Category Archives: Newsletter

Since 18 March this year, the Department of Town and Country Planning-Haryana has uploaded on its official website a draft for affordable housing policy 2013. To read the draft, visit: http://tcpharyana.gov.in/   The intention behind such a draft is to …

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As per a report by Cushman & Wakefield, a global real estate consultancy, India ranked 20th in the world real estate investment market with a total investment volume of approximately $3.4 billion in 2012.   The report also forecasts that …

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The Indian property show which is to take place from March 29 to March 30 this year will have a special platform for members of Confederation of Real Estate Developers’ Association of India (CREDAI)- Maharasthra to present property options in …

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The new Energy Conservation Building (ECB) code is expected to be implemented from the first week of April.  As per the new code, all multi-storeyed apartments will be rated including commercial buildings, residential apartments, municipal buildings, industries, etc. The rating …

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Indiabulls Real Estate has collaborated with Doha bank to offer Non Resident Indians (NRIs) clients special realty offers. Besides promoting the bank’s Indian customers, part of this includes running complimentary home loan eligibility checks and special discounts on Indiabulls properties. …

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With few launches, high property prices and a lot of unsold inventories, some builders have adopted a strategy of availing discounts and reducing the sizes of apartments on offer. A few examples of huge property sales in the recent past …

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HCC Real Estate Limited, the real estate branch of Hindustan Construction Co. Ltd. plans to sell land parcels about 40 acres of land in Pune, nearly 28 acres of land parcel in Thane and around 55 acres of land in …

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  After a complaint was filed by Altaf Lakhdawala of Adorable construction company in the LT Marg Police station, a civil engineer employed in the company, Hizbur Rahman Ansari was arrested on the charges of forgery, breach of trust and cheating. …

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The Maharashtra State Consumer Disputes Redressal Forum ordered the builder who had proposed the development of Paranjape Nagar to pay a total amount of Rs 1.97 Cr. to complaints as compensation.   In this case, as many as 82 people …

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As per a tribunal order issued by the Income Tax Department, dated 7 July 2010, sale of similar flats in a building at drastically varied property rates are indicative of an underhand cash deal. In such a case, the Income …

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