Goa: Soon, rebuild old house into new one with just panchayat nod – ET RealEstate

PANAJI: The state cabinet on Friday approved an amendment that would enable persons living in panchayat areas to construct new houses by demolishing their old house with the permission of just the panchayat and no other authority. The state has also decided to collect house tax from illegal houses constructed in the state, and for […]

TNSCB identifies two sites for new projects in Trichy – ET RealEstate

TRICHY: The Tamil Nadu slum clearance board (TNSCB) has identified two potential locations to construct housing units for accommodating around 4,000 families in Trichy. T M Anbarasan, minister for rural industries and slum clearance board along with municipal administration minister K N Nehru, inspected the new project sites being considered for a large scale housing […]

Over 260 new houses for sanitary workers in Madurai – ET RealEstate

MADURAI: Construction of a long-pending housing complex in Subramaniapuram for sanitary workers of the Madurai Corporation will begin soon with the civic body handing over the land to the slum clearance board to build 269 houses. The GO for this project was passed on February 18, 2011. Corporation has a total of 900 permanent sanitary […]

Vacant TNSCB houses to be given to people from BPL category: Tamil Nadu minister – ET RealEstate

MADURAI: More than 35,000 houses constructed under the Tamil Nadu slum clearance board (TNSCB) during the previous AIADMK regimes are lying vacant and steps are being taken to give them to the needy from the BPL category, minister for rural industries, T M Anbarasan has said. Speaking to reporters after a review meeting with officials […]

Telangana consumer forum directs Aliens Developers to refund money to flat buyers – ET RealEstate

Representative image HYDERABAD: In two separate judgments, the Telangana State Consumer Disputes Redressal Commission (TSCDRC) has directed Aliens Developers and its promoters — Hari Challa and Venkat Prasanna Challa — to refund Rs 18.5 lakh and Rs 15.87 lakh respectively to two aggrieved customers along with 9% interest for the last nine years. A bench […]

Uttar Pradesh CM assures Noida residents’ body of resolving homebuyers woes – ET RealEstate

File photo NOIDA | LUCKNOW: Uttar Pradesh Chief Minister Yogi Adityanath on Thursday assured of looking into and resolving issues faced by homebuyers in Noida and Greater Noida, a Gautam Buddh Nagar residents’ body said. Issues pertaining to registry of houses, development of sports facilities and medical infrastructure and delay in delivery of flats, among […]

Karnataka cuts stamp duty to 3% on apartments below Rs 45 lakh – ET RealEstate

BENGALURU: In a bid to revive reality sector in the state, Karnataka on Thursday decided to slash stamp duty on registration of apartments that cost Rs 35-45 lakh from five per cent to three per cent. Briefing reporters after the cabinet meeting, Law and Parliamentary Affairs Minister Basavaraj Bommai said that the stamp duty reduction […]

My Home Constructions to invest $2 billion in commercial project in Hyderabad – ET RealEstate

Hyderabad-based My Home Constructions, a premium real estate residential and builder, plans to invest $2 bn to develop India’s largest commercial project. The firm plans to develop a 25 mn sqft of office project in the financial district of Hyderabad apart from expanding its residential footprint. “The entire project will be funded through internal accruals […]

Guntur civic body to take over Kalpa apartments – ET RealEstate

GUNTUR: In what could be a big relief for inmates of Rajiv Gruha Kalpa apartments in the city, Guntur Municipal Corporation (GMC) has decided to take over the Rajiv Gruha Kalpa assets for better maintenance. The residents have been complaining that the Housing Board, which constructed the apartments, is not taking measures to resolve drinking […]

Mumbai records over Rs 4,000-crore luxury property deals in January-June period – ET RealEstate

Luxury property segment in Mumbai, the country’s most expensive real estate market, has witnessed buoyancy in the first half of the year as corporate honchos, CXOs, Bollywood stars and high networth individuals continued to lap up properties. Most of them have concluded their high-value transactions in the backdrop of the stamp duty reduction announced by […]