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

GENERAL NEWS /

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

GENERAL NEWS /

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

GENERAL NEWS /

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 »

Tata Realty acquires entire equity stake held by Actis in Intellion Square, Real Estate News, ET RealEstate

GENERAL NEWS /

NEW DELHI: Tata Realty & Infrastructure (TRIL) has acquired entire equity share held by Actis TREIT Holdings No. 2 (Singapore) and 416 Listed NCDs held by Actis TREIT Holdings No. 1 (Singapore) in TRIL IT4 now called Intellion Square situated in Mumbai in an all cash deal, the company said in a media release. A

Tata Realty acquires entire equity stake held by Actis in Intellion Square, Real Estate News, ET RealEstate Read More »

Walton Street BlackSoil Real Estate Debt Fund II raises Rs 360 crore, Real Estate News, ET RealEstate

GENERAL NEWS /

NEW DELHI: Walton Street BlackSoil Real Estate Debt Fund II has raised Rs 360 crore so far for financing middle-income housing projects in major cities. Walton Street BlackSoil Real Estate Debt Fund II (WSBREDF-II), with a target fund size of Rs 500 crore, has secured commitments of Rs 360 crores for its first closing, Walton

Walton Street BlackSoil Real Estate Debt Fund II raises Rs 360 crore, Real Estate News, ET RealEstate Read More »

Karnataka HC backs property buyer, says judge shouldn’t be swayed by protest plea, Real Estate News, ET RealEstate

GENERAL NEWS /

BENGALURU: A magistrate shouldn’t be swayed by a protest petition filed by a complainant, the high court observed while coming to the rescue of a property buyer in Udupi district during an auction held by Karnataka State Financial Corporation. Complainant BP Manjunath had challenged the police’s ‘B’ report by filing the protest petition, claiming purchaser

Karnataka HC backs property buyer, says judge shouldn’t be swayed by protest plea, Real Estate News, ET RealEstate Read More »

Bengaluru civic body’s property tax collection rises 9% in April-Aug 2021, Real Estate News, ET RealEstate

GENERAL NEWS /

BENGALURU: Civic body BBMP has recorded a year-on-year increase of 9 per cent, or about Rs 170 crore, in property tax collection. It netted Rs 2,052 crore between April 1 and August 31 as against Rs 1,881 crore during the corresponding months last year. All eight zones have registered a rise. Yelahanka zone (24 per

Bengaluru civic body’s property tax collection rises 9% in April-Aug 2021, Real Estate News, ET RealEstate Read More »

To stop Mumbai from sinking, government to set up CM-led panel on climate change, Real Estate News, ET RealEstate

GENERAL NEWS /

Representative Image MUMBAI: The state cabinet was on Wednesday presented with the global warming report of the Intergovernmental Panel on Climate Change, with an overall focus on Maharashtra and an emphasis on its coastal belt, particularly Mumbai. Calling for mitigating measures, the environment department, while making the presentation, reiterated that if temperatures rise by 2-2.5

To stop Mumbai from sinking, government to set up CM-led panel on climate change, Real Estate News, ET RealEstate Read More »

China moves to cap the cost of renting a home in cities, Real Estate News, ET RealEstate

GENERAL NEWS /

BEIJING: The Chinese government has said the cost of renting a home in cities should not rise by more than 5% a year – its first move to cap rental prices and part of efforts to provide more affordable housing.President Xi Jinping’s pledges to narrow wealth disparities with the goal of achieving so called “common

China moves to cap the cost of renting a home in cities, Real Estate News, ET RealEstate Read More »

White House details plans to improve housing affordability, Real Estate News, ET RealEstate

GENERAL NEWS /

WASHINGTON – White House officials are outlining plans to build and restore more than 2 million homes, a response to the volcanic rise in housing prices over the past year.Millions of Americans are getting priced out of ownership or stuck spending the bulk of their income on rent. The S&P CoreLogic Case-Shiller 20-city home price

White House details plans to improve housing affordability, Real Estate News, ET RealEstate Read More »

U.S. Supreme Court ends CDC’s pandemic residential eviction moratorium, Real Estate News, ET RealEstate

GENERAL NEWS /

File photo WASHINGTON: The U.S. Supreme Court on Thursday ended the pandemic-related federal moratorium on residential evictions imposed by President Joe Biden’s administration in a challenge to the policy brought by a coalition of landlords and real estate trade groups. The justices, who in June had left in place a prior ban that expired at

U.S. Supreme Court ends CDC’s pandemic residential eviction moratorium, Real Estate News, ET RealEstate Read More »

Faridabad civic body, Real Estate News, ET RealEstate

GENERAL NEWS /

File photo NEW DELHI: The municipal corporation of Faridabad on Friday informed the Supreme Court that rehabilitation policy for those who were residing in Khori village, where authorities have undertaken demolition drive to remove all encroachments from Aravali forest area, has been finalised. The apex court was told by the counsel appearing for the civic

Faridabad civic body, Real Estate News, ET RealEstate Read More »

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