Category: News

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

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

Maharashtra Industrial Development Corporation's

MIDC approves more than 1,300 companies to reopen their operations in the midst of the lockdown.

April 23, 2020

More than 1,300 firms, including manufacturing units, foundries and textile firms have been approved by the Maharashtra Industrial Development Corporation (MIDC) to reopen their services in the midst of the COVID-19 lockdown. The MIDC is the nodal body of the state government to facilitate enterprises with regard to land management, permits and policymaking. “We have […]

MIDC approves more than 1,300 companies to reopen their operations in the midst of the lockdown.more

LIC Housing Finance cuts its housing loan rates to 7.4%.

LIC Housing Finance (LIC HFL) has reduced its interest rates with immediate impact for individual home loan borrowers, the firm said in a media release. For any amount of loan, the interest rate for new customers with CIBIL score of 800 or more is 7.5%. If the customer assigns new/existing single premium term insurance policy […]

LIC Housing Finance cuts its housing loan rates to 7.4%.more

SC concludes 20-year old battle, declares two JVPD plots as an ‘Open Spaces’.

April 22, 2020

In a judgment closing a 20-year-old battle, the Supreme Court ordered that two open spaces at the Juhu-Vile Parle Development Scheme (JVPD) be maintained as open spaces only. It upheld a 2017 Bombay High Court Order labelling Mhada’s decision to approve construction on the two layout open spaces as an “illegality” and “set off with […]

SC concludes 20-year old battle, declares two JVPD plots as an ‘Open Spaces’.more

Emirates REIT plans to buy-back $400 million in bonds to improve its balance sheet.

Emirates REIT, a sharia-compliant real estate investment trust headquartered in Dubai, is contemplating buying back some of it’s nearly $400 million in Islamic outstanding bonds to boost its balance sheet, three sources told Reuters. Given the economic pressures induced by the coronavirus pandemic, which is worsening an already stagnant property sector in Dubai, the idea […]

Emirates REIT plans to buy-back $400 million in bonds to improve its balance sheet.more

The emergence of sustainability in the ambit of Real Estate

Written by Mr Apurva Gupta, Chief Marketing Officer, Rivali Park CCI Projects India’s escalating residential sector is one of the highest suppliers to the country’s total carbon releases that is to account for 22% of India’s over-all annual carbon releases. Buildings account for up to forty percent of the whole energy consumption in India, of which […]

The emergence of sustainability in the ambit of Real Estatemore

Indian real estate market experiences a decline in institutional investment by 58%.

April 21, 2020

Institutional investment in the Indian real estate market has dropped from a year earlier to $712 million during the quarter ended March by 58%. Total investments in the financial year 2019-20 experienced a 13% fall at $4.26 billion-the lowest for four years, a report by JLL India shows. Several events affected the downturn, including the […]

Indian real estate market experiences a decline in institutional investment by 58%.more

Delhi HC orders Indiabulls Housing for the outstandings to NCD investors.

A Delhi High Court order received by private-sector lender Indiabulls Housing Finance toward market regulator Sebi has placed mutual fund houses in a tight position. The HC has permitted Indiabulls, a Non-Banking Financial Company (NBFC) not to pay its debenture holders, including fund houses, interest and principal, as far as the RBI requires banks and […]

Delhi HC orders Indiabulls Housing for the outstandings to NCD investors.more

Office workplace to focus on creating wide spaces to comply with social distancing standards.

April 20, 2020

COVID-19 outbreak and government-mandated social distancing standards will affect workplace requirements and designs in the coming future as businesses look at ways to safeguard their employee’s health. Companies working in commercial complexes are required to uphold social distancing norms and be able to confront any unexpected health issues. Many firms, particularly in information technology and […]

Office workplace to focus on creating wide spaces to comply with social distancing standards.more

Category: News

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