Maharashtra announces new real estate norms
22/04/2017 , by in News/Views

India will soon be getting its first real estate regulator and developers will have to toe the line or face severe penalties. The Maharashtra government on Thursday announced the rules for its regulator, ahead of the various state regulators coming into effect. Maharashtra's real estate regulator... Read more...

Real estate continues to struggle
Apr 2017 , by in News/Views

Real estate sector continues to struggle, impact of note ban visible While the Economic Survey suggested that the Indian economy will grow at a robust pace of above 7% in 2016-17, the struggle for real estate developers to sell their projects continued unabated in the last quarter of fiscal 2016-... Read more...

No new launches in Mumbai, Gurugram & Noida
Apr 2017 , by in News/Views

Due to weak investors demand post demonetisation, the launch of new houses in India during the first quarter (Q1) of present year has declined over 19% in eight key cities with Gurugram (earlier Gurgaon), Mumbai recording minimal launches during the quarter, according to PropEquity's latest report. ... Read more...

Palakkad tops in forest encroachment
Apr 2017 , by in News/Views

While the eviction drive in Munnar has been in the spotlight for all the right reasons, the latest forest data shows that Palakkad has lost more forest land than in Munnar through encroachment. Palakkad district lost a total of 3,819.75 hectares forest land with Manarkkad forest division alone lo... Read more...

Tata Housing plans to expand in Africa
Apr 2017 , by in News/Views

Tata Housing announced its plans to expand in the African region. The company said it recently signed an MoU with the National Housing Corporation (NHC) and a private real estate firm to develop more than 4.5 million sq. ft. of mixed-use township across Kenya and Tanzania. The two mixed-use devel... Read more...

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