Latest Realty News

Government-wants-passage-of-'amended'-real-estate-bill-this-session-
Nov 22, 2015
NEW DELHI: The government is gearing up to ensure the passage of the crucial real estate bill, which is aimed at curbing malpractices in the sector and bringing transparency through regulatory mechanism, in the forthcoming Winter session of Parliament.
States-Asked-to-Evolve-Affordable-Housing-Policies-for-Low-Income-Groups
Oct 26, 2015
New Delhi: The Centre would hold discussions with the state governments about measures being taken to promote affordable housing projects for the Economically Weaker Sections (EWS) and Low Income Groups (LIG).
Nagpur-civic-body-may-allow-water-supply-without-occupancy-certificate
May 09, 2015
Nagpur: Proposal for relaxing Occupancy Certificate norms which is mandatory for giving water connection to buildings
Builder's-arrest-leaves-buyers-in-lurch
Mar 28, 2015
VISAKHAPATNAM: Builder arrested for forging the Greater Visakhapatnam Municipal Corporation's occupancy certificate for his new apartment scheme - MM Paradise
Only 97 city high-rises have occupancy certificates
Dec 17, 2014
BELAGAVI: IT City may be dotted with hundreds of high-rises, but only 97, including residential apartments, are legally deemed fit to occupy
Centre identifies 50 districts to modernise all land records in one year
Nov 07, 2014
NEW DELHI: The Centre has identified 50 districts across the country where state governments will modernise all land records in one year
Anushka Sharma becomes brand ambassador for Ruparel Realty in Mumbai
Oct 17, 2014
Mumbai: Bollywood actress Anushka Sharma plays a new role as the brand ambassador for one of Mumbai's well known real estate companies — Ruparel Realty
BDA gives sapling work to building agency
Sep 30, 2014
The Bangalore Development Authority (BDA) may claim that it has spent crores on planting saplings across the city, but the Upa Lokayutka has found that the authority entrusted the work to a company that has expertise only in building concrete jungle
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
BDA outsource move to fast track services
Sep 03, 2014
The Bhubaneswar Development Authority (BDA) has decided to outsource its public services, such as building plan approval, allotment of housing properties and issuing of occupancy certificates, to a private party
‘No occupation papers but forced to take flat’
Aug 19, 2014
Deepak (name changed) had invested in a 2-BHK apartment at Vatika India Next in Sector 82, hoping it would be his dream home in Millenium City with all modern facilities, while he lived in a rented pad in the capital. The project, however, has been delayed and he says he is now being forced to take possession without a grant of occupation certificate (OC)
Proposed regulation, pending reforms, to bring back growth
Apr 03, 2014
AHMEDABAD: With the upcoming general elections in May this year, the country’s political fate would be decided. As the political scenario in the country will get a direction, the newly-elected government can also decide on some of the pending bills that will bring some policy framework to the country. There are a number of key draft legislations pending before the parliament. Industry estimates suggest that more than 120 bills are pending to be passed by the parliament.
Ministry to take decision tomorrow on FDI in real estate
Feb 27, 2014
DELHI: Foreign Direct Investment (FDI) in real estate sector, the decision will likely to be taken in the next cabinet meeting which is going to be held on Thursday, said Arun Kumar Misra, Secretary, Ministry of Housing & Urban Poverty Alleviation at an ASSOCHAM event held in New Delhi today.
Flat owners can apply for occupancy certificate
Feb 07, 2014
PUNE: Individual flat owners in the city can directly approach the Pune Municipal Corporation for occupancy certificates (OC). There are around six lakh residential properties and 75,000 non-residential properties in the city and the civic body claims many of these identified and assessed properties have not obtained OCs.
Housing starts slow down in Chennai, Bangalore & Kolkata
Feb 05, 2014
KOLKATA: Housing starts in large cities such as Kolkata, Chennai and Bangalore have slowed down, according to the Housing Start-Up Index, a new indicator of housing construction, released by the Reserve Bank of India and the Ministry of Housing and Urban Poverty Alleviation (MHUPA) on Monday. However, in cities such as Ahmedabad, Bhopal and Hubli, housing starts have increased.
CII’s REALTY 2013: 9th International Conference on Real Estate
Aug 06, 2013
DELHI: “Real Estate has emerged as an increasingly strategic domain that influences various strata of society” said Dr Girija Vyas, Hon’ble Minister of Housing and Urban Poverty Alleviation, Govt of India at CII’s REALTY 2013 – 9th edition of Real Estate Conference today in New Delhi.
Real Estate Bill consumer-friendly but not anti-industry
Aug 05, 2013
DELHI: Expressing hope that Parliament will pass the Real Estate (Regulation and Development) Bill in its Monsoon Session, the Housing and Urban Poverty alleviation (HUPA) minister said that the legislation aims to protect consumer interest but was not against the industry.
Real Estate Bill consumer-friendly but not anti-industry: Girija Vyas
Aug 03, 2013
DELHI: Expressing hope that Parliament will pass the Real Estate (Regulation and Development) Bill in its Monsoon Session, Housing and Urban Poverty alleviation (HUPA) minister Girija Vyas said that the legislation aims to protect consumer interest but was not against the industry.
HC rejects realtor's bail
Aug 01, 2013
CUTTACK: The Orissa high court on Tuesday rejected the bail application of realtor Tirupati Panigrahi and two of his associates, who were arrested in December last year for allegedly duping land buyers of crores of rupees.
Major schemes for affordable housing to be modified: Girija Vyas
Jul 23, 2013
DELHI: Major schemes meant for providing affordable housing to urban poor will soon be modified to make them more people-friendly, the government said today and invited the private sector to contribute more actively in this area.
Reality check for realty sector
Jul 09, 2013
BHUBANESWAR: In a worrying trend for realtors, housing prices in the city has stagnated at pre 2009-2010 level. Several factors, including supply exceeding demand and eroding people's trust on developers due to series of scams are to blame, industry watchers said.
Fresh charges: CB to quiz Tirupati again
Jan 01, 2013
BHUBANESWAR: The Crime Branch is likely to take Hi-Tech Group chairman Tirupati Panigrahi on remand again next week for further interrogation, even as the first round of two-day questioning ended on Sunday.
Tirupati Panigrahi held in Bhubaneswar for land ‘fraud’
Dec 26, 2012
BHUBANESWAR: The Crime Branch of Odisha police on Tuesday arrested noted businessman and vice-president of Odisha Cricket Association Tirupati Panigrahi and two of his relatives here for allegedly reneging on the promise of providing residential plots to two men after taking money from them in 2009.
HUPA for inclusion of affordable housing in infrastructure list
Dec 09, 2012
NEW DELHI: To provide cheaper houses for lower income groups, the ministry of Housing and Urban Poverty Alleviation (HUPA) is working for the inclusion of affordable Housing in the infrastructure list.
Hazaribag admn evicts illegal occupants from govt land
Oct 06, 2012
HAZARIBAG: The district administration has finally taken action against the land mafia who had illegal possession of government land in the Matwari locality of Hazaribag town. The 5.29 acre of land was earmarked for the construction of a multi-storeyed hostel for tribal students. The welfare department had begun the construction work. The district welfare officer lodged a complaint with the de

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