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News Desk

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Cement demand to grow by 7% in 2018, excess capacity a...

The demand will grow in 2018, helped by the Centre's push on big infrastructure projects and continued focus on rural development and affordable housing...

Over 500 property files missing from records of Agra development body...

Earlier, ADA had conducted satellite mapping of all the properties under its jurisdiction, and begun the process of computerising property records. For this, data...

Smart City works to begin within 3 months Chief minister...

In Kochi, the authorities have designed Rs 2,076 crore worth projects under Smart City and converging other centrally-sponsored projects like Atal Mission for Rejuvenation...

MahaRERA affirms right to decide pre-act cases Dismissing a realty...

The developer had argued that since the cancellation was executed prior to the real estate regulator’s coming into force on May 1, 2017, there...

Top eight cities’ office leasing deals rise 60% in five years:...

While only about 820 lease transactions in grade A buildings were recorded in 2013, the number reached close to 1,300 in 2017, showed JLL...

Sand imported from Malaysia helps tide over dire shortage in Mysuru...

A sand trader said, "Malaysian sand is sold for around Rs 3,900 to Rs 4,000 per ton in the city. Imported sand is new...

MahaRERA to provide skilled work force certification MahaRERA will be...

The authority will certify trainers to train workers for the real estate industry. MahaRERA chief Gautam Chatterjee said the training will help the labour...

Rs 2,500 crore premium from extra FSI to fund Bandra-Versova sea...

The sea link project, which is part of the ambitious 39km coastal road being implemented by the BMC, is being executed by the Maharashtra...

New IBC ordinance whittles down RERA powers: MahaRERA Chief Maharashtra's...

City-based consumer body Mumbai Grahak Panchayat (MGP) also echoes similar views, saying it would have been better if the government empowered Rera itself since...

Over 800 oustees of Gurugram’s Global City project get alternative plot...

Around 870 land owners, whose plots had been acquired for the long-stuck Global City project, were issued letters qualifying them for allotment of alternative...

Property investment in China rose 10.2% year-on-year in Jan-May However,...

Real estate investment in China rose 10.2 percent in the first five months of 2018 from a year earlier, official data showed on Thursday. That...

‘Deviations in WBHIRA from RERA may dilute impact: ICRA ICRA...

The West Bengal Housing Industry Regulation Act (WBHIRA), which was notified recently, deviates from certain key provisions of the Real Estate (Regulation and Development)...

Kochi Metro to lease out 70% of commercial space Other...

Kochi Metro authorities are expecting that at least 70% of the total commercial space in Metro stations would be leased out within two months,...

Parent documents mandatory for land registrations in Tamil Nadu This...

Three days after mandating parent documents for registering properties, the registration department has eased the process. Now, the sub registrar offices will accept statement...

Essel Infraprojects Ltd. bags three Waste to Energy projects in Andhra...

Essel Infraprojects Limited (EIL) an enterprise of Shri Subhash Chandra led Essel Group, has bagged three Waste to Energy (WtE) projects in the cities...

Sundowner at Rustomjee Paramount

The My Space Pavilion at Rustomjee Paramount came alive creating just the right ambience for the Vertigo Sessions Sundowner Edition presented by Rustomjee &...

Maharashtra government rapped over move to acquire private plot in Powai...

In a landmark order protecting the rights of private land owners, the Bombay high court on Wednesday struck down the Maharashtra government’s decision to...

UP cabinet nod to joint venture company for Jewar airport ...

The UP cabinet has approved formation of a joint venture company to build proposed airport at Jewar and given its final nod to the...

Tatas may monetise infra, realty assets in recast of units ...

The Tata Group is looking at monetising income-producing assets worth Rs 800-1,000 crore of two companies as it restructures its infrastructure and real estate...

Tamil Nadu grants more power to SPV to speed up smart...

Coimbatore Smart City Limited will soon be able to sanction projects up to Rs 15 crore, thanks to a decision by the state government...