Anubhuti Roy, a fashion designer from Gurgaon, feels that the Goods and Services Tax (GST), has failed to fulfill its purpose in the housing market add has made houses costlier. “GST was supposed to … READ FULL STORY
Union minister for housing and urban affairs (independent charge) Hardeep Singh Puri and Delhi chief minister Arvind Kejriwal, will officially inaugurate the Janakpuri West-Kalkaji Mandir section of the Delhi Metro’s Magenta Line on May … READ FULL STORY
The cabinet, on May 16, 2018, approved the extension of the Dwarka-Noida City Centre line of Delhi Metro, up to Sector-62, which borders Ghaziabad in UP, with an investment of Rs 1,967 crores, union … READ FULL STORY
The commissioner for metro rail safety has given the mandatory approval, to start passenger services on the 25.6-km-long section between Janakpuri West and Kalkaji Mandir, which will soon be thrown open for public, an … READ FULL STORY
The Supreme Court, on May 10, 2018, found that the embattled real estate firm Amrapali Group, in its affidavit filed before it, had said that Rs 2,766 crores were diverted to two other companies. … READ FULL STORY
The real estate market in Noida and Greater Noida, has received a lot of negative publicity over the past few years, with several prominent developers being unable to complete their projects in this region … READ FULL STORY
A Supreme Court bench of chief justice Dipak Misra and justices AM Khanwilkar and DY Chandrachud, on May 7, 2018, issued a notice to real estate firm Unitech Ltd, on a joint contempt petition … READ FULL STORY
Athira Sreedevi KV, a government employee, took a one-bhk apartment on rent in Bandra as it was close to her office, even though it meant spending much more on rent than what she was … READ FULL STORY
PropTiger.com, on April 17, 2018, released the findings of its ‘Realty Decoded Report’ for Q1 (January-March) 2018. As per the report, sales across the top nine cities (Mumbai, Pune, Noida, Gurugram, Bengaluru, Chennai, Hyderabad, … READ FULL STORY
In a bid to ascertain whether there was any ‘siphoning’ of funds, the Supreme Court, on April 11, 2018, asked real estate major Amrapali Group, to provide details of the money it had collected … READ FULL STORY
City development authorities in most Indian states, either provide land development rights to developers to build projects or sell residential land as freehold through auction. The trend to allot land on leasehold, is mostly … READ FULL STORY
The real estate sector in India has witnessed significant transformation over the past few years. Policy reforms, like the Real Estate (Regulation and Development) Act (RERA), announcements for affordable housing projects in the annual … READ FULL STORY
Conceptualised as an industrial town, Sector 150 falls in the peripheral area of New Okhla Industrial Development Authority (Noida). During the mid-2000s, Sector 150 evolved as an IT hub and subsequently, attracted real estate … READ FULL STORY
