Pulling up the three municipal corporations of Delhi, a Delhi High Court bench of acting chief justice Gita Mittal and justice C Hari Shankar, on August 4, 2017, said that the court was flooded … READ FULL STORY
A Supreme Court bench of chief justice JS Khehar and justice DY Chandrachud, on August 4, 2017, warned states to file their responses, on a plea seeking the return of unused land acquired for … READ FULL STORY
Priyanka Amar Shah, founder of iKheti, believes that urban farming has the potential to make cities greener. iKheti, a social enterprise started in 2012, works on the principle that a small vegetable garden, can … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA) has had a difficult birth and seems to be having a troubled childhood. The expectations from the ‘miracle child’ seem to be mired in a ‘what’s … READ FULL STORY
The Telangana government has notified its rules to the Real Estate (Regulation and Development) Act, 2016. According to a notification issued on July 31, 2017, the state government said these rules may be called … READ FULL STORY
When Hitesh Maniyar, a resident of Andheri, Mumbai, was on the lookout for a weekend home, his biggest concern was its location, as he planned to shift to Navi Mumbai in a few years. … READ FULL STORY
The Reserve Bank of India’s (RBI’s) governor, Urjit Patel, on August 2, 2017, pointed out that slow clearances are affecting affordable housing projects at the state level. “I think we need a time-bound single-window … READ FULL STORY
The Reserve Bank of India (RBI), in its third bi-monthly monetary policy review for 2017-18 on August 2, 2017, slashed its benchmark lending rate by 0.25 per cent to six per cent. This rate … READ FULL STORY
The long-pending draft Development Plan (DP) for 2014-34, which will be the blueprint for land use in the metropolis over the next 17 years, has been finally passed by the local civic body. The … READ FULL STORY
As many as 2,297 residential buildings under the CPWD in Delhi, have been identified as ‘unsafe’, the Lok Sabha was informed on August 2, 2017. The number of unsafe or dangerous buildings under the … READ FULL STORY
The Reserve Bank of India, on August 2, 2017, slashed its benchmark lending rate by 0.25 per cent to six per cent, citing a reduction in the upside risk to inflation. This reduction in … READ FULL STORY
Sentiments in the real estate sector, which had been positive in the last quarter, have moved into the negative zone for the first time since Q4 2015, largely as a result of ambiguity over … READ FULL STORY
The Maharashtra government is planning to amend some laws, for the speedy sale of properties attached in the cases of investment frauds, so that the duped depositors/ investors can be given their money back … READ FULL STORY
