Recently, the NGT (National Green Tribunal) has imposed stay on the permissions of all new building construction which comes in the vicinity of the Sanjay Gandhi National Park and it is expected that this move can leave negative impact on the several proposed real estate projects which are in the western and eastern suburbs of […]
real estate project Archive
December 13, 2015 10:00 am
The National Green Tribunal stay on new construction activity near Sanjay Gandhi Park
December 11, 2015 10:00 am
Cabinet seems to approve the changes in Real Estate Bill before its introduction in Parliament
This week, the Central Government is seems to intend the passage of Real Estate Bill in parliament, and the Cabinet is likely to approve the previous few changes that have been made after the recommendations of the select committee. According to sources, the housing ministry has incorporated approx. all the amendments which were recommended by […]
November 18, 2015 6:00 pm
Mumbai: 1100 acres earmarked for affordable housing
The Maharashtra Housing and Development Authority (MHADA) has allocated land parcels spread over 1,100 acres across the Mumbai Metropolitan Region for developing affordable housing projects. Mumbai Metropolitan Region comprises cities of Mumbai, Thane and Navi Mumbai. The identified land parcels are in Thane, Raigad and the newly formed district of Palghar including Vasai and Virar. […]
October 26, 2015 10:30 am
Navi Mumbai Builders’ Association protests against CIDCO, NMMC
Charging CIDCO & NMMC for corruption and systemic delays in clearance of various real estate development plans, the Builders Association of Navi Mumbai (BANM) protested outside their offices recently. The agitation was sparked by the suicide of Suraj Parmar, a prominent builder on October 7 whose suicide note revealed the harassment he suffered while dealing […]
October 3, 2015 10:00 am
India’s property market is getting pace after mega commercial deals
Currently, Indian property market is witnessing boost after the two mega commercial deals; In first deal; Carnival Group buys real estate project from L&T Group in Chandigarh and the deal price was Rs 1,785 cr and in second deal; Abbott Group buys office space from Godrej Properties in Mumbai and deal price was Rs 1,479 […]