Diversified firm Piramal Enterprises (PEL), on February 23, 2017, said that it has entered into a partnership with Ivanhoé Cambridge, to provide long-term equity capital to residential projects across five metros in the country. … READ FULL STORY
For nearly a decade Sanjeev Chaudhary, regretted his decision of buying a house at Crossings Republik on National Highway (NH) 24. Connectivity with NH 24, was the only reason he invested in a large … READ FULL STORY
The Supreme Court has upheld the order of the National Consumer Disputes Redressal Commission (NCDRC) that flat buyers can jointly approach it, in case of a dispute with a builder. A bench headed by … READ FULL STORY
A total of 235 cases and instances have been registered under the Benami Transactions Act, by the Income Tax (I-T) department till mid-February, according to a report. “Show-cause notices for attachment have been issued … READ FULL STORY
A Delhi High Court bench of justices Badar Durrez Ahmed and Ashutosh Kumar, on February 22, 2017, gave the centre four weeks to take a decision on the AAP government’s proposal to regularise unauthorised … READ FULL STORY
The Earth Sciences Ministry’s ex-secretary Shailesh Nayak, has said that at a time when earthquakes happen frequently and temperatures are reaching extremes, the government’s ambitious Smart City mission should talk more comprehensively about the … READ FULL STORY
Lt Governor Anil Baijal on February 22, 2017, tasked the Delhi Development Authority (DDA), with preparing a year-wise data of encroachment on its land in the national capital and devising an action plan to … READ FULL STORY
On November 8, 2016, the Government of India de-notified currency notes of Rs 500 and Rs 1,000 as legal tender. The temporary shortage of cash adversely impacted several sectors that depended on cash, notably … READ FULL STORY
Micro-markets that have mixed land use development, availability of high-end, as well as affordable housing projects, superb connectivity and all the necessary amenities in projects, are increasingly being sought-after in the country. Post the … READ FULL STORY
According to India Ratings & Research, infrastructure deals, especially in road sector, in the form of Infrastructure Investment Trusts (InvITs), is likely to gain traction in 2017. “We estimate Rs 0.4 trillion (Rs 400 … READ FULL STORY
India is home to six of the world’s 30 most dynamic cities. In JLL’s City Momentum Index (CMI) 2017, the country’s primary IT and technology hub, Bengaluru, sits at the top. It is followed … READ FULL STORY
As cities mature, their skylines start growing vertically and horizontal expansion reduces. The preference of homebuyers to live in high-rises and luxury towers also increases as urban sprawls expand. This transition in Pune, started … READ FULL STORY
Slapping a penalty on Unitech Resorts for delaying handing over of flats, the Supreme Court on February 20, 2017, directed it to deposit 14% interest on Rs 16.55 crores, invested by 39 home buyers … READ FULL STORY
