Category: REAL ESTATE NEWS

Separate Cell to monitor unregistered housing societies in state

April 16, 2018

By Realty Quarter Bureau State Minister Co-operation Shri Subhash Deshmukh has announced a separate cell to monitor the unregistered housing societies in state. According to the statistics only 90,000 societies have been registered with the departments. He said, ‘’this has been a long-standing demand as a separate unit can help with registrations and also help […]

Separate Cell to monitor unregistered housing societies in statemore

IL&FS infra will build affordable housing starting with 3 new projects

By Realty Quarter Bureau IL&FS Townships & Urban Assets will be forming joint ventures and participate in PPP partnership projects initiated by the government. IL&FS Group infrastructure and financial services company is now foraying into affordable housing business with 3 projects in Hyderabad, Chennai & Ahmedabad. This would be done under the new separate subsidiary […]

IL&FS infra will build affordable housing starting with 3 new projectsmore

Slum-in-situ rehabilitation policy passed by Haryana Government

By Realty Quarter Bureau The Centre will provide financial assistance of Rs one lakh per dwelling unit whereas the state government will provide assistance of Rs 67,000 per dwelling unit Haryana government released a press note stating that the government has approved the Slum-in-situ rehabilitation policy to provide housing to the slum dwellers. This would […]

Slum-in-situ rehabilitation policy passed by Haryana Governmentmore

Madhya Pradesh state government approves the land lease policy

By Realty Quarter Bureau The Madhya Pradesh government has approved a policy allowing for the renewal of lease of land, including residential plots which are now being used for commercial purposes. The move will benefit five lakh people in the state, Public Relations Minister Narottam Mishra told reporters after the cabinet meeting. “The state cabinet approved a policy to renew […]

Madhya Pradesh state government approves the land lease policymore

RERA in real time – nowhere close to the finish line

April 13, 2018

By Anuj Puri, Chairman – ANAROCK Property Consultants Why RERA is still not a nation-wide market force Many state governments have been lax in implementing RERA. There are various forces at play – the primary one being change aversion. RERA was conceived to change the entire status quo of how real estate is designed, developed […]

RERA in real time – nowhere close to the finish linemore

Flat owners in buildings with OC to get individual tax bills: BMC

By Realty Quarter Bureau The Brihanmumbai Municipal Corporation today announced that personalized property tax bills will be issued to the people who own flats in those buildings that will get Occupation Certificates (OCs) from this month. The civic body also said that under the new property tax system, those who pay the tax promptly will get […]

Flat owners in buildings with OC to get individual tax bills: BMCmore

SEBI amends norms for REITS & Infra Investment Trust

By Realty Quarter Bureau In order to make REITs and InvITs more attractive, markets regulator Sebi said that they will have to provide a mechanism for resolution of disputes with their shareholders and partners in the holding company. Sebi has also amended REITs (Real Estate Investment Trusts) and InvITs (Infrastructure Investment Trusts) regulations in order to facilitate the growth of such […]

SEBI amends norms for REITS & Infra Investment Trustmore

National Highway Authority signs agreement for its 1st International Project

By Realty Quarter Bureau To provide seamless vehicular movement for enhancing trade, business, health, education and tourism between Indian, Myanmar and Thailand, the National Highways Authority of India has signed an agreement for upgradation of Yagyi – Kalewa section of highway (Milepost 40/0 to Milepost 115/5) in Myanmar to two lanes with earthen shoulder. The […]

National Highway Authority signs agreement for its 1st International Projectmore

State to have separate offices for housing societies issues

April 12, 2018

By Realty Quarter Bureau A senior Cooperation department official said that there are around one lakh cooperative housing societies in the state, with around two crore people living in them The Maharashtra government will set up a separate office to deal with issues concerning cooperative housing societies to protect the interest of residents, state cooperation minister Subhash Deshmukh said. […]

State to have separate offices for housing societies issuesmore

800 houses secure for lower income group this year: Mhada lottery

By Realty Quarter Bureau This year, MHADA’s lottery will reserve more than threefourths of houses for economically weaker sections (EWS) and low income groups (LIG). The move comes the housing body received a lot of flak for reserving just eight homes for EWS groups last year. Though the date for this year’s lottery has not been finalised, MHADA […]

800 houses secure for lower income group this year: Mhada lotterymore

Category: REAL ESTATE NEWS

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