February 2024

Canada on Sunday announced a two-year extension to a ban on foreign ownership of Canadian housing, saying the step was aimed at addressing worries about Canadians being priced out of housing markets in cities and towns across the country. A home for sale in Toronto, Ontario, Canada. (Bloomberg) Canada is facing a housing affordability crisis, which has been blamed on an increase in migrants...

The National Clean Air Plan identifies 131 Indian cities that have failed to meet the national standards. Many are doing important things to get off this list. Lucknow has managed road dust with paving and Ghaziabad monitors road repairs. Delhi, the world’s most polluted city, has just announced it will set up 100 construction and demolition waste (malba) plants across the city, thanks to the...

Independent real estate consultancy Anarock has announced an investment of around ₹200 crore from 360 ONE Asset Management Limited, an alternate asset manager, to enhance its tech infrastructure, accelerate its expansion, and introduce innovations. Independent real estate consultancy Anarock has announced an investment of around ₹200 crore from 360 ONE Asset Management Limited, an alternate...

Stellar gains in the previous session in addition to stronger-than-expected US jobs data for January prompted investors to refrain from placing aggressive bets in the market. Source link...

Karnataka’s plan to fix prices for Uber-Ola cabs is going to boomerang badly Prices act as an incentive and as a signal. If price controls were bad enough in distorting the market mechanism, fixing prices is many shades worse. There will be shortages and excesses in the market as price signals no longer work....

Stellar gains in the previous session in addition to stronger-than-expected US jobs data for January prompted investors to refrain from placing aggressive bets in the market. Source link...

The developer of the Chintels Paradiso condominium in Gurugram’s Sector 109 has given homeowners the offer to reconstruct all nine towers and extended the option of buying back the apartments to owners in Towers A, B, and C, which are deemed safe and not slated for demolition, officials familiar with the development said on Saturday. Chintels Paradiso condominium has nine towers with 532...

Play is crucial for children’s happiness and well-being, for them to develop motor skills, for their cognitive and emotional development, and for them to understand their environment, believe experts. Restricting play opportunities can negatively impact children’s life experiences and physical and mental health, they say. The play masterplan in Jabalpur aims to bring in some structural...

The department of town and country planning (DTCP) on Thursday issued a long-awaited clarification regarding the charging of maintenance fees from allottees of affordable housing projects in the state. The department has outlined the mandatory services for which the some expenses have to bore by the builder and some by the allottees. The Punjab and Haryana High Court in March last year directed the...

The Ghaziabad development authority (GDA) board on Thursday adopted the amendments to the building by-laws that were notified in November by the Uttar Pradesh housing and urban planning department, authority officials said. . The provision of stilt for parking will pave way for resolving parking issues and discouraging on road parking which often prove inconvenient for commuters (Sakib Ali/HT...