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Karnataka leader K J George’s son Rana George buys flat for Rs 35 crore in Bengaluru, Real Estate News, ET RealEstate

Rana George, son of politician K J George, has bought a residential property for around Rs 35 crore in one of the most significant property transactions in Bengaluru in 2022. The property at Kingfisher Tower on Vittal Mallya Road is spread over 8321 sq ft and was bought from Rezwan Razack, one of the promoters […]

Karnataka leader K J George’s son Rana George buys flat for Rs 35 crore in Bengaluru, Real Estate News, ET RealEstate Read More »

Illegal construction of Rs 9 crore at Lansdowne forest division, Real Estate News, ET RealEstate

DEHRADUN: A site inspection by a team of the regional office of the Union ministry of environment and forests (MoEF) at the Lansdowne forest division, adjoining Corbett Tiger Reserve (CTR) has revealed the extent of illegal construction happening in and around the premier tiger reserve. The area lies next to the Pakhro range of CTR,

Illegal construction of Rs 9 crore at Lansdowne forest division, Real Estate News, ET RealEstate Read More »

Scheme to map villages with drones fails to take off in Gujarat, Real Estate News, ET RealEstate

AHMEDABAD: A centrally assisted scheme to provide property cards to villagers by mapping their land using drone technology, has failed to take off in the state. Information provided by the central government says that no drone flying has been undertaken in any of the villages of Gujarat so far and hence, no property cards have

Scheme to map villages with drones fails to take off in Gujarat, Real Estate News, ET RealEstate Read More »

Land hurdle hits New Garia-Airport metro work, Real Estate News, ET RealEstate

KOLKATA: The slow-paced land acquisition process is jeopardising the New Garia-Airport Metro project. The worst affected is work at New Garia station. Out of the total 20,180 square-metre land required for the station hub, 13,941sqm plot is yet to be acquired, causing massive time and cost overrun. In fact, a truncated Metro operation is scheduled

Land hurdle hits New Garia-Airport metro work, Real Estate News, ET RealEstate Read More »

86 government buildings illegally built on GO 111 areas, Real Estate News, ET RealEstate

HYDERABAD: It is not just private players that have bulldozed their way into the GO 111’s green zone, over the years. A quick scan of the 2016 official survey, conducted across the 84 villages, shows that there are at least 86 government institutions that have illegally made their way into this belt, protected by law

86 government buildings illegally built on GO 111 areas, Real Estate News, ET RealEstate Read More »

Idukki collector says resort being constructed in landslide-prone area, Real Estate News, ET RealEstate

IDUKKI: Objecting to a plea from a resort group to use a multi-storey construction for commercial purposes Idukki collector Sheeba George submitted a report before the high court recently saying that it is in a landslide prone area. The revenue department had earlier issued a memo to stop the construction of the Madapparampil resort at

Idukki collector says resort being constructed in landslide-prone area, Real Estate News, ET RealEstate Read More »

China Evergrande bonds, shares deepen rout as fresh downgrades issued, Real Estate News, ET RealEstate

File Photo SHANGHAI: Bonds and shares of China Evergrande Group deepened their rout on Tuesday, with one exchange-traded note tumbling more than 20%, as the company faced fresh downgrades over its ability to restructure its massive debts. Debts at Evergrande, the country’s No. 2 developer, have triggered warnings from regulators worried that its 1.97 trillion

China Evergrande bonds, shares deepen rout as fresh downgrades issued, Real Estate News, ET RealEstate Read More »

NMC & NIT dispute prolongs dream of 317 families to construct houses, Real Estate News, ET RealEstate

NAGPUR: A dispute between the city’s two planning authorities — Nagpur Municipal Corporation (NMC) and Nagpur Improvement Trust (NIT) — has prolonged the dreams of 317 families to construct houses on their hard-earned plots. There is no clarity whether the NMC or the NIT is the planning authority for land situated under green belt schemes.On

NMC & NIT dispute prolongs dream of 317 families to construct houses, Real Estate News, ET RealEstate Read More »

Gunthewari regularisation process rolled out in Aurangabad, Real Estate News, ET RealEstate

AURANGABAD: The Aurangabad Municipal Corporation (AMC) has released the list of 52 agencies that have been appointed for preparing proposals for regularization of Gunthewari properties within the municipal limits of the city.“The civic administration has started the implementation of amended Maharashtra Gunthewari Developments (Regulation, up-gradation and Control) Act. The appointed agencies have been asked to

Gunthewari regularisation process rolled out in Aurangabad, Real Estate News, ET RealEstate Read More »

Anjanapura residents fume over Bengaluru development body’s failure to fix potholed road, Real Estate News, ET RealEstate

File photo BENGALURU: Potholes, slushy stretches and pavements turned into garbage dumps… Double Road in Anjanapura, southeast Bengaluru, is an apology for a street. Residents are upset Bangalore Development Authority (BDA) that carved out their layout has failed to maintain the road, which is a lifeline for them. The 6.8km stretch links Bannerghatta Road and

Anjanapura residents fume over Bengaluru development body’s failure to fix potholed road, Real Estate News, ET RealEstate Read More »

Noida authority demolishes illegal structure in Assotech’s housing society, Real Estate News, ET RealEstate

Noida authority has demolished part of a housing society in sector 78, which was constructed illegally. The authority was under scrutiny after the Supreme Court ordered demolition of two illegal towers of Supertech’s Emerald Court. The SC had questioned the role of the authority. “Assotech pvt ltd was given permission to built five residential towers

Noida authority demolishes illegal structure in Assotech’s housing society, Real Estate News, ET RealEstate Read More »

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