If extra FAR (Floor Area Ratio) is a good incentive for developers to build green buildings, then Noida should have many such buildings, noted a panelist at a seminar on sustainable development, in Delhi. … READ FULL STORY
Retired diplomat Hardeep Singh Puri, who was inducted into the Union Council of Ministers, has a distinguished four-decade career in diplomacy spanning a multilateral arena behind him, and has been allocated the housing and … READ FULL STORY
With the number of residential project launches falling on the back of the implementation of the Real Estate Regulatory Authority (RERA) from May 1, 2017, brokers are planning to focus on the rental market … READ FULL STORY
The Delhi Development Authority’s (DDA’s) 2017 Housing Scheme, has received around 20,000 applications, after its initial deadline of August 11, 2017 was extended to September 11, 2017, following poor response. “After extending the date, … READ FULL STORY
To deal with the problem of stalled projects in Delhi-NCR, CREDAI-NCR president Pankaj Bajaj, on August 31, 2017, said that the association’s members could become co-developers in such projects, provided that they have legal … READ FULL STORY
The Maharashtra government should have gone in for the construction of an ‘elevated rail track’ over the existing suburban network of the Western and Central Railways, from south Mumbai towards at least Ghatkopar and … READ FULL STORY
Stressing that the Central Public Works Department (CPWD) should focus on its core area of construction, leaving the maintenance of residential properties to outsourcing, a report by global consultancy firm Ernst & Young, has … READ FULL STORY
With rising demand for office spaces in Delhi, co-working spaces have gained popularity. The trend started last year, with providers of such spaces enticing start-ups and self-employed people to lease such properties. Now, these … READ FULL STORY
With torrential rains inflicting misery in Mumbai, a senior official of The Energy and Resources Institute (TERI), on August 30, 2017, pointed out that the nature of the soil in the region ‘encourages good … READ FULL STORY
The Allahabad High Court, on August 30, 2017, directed the authorities in Noida not to ‘make any development or changes’ on the 4,500 acres of land allotted for a food park, to be set … READ FULL STORY
The Supreme Court, on August 30, 2017, asked thespian actor Dilip Kumar to deposit Rs 20 crores with its registry, as part payment to a Mumbai-based real estate firm, with whom the agreement to … READ FULL STORY
The central government, on August 30, 2017, asked the Supreme Court to transfer the various petitions against the Real Estate (Regulation and Development) Act (RERA), pending before different high courts, to the Delhi High … READ FULL STORY
The Allahabad High Court, on August 29, 2017, expressed strong dissatisfaction over the Uttar Pradesh government’s offer of ‘adequate compensation’ to a Noida resident, on whose land thousands of trees are likely to be … READ FULL STORY
