In order to check the illegal constructions across the capital, especially on the land for agriculture, the concerned departments are ordered by the Delhi Government to come up with strict actions against such activities. As per the instructions of Mr.Raj Kumar Chouhan, the Revenue Minister, any illegal construction will not be tolerated and along with […]
The government has provided in-principle approval to DLF to denotify four of its IT, ITES Special Economic Zones (SEZ), which the company did not want to build because of the slowdown in the real estate business. However, the denotification will be subject to the condition that DLF returns all the tax benefits that it had […]
Ansal Properties and Infrastructure Ltd, has launched an ambitious 2500-acre township project adjoining Greater Noida, in Uttar Pradesh. The company plans to invest Rs 26,800 crore over the next five years in developing this project. The township, branded The Megapolis, is extendable to around nine thousand acres, which means that the company has an option […]
As new government policies drive progress towards addressing climate change and other key environmental issues, the real estate markets around Asia and the world will change its look quickly and adopt green building concept, both in developing new buildings and improving existing ones, . This transformation will be driven by various combinations of regulation, government […]
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Also tagged Aspiration, Bangalore, Chennai, Conventional Buildings, Cost, Employees, Energy, Government Policies, Green Certificate, House Renter, Market, Mumbai, New Buildings, Requirement
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MUMBAI, May 2 – Indian property investors are aiming lower- to mid-end house owners in the booming economy now that sales of luxurious apartments have slowed. With the number of families earning more than five thousand dollar per annum set to double to around twenty million in the coming two years, demand for small and […]
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Also tagged Construction Industry, Foreign Investors, house, Housing Market, Information Technology And Financial Services, Inward Investment, Luxurious Apartments, New Delhi, Property Investors, Real Estate Information, Real Estate Information Technology, Software Industry
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The unending euphoria over real estate, which India has been witnessing over the past few years, is finally starting to show signs of ebbing, and that is probably healthy news for the long-term growth of this sector. Collapse of a few recent PE deals, postponement of capital-raising plans by developers and poor response to government […]
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Also tagged Auctions, Capital Values, Deceleration, Home Loan, Land, Major Cities, Real Estate, Rental Values, Residential Sector, Sector Collapse, Suburban Location
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