Chennai: Chengalpet residents flag civic woes – ET RealEstate

CHENNAI: Protection of Palar river, conservation of water bodies and high property taxes were issues raised by residents of Chengalpet as a public hearing on bringing the entire district under the Chennai Metropolitan Area (CMA). Farmers, residents welfare associations, traders and elected representatives participated in the meeting called by the Chennai Metropolitan Development Authority (CMDA) […]

Jewar airport’s builder to pay Rs 10 lakh per day for delay – ET RealEstate

GREATER NOIDA: A penalty of Rs 10 lakh a day will be imposed on the concessionaire building Noida international airport if it exceeds the deadline of September 29, 2024. A day after the airport project was launched by the PM, officials said when the concessionaire, Zurich AG, and the UP government had signed the final […]

Greater Noida announces cleanliness survey for housing societies – ET RealEstate

GREATER NOIDA: The Greater Noida Authority will hold an internal, competitive cleanliness survey on the lines of Swachh Survekshan. Residential societies, which are bulk waste generators, coming first will get a prize of Rs 2 lakh, while those bagging the second and third spots will get Rs 1.5 and Rs 1 lakh, respectively. While the […]

Andhra Pradesh looks to implement eco-Niwas programme in housing scheme – ET RealEstate

VISAKHAPATNAM: The AP government has proposed to implement eco-Niwas Samhita programme in 28.3 lakh houses under its housing scheme to save energy. The eco-Nivas Samhita is a programme under Indo-Swiss partnership. The Bureau of Energy Efficiency (BEE) is promoting the concept. Ajay Jain, special chief secretary for housing, said energy efficiency building designs will be […]

Housing market trends fuel single-family home rental growth – ET RealEstate

LOS ANGELES: Homebuilders and other real estate companies are increasingly betting that would-be homebuyers frustrated with a shortage of homes for sale and runaway prices will settle for renting their slice of the American Dream. While individual homeowners and mom-and-pop investors still account for the vast majority of single-family rental homes, homebuilders have stepped up […]

Simpliwork Offices to invest Rs 650 crore by 2023 – ET RealEstate

NEW DELHI: Bengaluru-based Simpliwork Offices, partnered with Salarpuria Sattva Group, plans to invest Rs 650 crore over the next two years to capitalise on the accelerated market demand for flexible enterprise spaces following the pandemic, the company said in a media release. It claims to have witnessed run rate of Rs 300 crore and a […]

Housr aims to expand in Pune, Bengaluru and Chennai – ET RealEstate

NEW DELHI: Housr, a co-living space provider, aims to expand in Bengaluru and Chennai in the next quarter. It also aims to launch 6-8 new properties in Pune by 2022, the company said in a media release. It recently unveiled its co-living space in Wakad, Pune. The rentals here range from Rs 12,000-17,000 for twin […]

DDA to launch new housing scheme, offer nearly 15,000 flats – ET RealEstate

Representative Image NEW DELHI: The DDA will offer nearly 15,000 flats in its new housing scheme, officials said on Wednesday. The flats of different categories located at Dwarka, Narela, Rohini and Jasola, among other places will be offered under this scheme and are those which remained “unsold in previous housing schemes” of the urban body, […]

ArcelorMittal Nippon Steel leases office space in BKC for India headquarters – ET RealEstate

ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between two of the world’s leading steel manufacturers, has picked up two floors of prime office space in Mumbai’s business district Bandra-Kurla Complex to set up its headquarters in the country, said people with direct knowledge of the development. AM/NS India, which is 60% owned by […]

Gurugram: 1,500 illegal structures razed, three-acre land cleared along Golf Course Road – ET RealEstate

File photo GURUGRAM: The enforcement wing of Haryana Shahari Vikas Pradhikaran (HSVP) on Tuesday razed around 1,500 jhuggies and shops to clear around 3 acres of land on Golf Course Road amid protest. The HSVP is yet to clear another 4-acre land at this location. The authority, according to an official, is planning to carry […]