Category: Interviews

MahaRERA

CCI Projects Ltd will have to pay interest on late possession says MahaRERA.

August 24, 2020

Maharashtra Real Estate Regulatory Authority (MahaRERA) dismissed the developer’s argument that, since home buyers continued to pay even after the promised date of occupancy had passed, they had “acquiesced” and agreed to the delay in possession. In three separate orders, MahaRERA’s Bhalchandra Kapadnis has advised developer CCI Projects Ltd, to pay interest on deferred possession […]

CCI Projects Ltd will have to pay interest on late possession says MahaRERA.more

Edelweiss ARC plans to auction DB Realty plot as it defaulted Rs 439 crore.

August 20, 2020

More than a decade ago, this prime sea-side plot of the Charni Road in southern Mumbai was to build the country’s tallest 125 storey luxury hotel. Some years later, a plan was revised and two 60-story residential towers were built on the 2.2-acre land. However, all of the plans have been void. The land would […]

Edelweiss ARC plans to auction DB Realty plot as it defaulted Rs 439 crore.more
Construction

Gujarat recent law allows the construction of skyscraper buildings in top 5 cities.

August 19, 2020

The government stated on 18 August, that Gujarat Chief Minister Vijay Rupani authorised the development of 70 floors or higher buildings for five key cities. In compliance with the new law, for tall structures in the state, the highest legal cap was 23 floors. The state government now proposed to amend the General GDCR (General […]

Gujarat recent law allows the construction of skyscraper buildings in top 5 cities.more
construction

Housing Minister notifies about 3.65 crore jobs creation through the PMAY-Urban.

August 18, 2020

Union Minister Hardeep Singh Puri said on Tuesday that approximately 3.65 crore jobs would be created in the development of apartments and houses approved by the country’s Pradhan Mantri Awas Yojana (Urban). Puri further said 1.65 crore jobs have already been generated under the PMAY (U), during a webinar, arranged by the Confederation of Indian […]

Housing Minister notifies about 3.65 crore jobs creation through the PMAY-Urban.more

GLOBAL INFRAEARTH picks Umesh Jhawar as CEO

August 17, 2020

The Real Estate Project, Transaction and FDI Consultant, GLOBAL INFRAEARTH ropes in Umesh Jhawar as their Chief Executive Officer. As the CEO, he will now oversee responsible for the overall business of the company in India and Internationally. Global InfraEarth (P) Ltd is one of the reputed and trusted real estate services company in India with […]

GLOBAL INFRAEARTH picks Umesh Jhawar as CEOmore
SPL-SLV-Infra-partnership

Shriram Properties expands its plotted development portfolio; Partners with SLV Infra Projects

June 11, 2020

SPL is planning to launch 4-5 plotted development projects this year, through a strategic partnership with SLV Infra Projects Bengaluru, 1 June 2020: Shriram Properties Limited (SPL), one of South India’s leading residential real estate development company, announced further expansion of its plotted land development portfolio through a strategic partnership with SLV Infra Projects, which […]

Shriram Properties expands its plotted development portfolio; Partners with SLV Infra Projectsmore
GST

Government to consider GST relief package to aid with the impact of COVID-19.

April 27, 2020

India is considering a relief package for Goods and Services Tax (GST) to fight Covid-19’s effect and help support the economy, said people with knowledge of the issue. The package under consideration could include a six-month suspension of GST payments for the worst-hit sectors such as restaurants, aviation and hospitality and a lower rate for […]

Government to consider GST relief package to aid with the impact of COVID-19.more
Real estate

NEFOWA requested builders not to raise maintenance charges in the housing society during the lock-down.

April 25, 2020

A representative of homebuyers in Greater Noida, the Noida Extension Flat Owners Welfare Association (NEFOWA) urged builders not to increase maintenance charges in the housing society during the lockdown. When a few developers in the area increased maintenance prices, the Association wrote to the Confederation of Real Estate Developers Association of India. Eros Group, which […]

NEFOWA requested builders not to raise maintenance charges in the housing society during the lock-down.more
Drone Survey

The central government is going to replicate Maharashtra’s drone survey across the country for property validation.

April 24, 2020

The central government is seeking to take a leaf out of the drone survey carried out by the state government to map housing in rural areas and replicate it across the country. Last year, the first survey of state property using Unmanned Aerial Vehicles (UAVs) was conducted at Sonori village in Pune District to map […]

The central government is going to replicate Maharashtra’s drone survey across the country for property validation.more
Property for rent

Delhi government issued an order to Dial 100 if the landlord force tenant to pay rent.

The Delhi government released an order asking all landlords not to ask rent for one month from workers, including migrants, who have been affected by the lockdown caused by a coronavirus. Any landlord identified to be in violation of the order is charged under the Disaster Management Act 2005. The order issued on April 22 […]

Delhi government issued an order to Dial 100 if the landlord force tenant to pay rent.more