Mumbai builders have called off their strike scheduled for May 3. The Maharashtra Chamber of Housing Industry and the Confederation of Real Estate Developers Association of India had called for a one-day token strike protesting the delay in project approvals and against the State Government’s move to establish a housing regulator. The Builders Association of […]
The real estate developers on Thursday reacted sharply to the Bhubaneswar Development Authority’s (BDA) move to change the definition of “apartment” and “group housing.” Talking to reporters here, Confederation of Real Estate Developers Association of India (CREDAI) state president D S Tripathy said the new definitions are vague and will result in the harassment of people while […]
By skgupta
|
Posted in Property News
|
Also tagged BDA, Bhubaneswar Development Authority, Confederation of Real Estate Developers Association of India, Credai, D S Tripathy, Developers, EWS houses, Odisha, policies, Real Estate, Realtors
|
The real estate industry is at loggerheads with the state government after a directive by the Urban Development Department to private developers that they reserve 20 per cent of plots and tenements for the economically weaker sections (EWS). The move is being opposed not only by individual developers but also by the Confederation of Real […]
By skgupta
|
Posted in Property News
|
Also tagged 20% Reservation, Avinash Patil, Confederation of Real Estate Developers Association of India, Credai, deputy director, economically weaker sections, EWS, Hemant Naiknavare, Pune Metro, Rajeev Awaas Iona, real estate industry, Real Estate Sector, Town Planning Department, TPD, Urban Development Department, Vice President
|
When it comes to ease of approval and a good bureaucratic set up for real estate, Bihar seems to be better opportunity than Maharashtra, according to Lalitkumar Jain, real estate tycoon and president of Confederation of Real Estate Developer’s Association of India (CREDAI). Jain was speaking to DNA against the backdrop of the first ever all […]
Reuters Market Eye – Shares in real-estate companies with sizeable exposure to Mumbai fell on Monday after newspaper Times of India reported the state government of Maharashtra was planning to increase stamp duties in the city by as much as 160 times for residential and commercial properties. A real estate analyst with a Mumbai-based brokerage […]
By skgupta
|
Posted in Property News
|
Also tagged DB Realty (DBRL.NS), Housing Development and Infrastructure Ltd (HDIL.NS), India bulls Real Estate (INRL.NS), Maharashtra, Mumbai, real estate analyst, Real Estate Companies, Realty Sector, Residential Property, Reuters Market Eye, Shares, Times of India
|
August 10, 2010 – 11:01 am
Friday evening was a landmark in Indian Real Estate market history since the biggest real estate deal took place. National Textile Corporation (NTC) sold Bharat Mills spread over eight acres at Worli for an extreme price of Rs. 1505cr, i.e. Rs. 188 cr. per acre. The top bidder was Indiabulls followed by Lodha who lost the […]
By
|
Posted in Property News
|
Also tagged Affordable Housing, Bharat Mills, bidders, Indiabulls, Landmark, lodha, market history, national textile corporation, Oberoi, peninsula, podar, Tata, textile mills, videocon, Worli
|
Photo by Justin A. Wilcox On last Sunday, Marib Holdings LLC, an Abu Dhabi-based company announced that they plan to build a “space city” in Chikkaballapur district. This district is approximately 90 km from Bangalore. The company would invest an amount of Rs.18,400 cr. ($4 billion) in the project. On Saturday, this project got its […]
By
|
Posted in Property News
|
Also tagged Abu Dhabi, disneyland, entertainment theme, exhibition hall, exhibition halls, fashion hub, free zone, Malls, marib, office tower, residential options, Residential Units, science and technology, space city, Technology Park, theme park, zone office
|
October 31, 2008 – 12:17 am
The much-hyped slum rehabilitation authority (SRA) scheme of the Maharashtra government is in doldrums. This follows a steep slump in the real estate market. One of the biggest players in SRA schemes said, “I have decided to pull out completely. It just doesn’t make sense to get involved in these schemes anymore.” With many SRA […]
By
|
Posted in Property News
|
Also tagged Downslide, Fsi, Housing Loans, Maharashtra Government, Occupants, Purchaser, Rane, Reluctance, Shrikant, Slowdown, Slum Rehabilitation Authority, Slump, Slums, Transit Camps
|
August 29, 2008 – 2:16 am
KOLKATA: The state government has granted to a proposal for granting SEZ status to the JSW steel plant project at Salboni with specific pre-conditions, in addition to which it has approved the acquisition of 3500 acres for Aerotropolis project containing a private airport and real estate at Andal. The Cabinet sub committee on industry agreed […]
By admin
|
Posted in Property News
|
Also tagged Acquisition, Government Proposal, Government Steel, Investor, Jsw Steel, Kolkata, Plant Project, Private Airport, Real Estate, SEZ, Steel Plant, Steel Project
|
August 27, 2008 – 2:53 am
Goa Chief Minister Digamber Kamat said that the Centre has a power to denotify Special Econimic Zone (SEZ) if they are not operational within stipulated period of time. Kamat told the State Legislative Assembly on Tuesday, “During my talks with union Commerce Minister Kamal Nath, he said that SEZ projects should be complete within a […]
By
|
Posted in Property News
|
Also tagged Bombay High Court, Chief Minister, Commerce Minister, Contention, Econimic, Goa, Intention, Kamal Nath, Land Developers, Leader Of Opposition, Lease Agreement, Legislative Assembly, Period Of Time, Sezs
|
After being scanned for Foreign Exchange Management Act (FEMA) violation, many foreigners intend to sell their properties in Goa and return back, but have to stay back as Goa authorities have banned any related transactions. Few of the foreigners who have invested in Goa getting jittery after the show-cause notice from the directorate of enforcement […]
By admin
|
Posted in Property News
|
Also tagged Debt Management, Fema, Foreign Exchange Management, Foreigners, Goa, Management Act, Management Unit, Notary Services, Properties In Goa, Property Registration, Registration System, State Registrar
|
Brigade Enterprises, a Bangalore-based real estate developer, has bagged 5 acres in Kochi to build up IT office space. The company acquired the land in the processing area of Kochi’s Info Park Special Economic Zone (SEZ). Government of Kerala will develop IT Park in Kochi which will be known as Info park. For the project, […]
The state government has decided to regularize illegal colonies in Ghaziabad on the pattern of Jaipur Development Authority in Rajasthan. The policy would benefit 208 illegal colonies. The UP administration has invited suggestions on the policy from development authorities across the state through a letter. A copy of Jaipur Development Authority’s policy is also attached. […]
