The Supreme Court, on October 21, 2016, directed Parsvnath Developers to hand over possession of a flat in its Gurgaon project, to minister of state for information and broadcasting, Rajyavardhan Singh Rathore, in two … READ FULL STORY
The Supreme Court, on October 19, 2016, directed Unitech Resorts Ltd to refund Rs 15 crores to 39 home buyers in its Gurgaon project, saying a property developer must respect the contractual commitment and … READ FULL STORY
Ahead of the Brihanmumbai Municipal Corporation (BMC) polls early in 2017, regional planning body Mumbai Metropolitan Region Development Authority (MMRDA), on October 19, 2016, cleared two metro projects – the Thane-Bhiwandi-Kalyan Metro (Line 5) … READ FULL STORY
A majority of Indians across the country are extremely apprehensive with the property market and feel that in spite of the slowdown, the industry’s practices have not changed. On a scale of 0-1,000, the … READ FULL STORY
Compared to Q2 2015, when Mumbai’s rental values had bottomed out, the city will now start to see acceleration in its rental value growth from Q2 2016, says a report titled Global Real Estate … READ FULL STORY
India will require investments of USD 1 trillion over the next five to seven years, to meet the demand from the infrastructure and housing sectors, with banks, private equity and NBFCs likely to be … READ FULL STORY
Hundreds of farmers from at least seven villages in Purandar tehsil in Pune district, where a greenfield international airport is proposed to be set up, staged a protest, claiming that the project will hit … READ FULL STORY
According to a release from Hyderabad Metro Rail Ltd (HMRL), tenders have been floated for road restoration work, in various stretches that were badly damaged due to the recent heavy rains in the city. … READ FULL STORY
Pramod Varshney shifted to a rented 2-BHK flat in Noida’s Sector 137, a couple of years back, at a rental of Rs 13,500 per month. The lease agreement specified a 10% hike in rentals, … READ FULL STORY
The Airports Authority of India (AAI) has received the centre’s approval for preparing the environmental impact study and has been asked to conduct a public hearing, for its proposed Rs 2,587-crore second phase of … READ FULL STORY
Global private equity firm Brookfield Asset Management, has signed an agreement with the Hiranandani Group to acquire its offices and retail space in Powai in Mumbai, for a whopping Rs 6,700 crores. Confirming the … READ FULL STORY
A special purpose vehicle (SPV) will be set up soon by the government, to facilitate Thane’s transition into a smart city, stated Thane’s municipal commissioner, Sanjeev Jaiswal. Thane was in the list of cities … READ FULL STORY
The Maharashtra government, on October 6, 2016, gave a go-ahead for carrying out a detailed project report (DPR) for the greenfield international airport, which will come in Purandar tehsil of Pune district. The proposed … READ FULL STORY
