Category: News

Waiver on Stamp duty

State govt. gives relief to homebuyers allows increase & decrease in stamp duty rates

March 22, 2018

By Realty Quarter Bureau The homebuyers can get some relief in the process of buying a home as the state government has issued a provision that will allow reduction in the Ready Reckoner Rates. Untill now it was decided and fixed. To all who does not what Ready Reckoner rates are, it is the rates […]

State govt. gives relief to homebuyers allows increase & decrease in stamp duty ratesmore

MMRDA extends infrastructure development in Thane –Dombivali belt

March 12, 2018

By Realty Quarter Bureau The Mumbai Metropolitan Region Development Authority (MMRDA) has planned to especially develop cities of Thane, Navi Mumbai, Kalyan-Dombivali and Virar areas under Extended Mumbai Urban Infrastructure Project. This work includes road development and construction of flyover in these areas to reduce congestion. The authority is implementing the Mumbai Urban Infrastructure Project […]

MMRDA extends infrastructure development in Thane –Dombivali beltmore

Affordable Housing Policy gets approval in Punjab to regularize unauthorized colonies

By Realty Quarter Bureau The Punjab Cabinet paved the way for the notification of the Affordable Colony Policy – 2018 to facilitate affordable housing for lower income groups, thereby also checking the mushroom growth of unauthorised colonies. With most unauthorised colonies found to have small sized plots that are normally purchased by economically weaker section (EWS) and […]

Affordable Housing Policy gets approval in Punjab to regularize unauthorized coloniesmore

Vicat French Cement giant agrees to invest Rs. 1,735crore in India

By Realty Quarter Bureau French Euro 2.5 billion cement giant Vicat group will invest Rs 1,735crore (223 million euros) in the Indian cement sector involving both brownfield expansions and Greenfield projects. The Vicat group chairman Guy Sidos, who was part of the team of French industrialists accompanied France President Emmanuel Macron to India, has signed two memoranda of understanding to this […]

Vicat French Cement giant agrees to invest Rs. 1,735crore in Indiamore
Prestige Group Deal

Prestige Estates wants to buy 80% in Sterling Urban Infraprojects worth Rs. 336crore

By Realty Quarter Bureau Sterling Infra projects owns around 59acre of land at outer ring road Sarjapur Bangalore. Prestige in planning to own around 6milion sq ft of commercial complex. Developer Prestige Estates Project has entered into an agreement or probably will to acquire 80% of the stake in Sterling Urban Infraprojects which holds land […]

Prestige Estates wants to buy 80% in Sterling Urban Infraprojects worth Rs. 336croremore

Maharashtra & Karnataka RERA sets an example for Telangana RERA model

By Realty Quarter Bureau The Telangana government has constituted an expert committee to study the procedure being followed by Karnataka and Maharashtra for implementation of the Real Estate (Regulation and Development) Act. Principal Secretary, Municipal Administration, Arvind Kumar has issued orders in this regard, an official release said on Monday. The panel will study the administrative set up […]

Maharashtra & Karnataka RERA sets an example for Telangana RERA modelmore

Finance Ministry ask state run banks to ask passport details for loans

By Realty Quarter Bureau Fugitive Economic Offenders Bill which is currently undergoing in the session of parliament the government is soon to be expected make an official announcement. The finance ministry can ask the state run money lenders to seek the passport details before giving loan of 50crore or above to the borrower. A senior […]

Finance Ministry ask state run banks to ask passport details for loansmore

Noida authority wants to make stilt parking must for all residential buildings

March 4, 2018

By Realty Quarter Bureau In order to make the city parking problem solve Noida Authority has invited suggestions from the public on its proposal to change the building bylaws. According to the proposal it will be mandatory for all the individual residential plot owners to have stilt parking to accommodate their cars. Also all the […]

Noida authority wants to make stilt parking must for all residential buildingsmore
ICRA

Cement demand to see 4.5% growth in FY19: ICRA

March 1, 2018

By Realty Quarter Bureau For the ongoing fiscal, ICRA said, demand is expected to grow around 3 per cent based on current trends as in December 2017, production increased 8.4 per cent month-on-month. Cement demand in India is likely to grow about 4.5 per cent in 2018-19 on the back of pick-up in housing segment, and […]

Cement demand to see 4.5% growth in FY19: ICRAmore

Tata’s to merge the housing & infra business

By Realty Quarter Bureau The businesses are parked under Tata Housing and Tata Realty & Infrastructure, both subsidiaries of Tata Sons, the apex holding company of the conglomerate Tata Group chairman N Chadrasekaran has plans to merge the housing & infrastructure business to create a single unit with revenues of over Rs. 3000crore. The subsidiaries […]

Tata’s to merge the housing & infra businessmore