Offering a glimmer of hope for the revival of long-delayed real estate projects, the Greater Noida Authority has granted in-principle approval to appoint co-developers for two stalled group housing projects in Sectors 10 and 1. The move, taken under the UP government’s co-developer policy for legacy stuck projects, brings the total number of Greater Noida […]
Omaxe Group said on December 2 that it has repaid around ₹80 crore in loans taken from the government-backed SWAMIH stress fund for two of its projects in New Chandigarh and Prayagraj. The SWAMIH (Special Window for Affordable and Mid-Income Housing) fund had sanctioned ₹168.80 crore for the ‘The Lake’ project in New Chandigarh and […]
Bengaluru-based Embassy Developments plans to launch six residential projects, totalling nearly ₹10,300 crore, in North Bengaluru, the company announced in a statement on November 24. Bengaluru-based Embassy Developments will launch six residential projects worth nearly ₹10,300 crore in North Bengaluru, the company said on November 24. (Represnetational Image) (Unsplash ) The launches together include 5.6 […]
NEW DELHI: The ministry of electronics and information technology (MeitY) on Monday cleared 17 projects, with a cumulative investment of ₹7,172 crore, in the second tranche of approvals under a scheme that aims to boost the production of electronic goods within the country. Minister of Electronics and Information Technology Ashwini Vaishnaw said that early scepticism […]
Mumbai-based Lodha Developers is expected to launch its first real estate project in Gurugram, marking the company’s entry into the Delhi NCR market, Managing Director and CEO Abhishek Lodha has said. He also said that the company is exploring other areas of the NCR. Gurugram real estate: Mumbai-based Lodha Developers is expected to launch its […]
MUMBAI: In Mira Road, flats are being marketed in more than 20 residential buildings, whose legal status is being debated in court. These projects, all across Mira Road, are being built by Ravi Developments of Ravi Group, which secured a commencement certificate to construct 29 new buildings in March 2019. Permission was for a revised […]
To fast-track the redevelopment of Mumbai’s slums and move toward a slum-free city, the Maharashtra government has issued a new order stating that individual slum-dwellers’ consent will no longer be required for the group redevelopment of slum clusters, according to a Hindustan Times report. The Maharashtra government has issued a new order stating that individual […]
The Delhi Development Authority (DDA) has approved several key proposals, including the capital’s first Transit-Oriented Development (TOD) housing project in Karkardooma, the change of land use for 40.23 hectares under the land pooling policy, and the construction of world-class sports infrastructure in Narela, which will also be developed as an education hub, the authority said. […]
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 […]
Rahul Sharma (name changed), a 30-year-old prospective homebuyer, recently visited a completed apartment project. During his visit, he noticed that the project did not display a Real Estate Regulatory Authority (RERA) registration number. When he inquired, the developer explained that no RERA registration was obtained because the project was neither marketed nor sold before receiving […]
