Press Trust of India (PTI), headquartered in New Delhi, is India’s largest news agency. It was registered in 1947 and started operations in 1949. PTI has more than 400 journalists and 500 stringers, who generate more than 2,000 stories and 200 photographs every day. Subscribers to PTI’s feed include the mainstream media, research groups, specialised presses, companies, government organisations and NGOs.
Global realty investments into India, rose by 3 per cent annually in the last two years and they are likely to see a similar trend in 2017 as well, according to a report by … READ FULL STORY
The subscribers of the Employees Provident Fund Organisation (EPFO), will now be able to withdraw up to 90 per cent of their accumulations in their PF account, for purchase of homes. EPFO users can … READ FULL STORY
A draft of a scheme to regularise unapproved housing plots and layouts in Tamil Nadu, has already been prepared and was under circulation, Advocate General R Muthukumaraswamy informed the Madras High Court, on April … READ FULL STORY
Union Minister, M Venkaiah Naidu, on April 20, 2017 exuded confidence that states would meet the deadline of notifying the real estate rules, with only 10 days left for the implementation of the Realty … READ FULL STORY
Kolkata witnessed a jump in new home launches by 53.9 per cent, at 3,801 units, in the January-March 2017 quarter, against that in the previous quarter, according to real estate data, research and analytics … READ FULL STORY
A bench of the National Green Tribunal (NGT), headed by justice Jawad Rahim, on April 18, 2017, issued notices to the Delhi government, the Central Pollution Control Board, Delhi Pollution Control Committee, Delhi Jal … READ FULL STORY
Irked over non-submission of money, the Supreme Court on April 17, 2017, decided to sell Rs 34,000 crores worth properties of the Sahara Group at the Aamby Valley and sought Subrata Roy’s presence next … READ FULL STORY
The Mumbai Police has said that owners or landlords should submit furnished documents of their tenants (foreigners or Indians), before renting out the property to them. The police issued an order to this effect, … READ FULL STORY
The Prime Minister’s Office (PMO), recently held meetings to discuss deliberations around undertaking projects in the PPP mode, to boost the supply of low-cost houses. This development comes in the backdrop of the thrust … READ FULL STORY
Welcoming the RBI’s decision to allow banks to invest in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), realty sector experts said this move will give the much-needed boost to the industry … READ FULL STORY
The Reserve Bank left its benchmark lending rate unchanged at 6.25%, on April 6, 2017, for the third policy review in a row, citing upside risk to inflation. It however increased the reverse repo … READ FULL STORY
Ahead of the Reserve Bank of India’s (RBI’s) monetary policy this week, the country’s largest bank, State Bank of India (SBI), on April 3, 2017, reduced its benchmark lending rate by 0.15% to 9.10%, … READ FULL STORY
Citizens of Kolkata will now be able to calculate their property tax themselves, with the passage of the Unit Area Assessment System in the Kolkata Municipal Corporation, on March 30, 2017. There was scope … READ FULL STORY
