The Delhi Development Authority (DDA) has approved its budget for 2013-14, prioritizing affordable housing and green space preservation, with plans to develop over 3000 EWS houses.
Delayed clearances for new buildings are hiking property prices in India by up to 40%, according to the Economic Survey 2013. This issue, along with higher land prices and stamp duty charges, poses challenges for the real estate sector.
Environment Ministry to ease green norms, paving the way for more high-rise buildings in cities, potentially boosting real estate construction.
Union government may confer infrastructure status to housing sector in upcoming budget, aiming to provide affordable homes and boost supply.
Haryana Urban Development Authority (HUDA) has postponed the plot allotment in Gurgaon, extending the wait for 700 plot owners due to a High Court order.
Iyyapanthangal in Chennai has gained popularity due to enhanced infrastructure and connectivity, leading to increased property prices and demand.
GVK Power & Infrastructure Ltd plans to monetize 2.9 million sq. ft. of Mumbai International Airport's real estate to fund its modernization, pending Maharashtra Chief Minister's approval.
BMC increases Mumbai's daily water supply from 90 to 135 liters per person starting October 1st, offering relief to residents and potentially boosting the housing industry.
Yamuna Expressway Authority has submitted a revised draft of Master Plan 2031 for the development of the first phase, with significant residential and infrastructure plans.
The DDA is set to reconstruct unsafe buildings in Delhi, pending owner consent and financial arrangements following a recent survey identifying critical areas.
The construction of a 22 Km link road connecting Ghaziabad and Greater Noida is expected to enhance real estate growth and property values in the Ghaziabad area.
Noida Authority announces additional metro stations for the Noida-Greater Noida link, addressing growing population needs and land acquisition concerns with plans for speedy project execution.
Noida Authority uncovers a real estate scam worth Rs.3800 Cr from 2011, leading to the removal of several officials and potential suspensions.
Noida Authority seizes back 90 acres of encroached government land worth Rs.10,000 Cr, vows to demolish all illegal constructions.
MHUPA India plans to include affordable housing in infrastructure list, revises income limits for weaker sections, urging unified efforts to address 18.78 million housing shortage.
Illegal sand mining is becoming a major issue in Noida, affecting real estate construction and the environment. Villages near residential projects are prime spots for this activity.
India's real estate growth sparks concerns over rising energy consumption, with buildings accounting for 32% of total electricity usage, prompting calls for better implementation of Energy Conservation Building Code
Govt to sell/lease surplus land to ease financial stress, boosting real estate growth in Indian metros.
The report outlines Chennai's real estate market dynamics, emphasizing service tax changes, ECB, and a projected influx of 67,500 residential units within three years.
Urbanization is crucial for India's growth, but infrastructure development lags behind the rapid rise in urban population and real estate stock, necessitating urgent investment.
India's national treasury may have lost $210 billion due to sweetheart coal deals between 2004-2009, sparking a major corruption scandal and political uproar.
An agreement between a committee and officials expedites compensation payments to farmers in Patwari, safeguarding thousands of homes and increasing land rates significantly.
Farmers from Ullawas village plan to approach the High Court to reclaim land leased to Rajiv Gandhi Charitable Trust and Church Gate Medical Society.
Allahabad High Court grants Noida Authority two weeks to resolve the farmer crisis, potentially benefiting all parties involved.
Land buyers in Noida Extension face continuing difficulties after a court decision quashed the acquisition of land, affecting thousands and halting crucial infrastructure development.