About 3.23 lakh homes under rural scheme ready: Maharashtra CM – ET RealEstate

File photo MUMBAI: Maharashtra Chief Minister Uddhav Thackeray on Tuesday said 15 lakh people had benefited from 3.23 lakh homes built since November last year as part of a state rural development department scheme. Speaking at the virtual inauguration of Maha Aawas Abhiyan-Rural, Thackeray said the state rural development department had set a target of […]

Pune civic body owned flats to be sold to tenants – ET RealEstate

PUNE: The city improvement committee (CIC) of the Pune Municipal Corporation (PMC) has approved a proposal to sell municipal corporation-owned flats to tenants. As many as 1512 flats will be sold in the first phase. The tenants are project-affected people, who have lost their properties due to land acquisition for various projects. They were given […]

Noida: NBCC offers 49 Amrapali flats, 20 sold – ET RealEstate

File photo NOIDA: State-backed construction company NBCC on Monday sold 20 of 49 flats from different projects of Amrapali through its website. Buyers had to fill a form and there were provisions for housing loans too. NBCC has a total inventory of around 5,000 flats in Amrapali projects. While 10 of the 11 flats that […]

Noida: Over 20,000 Jaypee buyers begin voting on NBCC, Suraksha bids – ET RealEstate

NOIDA: Homebuyers of Jaypee Wish Town have started voting to choose either Mumbai-based Suraksha or public sector company NBCC as the bidder of choice for the completion of nearly 20,000 flats. “A secure link has been sent to the buyers on June 12 evening. The buyers have the option of saying ‘Yes’ to one candidate. […]

Ashiana Housing signs development agreement to build senior living project in Pune – ET RealEstate

NEW DELHI: Realty firm Ashiana Housing on Monday said it will develop a 12-acre housing project for senior citizens in Pune. In a regulatory filing, Ashiana Housing informed that the company has “entered into development agreement for developing a residential project in Pune on revenue sharing basis”. The company, however, did not name the company […]

RWAs seek email nod to check rented flats in Kolkata – ET RealEstate

KOLKATA: Flat owners in New Town complexes who live away and have rented them out have been calling up the respective residents’ committees to find out if someone could go up to the apartments and talk to the tenants to check if everything was alright. The RWAs have been telling these flat owners that they […]

Telangana government to soon extend financial aid to build houses on own land – ET RealEstate

HDYERABAD: The TRS government will soon start extending financial assistance for construction of 2BHK units to those having residential plots. Finance minister T Harish Rao said this at the inauguration of about 56 2BHK houses in Gajwel assembly constituency on Sunday. These 2BHK units were built at a cost of Rs 3.72 crore. Providing financial […]

Aakash Educational’s founder buys farmhouse in south Delhi for Rs 96 crore – ET RealEstate

JC Chaudhary, the founder of Aakash Educational Services Ltd, has purchased a 5-acre farmhouse in south Delhi for around Rs 96 crore, three people aware of the deal said. Chaudhary’s purchase of Pushpanjali Farm at Bijwasan is his second big-ticket real estate transaction in the last two months and comes close on the heels of […]

Mumbai: With a new builder, hope for Juhu Anamika housing society residents – ET RealEstate

MUMBAI: Residents of Juhu Anamika housing society, stranded since 2010 after the builder demolished their building and then abandoned the redevelopment project, have finally found hope. A new developer, Parinee Group, has taken over the project and recently started construction work on a new 16-storey tower at Gulmohar Cross Road No. 10, JVPD Scheme. In […]

Mumbai: Two identical cases of delayed homes, two different verdicts! – ET RealEstate

MUMBAI: MahaRERA members have given two different orders concerning similar complaints of home buyers in Emerald Isle-T7 project of L&T located at Kurla. In an order passed this January, MahaRERA member B D Kapadnis directed the promoter to pay interest to six home buyers for delayed possession, while in another order passed this month, MahaRERA […]