Haryana affordable housing scheme stalled in NCR cities amid rising land, construction costs

Gurugram, Feb 1 (PTI) The demand for a review of Haryana’s affordable housing policy has intensified, with stakeholders claiming that the scheme has been virtually stalled on the ground in Gurugram and Faridabad due to rising land and construction costs, an official said. The demand for a review of Haryana’s affordable housing policy has intensified […]

Lights, camera, construction sites: All about Bollywood actors who have ventured into the real estate business

Salman Khan’s brother-in-law, actor and producer Atul Agnihotri, recently made headlines for stepping into real estate development by undertaking the redevelopment of his own residential building in Mumbai’s Bandra. However, this trend of Bollywood stars venturing into the real estate business is not new. Mumbai redevelopment news: Actor and producer Atul Agnihotri, who is also […]

Suraksha Group completes construction of nearly 6,000 housing units at Jaypee Wish Town, Noida

Mumbai-based real estate firm Suraksha Group, which took over Jaypee Infratech Limited in 2024 through an insolvency process, said on January 12 that it has completed construction of 5,989 housing units across various projects at JIL Wish Town in Noida and has secured occupancy certificates for over 3,100 units. Suraksha Group, which took over Jaypee […]

Ready-to-move-in versus under construction apartments: Tax, GST and TDS differences explained

Surat-based Amit Rastogi booked an under-construction flat for ₹85 lakh. The developer levied GST at 5% on each installment, increasing the overall cost of the property. Since the value exceeded ₹50 lakh, Amit was also required to deduct 1% TDS on every payment and deposit it using Form 26QB. Before buying a property, homebuyers should […]

BMC proposes hike in penalty against pollution at construction sites

Mumbai: The Brihanmumbai Municipal Corporation (BMC) has proposed a fivefold hike in penalties for violating air pollution norms, raising the minimum fine from ₹10,000 to ₹50,000. The Brihanmumbai Municipal Corporation (BMC) has proposed a fivefold hike in penalties for violating air pollution norms, raising the minimum fine from ₹10,000 to ₹50,000. (Photo by Raju Shinde/HT […]

Mumbai Metro Line 3: MMRC makes approval mandatory for redevelopment or construction within 50 m

To avoid any adverse impact on the tunnels of the underground Mumbai Metro Line-3 (Aqua Line), which spans 33 km from Cuffe Parade to Aarey Colony, the Mumbai Metro Rail Corporation (MMRC) has urged all landlords and housing societies within a 50-metre influence zone on either side of the alignment to seek its approval before […]

GRAP 3 in Delhi-NCR: Real estate developers urge site-specific curbs, say blanket construction ban risks project delays

With Delhi’s air quality remaining in the ‘severe’ category for the third straight day, the Commission for Air Quality Management (CAQM) has enforced GRAP Stage III restrictions to curb pollution. These include a ban on construction and demolition activities to address the severe pollution levels in the Delhi-NCR region. Delhi-NCR GRAP III curbs: Real estate […]

UP RERA removes 22 housing projects from abeyance list

GREATER NOIDA: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has removed 22 housing projects in seven districts from its “Abeyance List”, officials said on Wednesday. The “Abeyance List” was introduced after RERA discovered that several promoters had failed to upload key documents — such as land ownership records, approved maps, and inventory details […]

Amaravati construction must be completed on time: Andhra Pradesh CM Naidu to officials

Amaravati, Oct 31 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday directed officials to expedite the construction of the greenfield capital city, Amaravati, and ensure its completion within the stipulated time. Andhra Pradesh Chief Minister N Chandrababu Naidu directed officials to expedite the construction of the greenfield capital city, Amaravati, and ensure its […]