With the deadline of July 31, 2017, for mandatory registration of ongoing projects under the real estate rules, ending, 23 states and union territories (UTs) have either established their permanent or interim regulatory authorities … READ FULL STORY
Infrastructure developments and large projects, such as industrial corridors or IT hubs, tend to augur well for the real estate market in the area. The Delhi-Mumbai industrial corridor (DMIC) announced by the government of … READ FULL STORY
The initial euphoria generated after the notification of the Real Estate (Regulation & Development) Act (RERA), on May 1, 2016, is now waning, with increasing doubts over its effectiveness in protecting the consumers’ interests. … READ FULL STORY
As per the information received from the Ministry of Urban Development, the proportion of green area in the National Capital Region (NCR) has declined from 4.26% in 1999, to 3.30% in 2012, environment minister … READ FULL STORY
The Delhi-Jaipur express highway, would be built at a cost of Rs 18,000 crore, union road minister Nitin Gadkari said, on March 10, 2017. The advanced cement-concrete 225-km express highway, will be the second … READ FULL STORY
In the 2016-17 union budget, the government introduced several measures to boost affordable housing. Among the significant ones, it provided 100% tax exemption on profits, for developers building homes up to 30 sq meters … READ FULL STORY
The industrial hub of Rajasthan, Bhiwadi is situated at a distance of 65 kilometres from New Delhi. It forms a part of the NCR and thus, enjoys proximity to areas of Jaipur which is … READ FULL STORY
Union Housing and Urban Poverty Alleviation Minister, M Venkaiah Naidu, on January 17, 2017, asked all states to implement the Real Estate (Regulation and Development) Act, at the earliest. Describing it as one of … READ FULL STORY
“When I was explaining to a client that the Delhi-Mumbai Industrial Corridor (DMIC), would change the urban landscape of Bhiwadi, he reminded me that Rewari (a junction point in the DMIC), was 25 kms … READ FULL STORY
The Delhi Mumbai Industrial Corridor (DMIC) Trust has given its approval to start engineering, procurement and construction contracts worth Rs 6,414 crore for the Bidkin Industrial Area in Maharashtra, the DMIC said in a … READ FULL STORY
