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
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
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
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
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
By Realty Quarter Bureau The housing and urban affairs minister said by 2030, cities would contribute to around 66 per cent of the country’s GDP and close to 90 per cent of tax collection Union minister Hardeep Singh Puri on said that India has undertaken the most comprehensive and planned urbanisation programme in the world. Addressing a Confederation of […]
Country’s urban planning for development is the most comprehensive says Housing Ministermore
By ANAROCK Property Consultants Unsold inventory decreased by 2% from 7.27 lakh units in Q4 2017 to 7.11 lakh units by Q1 2018 According to ANAROCK Property Consultants’ latest research, 2018 has started on a positive note with residential unit launches making a comeback and recording a 27% increase in Q1 2018 from the previous quarter across […]
27% increase in new housing launches in Q1 2018 over previous quarter reports ANAROCKmore
By Realty Quarter Bureau HDFC, the country’s largest housing finance company, has increased home loan rates by up to 20 basis points (100bps = 1 percentage point). It said the revision follows an increase in the cost of funds from last year. Most of the bank’s customers would be affected only marginally. Interest rates on loans up […]
HDFC hikes home loan rates up by 20 basis pointsmore
By Realty Quarter Bureau Shri Nitin Gadkari announces adoption of international system of counting of Lane Kilometres Union Minister for Road Transport & Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation Shri Nitin Gadkari has said that over 9829 kilometres National Highways were constructed during the year 2017-18. This represents 20 per cent growth […]
20% growth has been recorded in construction of National Highways says Nitin Gadkarimore
By Realty Quarter Bureau Shri Hardeep S.Puri, Minister of State (I/C) for Housing & Urban Affairs while laying the foundation stone of the Redevelopment of Government of India Press, Minto Road has stated that modernisation and upgradation is necessary to keep up with changing times. In this process, the project to modernize the Government of […]
Modernisation & Upgradation is necessary to keep up with changing times: Hardeep Singh Purimore
