Category: REAL ESTATE NEWS

India Mortgage Guarantee Corporation (IMGC) signed an MOU with State Bank of India

SBI & Indian Mortgage Company joins hands to offer mortgage backed home loans

March 26, 2018

By Realty Quarter Bureau India Mortgage Guarantee Corporation (IMGC) signed an MOU with State Bank of India to offer mortgage backed home loans. “This tie-up will enable us to improve housing loan volumes in non-salaried segment,” said PK Gupta, MD (Retail & Digital Banking), SBI. The bank will offer the said home loan to non-salaried and self-employed customers. “Taking such […]

SBI & Indian Mortgage Company joins hands to offer mortgage backed home loansmore

SRA & MHADA re-development projects under MahaRERA says State Housing Minister

#By Realty Quarter Bureau  The redevelopment of existing slums and MHADA buildings will soon be brought under the regulations of the Maharashtra Real Estate Regulatory Authority (RERA), state housing development minister Prakash Mehta said. He was replying in the Legislative Assembly to a calling attention motion by BJP MLA from Dharavi, R Tamil Selvan. Dharavi is dominated by slum […]

SRA & MHADA re-development projects under MahaRERA says State Housing Ministermore

Telangana RERA panel in next 3 months inspired by Maharashtra RERA model

March 23, 2018

By Realty Quarter Bureau The Telangana government will be constituting Real Estate Regulatory Authority (RERA) in next 3 months with representatives from civil society and others effective implementation of the RERA. Apart from members of the civil society, lawyers, builders, architects and town planning experts will form part of the advisory panel. The government will […]

Telangana RERA panel in next 3 months inspired by Maharashtra RERA modelmore

ATS Group invest Rs. 2,000crore for affordable housing

March 22, 2018

By Realty Quarter Bureau  ATS Group, a National Capital Region (NCR)-based developer, plans to invest close to Rs 1,500- 2,000 crore for construction mid- income and affordable homes under a new entity ‘HomeKraft’. The fund will be raised from a mix of internal accruals, debt and private equity funds. “We are in advance talks with […]

ATS Group invest Rs. 2,000crore for affordable housingmore
Waiver on Stamp duty

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

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

The Economic Times and Saint-Gobain calls for entries for The Smart Green Awards 2018

March 20, 2018

By Realty Quarter Bureau An initiative that honours outstanding contributions towards building a greener future The Indian Real Estate Industry is on the growth trajectory for creating sustainable living places. In order to encourage new ideas and techniques that are incorporated in building sustainable, aesthetically appealing and technologically driven developments, The Economic Times & Saint-Gobain […]

The Economic Times and Saint-Gobain calls for entries for The Smart Green Awards 2018more

Which Mumbai Real Estate Locations Still Deliver Good ROI?

March 13, 2018

By Anuj Puri, Chairman – ANAROCK Property Consultants Real estate prices in Mumbai – India’s high-flying financial capital – are never out of the news. From South Mumbai’s spectacularly pricey trophy properties to the chronically unaffordable price tags of what passes for mid-income and affordable housing in the city, there is no getting over, under, […]

Which Mumbai Real Estate Locations Still Deliver Good ROI?more

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