Navi Mumbai Municipal Corporation defends 'One Time Planning' project in Bombay High Court, estimating Rs 12,821 cr for ultra-modern infra development.
Gujarat's state government will launch a comprehensive new housing policy aimed at urban areas, including slum rehabilitation and affordable housing development within a month.
The Orissa government is set to build 5,000 affordable homes in Bhubaneswar, in collaboration with private developers, targeting low-income groups.
During a visit to India, British PM David Cameron pledged UK government funding for the Mumbai-Bangalore corridor project, foreseeing significant economic benefits and job creation.
Environment Ministry to ease green norms, paving the way for more high-rise buildings in cities, potentially boosting real estate construction.
Ahmedabad Urban Development Authority (AUDA) has frozen agricultural land conversion, affecting investors planning farmhouses. Only 5% conversion is allowed, impacting land sharks.
The Prime Minister's Office has intervened to expedite the long-pending Real Estate Regulatory Authority Bill, addressing inter-ministerial concerns and seeking to protect buyers' interests.
CREDAI urges faster environmental clearances to meet the rising housing demand. Lalit Kumar Jain highlighted project delays due to the Ministry of Environment.
West Bengal government plans to allow real estate builders to resume construction of townships after a six-month halt. The state may grant 14Y clearance for projects if 51% is set aside for commercial purposes.
The real estate landscape in Noida is increasingly skewed towards luxury developments, leaving middle-income groups struggling to find affordable housing options.
A new MoU between CREDAI and KSFES aims to streamline fire safety certification processes, although concerns about credibility and rapid approvals have been raised.
Bangalore transformed from a seasonal racing town to a year-round economic hub after becoming the capital of the Kannada state. It faces infrastructure strains due to rapid growth.
Surat’s real estate sector has witnessed a 100% growth in the past two years, driven by vertical development, business opportunities, and infrastructure projects.
The Indian government is contemplating permitting increased vertical growth in cities by granting additional Floor Space Index (FSI) to curb rising real estate prices and fund urban infrastructure upgrades.
The state government will implement its affordable housing policy on April 15, requiring builders to reserve 20% of land for small-sized housing, despite some reservations.
An agreement between a committee and officials expedites compensation payments to farmers in Patwari, safeguarding thousands of homes and increasing land rates significantly.
A recent CREDAI workshop in Mangalore, led by Minister Krishna J Palemar, addressed illegal construction and the need for more parking areas and road expansion.
Rajiv Gandhi Realty Excellence Awards 2010 honors top developers for affordable housing
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.
Omaxe Ltd. plans a Hi-tech township in Lucknow, expected to generate Rs 2800 crores over 5-7 years, enhancing local amenities and infrastructure.
National Housing Bank aims to expand NHB Residex to all cities with a population of over one million by the end of next year.
Amrapali Group plans to invest Rs.15,000 crore over five years for various projects, including a new 400-unit housing initiative in Ghaziabad.
The Indian real estate sector is experiencing a downturn, testing its resilience amid economic changes despite its vital role in urban development and job creation.
Sahara Prime City plans to raise Rs 2,000 crore within 18 months for the development of 217 integrated townships across India, focusing on debt and private equity funding.
DLF continues to excel in the Indian real estate market, shifting focus towards mid-income housing and commercial projects while maintaining impressive growth metrics.