Tag: realty quarter

In the event of a lockdown, retailers have stated that they will only pay rent in proportion to their actual business.

July 16, 2021

The top retailers and restaurant chains such as Reliance Retail, Madura Fashion & Lifestyle, Domino, Plum by Bent Chair, Mamagoto, Farzi Café, Lee, Wrangler & Cafe Warehouse, etc., insist on introduction of clauses in all new leases, which state that in the event of government-mandated closures of stores and business, they do not pay rent […]

In the event of a lockdown, retailers have stated that they will only pay rent in proportion to their actual business.more

The Adani Group takes over the management of Mumbai International Airport from the GVK Group.

July 14, 2021

On July 13, Adani Group Chairman Gautam Adani announced that the Adani Group has taken over management of Mumbai International Airport from the GVK Group. Following a MIAL board meeting earlier on July 13, the Adani Airport Holdings Limited (AAHL) took over managerial control of MIAL from the GVK Group. Gautam Adani stated: “We are […]

The Adani Group takes over the management of Mumbai International Airport from the GVK Group.more

Over 70 real estate complaints got disposed of by UP-RERA in its first National Lok Adalat.

July 13, 2021

On July 10, the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) disposed of approximately 80 cases under the auspices of the Uttar Pradesh State Legal Services Authority in the first National Lok Adalat. A sum of 91 cases was held for hearing at the Lok Adalat, with 79 of them got disposed of. UP-RERA Legal […]

Over 70 real estate complaints got disposed of by UP-RERA in its first National Lok Adalat.more

Mhada will reconstruct Patra Chawl in Mumbai, and tenants would receive rent arrears as well.

July 12, 2021

The Maharashtra Housing Area Development Authority (Mhada) is set to legally take over the reconstruction of Goregaon West’s Siddharth Nagar (Patra) chawl. The state housing department issued a government resolution (GR) ordering Mhada to finish the halted redevelopment and deliver over dwellings to the 672 tenants and 306 residents who had won allotments under the […]

Mhada will reconstruct Patra Chawl in Mumbai, and tenants would receive rent arrears as well.more

Stamp duty exemptions for buyers in high-rise buildings have been extended until September 30.

July 7, 2021

Jaipur- In response to developer requests, the state government has decided to prolong the stamp duty exemption for three months, until September. Despite the fact that the Confederation of Real Estate Developers Associations of India (CREDAI) had written to the finance ministry requesting that the stamp duty exemption be extended until March 2022, the department […]

Stamp duty exemptions for buyers in high-rise buildings have been extended until September 30.more

Gujarat Government provides property tax relief to multiplexes, gym owners.

June 10, 2021

Multiplexes and cinema halls have scarcely been open since the outbreak began and have been forced to close because of limitations set to control the spread of Covid-19. The state administration announced on Tuesday a total exemption from property tax for owners of multiplexes, movie halls, and gyms for the fiscal year 2021-22. The state […]

Gujarat Government provides property tax relief to multiplexes, gym owners.more

Land and building investments are not covered under the PLI scheme.

June 5, 2021

Investments in land and buildings necessary for a project will not be included under the production linked incentive (PLI) scheme for ACs and LED lights, and will not be included when establishing a company’s eligibility to benefit from the program. This is part of the rules provided on Friday by the Department for Promotion of […]

Land and building investments are not covered under the PLI scheme.more

PNB Housing is going to raise Rs 4,000 crore from Carlyle Group, others.

June 2, 2021

PNB Housing Finance’s board of directors has approved an Rs 4,000 crore capital raise plan by the preferential issue of equity shares and warrants, according to a press statement. Pluto Investments, a Carlyle Asia Partners IV, L.P. and Carlyle Asia Partners V, L.P. affiliate, has decided to invest up to Rs 3,185 crore at preferential […]

PNB Housing is going to raise Rs 4,000 crore from Carlyle Group, others.more

Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

Pricing index for housing launched to help homebuyers make informed purchase decisions.

June 1, 2021

On May 31, 2021, online real estate portal Housing.com and the global business school Indian School of Business (ISB) announced the launch of their Housing Pricing Index (HPI), which will assist potential homebuyers in determining the best time to buy a property and sellers in determining the best time to sell their assets. Homebuyers, investors, […]

Pricing index for housing launched to help homebuyers make informed purchase decisions.more

The Chief Minister of Gujarat has approved the construction of skyscrapers with 70 or more floors.

May 27, 2021

Gujarat is one step closer to transforming the skylines of its five major cities with ‘iconic towers’ such as those seen in Dubai and Singapore. Chief Minister Vijay Rupani approved the final notification addressing the construction of buildings with 70 or more stories on May 25, paving the path for this move. The approval was […]

The Chief Minister of Gujarat has approved the construction of skyscrapers with 70 or more floors.more

Tag: realty quarter

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