November 2024

GREATER NOIDA: The Gautam Budh Nagar district administration has called upon Apartment Owners Associations (AOAs) and Residents Welfare Associations (RWAs) to comply with the newly implemented UP Lift and Escalator Act, 2024, and the UP Lift and Escalator Rules, 2024, administrative officials said on Monday. The Act, that came into effect on September 25, 2024, aims to regulate construction,...

NOIDA: The Noida authority has been able to spend only ₹3.4 crore out of ₹30.9 crore collected in penalty from polluters since 2021-22. The fund was to be spent on measures to mitigate the air pollution, revealed a right to information (RTI) Act application reply. In its reply, the authority revealed that only 11 percent of the fund is spent and the rest remains to be used for measures to...

GREATER NOIDA: The Yamuna Expressway Industrial Development Authority (Yeida) has finalised the blueprint for constructing New Agra Urban Centre to be developed along the 165km Yamuna Expressway that connects Greater Noida with Agra. The New Agra will be developed on the agricultural land of 60 villages in the Etmadpur tehsil and will be divided into four key areas—industry, environment,...

Union Minister Piyush Goyal on November 25 urged real estate developers to adopt environment-friendly construction techniques and suggested that CREDAI set up a team to study the adverse impact of construction activities on air quality of 20 major cities. Union Minister Piyush Goyal on November 25 urged real estate developers to adopt environment-friendly construction techniques "I had asked...

Real estate body CREDAI, which is celebrating its 25th foundation day, has said the cap on affordable housing be increased from ₹45 lakh to ₹75- ₹80 lakh and suggested that 1% GST be charged on under construction housing units priced in the range of ₹75 to ₹80 lakh. The government should charge 1% GST on under-construction housing properties, costing up to ₹75-80 lakh each, to boost...

Standing atop the terrace of a 13-storey tower in sector G7 in Narela – a vast expanse of seemingly endless rows of residential high-rises – a sense of desolation and melancholy is inescapable. In this 184-acre area, people are a rare sight. The silence is punctuated only by barking dogs or the occasional hum of passing vehicles and e-rickshaws from a nearby road. Newly constructed DDA...

Nov 25, 2024 01:01 PM IST Zerodha's Nithin Kamath proposes linking property prices to air and water quality to combat pollution in India. Zerodha co-founder Nithin Kamath has shared a radical idea of linking property prices with air and water quality to help keep the pollution levels down. Zerodha co-founder Nithin Kamath argued that "a property price discount" for the quality of...

South Indian cities such as Chennai, Coimbatore and Bengaluru have emerged as the epicenter of the country's senior living boom, commanding almost 60% of the market share of the overall 20,000 housing units currently available under the segment compared to North Indian cities that comprise 20% share, the West 16% and the East just about 4%, a report by JLL and the Association of Senior Living India...

The real estate sector hopes that the new government in Maharashtra will focus on policies that will foster growth and investment in the state such as faster clearances for projects, an impetus to affordable housing, priority to slum rehabilitation and redevelopment projects and work towards a reduced stamp duty structure. Maharashtra election results 2024: The real estate sector hopes that the...

(Bloomberg) -- Dubai’s transformation into one of the world’s hottest property markets is increasingly pricing out buyers, leading to a revival of interest in real estate investment trusts and prompting many to turn to fractional ownership apps that require as little as $136 in payments. Dubai’s transformation into one of the world’s hottest property markets is increasingly pricing out...