The much awaited and largely discussed Real Estate (Regulation & Redevelopment) Bill, pending since 2009, is finally been ready and the Government plans to introduce it in the winter session of Parliament after getting Cabinet approval.
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The infrastructure development and building approvals in Mira-Virar area came into sharp focus at the 1st AGM of the MCHI’s MVC Unit.
The Government has asked private real estate developers to participate in creating affordable housing stock and help in making India slum-free.
Union minister for housing and urban poverty alleviation Kumari Selja has said that the Centre is expected to bring the real estate regulator bill in the winter session.
CREDAI welcomed the BMC’s announcement that the redevelopment projects in the city will not be covered under new DC rules for levying extra premium on FSI for certain areas.
New building technology created by International Steel Structures (ISS), is ready to help reduce India’s housing shortage by being able to provide housing units with structural integrity in a matter of days from production.
Janaadhar Constructions, handed over the keys to home buyers of Janaadhar Shubha, its first affordable housing project targeted at the aspiring first-time home owner among the urban low income group.
An increasing number of Indian nationals working in Singapore are investing in properties in India and other countries, like Malaysia, London, Australia, Thailand and Singapore, according to a local media report.
Confederation of Real Estate Developers Association of India on Wednesday, August 10, said the property prices would surge if the draft Land Acquisition Bill proposed by the Rural Development Ministry came into force.