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Housing ministry raps Goa CCP over delay in implementing urban reforms Real Estate News, ET RealEstate

PANAJI: The Union Ministry of Housing and Urban Afairs (MoHUA) has written to the state government, particularly to the Corporation of the City of Panaji (CCP) questioning the delay in undertaking five crucial urban reforms as part of the AMRUT Mission – Atal mission for rejuvenation and urban transformation, to help develop urban infrastructure. Joint […]

Housing ministry raps Goa CCP over delay in implementing urban reforms Real Estate News, ET RealEstate Read More »

Corporations yet to finish survey of all dangerous buildings in Delhi Real Estate News, ET RealEstate

NEW DELHI: The advancement of monsoon arrival date has put the dangerous building survey exercise under spotlight as Delhi witnesses several old and dilapidated structures collapsing during the rainy season every year. Only 57% of the 11.4 lakh buildings have been surveyed in South Delhi Municipal Corporation jurisdiction areas so far and just four structures

Corporations yet to finish survey of all dangerous buildings in Delhi Real Estate News, ET RealEstate Read More »

China’s top banking regulator warns of bad debt local real estate bubbles Real Estate News, ET RealEstate

SHANGHAI: China’s top banking and insurance regulator said banks should guard against a rise in non-performing assets, as the country rolls back some of the relief measures implemented during the pandemic to help firms withstand the fallout. In 2020, the central bank encouraged financial institutions to lower rates for virus-stricken firms and extend payment deadlines,

China’s top banking regulator warns of bad debt local real estate bubbles Real Estate News, ET RealEstate Read More »

Greater Noida development body to acquire over 550 hectares for industrial development, Real Estate News, ET RealEstate

GREATER NOIDA: The Greater Noida Authority will acquire over 550 hectares of farmland in the city for industrial development. In the first phase, 12 villages have been earmarked from where the land will be acquired from farmers at a mutually agreed rate of Rs 3,500 per sqm, officials said. Overall, 900 hectares were notified for

Greater Noida development body to acquire over 550 hectares for industrial development, Real Estate News, ET RealEstate Read More »

Cabinet approves India, Maldives cooperation on sustainable urban development Real Estate News, ET RealEstate

NEW DELHI: The Union Cabinet on Wednesday was apprised of the Memorandum of Understanding (MoU) signed in February this year between India and Maldives on cooperation in sustainable urban development. According to the official release, a Joint Working Group (JWG) will be constituted to strategise and implement programmes on cooperation under the framework of the

Cabinet approves India, Maldives cooperation on sustainable urban development Real Estate News, ET RealEstate Read More »

Banks list Jaypee Infratech, Lavasa in Rs 83000 crore NPAs for bad bank Real Estate News, ET RealEstate

MUMBAI: Public sector banks have shortlisted 28 loan accounts to be transferred to the National Asset Reconstruction Company (NARCL). Of these, lead banks have completed the process of obtaining approval from co-lenders in 22 accounts with Rs 82,500 crore of loans due. Within this amount, borrowers such as VOVL, Amtek Auto, Reliance Naval, Jaypee Infratech,

Banks list Jaypee Infratech, Lavasa in Rs 83000 crore NPAs for bad bank Real Estate News, ET RealEstate Read More »

Chennai zone accounted for 41% of Tamil Nadu’s property registration revenue in April Real Estate News, ET RealEstate

Representative image CHENNAI: After a steep fall last year, property registrations in Chennai zone comprising the city, Chengalpet, Kancheepuram and Tiruvallur districts have revived and this April accounted for 41% of the total registration revenue in the state. While land registrations in Tamil Nadu brought in as much as Rs 1,070 crore in revenue this

Chennai zone accounted for 41% of Tamil Nadu’s property registration revenue in April Real Estate News, ET RealEstate Read More »

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