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

GENERAL NEWS /

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 »

UP-RERA carries out digitization of various processes, Real Estate News

GENERAL NEWS /

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has carried out digitization of various processes as per the guidelines issued by Uttar Pradesh government in order to minimize the regulatory compliance burden. An action plan for the digitization of 10 forms was issued under the Uttar Pradesh Real Estate (Regulation and Development) Rules,

UP-RERA carries out digitization of various processes, Real Estate News Read More »

Delhi government initiates process of revising circle rates, Real Estate News

GENERAL NEWS /

NEW DELHI: The Delhi government has started the process for revising the circle rates of properties, seeking feedback from public, officials said on Monday. A committee of senior officials of the Revenue department is evaluating the circle rates of different kinds of landed properties and is likely to submit its report to the government within

Delhi government initiates process of revising circle rates, Real Estate News Read More »

Government introduces bill to amend insolvency law in Lok Sabha, Real Estate News

BANKS/ EMPANELMENT, GENERAL NEWS /

NEW DELHI (TECHNO NEWS): The government on Monday introduced a bill in the Lok Sabha to amend the insolvency law and provide for a pre-packaged resolution process for stressed MSMEs. The proposed amendments would enable the government to notify the threshold of a default not exceeding Rs 1 crore for initiation of pre-packaged resolution process.

Government introduces bill to amend insolvency law in Lok Sabha, Real Estate News Read More »

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

GENERAL NEWS /

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 »

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

GENERAL NEWS /

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 »

I-T department probes Anamitra Properties over benami flat sold to Ajoy Mehta, Real Estate News, ET RealEstate

GENERAL NEWS /

The Income Tax (IT) department has provisionally attached the recently purchased South Mumbai flat of former bureaucrat Ajoy Mehta. Mehta who was the former Maharashtra Chief Secretary and advisor to Maharashtra CM Uddhav Thackeray was appointed as the MahaRera Chairman recently. He was also the BMC commissioner between April 2015 and May 2019. When contacted,

I-T department probes Anamitra Properties over benami flat sold to Ajoy Mehta, Real Estate News, ET RealEstate Read More »

Zurich airport signs shareholder agreement with NIAL for Noida airport development, Real Estate News, ET RealEstate

GENERAL NEWS /

NEW DELHI: The Zurich Airport International on Saturday signed a shareholder agreement with the Uttar Pradesh government’s entity NIAL in Lucknow for the development of the Noida International Airport, a statement said. Arun Vir Singh, CEO, Noida International Airport Limited (NIAL), and Christoph Schnellmann, CEO, Yamuna International Airport Pvt Ltd (YIAPL), signed the agreement in

Zurich airport signs shareholder agreement with NIAL for Noida airport development, Real Estate News, ET RealEstate Read More »

Buildings with rainwater harvesting may get 5% discount on water bills, Real Estate News

GENERAL NEWS /

BENGALURU: The Bangalore Water Supply and Sewerage Board (BWSSB) is contemplating taking the reward route to popularise implementation of rainwater harvesting: It may give 5 percent discount on monthly water bills to properties with RWH facilities. The idea was brainstormed on Saturday during a virtual session titled ‘Catch the Rain, Bengaluru’ organised by National Water

Buildings with rainwater harvesting may get 5% discount on water bills, Real Estate News Read More »

Corporators ask Ulhasnagar civic body to pay rent of those evacuated from dangerous buildings, Real Estate News, ET RealEstate

GENERAL NEWS /

THANE: The corporators of the Ulhasnagar Municipal Corporation on Thursday passed a resolution unanimously demanding that the UMC keep Rs 10 crore reserved in the budget to pay the rent for up to two years for those who will be shifted from their homes that have been declared dangerous. The resolution states that the UMC

Corporators ask Ulhasnagar civic body to pay rent of those evacuated from dangerous buildings, Real Estate News, ET RealEstate Read More »

About 330 families get keys to 2-BHKs under Telangana government’s housing scheme, Real Estate News

GENERAL NEWS /

HYDERABAD: As many as 330 families on Saturday were handed over the keys of lake-view apartments in Ambedkar Nagar near Hussainsagar under the government’s 2-BHK housing scheme. The 330 families were part of the 784 from economically weaker sections who will get houses under the government’s flagship housing scheme within the next two weeks. The

About 330 families get keys to 2-BHKs under Telangana government’s housing scheme, Real Estate News Read More »

National Real Estate Development Council (NAREDCO), Confederation of Indian Industries (CII) and Indian Green Building Council (IGBC) organized a webinar ‘India’s Leadership Role in Advancing Green Buildings’ Government, Real Estate News

GENERAL NEWS /

NEW DELHI: The development of green buildings should be promoted across the country and a campaign should be run to create awareness that the difference in construction costs for such properties and conventional ones is marginal, a senior government official said on Thursday. Addressing a webinar, Surendra Kumar Bagde, Additional Secretary, Ministry of Housing and

National Real Estate Development Council (NAREDCO), Confederation of Indian Industries (CII) and Indian Green Building Council (IGBC) organized a webinar ‘India’s Leadership Role in Advancing Green Buildings’ Government, Real Estate News Read More »

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