Initially, several developers declined to abide by the code of conduct laid down by CREDAI. Following this, the association has expelled several developers, while some have resigned discontinuing their involvement with the organisation. Opposing the se…
Archive for the ‘Real Estate Developers’ Category
CREDAI and builders’ rift over code of conduct
Posted by propertyagentsindia on May 20th, 2012
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Ansal Megapolis Plots 9999684905, Buy/Sell Ansal Megapolis Plots Greater Noida
Posted by propertyagentsindia on May 19th, 2012
Ansal Group coming up with Ansal Megapolis Plots at Greater Noida.
Panchshil Realty buys back PE firms’ stakes in 3 projects for over Rs 720 cr
Posted by propertyagentsindia on May 18th, 2012
BANGALORE|MUMBAI: Pune-based Panchshil Realty has bought back private equity firms Merrill Lynch and IREO’s stakes in three of its projects for over Rs 720 crore, at least three persons familiar with the development said. Panchshil has acqui…
Lodha Group, US PE offer Rs 2,900 cr for DLF plot
Posted by propertyagentsindia on May 18th, 2012
NEW DELHI|MUMBAI: India’s biggest real estate firm DLF, which is looking to offload non-core assets to pare debt, has received offers of Rs 2,900 crore for its 17-acre plot in Mumbai’s Lower Parel area. A senior executive, who did not …
Union cabinet approved 7.4K cr road plan in Naxal Areas
Posted by propertyagentsindia on May 18th, 2012
By Accommodation Times Bureau
On this Thursday Union cabinet has sanctioned the 7463 crore for the construction of road plans in Naxal affected areas.
However, answering to query asked in Rajya Sabha Jitin Prasada, the Minister of State for Road Transport& Highways said that, many road development projects in naxal affected areas have not been completed. The [...]
Complaints against construction of Highways increased in last 3yrs
Posted by propertyagentsindia on May 18th, 2012
By Accommodation Times Bureau
There are systems in place to address the representations and complaints by users. According to the report received from sources, in the last three years across the country complaints against the construction of National Highways has increased. As per the stats from 2009 to 2012 complaints raised from 20 to 30. Reports [...]
Rajiv awas Yojna launched to make country slum free
Posted by propertyagentsindia on May 18th, 2012
By Accommodation Times Bureau
In pursuance of the Government’s vision of creating a Slum-free India, In June 2011 has launched ‘Rajiv Awas Yojana’ (RAY).
The Phase I of Rajiv Awas Yojana is for a period of two years from the date of approval of the scheme. The Scheme will provide financial assistance to States including Delhi, that [...]
Petition filed in HC seeking implement property tax ULB level reforms
Posted by propertyagentsindia on May 17th, 2012
By Accommodation Times Bureau
Mumbai: The Bombay High has received a petition following to seeking to the Brihanmumbai Municipal Corporation (BMC) to implement the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) property tax Urban Local Body (ULB) level reforms filed by the Thane based political party.
The petition has been filed by Rajendra Phanse, general secretary [...]
Figures of urban housing shortage stood at 26.53 million
Posted by propertyagentsindia on May 17th, 2012
By Accommodation Times Bureau
The Minister for Housing and Urban Poverty Alleviation Kumari Selja has said that National Building Organization (NBO), an attached office with the Ministry of Housing and Urban Poverty Alleviation has constituted a Technical Group in September 2011, to assess the housing shortage during Twelfth Five Year Plan (2012-17). The Committee has [...]
State to provide additional fund for affordable housing projects in Gujarat
Posted by propertyagentsindia on May 17th, 2012
By Accommodation Times Bureau
Under the Basic Services to the Urban Poor (BSUP) Programme and the Integrated Housing and Slum Development Programme (IHSDP) of Jawaharlal Nehru National Urban Renewal Mission (JNNURM), land cost is not financed except for acquisition of private land for schemes/ projects in the North Eastern States & hilly States, viz., Himachal [...]
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