Latest Realty News

Big-cheer-for-home-buyers-!-Rajya-Sabha-passes-Real-Estate-Bill
Mar 10, 2016
NEW DELHI: A bill seeking to regulate the real estate sector, bring in transparency and help protect consumer interests was passed by the Rajya Sabha today.
Need-a-'Built-in-Mumbai'-week-to-focus-on-affordable-housing-:-CM-Fadnavis
Feb 16, 2016
"With 50% of our population living in slums, we now want to start the Built in Mumbai initiative that will aim at providing cheaper homes. We will soon start a massive campaign for it," Fadnavis added.
Government-May-Consider-Scrapping-Double-Taxation-in-Realty-Sector
Dec 17, 2015
New Delhi: The government will consider the real estate industry's demand to remove double taxation on developers who have to pay both labour cess as well as PF/ESI, Labour Minister Bandaru Dattatreya said on Wednesday.
City-industrialists-want-e-commerce-portal-for-land-deals-
Nov 20, 2015
KOLKATA: City industrialists are pushing the West Bengal government to come up with an e-commerce site that would allow entrepreneurs to buy and sell land parcels. The portal will not only bring in transparency in land deals, but also encourage industrialists to monetise land tracts of factories which have downed shutters.
Real-estate-developers-eye-tax-relief-on-deemed-rental-income-
Nov 07, 2015
NEW DELHI: The developers' concerns over the tax provision wherein they are required to pay tax on deemed rental income on unsold apartments may be addressed in the coming Budget.
China-interested-in-developing-Bengal's-infrastructure:-Mamata-Banerjee
Nov 06, 2015
KOLKATA: The Chinese government has expressed keen interest in enhancing economic activity with West Bengal as the state is both economically and geographically close to China, West Bengal chief minister Mamata Banerjee said today.
Canada-Pension-Fund-Ready-to-Invest-$2-Bn-in-Mumbai-Housing:-Maharashtra-Chief-Minister
Oct 31, 2015
Mumbai: Canada's pension fund is ready to invest $2 billion (Rs 13,000 crore at $1 = Rs 65) in affordable housing in Mumbai, Maharashtra Chief Minister Devendra Fadnavis said, in a move that would boost Prime Minister Narendra Modi's goal of providing cheap housing to millions of people.
Subsidies-Can't-Be-Essence-of-Survival-for-Realty-Sector:-Jaitley
Oct 31, 2015
Mumbai: Hopeful that the age of slowdown will end soon for the real estate industry, Finance Minister Arun Jaitley on Saturday said the sector must survive on market economy and subsidies should not be the "essence of survival".
Odisha-Developers-Welcome-New-Housing-Policy
Oct 26, 2015
Bhubaneswar: Real estate developers in the state are pinning hopes on the state’s new housing policy combined with the recent Reserve Bank of India(RBI) decision to increase loan to value(LTV) ratio to revive the sluggish housing market in the festival season.
Government-to-put-in-place-single-window-clearance-for-building-permissions-by-early-next-year
Sep 16, 2015
NEW DELHI: The central government is working on putting in place a single window time-bound clearance system for layout approvals and building permissions by the beginning of next year, housing and urban development minister M Venkaiah Naidu said.
Floor-area-ratio-hiked-around-rapid-transit-systems-in-Delhi
Jul 14, 2015
NEW DELHI: Urban Development Ministry today almost doubled the floor area ratio for constructions around mass rapid transit systems like the Metro, albeit with some riders, to address the issues of traffic congestion and shortage of housing in Delhi.
EPFO-plans-housing-scheme-for-members,-says-labour-minister-Bandaru-Dattatreya
Jul 11, 2015
NEW DELHI: Retirement fund body EPFO is considering a scheme for its subscribers so that they are able own a house by retirement, labour minister Bandaru Dattatreya said on Friday.
Odisha-to-raise-Rs-1,000-cr-fund-for-construction-workers
Jun 08, 2015
The state government has decided to raise a corpus fund of Rs 1,000 crore to assist the workers engaged in building and construction sectors.The Odisha Building and Other Construction Workers Welfare Board has already raised Rs 750 crore through collection of cess from different government constructions.
Government-will-not-compromise-on-basic-purpose-of-Land-Acquisition-Act:-Venkaiah-Naidu
Jun 07, 2015
Mumbai: The government will not compromise on the basic purpose of the Land Acquisition Act, Union Minister Venkaiah Naidu on Saturday said amid mounting criticism from the Opposition as well as its ally Shiv Sena on the controversial amendments to the Land Bill.
K-Chandrasekhar-Rao-smells-a-rat-in-change-land-use-pleas
Apr 24, 2015
HYDERABAD: Chief minister K Chandrasekhar Rao has serious doubts over genuineness of requests for change of land use
Shapoorji-Pallonji-group-offers-to-invest-Rs-20,000-crore-in-Hyderabad
Apr 18, 2015
HYDERABAD: Chief minister K Chandrasekhar Rao's plans for a state-of-the-art Secretariat complex has received a shot in the arm with real estate major Shapoorji Pallonji Group offering to build it
30-cr-landless-people-to-get-jobs-once-land-bill-is-passed:-FM-Arun-Jaitley
Apr 08, 2015
New Delhi: About 30 crore landless people will get employment in the industrial corridors following amendments to the land acquisition bill, Finance Minister Arun Jaitley said
BJP-Land-Bill-More-State-friendly:-Panneerselvam
Mar 31, 2015
CHENNAI: Chief Minister O Panneerselvam justified the AIADMK’s support to the Land Acquisition Amendment Bill introduced by the BJP government
Land-acquisition-simplified-in-Uttar-Pradesh
Mar 20, 2015
Lucknow: Even as opposition parties stoutly opposed the Centre’s land bill, Uttar Pradesh government has simplified the acquisition process
Govt-hunts-for-new-core-capital-region
Mar 09, 2015
Ranchi: The new government is hunting for a new area to develop it as the core capital region
Realty-counters-make-right-noises-on-sop-hopes-from-FM-Jaitley
Feb 27, 2015
NEW DELHI: Real estate and infrastructure firms could end up scoring big when finance minister unveils his big Budget on Saturday
Competition-Commission-of-India-probed-132-cases-of-abuse-of-dominance-in-realty-sector
Feb 25, 2015
New Delhi: Fair trade regulator CCI has probed 132 cases of alleged anti-competitive practises in real estate sector
Land-mafia-misuses-demolition-ban,-government-cracks-whip
Feb 24, 2015
NEW DELHI: The government has directed civic agencies and district authorities not to allow any fresh unauthorized construction
Pressure-Builds-on-Jaitley-for-Infrastructure-Stimulus
Feb 19, 2015
New Delhi: The expectation is rising that Finance Minister Arun Jaitley in the Budget may announce some stimulus package for the infrastructure sector
Zero-tolerance-on-govt-land-encroachments:-Sorake
Feb 17, 2015
Raichur: The State government had zero-tolerance policy on encroachments, Minister For Urban Development Vinay Kumar Sorake said

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