Latest Realty News

No quality compromise in eco-friendly buildings
Aug 17, 2013
CHENNAI: At a time when natural resources are depleting and green house emissions have become a major concern, a sustainable approach to construction can offer a way forward, said Anil Kumar Pillai, AGM- Technical Services, Ramco Cement.
Bill in Rajya Sabha to regulate real estate introduced
Aug 15, 2013
DELHI: A bill seeking to protect home buyers from unscrupulous developers and builders and having provisions like jail term of up to three years for offences like putting up misleading advertisements about projects repeatedly, was introduced in Rajya Sabha on Wednesday.
Environment Ministry limits ambit of clearances for realty projects
Jul 13, 2013
DELHI: The environment ministry, under pressure from real estate and builder lobbies, and state governments, has limited the ambit of clearances for projects in this sector. Now, local civic authorities will lay down the norms relating to building control and safety in line with the relevant master plan.
Office Memorandum on Guideline for High Rise Buildings
Jun 15, 2013
DELHI: This Ministry, vide OM of even number dated 7.2.2012 had issued guidelines linking the height of a building to the width of the road on which the proposed building is to be located and also the distance of fire station from the building so that in case of emergency, the fire tender may reach the building in the shortest possible time.
Union Cabinet approves regulator for real estate, lays down norms to help home buyers
Jun 05, 2013
DELHI: The Union Cabinet on Tuesday cleared a legislation to set up a long-pending real estate regulator aiming to protect home buyers from unscrupulous developers and builders.
Mumbai's desire for height
Jun 03, 2013
Mumbai's real estate is among the most expensive in the world. Partly, of course, this is a result of geographical factors - the city is limited by natural boundaries of sea, hills and marshland.
Buildings shorter than 15 m don’t need environmental nod
Mar 20, 2013
NEW DELHI: Faced with enormous delays in getting approvals, Value & Budget Housing Corporation is now adopting a strategy of developing smaller five-acre housing projects that do not require the environment ministry's clearance, thus saving the company at least 12-18 months.
PCMC wants all new buildings to be eco-friendly
Jan 24, 2013
PUNE: The PimpriChinchwad Municipal Corporation (PCMC) wants all new buildings that come up in the township in the next three-four years to be eco-friendly structures.
Maharashtra govt rolls out red carpet for investors with promise of speedy green nod
Jan 12, 2013
MUMBAI: After doling out a string of land and fiscal incentives to reel in investors in its new industrial policy, the state government has now sweetened the deal further. With delays and red tape in environmental clearances remaining a big hurdle for investment in the state, the government has decided to take steps to ensure applications are disposed of in three months.
54 cities to have clean fuel by end of 12th 5-year plan: Environment Ministry secretary
Oct 15, 2012
Hyderabad: As many as 54 cities in the country will have clean fuel, both petrol and diesel, by the end of the 12th Five Year Plan, Union Environment Ministry secretary T Chatterjee said here today. "Once you use that fuel in all the vehicles, it means there is no air pollution. Clean fuel will not have sulphur and other such pollutants. It is the easiest way of getting rid of air pollution. Y

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