News & Updates
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- Noida: Bhoomi puja done, work on Unitech projects to resumeat 03:46
The ceremony was led by the govt-appointed board of directors, who took over the company from the Chandra brothers in 2020 following a Supreme Court order.
- Bengaluru development body makes e-khata mandatory for all propertiesat 02:30
Currently, there are over 2 lakh properties in Bengaluru which come under BDA limits, and this initiative aims to enhance transparency in property transactions, making it easier to detect double registrations, illegal financial dealings, and other fraudulent activities.
- Citizens' groups in Pune demand online portal to draw suggestions for changes in apartment actat 08:32
Officials said they had received over 150 suggestions in the last month, mostly from Pune, Mumbai, Thane and Nagpur. These suggestions would be submitted to state govt after due discussions with all the stakeholders by Sept-end.
- PM virtually releases sanction letters to 32,000 PMAY-Gramin beneficiariesat 07:30
The Centre has approved 1,13,400 houses for the poor in Jharkhand under the PMAY-G scheme. Modi said that the first instalment of PMAY-G was released and thousands of houses were also handed over under the scheme.
- Lucknow civic body to cap mutation fee for property at Rs 10,000at 06:30
The decision, made by the executive committee on Friday, marks a significant change from the previous rule, where the mutation fee was uniformly set at 1% of the property's value.
- BMC floats tender for commercial hub at Mumbai's Dahisarat 08:30
According to the BMC's budget document, the primary goal of the hub at Dahisar, and a similar one at Mankhurd, is to provide an integrated bus terminus. This will connect to the city's other transport modes, such as BEST buses and the Metro, while ensuring that intercity and interstate buses terminate at the city's entry points to reduce traffic congestion
- Large office deals drive commercial absorption across eight cities in H1 2024: Reportat 07:30
Deals for office spaces above 100,000 sq ft recorded a 54% on-year growth in the first half of calendar year 2024 to 15.69 million sq ft. These deals contributed 45% of the overall commercial transactions, showed data from Knight Frank India.
- Ahmedabad: SRFDCL issues request for proposal for two riverfront plotsat 05:30
These plots, located on the west and east banks of the Sabarmati, are set to be developed for mixed-use commercial and recreational purposes, but residential schemes are off-limits.
- NBCC to develop housing, commercial spaces worth Rs 1,600 crore on MTNL's land in Delhiat 12:00
In a statement on Thursday, NBCC said that it has signed a Memorandum of Understanding (MoU) with Mahanagar Telephone Nigam Ltd (MTNL) to collaborate and "develop a prominent land parcel of MTNL measuring approximately 13.88 acres located on Pankha Road, New Delhi."
- 315Work Avenue leases 56,000 sq ft office space in International Tech Park, Puneat 09:00
Earlier, the company had leased 44,000 sq ft at ITPP. ITPP is a Grade A, 2.5 million sq ft tech Park, developed by Ascendas-Singbridge,
- Appellate tribunal of MahaRERA in placeat 06:03
The permanent appellate tribunal will hear appeals against the orders passed by MahaRERA. Homebuyers and developers can approach it for overruling an order given by the MahaRERA.
- 'Pagdi’ buildings may be brought under RERAat 03:09
The Pagdi system, which has been in existence since pre-independence era across many parts of the country, is a rental model.
- Maharashtra RERA calls for action against 293 projects lacking requisite nodsat 04:31
Over the past one year, MahaRERA has received about 9,000 e-mails giving details of such projects. Of this, about 7,300 emails were found to be valid.
- RERA remains a work in progress after one year: Viewat 10:44
We need a RERA authority monitoring the process of statutory approvals. India ranks a very low 181 out of 189 countries in ease of getting construction permits.
- 1 year of RERA: Not much has changed for the homebuyerat 04:17
As the first anniversary of RERA draws closer, so does the knowledge that the implementation across states is nowhere close to its goal.
- Bengaluru leads retail/consumer packaged goods GCCs boom as India sees rapid growth in the sectorat 16:40
The ANSR report anticipates over 25 new GCCs in the sector to emerge in the next 2-3 years, further solidifying India’s position as a global hub
- Brookfield-led consortium completes acquisition of American Tower’s operations in Indiaat 14:00
The acquisition, valued at $2.2 billion, encompasses approximately 76,000 communications sites, solidifying the consortium’s commitment to advancing India’s connectivity
- India’s housing market witnesses cooling trend as price surge crowds out buyersat 13:26
Luxury home sales buck the trend of sequential slowdown, with houses priced above Rs one crore rupees accounting for nearly 40 per cent of the total home sales in the last quarter
- Birla Estates buys land from Hindalco for ₹537 croreat 13:15
Kalwa is experiencing rapid growth due to its proximity to Thane
- Brigade to develop ₹600 crore residential complex in Velachery, Chennaiat 13:48
The development will be situated at the former Raptakos, Brett & Company Limited facility, which has been inactive for years.
