Tag: #Real Estate News

Infrastructural Projects

Infrastructure projects invade by Rs 3.88 lakh crore because of delays and other factors.

November 13, 2019

According to a survey, as many as 355 infrastructure projects, each worth Rs 150 crore or more, have shown cost overruns over Rs 3.88 lakh crore due to delays and other factors. Infrastructure projects worth Rs 150 crore and above are regulated by the Ministry of Statistics and Programme Implementation. Of those 1,623 projects, 355 […]

Infrastructure projects invade by Rs 3.88 lakh crore because of delays and other factors.more
IPE

Visit Biggest Indian Property Expo in Mumbai and Buy your dream home with special discount and offers.

November 12, 2019

Realty Quarter announce it’s 5th edition of Indian Property Expo on 16th & 17th november 2019 at Golden Petal Banquet Hall, 2nd Floor, Growels 101 Mall, Kandivali (East), Mumbai. Indian Property Expo is a platform in bringing together the whole of real estate from the sector across India backed by many Trade Associations, Financial Institutions, […]

Visit Biggest Indian Property Expo in Mumbai and Buy your dream home with special discount and offers.more
Oshiwara District Centre

Oshiwara District Centre will be the next business hub in the line of BKC.

As a next central business area on the route of Bandra Kurla Complex (BKC), MMRDA is quickly developing the Oshiwara District Center (ODC). ODC aims to offer high quality residential, commercial and retail spaces, situated strategically between Goregaon and Andheri-Lokhandwala, with the new technological facilities, spread over 160 acres. ODC is intended to develop as […]

Oshiwara District Centre will be the next business hub in the line of BKC.more
Construction

Delhi-NCR projects may get delayed by three months due to the construction ban.

November 11, 2019

Based on the ban on construction activities in the city to tackle air pollution, builders have stated that home buyers waiting to take possession of their dream house in Delhi-NCR will need to wait for three more months. The Environment Pollution (Prevention and Control) Authority, (EPCA) had enforced construction ban on last Tuesday, until Monday, […]

Delhi-NCR projects may get delayed by three months due to the construction ban.more
India-Ratings-and-Research

India Ratings suggest the imbalance of Demand-Supply may worsen with the Government’s Rs 25,000 crores fund.

November 9, 2019

India Ratings and Research said in their reports that the home buyers will be benefited that are awaiting possession of their homes, by the India government’s decision to set up a Rs 25,000 crores fund to provide a priority for debt financing to complete stalled housing projects. The Fund would provide an alternative outlet to net-worth-positive […]

India Ratings suggest the imbalance of Demand-Supply may worsen with the Government’s Rs 25,000 crores fund.more
Distressed Property Auctions

Jaypee Infratech, Amrapali & Unitech may not be eligible for the FM’s Rs 25,000 crore stress fund.

Over 75,000 homebuyers of Amrapali, Jaypee Infratech and Unitech will not be eligible for support from Rs 25,000 crore stress funds in the National Capital Region, because of numerous conditions applied by the government under the scheme, said homebuyers and industry players. “Maybe these three players are not qualified, but the property sector is beyond […]

Jaypee Infratech, Amrapali & Unitech may not be eligible for the FM’s Rs 25,000 crore stress fund.more
Stalled Projects

The cabinet opens Rs 25,000 crore window for projects that are on hold.

November 7, 2019

In order to reactivate the main industry, also to boost the economy and to provide aid to home buyers, the cabinet approved Rs 25,000-crore special windows to finance housing projects that are stalled. The money will be available for projects that are “net worth positive,” FM Nirmala Sitharaman said. There will be potential distribution to […]

The cabinet opens Rs 25,000 crore window for projects that are on hold.more
Court Order

Supreme Court bans construction, demolition, waste burning in Delhi-NCR.

November 6, 2019

The Supreme Court, on 4 November 2019, prohibited all construction and demolition activities in the region, along with the burning of garbage and waste in order to enact the severe air pollution in Delhi-NCR as ‘atrocious’. The apex court said, because of the ‘worsening of emergency’, people cannot ‘left to die’, the people engaged in […]

Supreme Court bans construction, demolition, waste burning in Delhi-NCR.more
Nirmala Sitharaman

The government is working on reviving the real estate sector, says Nirmala Sitharaman.

On Tuesday, Finance Minister Nirmala Sitharaman flagged concerns about the real estate sector problems, saying that much attention is needed in the ailing industry. “The Indian Government is extremely committed to and works with RBI to see how best we can change existing legislation, where it is required, and assist the people in this particular sector […]

The government is working on reviving the real estate sector, says Nirmala Sitharaman.more
MahaRERA

MahaRERA update: Builders need to provide SRO details from 1st December.

November 5, 2019

As per the latest amendments made by MahaRERA, from 1st December onwards, all developers who are registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA) will have to provide details about the developer’s body with whom they are linked with. Officials from MahaRERA said that the amendments under Section 34 of the MahaRERA Act have been […]

MahaRERA update: Builders need to provide SRO details from 1st December.more