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May 22, 2013

Property Plus

Delhi to get tout-free, seamless property registration system

Delhi to get tout-free, seamless property registration system The new system will replace the six-decade-old current system.

Delhi`s CP saw maximum 12% rise in retail rentals

Delhi`s CP saw maximum 12% rise in retail rentals The average monthly rentals of CP (inner circle) stood at Rs 725 per sq ft.

Centre hikes monetary assistance in housing for poor

Centre hikes monetary assistance in housing for poor Centre hiked by Rs 25,000 the monetary assistance under its housing scheme for the poor.

Delhi to get tout-free, seamless property registration system

Delhi`s CP saw maximum 12% rise in retail rentals

Centre hikes monetary assistance in housing for poor

Delhi to regularise all colonies on extended Lal Dora

Delhi to regularise all colonies on extended Lal Dora In a major initiative, the Delhi government has taken an "in-principle" decision to regularise all colonies which came up on extended Lal Dora land, benefiting lakhs of residents in rural areas of the city.

Singapore starts building Indian Heritage Centre

Singapore starts building Indian Heritage Centre Singapore on Wednesday started a USD 9.69 million buidling an Indian Heritage Centre which will showcase trades and culture of early Indian settlers in the city state when completed in 2015.

Errant builder told to pay over Rs.50 lakh to flat applicant

Errant builder told to pay over Rs.50 lakh to flat applicant Delhi Consumer Disputes Redressal Commission member Salma Noor and Member(Judicial) V.K. Gupta held R.S. Builtwell and its director guilty of deficiency in service and gave them time till April 30 to refund the entire cost of the 1,248.05 sq ft flat, with interest, and compensation to complainant Arun Patwal, a resident of Janakpuri in west Delhi.

Demand for office space to reach 30 mn sq ft this year: DTZ

Demand for office space to reach 30 mn sq ft this year: DTZ These emerging positive indicators are expected to help stimulate the real estate sector.

Seven additional lenders join credit guarantee scheme

Seven additional lenders join credit guarantee scheme With this, the total number of institutions which have subscribed to the Credit Risk Guarantee Scheme has gone up to 29.

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Upcoming Projects

Jain Group plans housing projects worth Rs 2,000 crore

Jain Group plans housing projects worth Rs 2,000 crore
Jain Group is planning to build affordable housing projects across four east Indian cities.

Godrej Properties to raise Rs 700 crore

Godrej Properties to raise Rs 700 crore
The issue is expected to be launched in the second quarter of this financial year 2013-14.

Unitech to develop luxury housing

Unitech to develop luxury housing
With the revival of sentiment in the property market, real estate major Unitech is investing over Rs 500 crore on developing a luxury housing project in Gurgaon.

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