Palghar, about 115 kilometers from Mumbai, will be the site of a new proposed satellite township. This will be the second such township, following Navi Mumbai, whose growth began in the 1970s. The township will be built on 337 hectares of land provided to the City and Industrial Development Corporation (Cidco) in lieu of building […]
Cidco plans to construct a township on 337 hectares of land in Palghar.more
On Saturday, CM Nitish Kumar asked the energy department to expedite the installation of prepaid smart meters in each Bihar household, reiterating his demand for the country to have ‘one nation, one electricity rate.’ The CM assured officials that there would be no shortage of funds for the ongoing work of installing prepaid smart meters […]
Bihar chief minister has directed officials to expedite the installation of smart meters in every home.more
Declaring that it was committed to provide housing for all in the state, Kerala’s new LDF government on Thursday decided to enact a stringent legislation to prevent the loss of accommodation through foreclosure proceedings. Chief Minister Pinarayi Vijayan announced a slew of policy measures including steps to alleviate extreme poverty from the state and come […]
Kerala government to enact law to protect homebuyers from foreclosure.more
People would be required to provide proof of parking space before purchasing vehicles under a historic new parking policy finalized by the Ahmedabad Municipal Corporation. The step is an attempt to stop people from purchasing several cars. According to the Times of India, the civic body also agreed not to allow cars to get parked […]
People in Ahmedabad will be required to display proof of parking space in order to purchase a car.more
According to Morgan Stanley, Property prices in Dubai are increasing for the first time in six years, owing to increased demand and a decline in project launches since 2017. According to ValuStrat consulting firm research, residential values increased by 1.2% month on month in April, and the index’s fastest monthly growth rate in seven years. “Residential property […]
Morgan Stanley predicts that the Dubai property market will improve due to higher-than-expected demand.more
The registration of property has stopped across Karnataka because after declaring a two-week lockdown, the government shut its 243 offices of the sub-registrar for the time being. “To ensure the safety of our staff and the public our offices have been closed down. Online registration is not even allowed,” KP Mohanraj, inspector general of registration and […]
Registration of property stops in Karnataka; builders fear a disruption of cash flow.more
According to a Knight Frank report, prime office rentals in Bengaluru and Mumbai dropped 8% and 6.2%, respectively, from January to March 2021 versus the preceding year. According to the consultant’s Asia-Pacific Prime Office Rental Index Q1, 2021 survey, prime office rents in the national capital region (Delhi-NCR) fell by just 1% from January to March […]
Bengaluru’s prime office rental falls by 8%, while Mumbai falls by 6.2% in the first quarter of 2021.more
Namma Metro’s Phase II-A (Central Silk Board to KR Puram) and Phase II-B (KR Puram to the Kempegowda International Airport) project cover 58.19 km, have been approved by the Metropolitan Planning Committee (MPC). The approval took place months after the Centre’s approval and almost 2 years after the state government’s approval. However, it is unclear why […]
The Metropolitan Planning Committee (MPC) has approved Phase II-A and Phase II-B of the Bengaluru Metro.more
The revolutionary ‘Indo-Swiss energy-efficient construction technology’ will be used in Andhra Pradesh’s Pedalandariki Illu housing scheme (housing for all the poor). The proposal calls for the construction of 30 lakh affordable houses in the state. According to state officials, the Indo-Swiss EE technology will decrease the temperature inside houses by about two degrees and save […]
In Andhra Pradesh, a housing scheme would use energy-efficient construction technologies.more
Developers from all real estate projects in the twin cities and the area of Yamuna Expressway are asked to provide isolation facilities on their construction sites for Covid affected workers, the Naredco builders’ body said on May 6. Despite the fact that over 25% of migrant workers have returned to their hometowns, over a lakh people […]
NAREDCO aims for the establishment of isolation facilities for construction workers.more
