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RELAXATION TO BUILDERS
Big relief for residents: HC tells builder to demolish illegal construction in setback area over missing fire NOCBengaluru apartment owners secured a major win as the Karnataka High Court ordered a builder to demolish illegal construction. The construc...- Dubai plotting a comeback as Iran war hammers its hottest marketReal estate activity in Dubai has dropped sharply after geopolitical tensions involving the US and Iran affected investor sentiment, accord...
- GIFT City vs Dubai vs Singapore: What you need to know while choosing your investment hubIndian wealth is increasingly seeking global anchors, with GIFT City, Dubai's DIFC and Singapore emerging as key contenders. Each hub offer...
- More relief steps may be on the way for highway contractors as West Asia war dragsThe road transport ministry is considering additional relief for highway contractors as West Asia tensions drive up input costs and disrupt...
- Donald Trump jitters push US allies toward Japan’s most significant military shift since World War IIJapan is set to ease its strict arms export rules. This move is attracting significant interest from countries like Poland and the Philippi...
- Payment norms for highway builders relaxedThe move is aimed at stabilising cash flows for developers grappling with higher input and logistics costs. Payments, typically released on...
- Road ministry to compensate for price hike and volatility in commodity prices to contractorsHighway contractors will now receive payments monthly. The government has shortened the price adjustment period to one month. This aims to ...
- Over 100 realty projects have no valid registration: UP-RERAThese builders are in a catch-22 situation as they do not have funds to pay up their dues to the respective industrial authority for which ...
- Awarding of NH projects doubles despite pandemicThe pace of award of national highway (NH) projects has almost doubled in the past seven months compared to last year despite the Covid pan...
- About 3,200 buyers of Jaypee Kove, Kaffia, and Buddh Circuit Residency seek refundThe residential projects in Sector 25 of the Yamuna Expressway region were supposed to be completed by 2017. However, no construction activ...
- Relief to under-construction projects: Mumbai, Pune not likely to benefit as both designated Covid-19 hotspotsMumbai Metropolitan Region (MMR) and Pune have both been declared as coronavirus hotspots. The maximum construction projects are also in th...
- UP-RERA gives some relaxation to buildersTwo apex body of real estate developers the Confederation of Real Estate Developers Association of India and the National Real Estate Devel...
- After builders’ appeals, Rera will relax delivery timelinesNaredco-UP, a body of realtors, wrote to Rera on Monday that it couldn’t honour the timelines set by the regulatory body as work on all pro...
- FinMin urged to help home buyers via bail out of stuck realty projectsThe housing ministry has urged the finance ministry to expedite setting up of a “stress fund” to complete stuck housing projects in Noida a...
- Builders association appeals government to resolve issues blocking infrastructure, housingThe Builders Association of India has appealed the government to initiate corrective measures to resolve issues that are blocking housing a...
- Relief to builders, Centre relaxes green norms for high-risesThe relaxation is expected to allow builders to put up higher multi-storey buildings on smaller roads and lanes in cities.
- Mumbai’s Sandhu Palace on Pali Hill in Bandra on sale for 800 croreThe controversial Sandhu Palace on Pali Hill, Bandra, touted as the most expensive residential building in the suburbs, is up for sale.
- Builder lobby wary of change in Maha leadershipThe builders' biggest fear is that the incentive FSI given in lieu of public parking, a scheme that had Chavan's stamp of approval, will be...
- NHAI relaxes rule limiting eight bids per road builderThe National Highway Authority of India (NHAI) has relaxed the norm limiting a bidder to bid for not more than eight road sector projects, ...
- Maha govt to build 10 lakh houses in two years: DeshmukhMaharashtra government is committed to providing affordable housing for all, specially socially and economically weaker sections and builde...
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