News articles tagged Housing Projects

Kerala Overhauls Building Rules: Boost for Sustainable Development and Vertical Living

Kerala introduces sweeping changes to building regulations, extending permits to 15 years, easing parking rules, and enabling self-permits for homes, fostering sustainable urban development and vertical habitats to accommodate growing populations.

RERA update: The Uttar Pradesh Real Estate Regulatory Authority issues five directives to protect the interests of purchasers

UPRERA mandates real estate developers to register projects under names on approved maps, sell only by carpet area, and include co-allottees in complaints.

Mumbai’s real estate crimes are on the rise

The real estate industry in Mumbai is grappling with increasing cases of fraud and deception by developers, leading to significant financial losses for homebuyers and legal action.

Developers collecting money without agreement is violation- TNRERA

Tamil Nadu Real Estate Regulatory Authority (TNRERA) ruled that developers collecting payments without a contract violates the TNRERA Act.

To complete project Shri Group raising Rs 80 crore from Edelweiss

Shri Group secures Rs 80 crore from Edelweiss for construction in Greater Noida West, citing positive real estate market trends and upcoming project phases.

Slowdown worries Pune developers

Credai Maharashtra highlights concerns of a 22% sales dip in real estate, attributing it to inflation, high interest rates, and regulatory delays, while affirming Pune's relative stability.

Developers to upload details on website

Noida officials are set to upload housing project details online to protect buyers and curb property scams, with wider transparency expected for developers and investors alike.

Govt defers decision on FDI in realty sector

India delays easing FDI guidelines for real estate sector, including exit conditions and minimum build-up area requirements.

ECB Norms Likely To Be Relaxed to Boost Affordable Housing

Finance ministry officials and RBI plan to meet to discuss relaxing external commercial borrowing norms to enhance affordable housing projects in India.

Housing Projects for Seniors, Bangalore Tops The List

Bangalore leads India with seven housing projects for seniors, surpassing other cities like Chennai and Pune, according to a JLL report focused on senior housing development.

Disney India to design interiors of a Supertech project

Supertech collaborates with Disney India to design themed interiors for a new residential project, catering to the rising demand for branded homes in Delhi-NCR.

Essel Group to Raise Rs.1000 Cr PERE Fund

Essel Financial Services Ltd's private equity wing is set to launch a Rs.1000 Cr real estate fund focusing on residential projects across top cities in India.

Jones Lang LaSalle to invest in Bangalore realty

JLL to invest Rs. 30 crore in two Bangalore luxury housing projects from its Rs. 300 crore India-focused real estate fund, capitalizing on the city's stable residential market.

Blackstone To Buy Bangalore Business Park For $367 Mn

US-based private equity firm Blackstone, along with HDFC and Embassy Realty, plans to purchase a Business Park in Bangalore for $367 million.

CREDAI Demands Speedy Eco Clearance Certificates

CREDAI urges faster environmental clearances to meet the rising housing demand. Lalit Kumar Jain highlighted project delays due to the Ministry of Environment.

Labor Shortage Strikes Residential Real Estate Projects

Labor shortages in Greater Noida, Noida, and Yamuna Expressway delay housing projects, impacting real estate builders and homebuyers. Government schemes like JNNURM and NREGA, while successful, are blamed for limiting labor migration.

Allahabad H.C. Stays Some Noida Real Estate Projects

The Allahabad High Court halted construction on residential projects in Noida Sectors 120 and 75 after farmers petitioned, alleging improper land acquisition processes.

Fire Capital Plans to Increase $ 100Million to Invest in Housing Projects

Fire Capital aims to raise $100 million to invest in housing projects across tier-II and tier-III cities in India, addressing severe residential shortages.

NRI TCG and US Based VRT Invests Rupees 270 crore in Mumbai, National Capital Region Residential Projects

TCG Real Estate and Vornado Realty Trust plan to invest ₹270 crore in two residential projects in India, focusing on medium-sized developers.

After Affordable housing, it’s Luxurious housing’s turn

Realtors shift focus to luxury housing due to increasing demand, with major developers planning high-value projects across Indian cities.

Joint Venture Among Tata Housing & Tata Realty

Tata Sons is urging its subsidiaries, Tata Realty and Tata Housing, to cease their competition, which is adversely affecting their overall operations in real estate.

Realty Sector Urges FM To Revisit Budget

The urban development ministry calls for a review of the proposed service tax on housing projects, amidst concerns over its impact on the struggling real estate sector.

Sahara Prime City to use Rs 2860 crore from IPO

Sahara Prime City aims to raise Rs 3,450 crore from an IPO to fund development of nineteen thousand housing units and 16 integrated townships.

Real estate firm sees festival sales

Property firms are optimistic as they launch new housing projects for the festive season, despite challenges in demand and price hikes.

Tata Housing in talks for fund

Tata Housing engages in initial discussions with Sequoia Capital and Atlanta Equity to secure funding for affordable housing projects, attracting investor interest with low-risk opportunities.