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Sunday, August 09, 2020

real estate

REAL ESTATE NEWS

Company commander in Kargil war, Retd Lt Col contests and wins case against real estate firm after 19 years

June 26, 2020 10:29 am

In his complaint at the forum, Lt Col Singh said that he had booked a residential plot of 150 square yards at Shalimar Estates to be developed on Panchkula – Saha – Delhi road via Gurdwara Nada Sahib.

Builders get conditional nod to operate ongoing projects in Mumbai, Pune

April 18, 2020 8:13 am

While the Centre has mainly advocated resumption of manufacturing and industrial activity in areas outside the 170 hotspots, Maharashtra appears to have made an exception for underconstruction projects in Mumbai and Pune.

Real estate industry sentiment plunges to record low during Jan-Mar: Survey

April 16, 2020 1:32 pm

According to property consultant Knight Frank and industry bodies Ficci and Naredco, the real estate sector, which showed signs of revival during the October-December quarter of 2019, has suffered a huge setback because of the Covid-19 crisis with both current and future sentiment index falling to an all-time low in pessimistic zone.

Chennai is world's fifth most dynamic city, says report

February 03, 2020 2:23 pm

Chennai managed an overall score of 38 in the city momentum index which was calculated on the basis of 18 parameters which were tabled under the heads, socio-economic momentum and commercial real estate momentum.

With new projects' vigour, Hyderabad's real estate blooms out of slowdown blues

January 31, 2020 8:42 pm

In the words of KT Rama Rao, Minister for IT, municipal administration and urban development, "Hyderabad's growth story and momentum have just begun." Even as the sector elsewhere stares at a slowdown, new projects are being started around Hyderabad.

Sale of residential units in Pune fell by 2% in 2019: Report

January 08, 2020 10:53 am

According to the report, last year, Pune had seen the launch of 44,660 units — a 37 percent increase compared to 2018. But sales continued to drop, with the city reporting a 2 percent year-on-year decline in sales, as only 32,809 units were sold.

Relief for UP builders, home buyers; no penal interest if litigation stalls projects

December 03, 2019 6:55 pm

The builders will be exempted from shelling out the penal interest and other dues if the housing project is stalled due to litigation, National Green Tribunal directions or a delayed deed execution.

Down home stretch

November 08, 2019 12:19 am

Fund for stalled housing projects is a good idea. But kickstarting a virtuous cycle will need an enabling economic climate.

Rs 25,000-crore fund to help complete stalled housing projects: Govt

November 07, 2019 7:19 am

Only for net worth positive projects, those classified as NPAs, before NCLT.