NEWS FEED


Anuj Puri launches realty investment, fund platform

ANAROCK Property Consultants, under which the residential brokerage and fund platform is housed, will be targeting total portfolio value of $500 million for its fund business by 2020

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Centre pushing states hard to notify RERA for realty reforms

The clarification of the Centre to stop marketing of under construction projects which have not registered with Rera, underlines the `urgent' need for state governments to set up the required authority under the Act

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Developers in quandary as states not ready with RERA rules

Out of 35 states and Union territories, 24 are yet to set up regulatory authorities as mandated by the law, while 16 have not even notified the rules

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Govt looks to take ordinance route to align SEZ Act with GST

The government is also working on a scheme that will directly transfer some taxes paid by exporters to their accounts to ensure a smooth ride for exporters when this reform is rolled out

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Delhi-NCR to get second international airport in Gr Noida's Jewar

The area notified for Noida Airport is 3000 hectares. The 1st phase will be developed in 1000 hectares.

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US investor KKR to invest Rs 1,000 crore equity in Lodha

KKR will invest in a part of the Lodha business, in a special purpose vehicle which will eventually migrate to an entity going for the public offering late this year or early next calendar

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Maha builders can advertise ongoing projects till July 31 without RERA registration

According to the Maharashtra regulator, the rules framed by the state prohibit the ongoing projects from advertising and sales after the end of 90 days from the date of notification of the Act

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Andhra Pradesh tops in urban reforms; 16 states get Rs 500 crore incentive

The government has also planned to increase the reform incentive fund for the next three financial years from Rs 900 crore at present to Rs 10,000 crore

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Co-working space leasing in India to touch 10 million sq ft by 2020: CBRE

According to CBRE, demand more than tripled in 2016 to touch 0.7 mn. sq. ft. as compared to 2014

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Karnataka cabinet once again defers decision on RERA

Briefing reporters after the meeting, law minister TB Jayachandra said that the cabinet decided to take up the issue at the next cabinet meeting after talks remained inconclusive.

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30 new cities selected to be made 'smart'; Bengaluru, Patna, Jammu make the cut

Trivendrum in Kerala topped the chart, which included other prominent capital cities like Amaravati, Patna, Srinagar, Bengaluru, Shimla, Dehradun, Aizawl and Gangtok

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Motilal Oswal arm to invest Rs 63 crore in Incor Group's Chennai project

The residential project is spread across 33 acres

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Realty brokerage Regrob plans Rs 200-crore IPO

The company is also planning to file for draft red herring prospectus (DRHP) for the SME IPO by next month

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