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Over 3.6 million Americans at risk of evictions as President Congress fail to extend ban, Real Estate News, ET RealEstate

File photo WASHINGTON: A nationwide eviction moratorium is set to expire Saturday night after President Joe Biden and Democrats in Congress worked furiously but ultimately failed to align on a long-shot strategy to prevent millions of Americans from being forced from their homes during a COVID-19 surge. More than 3.6 million Americans are at risk […]

Over 3.6 million Americans at risk of evictions as President Congress fail to extend ban, Real Estate News, ET RealEstate Read More »

Dehradun civic body to charge commercial tax from unauthorised hostels Real Estate News, ET RealEstate

DEHRADUN: Planning a crackdown on unauthorised hostels, Dehradun Municipal Corporation (DMC) will now charge commercial tax from such property owners.Following the orders of the Dehradun municipal commissioner, Vinay Shankar Pandey, the officials from DMC had carried out a survey of hostels active in the city in nearly 20 localities.During the survey, the officials found that

Dehradun civic body to charge commercial tax from unauthorised hostels Real Estate News, ET RealEstate Read More »

HC directs Tamil Nadu police chief to look into plaints of cartelisation in cement industry, Real Estate News, ET RealEstate

CHENNAI: The Madras High Court on Thursday directed the Tamil Nadu Director General of Police to probe the complaints of monopoly and cartelisation by cement manufacturing companies.Justice V Bhavani Subbaroyan, who gave a direction to this effect, also directed the Director General, Investigation of the Competition Commission of India (CCI) to look into the allegations

HC directs Tamil Nadu police chief to look into plaints of cartelisation in cement industry, Real Estate News, ET RealEstate Read More »

Ghaziabad development body told to probe into Swarn Jayanti Puram housing scam Real Estate News, ET RealEstate

GHAZIABAD: The new Meerut divisional commissioner has sought details from the Ghaziabad Development Authority (GDA) of the probe into the Swarn Jayanti Puram housing scam, 10 years after it first came to light. The senior official’s scheduled meeting with authority officials was deferred on Wednesday. “Meerut divisional commissioner Surendra Singh was supposed to meet the

Ghaziabad development body told to probe into Swarn Jayanti Puram housing scam Real Estate News, ET RealEstate Read More »

About 3.88 lakh homes built under PMAY-U in Andhra Pradesh in last three FYs Real Estate News, ET RealEstate

NEW DELHI: As many as 3.88 lakh low-cost houses have been constructed in Andhra Pradesh in the last three financial years under the Pradhan Mantri Awas Yojana (Urban), the government told the Rajya Sabha on Wednesday. In a written reply to a question asked by Rajya Sabha MP Parimal Nathwani, Minister of State for Housing

About 3.88 lakh homes built under PMAY-U in Andhra Pradesh in last three FYs Real Estate News, ET RealEstate Read More »

Punjab & Haryana HC orders survey of houses sold on shares outside family Real Estate News, ET RealEstate

Photo for representative purpose only CHANDIGARH: The Punjab and Haryana high court has directed the UT administration to carry out a sample survey of estate office residential properties sold in the city between 2016 to December 31, 2019, on 50%, 30% and 20% basis to a person outside the family of the original owner or

Punjab & Haryana HC orders survey of houses sold on shares outside family Real Estate News, ET RealEstate Read More »

Bombay HC upholds acquisition of prime plot for slum rehabilitation scheme Real Estate News, ET RealEstate

Bombay high cour MUMBAI: Observing that the owner of a prime plot near Siddhivinayak temple in Dadar did nothing for 40 years, Bombay high court upheld its acquisition by the state under a slum rehabilitation scheme. “The petitioner could have, as he claims to be its owner, taken steps for improvement in living conditions of

Bombay HC upholds acquisition of prime plot for slum rehabilitation scheme Real Estate News, ET RealEstate Read More »

Delhi court denies bail to Amrapali Group’s director in multi-crore scam case Real Estate News, ET RealEstate

NEW DELHI: A Delhi court has dismissed the bail plea of one of the directors of Amrapali group, Ajay Kumar, in a multi-crore scam case involving alleged cheating of investors and homebuyers, saying the allegations fall within the category of economic offences that are committed in a “pre-planned” manner. Additional sessions judge Surabhi Sharma Vats

Delhi court denies bail to Amrapali Group’s director in multi-crore scam case Real Estate News, ET RealEstate Read More »

Shriram Housing Finance charts Rs 10,000-crore AUM growth map by FY24, Real Estate News, ET RealEstate

MUMBAI: Shriram Housing Finance has drawn up an aggressive growth trajectory for the next two years with a plan to close the loan book at around Rs 5,600 crore this fiscal, and end FY24 at the Rs 10,000-crore mark, a top company official has said. The city-based affordable housing focused lender, which is one of

Shriram Housing Finance charts Rs 10,000-crore AUM growth map by FY24, Real Estate News, ET RealEstate Read More »

House rejects Nagpur civic body’s move to double development charges Real Estate News, ET RealEstate

NAGPUR: Almost six months after the administration doubled the development charges, the general body of Nagpur Municipal Corporation (NMC) on Thursday passed a resolution and prevented the civic body from levying 100% revised charges. Mayor Dayashankar Tiwari directed cancellation of the notification issued by the administration. Earlier this year, NMC had doubled the development charges

House rejects Nagpur civic body’s move to double development charges Real Estate News, ET RealEstate Read More »

Uttarakhand HC questions state government on stone crushing policy, Real Estate News, ET RealEstate

Uttarakhand HC NAINITAL: The Uttarakhand high court (HC) on Thursday questioned the state government on its stone crushing policy and the fact that it is yet to demarcate residential, silent and industrial zones. The court observed that it is “surprised that the state is having such a casual attitude about its own future”. The bench

Uttarakhand HC questions state government on stone crushing policy, Real Estate News, ET RealEstate Read More »

Tamil Nadu to form flying squads to inspect buildings under construction Real Estate News, ET RealEstate

CHENNAI: Tamil Nadu housing and urban development minister, S. Muthusamy has said that the state would form flying squads to inspect the buildings under construction to prevent any violation in the layout or approval. The minister said that if there are any defects it would be rectified at the initial stages itself based on the

Tamil Nadu to form flying squads to inspect buildings under construction Real Estate News, ET RealEstate Read More »

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