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more from real estate

  • Noida expedites work on infrastructure projects

    The Noida authority’s chief executive officer Ritu Maheshwari has directed the staff to expedite the work on several projects such as the 4.5-km Bhangel road being built above Dadri road, 5.5-km Chilla elevated road, sector 71/51 underpass, an alternative route to Dadri road, cleaning of vacant plots and other works.

    Jul 27, 2020 10:30
  • Urban Design in times of Covid-19: Imagining a post-pandemic city

    More than a century before Sars-CoV-2, the Bubonic Plague-causing pathogen killed millions in India in 1896. Our cities then, as now, scrambled to tackle the epidemic.

    Jul 26, 2020 04:53
  • Govt looks to ease property registries, to launch portal for officials, applicants

    The move gains significance in light the Centre’s initiative launched last year that allows for 4.5 million residents of 1,700-odd illegal colonies in Delhi to apply for ownership of their properties.

    Jul 25, 2020 01:56
  • Apartment prices in Singapore inch higher despite recession

    Property values increased 0.3% in the three months ended June 30, Urban Redevelopment Authority data released Friday showed. Apartment prices declined 1% in the first quarter as strains of Covid-19 began to impact upon daily life.

    Jul 24, 2020 09:56
  • Funds for 80 stalled projects approved

    Among these, investments in 18 have been given final clearance, however, money is disbursed to seven projects, it said after finance minister Nirmala Sitharaman reviewed the progress of the scheme -- ‘Special Window for Affordable and Mid Income Housing’ on Thursday.

    Jul 24, 2020 05:51
  • LIC Housing Finance reduces home loan rate to all-time low of 6.90%

    LICHFL in a statement said the rate of interest for home loans up to Rs 50 lakh starts from 6.90 per cent for borrowers with CIBIL score of 700 and above.

    Jul 23, 2020 15:43
  • After Supreme Court’s relief for builders, homebuyers say they want their share

    On July 10, 2020 the Supreme Court, while hearing petitions in a matter regarding the Amrapali Group, directed the two authorities to only charge an interest rate of 8.5%, as per the marginal cost of funds-based lending rate (MCLR) on land cost, fixed by the reserve bank of India, on land dues of developers.

    Jul 18, 2020 10:47
  • GMDA extends deadline for processing of CLU formalities

    As per a statement shared on GMDA’s website, the ‘zero period’ will apply only to those project proponents who were to submit their respective documents after March 15.

    Jul 17, 2020 11:05
  • China’s June property investment accelerates, home prices pick up

    The property market has gained momentum in recent months supported by policy stimulus and as travel curbs to halt the spread of the coronavirus were lifted in most regions.

    Jul 16, 2020 12:09
  • Godrej Properties looks to increase market share amid Covid-19 pandemic

    Reality firm Godrej Properties’ sales bookings in 2019-20 grew 11 per cent to Rs 5,915 crore, and resulted from the sale of 7,415 homes with a total area of 8.8 million sq ft. This averages to over 20 homes per day.

    Jul 12, 2020 15:56
  • CREDAI seeks Tamil Nadu CM’s help for speedy approval of projects in Coimbatore

    In a representation listing the 14-point charter of demands, CREDAI president Surender Vittel sought specified time of clearance of building projects since the current approval process takes a minimum of six months to one year.

    Jul 11, 2020 15:13
  • Signature Global to invest Rs 225 cr in affordable housing project in Gurugram

    Signature Global said in a statement that the project cost is estimated at Rs 225 crore.

    Jul 11, 2020 14:28
  • Housing sales down 67% in Apr-Jun in 9 cities due to Covid-19: Report

    New launches fell 78 per cent to 11,967 units, while unsold inventories were down 5 per cent to 6,07,665 units during the period under review.

    Jul 10, 2020 14:36
  • Tokyo witnessing empty offices as Covid-19 pandemic gives tenants pause

    Fujitsu Ltd., one of Japan’s largest employers, has already declared its intent to cut its office space by 50% over the next three years and have 80,000 workers work mostly from their homes.

    Jul 10, 2020 14:25
  • Housing sales down 67% in April-June: Report

    According to PropEquity, total housing sales during April-June 2020 stood at 21,294 units, down 67 per cent from 64,378 units in the year-ago period.

    Jul 10, 2020 13:37