GOVERMENT POLICY
As inflation hits hard, real estate asks for faster approvals
Real estate demand has risen post the third wave of the COVID-19 pandemic leading to most companies seeing quick inventory clearance […]
government
GOVERMENT POLICY
Delhi government to discontinue rebate of 20% on circle rate
A Delhi government order said on June 30 that the “Competent Authority has decided to discontinue the relaxation of 20% in circle rates beyond 30.6. 2022” […]
GOVERMENT POLICY
Lulu Group’s Middle East expansion plans are ‘on track’
The group said it had 91 hypermarkets and smaller stores planned for opening between 2020 and 2023, making it one of the few retail groups to expand during the COVID-19 pandemic […]
REAL ESTATE
Industry welcomes Delhi’s decision to extend 20% rebate on circle rate
Real estate experts say any changes in circle rates should only be announced as a part of a comprehensive citywide rationalisation and colony recategorisation exercise […]
GOVERMENT POLICY
Goa government withdraws its own circular on real estate
The Chief Minister had in March, put an end to the need to obtain ministerial approval for real estate projects and delegated the powers to the taluka- and district-level officers […]
GOVERMENT POLICY
Maharashtra govt’s decision to extend PMAY scheme brings hope
Real estate developers say that in a city like Mumbai constructing affordable homes is a challenge as the cost of land is high […]
GOVERMENT POLICY
A look at structural safety guidelines released by Haryana government
The Department of Town and Country Planning said that a notification bringing the guidelines into effect will be issued in two months after completing the empanelment process […]
GOVERMENT POLICY
State gives approval to Adani’s new Rs7,000-cr transmission line
State government has given approvals to Adani Electricity Mumbai Infra Limited for the 1,000 MW HVDC Kudus-Aarey Transmission line project […]
INFRASTRUCTURE
Assam cabinet approves Rs7,876-cr infrastructure project
The cabinet of Chief Minister Himanta Biswa Sarma, during a meeting, sanctioned Rs3,107-crore for the construction of a four-lane bridge connecting Palasbari near Guwahati airport with Sualkuchi, known for its textile industry centred around Assam silk […]
REAL ESTATE
A stalled real estate sector was nobody’s and everybody’s fault
By 2014, the real estate market was at a complete standstill and a newly elected government brought law after law to clean up the system. Problems were complex and nobody benefited […]