According to a survey, rents in MMR have shot up from Rs 17,912 (in 2017) to Rs 21,168 in 2018 making it the most expensive city to rent a home in India

Buying a home in Mumbai was always expensive and it looks like now even renting a home here is going to be difficult. According to a recent survey, out of the top five Indian cities, the percentage of rent inflated the most in Mumbai Metropolitan Region (MMR), which includes Thane and Navi Mumbai. In 2018, rent prices shot up by […]

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Twenty-nine years after plot sale, two sent to jail in I-T case

Mumbai Twenty-nine years after two joint land owners transferred their four-acre plot in Bandra to a builder for Rs 10 lakh, a local court sentenced them to six months’ rigorous imprisonment for flouting income tax rules. Additional Chief Metropolitan Magistrate M I Lokwani sentenced two members of the Gurav family. The Income Tax (I-T) Department had initiated criminal proceedings against […]

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Smart Cities to be accessible for Divyang citizens: Hardeep Singh

By Realty Quarter Bureau Shri Hardeep Singh Puri, Minister of State for Housing and Urban Affairs (I/C), has stressed on the need for integrating divyang-friendly measures in various projects being implemented in the Smart Cities in India. This, he said, is required at the initial project planning stage to ensure that cities become divyang-friendly, accessible and inclusive. He was speaking at an […]

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Bengal govt. spends Rs 1,372crore for green city projects

By Realty Quarter Bureau The West Bengal government has revealed that it has spent Rs 1,372 crores towards the green city project, based on the plans submitted by various municipalities to the Urban Development Department The Urban Development Department of West Bengal government has spent Rs 1,372crores towards the green city project, undertaken by various urban local bodies of the […]

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Nearly 2.67lakh more homes to sanctioned for urban poor under PMAY –U

By Realty Quarter Bureau The approval was given in a meeting of the Central Sanctioning and Monitoring Committee of PMAY (U), which was held under the chairmanship of Union Housing and Urban Affairs Secretary Durga Shanker Mishra. The Centre approved construction of nearly 2.67 lakh more affordable houses for the poor in 10 states under the Pradhan Mantri Awas Yojna(Urban), […]

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AAI close deal with Gujarat for Dholera airport project by next month

By Realty Quarter Bureau The Airports Authority of India (AAI) was likely to finalise a deal with the Gujarat government by next month for the proposed Rs 2,000crore Dholera airport, a senior state official said. “We have already sent the proposal to them (AAI) and they have accorded in-principle approval for it. We hope that by mid-August we will be able to finalise […]

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GVK in final terms of final closure for Navi Mumbai Airport

By Realty Quarter Bureau Navi Mumbai International Airport’s executive chairman, GVK Reddy, announced that the GVK Group had achieved financial closure for the construction of the first phase of the airport, on schedule. “This will now enable us to focus on the next steps, which is the construction and completion of the first phase, of yet another landmark airport in […]

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New municipal council with 27 villages of Kalyan –Dombivali belt to formed soon: CM

By Realty Quarter Bureau The process of carving out a separate municipal council, comprising 27 villages currently under the Kalyan Dombivli Municipal Corporation (KDMC), is in the final stages, Maharashtra chief minister Devendra Fadnavis informed the state legislative assembly, on July 10, 2018. Fadnavis, while replying to a debate on the issue during the Question Hour, also said that a notification to […]

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Tamil Nadu will launch land pooling scheme for housing projects

By Realty Quarter Bureau With acquisition of private land becoming an expensive affair after implementation of the Land Acquisition, Rehabilitation and Resettlement Act, 2013, the state assembly has passed a bill for launching the Land Pooling Area Development Scheme for housing and infrastructure projects. The new provision in the Tamil Nadu Town and Country Planning Act would make land owners stakeholders in […]

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MahaRERA goes digital: get all projects detail just a click away

MahaRERA is making buying a home for a buyer easy day by day. The regulatory body has just made property buying more convenient by putting mapping all the development projects which are registered with them. Now a buyer has not run door to door for project details and information you can access all the detail just a click away. Maharashtra […]

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