Latest Realty News

May 09, 2015
NASHIK: CREDAI Nashik and the Indian Institute of Architects (IIA), Nashik branch have welcomed the new proposed policy of the Transfer of Development Rights
Mar 21, 2015
Mumbai: The hiking of the floor space index (FSI) in suburbs and the linking of its premium to market rates, steps taken by Maharashtra government to bring down the rates of the transfer of development rights (TDR), have dampened the realty market
Mar 20, 2015
MUMBAI: The cash-starved Devendra Fadnavis-led BJP government proposed to mobilize an estimated Rs 5,000 crore from premium on additional floor space index
Feb 26, 2015
Mumbai: BMC made a presentation on the draft DP before housing experts, NGOs and others
Feb 21, 2015
CHENNAI: People who lose land for open space reservation (OSR) facility like parks can look forward to enjoying the development rights of the forfeited land on their residual plots by transferring the FSI to it
Feb 18, 2015
MUMBAI: The city's vertical development means problems in infrastructure and basic amenities, this is what experts feels
Tenants move high court, seek denial of occupancy certificate for their rehab building
Sep 07, 2014
n a unique battle, tenants of a large plot in Tardeo have come to the Bombay high court to intervene and oppose a developer's demand for an occupancy certificate (OC) for their own rehabilitation building
Congress asks CM to act upon 2.5 FSI approval
Sep 07, 2014
Congress corporator Dashrath Bhagat has submitted a letter to chief minister Prithviraj Chavan, asking for implementation of 2.5 FSI approval for dilapidated buildings in civic area
‘Landed’ Ahmedabad is squatting on its treasure
Feb 11, 2014
AHMEDABAD: About 47% of public land worth nearly Rs 50,000 crore in Ahmedabad is fit to be sold by the government, says a paper by the World Bank. Out of 3,102 hectares of public land, the state can market 1,699 hectares and use the finances to fund urban infrastructure, the paper recommends. It implies per capita availability of fiscal resources amounting from Rs 36,000 to Rs 97,000 by marketing this public land.
Housing sector: A glimpse into the problems and possible solutions
Feb 08, 2014
HYDERABAD: The housing sector defines the overall social health of the population of a country. Apart from its contribution to the country’s GDP, construction of housing increases the civil welfare of a society by improving the social capital of a nation. Consumption expenditure by individual and households consists of a sizeable mix of expenses incurred on rent, utilities, related taxes, etc., all of which are also contributions of the housing sector, to the GDP of an economy.
BMC reworks FSI of tallest residential tower
Sep 17, 2013
MUMBAI: A high court-directed report prepared by the civic administration could force the developer of Palais Royale, touted as India's tallest residential tower, to rework its plan.
Govt mulls Singapore model of development for cities
Sep 09, 2013
PUNE: The Central government is mulling the Singapore model of development planning for Indian cities, where the plan is drafted for 30-50 years instead of the current 10-20 years.
Chennai set to hit a new high in housing
Aug 12, 2013
CHENNAI: Just about a year ago the average home buyer did a double take on learning of the prices of top-end residences in prime areas of the city: a couple of projects offered homes ranging between Rs 3 and Rs 6 crore at the top end in large blocks of over 100 apartments each.
Faced with sluggish growth realty companies selling land to peers
Jul 24, 2013
DELHI: Faced with sluggish growth, some large real esate companies in India have started selling parts of their licensed land in township projects to raise funds and speed up project execution.
Additional FSI sought for Pune housing societies for flood affected
Jul 04, 2013
PUNE: A group of residents have made a demand to the Pune civic administration that it should consider allotment of additional Floor Space Index (FSI) to housing societies for the flood affected people.

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