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PUNE: The under-construction houses under Prime Minister Awas Yojana (PMAY) in Wadgaon Khurd areas will be handed over to the beneficiaries by March 2023. The review of project works was carried out by a delegation of the Pune Municipal Corporation (PMC) officials on Thursday. “Nearly 80% of the project work is complete. The remaining works […]
CHANDIGARH: The Lal Dora in the UT’s 24 villages have been digitally demarcated and mapped on the Light Imaging Detection and Ranging (LiDAR) maps, making it easier for the administration to check large-scale encroachments and illegal constructions and help formulate comprehensive village development plans. “The mapping of the Lal Dora on the 3D map involved
Lal Dora gets 3D avatar, to help check encroachments Read More »
LUDHIANA: An engineers’ body has filed a complaint against the Greater Ludhiana Area Development Authority (Glada) with the chief minister’s office (CMO) over illegal colonies mushrooming under its jurisdiction. Members of the Council of Engineers (COE) alleged that despite officials claiming otherwise, there has been a little check on illegal colonies. In the complaint, the
Engineers’ Body Approaches Cmo Against Illegal Colonies Under Glada Read More »
CHENNAI: Airports Authority of India (AAI) is planning to acquire about 300 acres in chunks to increase the passenger handling capacity of Chennai airport after commissioning the new integrated terminal in December/January. The decision was made after AAI Chairman Sanjeev Kumar and the board evaluated the new terminal’s construction and talked about the need for
AAI eyes 300 acres to increase handling capacity of Chennai airport Read More »
India is expected to get its first Real Estate Investment Trust (REIT) of retail assets soon as institutional investors and developers looking to monetize their rent-yielding space in shopping malls, according to JLL India. REIT, a popular instrument globally, was introduced in India a few years ago to attract investment in the real estate sector
Indian retail sector expected to get first Real Estate Investment Trust: Report Read More »
DEHRADUN: In what is possibly the first of its kind judgment, the Uttarakhand HC has allowed all residents of colonies, which have resident welfare associations (RWAs), to participate in the management committee elections of their respective RWAs. The HC observed that the residents pay for the services and therefore they also have the right to
Uttarakhand HC says tenants can vote in RWA elections Read More »
Average monthly rentals in posh residential colonies across seven major cities rose 8-18 percent in the last two years while capital value appreciated by 2-9 percent, according to Anarock. Real estate consultant Anarock noted that demand for luxury residential properties — for buying and renting — in upscale colonies has increased across the seven cities
Average monthly rent of luxury homes up 8-18% in last 2 years in top 7 cities Read More »
The Delhi Development Authority (DDA) is expected to notify the new Master Plan by April 2023 as per the authority’s submission in the Supreme Court in a recent hearing. The step will stop illegal construction in the capital and also help in legalising farmhouses, The DDA told the apex court that the tentative date for
Delhi development authority to notify master plan by April 2023 Read More »
Canadian home prices fell for a sixth straight month, deepening a sharp downturn that’s been spurred by the central bank’s rapid interest rate increases. Benchmark home prices fell 1.6% in August compared with July, to C$777,200 ($589,800), according to data released Thursday by the Canadian Real Estate Association. That brings the cumulative drop from February’s
Home prices in Canada drop again, extending market’s slide Read More »
File Photo BENGALURU: BBMP has identified encroachments of SWDs by 15 well-known entities. Most are in Mahadevapura area. The encroachments were identified by Bruhat Bengaluru Mahanagara Palike (BBMP) about a fortnight before last week’s rain havoc in the tech corridor of Mahadevapura-Whitefield. These structures are built on more than 104 survey numbers. CM Basavaraj Bommai
Bengaluru civic body has identified encroachments of SWDs by 15 well-known entities Read More »
File Photo BENGALURU: The state cabinet on Wednesday decided to file caveats in designated courts before taking up demolition drives to clear illegal properties on stormwater drains in Bengaluru. It will seek the help of elected representatives to reach out to tech companies, developers and builders, asking them to suo motu demolish their illegal structures
State cabinet will ask tech companies to take up suo motu demolition Read More »
The Real Estate Regulatory Authority (RERA) has directed the promoters of realty firm ILD to complete a stalled housing project at Sector 37C here while issuing a warning of punitive action. Hearing a plea of homebuyers, RERA Chairman K K Khandelwal directed the realty company to submit a resolution plan in the next hearing on
RERA asks ILD promoter to complete Gurugram project or face punitive action Read More »