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With court verdicts not going in favour of the Greater Noida Industrial Development Authority (GNIDA) and farmers reclaiming their land, officials have plans to shift builders’ projects from Noida Extension to an area in Greater Noida Phase 2. “In phase...

New collector rates from Aug; 25% hike in urban areas, 15% in rural ones `RATIONALISING STAMP DUTY NEED OF HOUR’ Getting a property registered in the city will soon become expensive as Chandigarh administration has decided to increase the collector rates...

Godrej Properties, the real estate arm of Godrej Group, has entered into a memorandum of understanding (MoU) with State Bank of India (SBI) to create multiple platforms to make their projects and services available to customers across India and abroad....

The government on Friday allowed realty major Parsvnath group to withdraw its six special economic zone (SEZ) projects in different states, as a fall out of imposition of Minimum Alternate Tax and uncertainty over continuation of tax sops to SEZ. The...

Ireo, the private equity fund dedicated to the Indian real estate sector, has announced the launch of its new integrated township project “IREO – Fiveriver”. Spread over a sprawling 200 acres, the project is located in Panchkula, on the outskirts of Chandigarh....

Hyderabad Even after several deadlines set by the state government for clearing Building Penalisation Scheme (BPS) and Layout Regularisation Scheme (LRS) files, over 27,000 applications are yet to be cleared by the Greater Hyderabad Municipal Corporation...

Many realty brands, which were once heavy spenders on OOH and print, have taken a backseat in the last few weeks since the controversy erupted. Industry observers estimate that the print and OOH sectors have taken a hit of Rs 8-10 crore. Newspapers' property...

The Noida authority’s plan to save real estate projects by promising developed land plots to farmers in construction-rich areas has angered the “less-threatening” protestors. Noida chairman Balvinder Kumar had promised rehabilitation benefits to farmers...

PAY MORE FOR STAMP DUTY AND REGISTRATION CHARGES AS GUIDELINE VALUE FOR PROPERTIES WILL RISE BY DECEMBER If you are planning to buy a plot of land or a flat, get ready to pay more stamp duty and registration charges. The state government is all set to...

NEW BUILDING PLAN Civic body will earn in crores with revised FSI rules; builders object to plan The new building approval rules that the civic body unveiled recently will not give Mumbaiites looking to buy new property any advantage when it comes to...