Pune developer dies in road accident
Well-known developer Vimal Kumar Jain (63) and four others died on the spot when a speeding water tanker rammed into his Mercedes car after hitting a motorcycle at Nigdi on the Pune-Mumbai highway.
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Mantri sues BBMP for Rs 10 crore
The owners of the Mantri Mall have sued the BBMP for Rs 10 crore for ”illegal” demolition of the ramp of the mall and the consequent problems it had caused.
Court rejects bail for Apple realtors
The Ernakulam Principal Sessions Court on Thursday rejected the anticipatory bail plea of promoters of a real estate company who have duped hundreds of people of more than Rs.1 billion.
Realty Bill to hike operational cost by 10-15%
Introduction of the proposed real estate regulation Bill is likely to increase the cost of operations by 10-15 per cent, said Sreedhar Reddy, president of Andhra Pradesh Realtors Association.
Kamal Nath bats for no house without parking
With Indian cities gasping for parking space to keep pace with the soaring car population, Urban Development minister Kamal Nath wants to ensure that all new urban construction activity is accompanied with adequate parking facilities for vehicles.
Goa property exhibition to showcase 200 projects
For those searching for their home sweet home in Goa, there’s a treat in store this Akshaya Tritaya.
Kamal Nath promises less clearance hurdle for realtors
Union minister for urban development Kamal Nath on Thursday said the number of approvals a developer has to get will have to be cut down for faster and more efficient property development in the country.
Minister admits government missed real estate growth opportunities
Urban Development Minister Kamal Nath admitted today that “the government has not responded to the tremendous growth in the real estate sector in the last one decade appropriately”.
Chhattisgarh realtors agree to Code of Conduct
Real estate developers in Chhattisgarh are among the first to have agreed to follow code of conduct to ensure transparency in the dealings of the sector.
BBMP panel seeks action against errant lessees
A Bruhat Bangalore Mahanagara Palike (BBMP) committee has recommended strict action against the lessees holding Palike property who have violated the contract norms.