Tag: #COVID-19

BMC

COVID-19: BMC prepares 20 additional hospitals in Mumbai along with quarantine wards.

April 9, 2020

The coronavirus is Spreading like wildfire, the amount of people in Mumbai testing positive for COVID-19 is rising constantly. The Brihanmumbai Municipal Corporation has prepared, with this rise, 20 more hospitals with doctors and nurses at standby. “Two, 140-bed hospitals in Vikhroli and Ghatkopar have been equipped with different entry gates and quarantine wards. In […]

COVID-19: BMC prepares 20 additional hospitals in Mumbai along with quarantine wards.more
Maharashtra RERA Rules in Place to Protect Homebuyers from May 1

K-RERA allows three months deadline extensions on all RERA projects.

April 6, 2020

The Karnataka Real Estate Regulatory Authority (RERA) has provided a deadline extension for all residential buildings throughout the city, taking into account the lockdown declared by the state and the union governments. Much of the mass exodus of migrant workers who decided to return to their hometowns before the coronavirus outbreak, the continuing construction projects […]

K-RERA allows three months deadline extensions on all RERA projects.more
Financial crisis

Multiplex Association of India (MAI) request for complete rent waiver.

Cinema halls and multiplex operators have requested the malls’ landlords and developers to fully waive the rent and common area maintenance (CAM) during this lockdown and recuperating period. Unlike other industries, the cinema operators, according to the Multiplex Association of India (MAI), have “zero” revenue during the lockdown period and before that when several state […]

Multiplex Association of India (MAI) request for complete rent waiver.more

Noida residents refuse for quarantine units provided by realtors.

April 4, 2020

A proposal by Naredco body of realtors to give space for COVID-19 quarantine wards in two housing projects in Noida was met with skepticism by residents associations, which said the decision triggered fear among the citizens living there. The Noida administration said it received aid offers from many quarters, but there were stringent public health […]

Noida residents refuse for quarantine units provided by realtors.more
Electricity

COVID-19 effect: Maharashtra government declares an 8% reduction in electricity tariff.

April 3, 2020

On March 30th, the Maharashtra government declared an average 8 per cent reduction in the electricity tariff over the next five years to enable enterprises and citizens to sail through the COVID-19 crisis. Although the sector has earned the biggest gains, according to an official announcement, farmers would have to endure a 1 per cent […]

COVID-19 effect: Maharashtra government declares an 8% reduction in electricity tariff.more
Real Estate Market

Experts predict the real estate market will see a surge in returns in 2-3 years.

Because cities are in locked down and people are reluctant to move out of their houses, buyers have the greatest worry over whether or not their investment in the real estate is secure. Realty shares have slipped into COVID-19’s terror, and many customers are uncertain over whether to stay invested or exit. Though according to […]

Experts predict the real estate market will see a surge in returns in 2-3 years.more
RHB

Rajasthan Housing Board might provide 16,000 vacant flats to COVID-19 patients.

April 2, 2020

To take on coronavirus, several schools, hospitals, and facilities have opened their doors for citizens suffering through the lockdown time to reach both ends. However, the Rajasthan Housing Board (RHB), which has 16,000 vacant properties, is still in progress to give any solace to the suffering people. State residents also volunteered to cater migrant workers […]

Rajasthan Housing Board might provide 16,000 vacant flats to COVID-19 patients.more

Real estate firm Unity Group allows one-month rent exemption to all its shopping malls retailers.

April 1, 2020

Realty company Unity Group, which has four shopping malls in the national capital, would not charge rent for the month of April estimated at Rs 10 crore to offer relief to its retailers and other merchants impacted by the national lockdown. Unity Group has exempted all merchants from paying a month’s rent at its ‘Unity […]

Real estate firm Unity Group allows one-month rent exemption to all its shopping malls retailers.more
BMC

BMC Commissioner seeks to provide temporary shelters for the homeless labourers.

March 31, 2020

BMC commissioner Praveen Pardeshi has instructed building proposals department officials to locate recently built unoccupied buildings in their regions so that they can act as temporary shelters for homeless labourers and other emergencies. Civic officials said there were several such buildings in the city, so it was necessary to use the first few floors of […]

BMC Commissioner seeks to provide temporary shelters for the homeless labourers.more
Arvind Kejriwal

Delhi CM Arvind Kejriwal appealed landlords not to compel tenants to pay rent for a few months.

March 30, 2020

On Sunday, Delhi Chief Minister Arvind Kejriwal appealed to the landlords not to compel tenants to pay rent for two or three months, saying that the rent would be paid by his government if tenants fail to do so. “I appeal to all landlords not to compel tenants to pay rent for two or three […]

Delhi CM Arvind Kejriwal appealed landlords not to compel tenants to pay rent for a few months.more