NEWS FEED


NGT refuses to set aside environmental clearance granted to Amaravati

The green panel formed two committees --a supervisory committee and an implementation committee -- to monitor work on the project site of Amaravati.

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NGT lifts ban on construction in Delhi-NCR

It gave a green signal to the construction of the Eastern Peripheral Expressway but said no dust pollution should be caused.

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IFC, HDFC to create $800 million affordable housing fund

To create this fund, IFC will pump in $200 million by subscribing to masala bonds, rupee-denominated instruments, issued by HDFC and to be listed on the London Stock Exchange.

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NGT asks 10 Faridabad builders to submit bank guarantees

NGT asked the builders to upgrade their STPs and then approach the Haryana Pollution Control Board for inspection

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Jaiprakash Associates seeks employees' help to raise Rs 2,000 crore

Jaiprakash Associates has asked its employees to give approval for deduction of money from their October salary, which will be returned in nine equal installments starting January 2018

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Home size hike under PMAY to help clear inventory, revive housing demand

The government increased the carpet area in the MIG-I category of CLSS from the existing 90 square metre to up to 120 square metre and increasing the carpet area in respect of MIG II category of CLSS from the existing 110 square metre to up to 150 square metre

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Andhra Bank withdraws insolvency petition against HDIL

The Mumbai-based developer did not disclose the amount it has paid and the dues still owed to the bank

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Now avail interest subsidy under CLSS for bigger homes

The government approved increasing the carpet area in the MIG I category of CLSS from the existing 90 square metre to up to 120 square metre and increasing the carpet area in respect of MIG II category of CLSS from the existing 110 square metre to up to 150 square metre

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Now, government to start mapping your address digitally

The department of posts – which is under the ministry of communications — has ordered a pilot project that will accord a six-character alphanumeric digital address for every property for three postal pin code locations.

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Karnataka RERA chief tells builders to register project or face music

Addressing a gathering of real estate builders, developers, promoters and other stakeholders at a workshop on the Real Estate (Regulation and Development) Act here on Wednesday, Mohan said that there are around 1,700 projects registered with RERA.

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RERA unable to track developers’ deposits

With the bank account being exclusively maintained by the developer, the real estate authority can intervene only in the event of complaints by buyers over misuse of the account

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Home prices dipped after demonetisation? Data says otherwise

National Housing Bank’s Residex, an index on price movements in real estate, shows an increase in prices after demonetisation

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Housing shortage in urban areas down at 10 million units: Govt

A technical study conducted by the government in 2011 estimated housing shortage at 18.76 million units in urban areas, of which 96% pertained EWS and LIG

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