Andhra Pradesh adopts Indo-Swiss energy-efficient technology in its affordable housing scheme, aiming to save 20% electricity. Training will be provided under the EEBP project.
India's second COVID-19 wave threatens real estate recovery, impacting office and housing markets. Experts predict varying effects on sales and demand.
The DTCP has launched an online portal to streamline the affordable housing process, ensuring transparency and timely refunds for buyers following numerous complaints about unfair practices.
Parsvnath Developers sentenced to prison for delayed refunds to homebuyers, highlighting the issue of pending apartments in Greater Noida. Over 1 lakh apartments remain undelivered, with builders owing GNIDA ₹6,000 crore.
Delhi Govt Reduces Home Loan Interest Rate to 6.75% & Circle Rates by 20%
Bombay HC orders committee to verify affordable flats built by Hiranandani Group in Powai, amid dispute over completion of 3,103 flats as per 2012 order.
Rajasthan's CM announces reduced stamp duty on residential properties, lowering costs for buyers and aiming to boost the affordable housing market in the state.
Yamuna Expressway Industrial Development Authority (YEIDA) to offer 600 residential plots near Jewar Airport, Greater Noida, after RERA approval. Plots range from 60 sq-m to 4,000 sq-m, priced between ₹11 lakh and ₹6.6 crore.
Delhi-NCR sees a surge in affordable housing demand, with Gurugram leading the way. Anarock's survey reveals a 10% increase in demand during the pandemic.
Pune real estate sales rebound to pre-COVID levels with 3.4% price increase, driven by high-end segment demand. Inventory is at a six-year low.
India's real estate sector, particularly residential, is rebounding thanks to government policies like reduced home loan interest rates and tax relief, attracting more buyers and foreign investment.
Housing Ministry hands over conveyance deeds to 20 Delhi residents in Raja Vihar & Suraj Park, under PM-UDAY scheme, benefiting 40 lakh residents by regularizing illicit settlements.
South Bangalore, particularly Kanakpura Road, sees high demand for new flats, especially among young professionals. East Bangalore also experiences strong demand, with areas like Whitefield and Electronic City attracting interest for 3BHK flats.
Kokapet is witnessing a surge in demand for non-branded bungalows, attracting both locals and migrants, thanks to its competitive pricing and convenient location.
Investors in Noida Extension since 2009-2010 are finally seeing progress as land acquisition issues resolve, with new projects and increased demand anticipated.
Mumbai's real estate development is focused on utilizing 13,000 hectares of land from no development zones to address the housing demand and prioritize affordable housing.
India's affordable housing schemes gain infrastructural status, boosting demand and lowering costs for builders and homebuyers alike.
The Madras High Court has reinstated the ban on registration of unapproved plots in Tamil Nadu and seeks details on applications violating the 2016 ban order. A special sitting is planned to address the issue.
Attapur, a new suburb in Hyderabad, is rapidly becoming a prime residential area due to its proximity to educational institutions and IT hubs.
PCMC cancels 6,500 tenement launch under JNNURM due to PMAY launch. Beneficiaries can apply under PMAY. PCMC earlier planned 17,920 tenements but only built 11,420.
Hyderabad's western zone, including Ghachibowli, Manikonda, Chandanagar, and Kondapur, is attracting residential investment due to IT hubs, affordability, and strong infrastructure.
Two expressways in Delhi NCR boost real estate development in Noida, Greater Noida, and Dwarka. Residential projects face water, sewage, and funding challenges, impacting delivery and pricing.
The burgeoning commercial landscape in West Bangalore is driving residential expansion, transforming the area into a prime investment hub with promising growth projections.
Pune resident's complaint against builder for smaller flat size and lack of completion certificate rejected by consumer court due to non-compliance with representative complaint norms.
BBMP introduces online plan approvals for builders in Bangalore, streamlining process for residential and office constructions