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.
The Goods and Services Tax (GST) regime has came a step closer to meet its July 1, 2017 target of rollout, with the Lok Sabha approving four supplementary legislations. The Central GST Bill, 2017; The … READ FULL STORY
Housing finance regulator, National Housing Bank (NHB), is working on a complete revamp of its residential housing index or `Residex’. “We are working on a complete revamp of Residex and we are likely to … READ FULL STORY
A Supreme Court bench headed by justice Dipak Misra, on March 27, 2017, asked the directors of real estate major Unitech Ltd, including its managing director, to appear before the court on May 5, … READ FULL STORY
According to a report on real estate investment trusts (REITs) released by Knight Frank, the domestic environment is ripe for listing of REITs, an investment vehicle that invests in rent-yielding completed real estate projects. … READ FULL STORY
Pointing out that his government has already appointed a master planner to design the International Financial Services Centre (IFSC) in Mumbai, Maharashtra chief minister Devendra Fadnavis, on March 21, 2017, said that the project … READ FULL STORY
Upholding the ‘right of senior citizens or parents to live peacefully and with dignity’, the Delhi High Court has ruled that “As long as the parents have the legal possession of the property, they … READ FULL STORY
Real estate developer RMZ Corp, has announced a strategic partnership with Hyderabad-based business house, My Home Group, to develop premium commercial office spaces in the city with an investment of over USD 1 billion. … READ FULL STORY
Residents of Gulmohar Green Society on March 16, 2017, staged a protest against the demolition drive by the Ghaziabad Development Authority (GDA) and raised slogans against the colony’s builder for allegedly flouting norms. The … READ FULL STORY
The Bombay High Court on March 10, 2017, asked the Mumbai Metro Rail Corporation (MMRCL), to place before it documents pertaining to clearance from the Union Environment Ministry (MoEF) for construction of three stations … READ FULL STORY
Deputy chief minister Manish Sisodia, while presenting the budget for Delhi on March 8, 2017, said that the government has resolved to provide piped water supply in all the authorised and unauthorised colonies and … READ FULL STORY
The report on the revised Development Plan (DP) for 2034, for Mumbai, has done away with the controversial zoning of ‘No Development Zones’ (NDZ) and has, instead, categorised this land as Special Development Zone-I … READ FULL STORY
A widow has a right to enjoy the property purchased by her husband in her name, in the manner she wants and her daughter and son-in-law cannot lay claim over it, a Delhi court … READ FULL STORY
The annual increase in the number of ultra-high net worth individuals (UHNWIs) in India is all set to double during the next decade, according to global property consultancy, Knight Frank’s 11th edition of The … READ FULL STORY
