Latest Realty News

Home demand subdued in Pune: Report
Aug 27, 2014
Unsold residential units may have piled up in the city but favourable policy measures announced in the Union Budget last month will guide the pick up in sales towards the end of the year, the latest report from Knight Frank said
Double taxation for Eastern Metropolitan Bypass land in Kolkata
Jun 14, 2014
KOLKATA: Constructing a house in areas off the Eastern Metropolitan Bypass is set to pinch you more. Apart from paying the building sanction fee to the Kolkata Municipal Corporation (KMC), you will now have to pay a development fee to the Kolkata Metropolitan Development Authority (KMDA).
Integrated townships come to Meerut
May 13, 2014
DELHI: Meerut’s realty market has shaped up as an ideal destination for affordable-range housing with prices in other NCR regions like Noida, Gurgaon, and Ghaziabad slipping out of the reach of the average middle-class homebuyer.
'Influence zones' proposed near metro rail stations
May 08, 2014
HYDERABAD: If Hyderabad Metropolitan Development Authority's plans materialise, only high-rise buildings with minimum 40 metre height will be encouraged in 'influence zones' (an area in a radius of 300 to 800 metres) around metro rail and MMTS stations soon. Also, mixed land use, where property developers can exploit real estate for commercial, residential, recreational and other purposes, will be allowed in these zones.
Residents seek cancellation of ASI notification
Apr 07, 2014
CHENNAI: Residents of Sembakkam have sought the cancellation of the 2010 notification by Archaeological Survey of India, issued to local bodies through Chennai Metropolitan Development Authority.
The elusive play area in the city of Hyderabad
Mar 20, 2014
HYDERABAD: The city has been expanding at an exponential rate and one can find supermarkets, gyms, hotels and shopping centres in almost every five kilometer radius. The city is stretching its limits in areas such as Kukatpally, Nizampet, Miyapur, Bachupally, Kompally, Shamirpet, Uppal, Attapur, Khajaguda, and Chandanagar. These areas are witnessing rapid proliferation of housing colonies be it individual villas, single block apartments or gated communities. Pick any part of the city whether it
Building sealed in Chennai
Feb 17, 2014
CHENNAI: Officials of Chennai Metropolitan Development Authority on Friday sealed a building that was constructed without applications for planning permission.
SCB to soon have mixed land use zones
Feb 04, 2014
HYDERABAD: The Secunderabad Cantonment area may soon have mixed land use zones for the overall development of its civilian areas. This is being proposed as part of the master plan for the area to be implemented between 2014 and 2021 and it will allow usage of land for all purposes like residential, commercial and recreational.
Govt plans to merge three key agencies
Jan 23, 2014
KOLKATA: The state government has been merging several agencies for better administration. Last year, the KMDA's land acquisition cell was merged with the marketing management section of the authority. Officials said it was nothing but an administrative procedure for better functioning of land acquisition-related matters.
Kilpauk building locked, sealed
Jan 23, 2014
CHENNAI: Officials of the Chennai Metropolitan Development Authority (CMDA) on Tuesday sealed a multi-storey building being built on Millers Road in Kilpauk for violating its plan approval.
CMDA set to hike security deposit for buildings
Jan 23, 2014
CHENNAI: Chennai Metropolitan Development Authority (CMDA) is all set to increase fourfold the security deposit for construction of buildings.
70,000 apply for 248 CMDA subsidised plots
Jan 13, 2014
CHENNAI: Applicants thronged the CMDA office at Egmore as the last day for registration for CMDA-approved plots came to an end on Monday.
Land losers to get more compensation
Dec 11, 2013
HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) and other government agencies, which take over private properties for various purposes, will have to cough up more compensation for acquiring properties from January 1, 2014.
HMDA asked to speed up ongoing projects
Nov 13, 2013
HYDERABAD: The chief minister has directed the Hyderabad Metropolitan Development Authority (HMDA) to speed up ongoing projects like radial roads, new projects like Hyderabad Habitat Centre, Science City and initiatives like land pooling schemes and Educational Hub apart from lake protection works with specific time-frame.
HMDA rejects plea of 69 colleges to regularize buildings
Nov 12, 2013
HYDERABAD: The Hyderabad Metropolitan Development Authority (HMDA) has rejected Building Penalization Scheme (BPS) applications of 69 professional colleges and other educational institutions located in the surrounding areas of the city for not complying with rules and requirements for regularization. Though the HMDA can demolish the unauthorized buildings at any time, the officials are going slow on the managements.
‘Go Green: Reduce energy consumption by 50 per cent’
Jun 28, 2013
BHUBANESWAR: Green homes can reduce the energy consumption by 50 per cent. Mili Majumdar, Director, Sustainable Habitat Division, The Energy and Resources Institute (TERI) tells Shradha Goyal of MagicBricks.com Bureau, why India needs more home owners to think green.

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