Haryana Real Estate Regulatory Authority (RERA), Gurugram Chairman K K Khandelwal on Tuesday said its prime objective is to regulate the realty sector without hampering development and asked builders to comply with orders passed by the regulator. Khandelwal noted that the authority has given ample amount of time to builders to comply with orders and has so far not taken any harsh decisions.
Haryana State Pollution Control Board (HSPCB) Chairman P Raghavendra Rao on November 29 urged the National Real Estate Development Council (NAREDCO) to come up with a model code for pollution control so that feasible construction (read, non-polluting) activities are not banned by the government during winters when pollution levels shoot up to alarming levels.
Homethon Property Expo 2022, the first ever Property Expo organized by The National Real Estate Development Council (NAREDCO) Maharashtra at the Jio Convention Centre has proven to be a massive success. The 3-day initiative witnesses over 50,000 homebuyers scouting for their dream home from over 10,000 projects displayed by over 100 developers of Maharashtra.
Owning a home has been considered among the prime cornerstones of our culture and is also one key pillar of the popular trinity “roti, kapda aur makaan”, primarily for the financial security it provides along with a sense of accomplishment, making the Indian residential real estate one of the largest markets in the world.
The family of chairman and managing director of Symphony Limited, Achal Bakeri, has bought a luxury apartment in Mumbai for Rs 72.85 crore, documents accessed by Zapkey.com showed.
The property was registered on September 27.
A mansion built on Dubai’s Palm Jumeirah island has become the most expensive home to be sold in
the Persian Gulf emirate, the latest real-estate record as the city’s luxury property sales surge.
Maharashtra Realty that counts music composer and singer Bappi Lahiri’s daughter Rema Lahiri as a director, has sold its property including half an acre land parcel and a ground plus three-storey building in Mumbai’s plush Worli locality for Rs 40 crore.
Realty developer Harbour Front Properties LLP, which is part of the Avighna Group, has acquired the property and is planning to redevelop the same.
Realty firm Ashiana Housing on Monday said it will invest Rs 92 crore to develop the first phase of its senior living new project at Bhiwadi in Rajasthan. The company has launched a new project 'Ashiana Advik', which is meant for senior citizens, in Sector 39, Bhiwadi.
NRIs can buy all sorts of properties in India except an agricultural land, farm house or a plantation property. However, to either of those exempted property types in India, they have to get approval from the Reserve Bank of India (RBI) and the government.
Real estate sales across India’s top seven markets have recorded a quarterly growth of 4% during September quarter, boosted by an improvement in homeownership sentiment post pandemic, according to real estate services firm Anarock. On a year-on-year basis, this growth surged 41%.
