Whether the price is Rs 2.5 crores for an apartment at Marina ONE in Kochi or Rs 50 crores for an apartment at Omkar 1973 in Mumbai, affluent Indians would not mind shelling out … READ FULL STORY
In real estate lexicon, market drivers are developments in an area that increase the value of living there. It is a well-established fact that infrastructure is by far, the most important driver for real … READ FULL STORY
Acting on concerns over the health of the people of Delhi, the National Green Tribunal, on February 13, 2018, directed the Central Pollution Control Board (CPCB) to analyse samples of Yamuna water at four … READ FULL STORY
The National Green Tribunal (NGT) has sought a detailed reply from the Haryana government by February 13, 2018, on a petition of the Delhi Jal Board, which claimed that the water being released by … READ FULL STORY
A National Green Tribunal (NGT) bench, headed by acting chairperson justice UD Salvi, on February 6, 2018, said that the order of prohibition issued earlier, against the operation of hot mix plants in Noida, … READ FULL STORY
Presenting his fifth straight budget in the Lok Sabha, union finance minister Arun Jaitley, on February 1, 2018, said that a special scheme will be executed with the Delhi government and adjoining states, to … READ FULL STORY
Notwithstanding the macroeconomic disruptions, the commercial real estate (CRE) market remained robust in 2017. The year 2017 witnessed a pan-India leasing volume of approximately 42.8 million sq ft (3.9 million sq metres), excluding renewals … READ FULL STORY
Union Road Transport and Highways Minister, Nitin Gadkari has said that the government has undertaken projects worth Rs 31,930 crores, to decongest Delhi and the NCR and minimise vehicular pollution, which has become a … READ FULL STORY
Union environment minister Harsh Vardhan, on December 28, 2017, said that the centre was taking steps to reduce vehicle emissions and promote green mobility and attacked the Delhi government, for not taking steps to … READ FULL STORY
The National Green Tribunal (NGT), on November 10, 2017, directed the Delhi government and all public authorities, to strictly implement its order banning construction activity, in the wake of the alarming pollution levels in … READ FULL STORY
The National Green Tribunal (NGT) has rapped the Delhi government and civic bodies over the alarming pollution levels in the National Capital Region (NCR). “No construction activity will be carried out on structures until … READ FULL STORY
India’s future real estate sentiment index for Q3 2017 (June-September 2017), has fallen to 55, reaching its lowest point in the past 39 months. With a slowdown in the economy and the impact of … READ FULL STORY
A number of major roads in Delhi-NCR, which are in a state of disrepair and contribute to dust pollution, have come under the scanner of the Supreme Court-mandated EPCA. The EPCA or the Environment … READ FULL STORY
