Latest Realty News

Government eyes to garner Rs 840 crore revenue due to guidance hike
Jul 23, 2013
BANGALORE: Karnataka government expects additional revenue of Rs 840 crore following upward revision of guidance market value of properties, including Rs 614 crore in Bangalore Urban district, by way of increase in registration fee and stamp duty following the measure.
Haryana government issues new guidelines in property transactions
Jul 23, 2013
CHANDIGARH: Haryana government has issued new guidelines here today to make property transactions transparent in the state.
Govt order to ease sale of property
Jul 20, 2013
DELHI: With the stamp of approval from LG Najeeb Jung, the Delhi government has decided to reverse the directive that put a stop to registration of all general power of attorney (GPA)-based property transactions. The earlier order was issued by the revenue department in April 2012.
Gujarat government announces a five year housing scheme for 22 lakh dwellers
Jul 18, 2013
AHMEDABAD: Gujarat government on Wednesday announced affordable housing schemes for 22 lakh urban households in the state in five years. This includes rehabilitation of slum dwellers, a subsidy of Rs one lakh to families in economically weaker category and Lower Income Group (LIG) as well as an interest subsidy of rupees one lakh for citizens booking flats in schemes by private developers. It will also provide Rs 50,000 per house for providing urban infrastructure to schemes for economically wea
Karnataka plans to regularise unauthorised buildings in govt land
Jul 09, 2013
BANGALORE: Karnataka government has planned to introduce an amendment to the Karnataka Land Revenue Act 1964, to regularise unauthorised constructions of dwelling houses in government lands in urban areas, official sources said.
In Singur, a different kind of discontent brews now
Jul 07, 2013
SINGUR (HOOGHLY): “We don’t know what will happen in the Court. An early resolution is welcome. Even if the land is not returned to us, I would be happy with higher compensation, at current market rates,” says a land loser at Singur who does not wish to be identified as he is now a Trinamool activist.
Use of agricultural land for construction activity: Govt eases norms
Jul 04, 2013
DELHI: Lakhs of people living in rural areas in Delhi will benefit as Delhi Government today lifted certain restrictions on use of agricultural land for construction activities.The government issued a notification today as per a decision taken by Delhi Cabinet on June 15.
CREDAI-NCR lauds the decision to expand NCR region
Jul 03, 2013
DELHI: The NCR chapter of Confederation of Real Estate Developers Association of India (CREDAI-NCR) has welcomed the decision of the Ministry of Urban Development, Government of India to add Bhiwani, Mahendragarh and Bharatpur in NCR region and applauded the role of Delhi Government in supporting this futuristic move.
JNPT asked to wind up new office at World Trade Centre
Jun 27, 2013
MUMBAI: The Government has asked Jawaharlal Nehru Port Trust, which manages India’s biggest container port, to wind up its new posh city office .
Punjab to frame policy for mega housing projects
Jun 26, 2013
CHANDIGARH: With an aim to provide affordable housing to people, Punjab government has decided to frame a policy for the mega housing projects in state.
Delhi to get tout-free, seamless property registration system
May 20, 2013
DELHI : In a major revamp of existing property registration system, Delhi Government will put in place a transparent mechanism by end of the year under which people will be able to access hassle-free services in all 13 sub-registrar offices without any jurisdictional issue.
Jharkhand amends building plans in rebel areas
Mar 21, 2013
RANCHI: The war between Maoists and security forces has now spilled over into building plans. The former has threatened to blow up all double and multi-storey buildings, forcing the Jharkhand government to amend building plans in rebel-dominated areas.
Biggest land acquisition in West Bengal soon
Jan 26, 2013
Kolkata: The Trinamool Congress government, which has voiced its opposition to land acquisition by the state government, is going in for the biggest land acquisition drive after coming to power.
Land dilemma delays Puri slum rehab project
Dec 15, 2012
BHUBANESWAR: Uncertainty looms large over implementation of Rajiv Awas Yojana (RAY) in Puri as the Railways is undecided whether or not to hand over its land to the state government to rehabilitate around 2,200 slum-dwellers, who have illegally constructed shanties on nearly 35 acre of land close to Puri railway station.
Registration of properties in unauthorised colonies in Delhi delayed
Nov 11, 2012
NEW DELHI: Two months after making the announcement, Delhi government is yet to act on allowing sale and purchase of properties in over 300 unauthorised colonies on private land which were regularised along with 583 other such settlements.
‘State government planning Vision 2030’
Nov 05, 2012
THIRUVANANTHAPURAM: After the one year programme, the State Government will initiate Vision 2030, a comprehensive programme for the overall development of the state, Chief Minister Oommen Chandy said.
Maharashtra told to clarify stand on probe into housing ‘scam’
Nov 04, 2012
THANE: The Bombay high court on Friday told the state government to clarify by November 23 its stand on the probe into alleged corruption in the implementation of the Rs 654-crore housing programme for poor in Kalyan-Dombivli.
Over 1 lakh cops to get houses in Tamil Nadu
Oct 27, 2012
CHENNAI: Chief Minister J Jayalalithaa on Friday announced that the government headed by her had taken a policy decision to provide housing facilities for all uniformed services personnel in the State, numbering 1,12,363.
SC relief to Bhubaneswar Development Authority on jurisdiction row
Oct 02, 2012
BHUBANESWAR: Bhubaneswar Development Authority (BDA) on Monday overcame an important legal hurdle on its jurisdiction with the Supreme Court issuing a stay on a March 27 Orissa high court order, which had prevented the civic authority from annexing 50 revenue villages under its fold. The Odisha government had moved the apex court challenging the HC order, which had quashed its 2003 notificatio
Government may relax lending norms for cash-strapped reality sector
Sep 30, 2012
NEW DELHI: The Finance Ministry is considering a proposal to relax funding norms for the realty sector so that good housing projects are not starved of funds. "The Ministry is actively looking at options ... how to ramp up demand in the housing sector. We are studying all the possible impediments," an official source said. "We are of the view that good project will be funded," the source sa
Lighting of 4 city areas to mark local self-government day
Aug 24, 2012
Chief Minister Naveen Patnaik will kick start the Local Self-Government (LSG) day celebrations by inaugurating street lighting at four locations across the city. The street lighting is one of a series of projects lined up by BMC for inauguration, in the run up to the main event on August 31. The new streetlights have been provided at Khandagiri Square to Baramunda, Khandagiri Square to Kalinga
Special squad to probe land frauds on capital outskirts
Aug 24, 2012
Bhubaneswar: The State Government on Thursday constituted a three-member special squad to probe fraudulent recording of Government land in favour of private individuals in 10 mouzas on the outskirts of the Capital. With the incidence of fraud recurring, the Government suspects role of its own officials in the land scams. The special squad, which will include assistant settlement officers Prad

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