Latest Realty News of Bihar

Government may form database on suppression of property sales amount
Sep 16, 2014
In an exercise aimed at checking blackmoney, economic intelligence agencies have started identifying instances where proceeds from property sale have been suppressed in a bid to defraud the government of revenue from stamp duty
Activists protest against move to amend land acquisition act
Sep 16, 2014
Union minister Nitin Gadkari said on Monday that the Narendra Modi government was weighing amendments in the land acquisition act to speed up development projects
Vijayawada, Vizag in Andhra Pradesh to be developed as smart cities, says Venkaiah Naidu
Sep 15, 2014
Union Urban Development Minister M Venkaiah Naidu today said Vijayawada and Visakhapatnam in Andhra Pradesh would be developed as 'smart cities'
Rajasthan Assembly to push land Bill today
Sep 15, 2014
A special session of the Rajasthan legislative Assembly has been called on Monday to pass the new Rajasthan Land Acquisition Bill and to endorse the National Judicial Appointments Commission Act
Smart Cities: Venkaiah Eyes States
Sep 13, 2014
In a bid to expedite the process of identifying 100 smart cities and then developing it, Union Urban Development Minister M Venkaiah Naidu on Friday said the state governments have to take the lead, with the Centre playing only a supporting role
Arunachal Seeks Three Smart Cities in the State
Sep 13, 2014
Arunachal Pradesh has requested the Union Urban Development Minister M Venkaiah Naidu to set up three smart cities in the state
State tables demand for 20 smart cities
Sep 13, 2014
Bihar today urged the Centre to include its 20 towns in Prime Minister Narendra Modi’s flagship scheme of developing 100 smart cities
NRI investments in realty sector may rise 35% this yr: Survey
Sep 13, 2014
Property developers are expecting a 35 per cent surge in real estate enquiries from NRIs, with Bangalore turning out to be the hot favourite, says an Assocham survey
LIC Housing Fin to focus on mortgages
Sep 13, 2014
LIC Housing Finance Ltd, promoted by the Life Insurance Corporation of India, is targeting to reduce its borrowings from the banks and focus more loan against properties (LAP)
Nod for insurers to buy infra bonds
Sep 13, 2014
Insurance Regulatory and Development Authority (Irda) has allowed insurers to invest in Long Term Bonds for financing infrastructure and affordable housing issued by banks
PMC court orders part demolition of 4 buildings
Sep 11, 2014
The Patna Municipal Corporation (PMC) court on Wednesday ordered demolition of illegal parts of four buildings in the city within a month
Govt set to give SEZs a fresh lease of life
Sep 11, 2014
India’s special economic zones (SEZs), stranded for want of state patronage over the past three to four years and which have plunged into a crisis, are likely to regain ground
Don't rush to switch banks for lower home loan rate, advise experts
Sep 10, 2014
Despite some large banks and housing finance companies reducing home loan rates a few days ago, industry-observers and planners are advising borrowers to adopt a wait-and-watch approach instead of hurriedly switching lenders.
Draft Patna Master Plan Lacks Teeth: Narendra Kumar
Sep 08, 2014
Patna: Bihar’s real estate sector is plagued by many loopholes. Absence of clear-cut EWS housing policy with lack of visibility from the government’s end to provide affordable housing mars the already beleaguered sector in the state. Even the Draft Master Plan got recently released is not up-to-mark, says Narendra Kumar, President, CREDAI-Patna.
CM vows policy for homestead land rights to Mahadalits
Sep 08, 2014
Chief minister Jitan Ram Manjhi announced here on Sunday that the state government will formulate a policy to give homestead land rights to the homeless Mahadalits across the state. He was addressing a Mahadalit Adhikar Sammelan at Chulhaichak locality of the state capital
Singapore firms offer green buildings for Vijayawada
Sep 08, 2014
With the Andhra Pradesh government announcing its capital city, all eyes are now on the Vijayawada, Guntur, Tenali and Mangalagiri (VGTM) region. Singapore builders are thronging the area to forge tie-ups with local firms to erect pre-cast green buildings for fast-paced development
Milestone to launch Rs 500-cr fund for housing projects
Sep 08, 2014
PE firm Milestone Capital Advisors Ltd, which focuses on residential and commercial projects, has launched its 10th fund that would focus on mid-size residential projects
dna edit: Realty check
Sep 08, 2014
Though there is nothing particularly alarming about the steep fall in Indian property prices, a price correction in the high-end segment should be welcome
Real estate revival may begin this festive season
Sep 07, 2014
This could be the beginning of a revival in the real estate sector. After two dry festival? seasons for property launches, developers are gearing up for action this time
MoEF Pushes States to Set up Land Banks to Expedite Green Clearances
Sep 06, 2014
To minimise the delay in granting clearance to forest diversion proposals for infrastructure projects, the Ministry of Environment and Forests (MoEF) has issued an advisory to all the states asking them to set up a land bank of degraded, non-degraded and non-forest land so that projects are not held up on account of the search for non-forest land to carry out compensatory afforestation
Reverberations in Goa from China’s property market collapse
Sep 06, 2014
Bankers and investors around the world are extremely nervous these days—the latest data from China indicates an increasingly bleak scenario is rapidly accelerating into focus.China's property market is teetering on the brink of disaster.
Patna Municipal Corporation orders demolition of illegal parts of 3 buildings
Sep 05, 2014
The Patna Municipal Corporation (PMC) has decided to demolish illegal parts of three buildings within a month. PMC commissioner Kuldip Narayan pronounced the order on Thursday after hearing vigilance cases against illegal highrise buildings in the city
Tata Value Homes sells 85 flats on Snapdeal within a week
Sep 05, 2014
E-commerce is no longer limited to apparels, gadgets and white goods — consumers are even buying houses over the internet. Tata Value Homes, a subsidiary of Tata Housing Development Company, for instance, sold about 85 flats on Snapdeal within a week of putting some of its projects online
Indian real estate market saw significant change during 2005-14: Report
Sep 05, 2014
Indian real estate market witnessed a significant change in the last decade mainly backed by opening up of FDI in the sector and shift in preference to high-rises over traditional low-rise structures, according to a report
Fixed-rate home loans back
Sep 05, 2014
ICICI Bank has brought back fixed-rate mortgages. The bank is offering home loans up to 10 years at a fixed rate of up to 10.25%, which is close to 10.15% it charges its floating-rate customers

Latest Realty News Of State

Realty Talk's