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Hilton Keen To Set Up Hotel In Bengaluru’s Whitefield

Hotel operator Hilton Worldwide said it is looking to set up more hotels in Bengaluru, encouraged by the demand from corporates during the weekdays. Whitefield is one of its preferred choices for the next property, given the cluster of technology companies operating...

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ANAROCK Seeks Industry Status For Realty Sector In Budget

The government should reduce GST rate on under-construction properties, implement single-window clearance for real estate projects and give industry status to the entire sector, property consultant ANAROCK said in its budget wishlist to boost demand. It also demanded...

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Hyderabad Real Estate Sector Picks Up After 2-Year Lull

After a two-year lull due to demonetisation and resultant slowdown, the real estate sector in and around Hyderabad has picked up. Displaying strong signals of revival, the stamps and registration department reported a revenue of 429.99 crore for December, the highest...

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China Land Minister Pledges New Residential Supply: Xinhua

China will seek new sources of residential land supply and the government will gradually withdraw from being the sole provider of these plots, the state news agency Xinhua reported. Authorities will work on plans to let non-real estate companies build residential...

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Ending Years Of Tussle, Up Hands Over Alaknanda To U’khand

Months after the Supreme Court pulled up the governments of Uttar Pradesh and Uttarakhand for “fighting” with each other “like children” over the ownership of a resort located in Haridwar, UP formally handed over the ownership of Hotel Alaknanda to the hill state on...

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Goa RERA Registration Portal Launched

Nearly six months after the Goa Real Estate Regulatory Authority (RERA) was appointed and about 45 days after the Goa Real Estate (Regulation and Development) Act rules were notified in the state, the ministry of urban development launched the registration portal on...

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Bhopal’s Last Nawab Properties Back In Focus

With Union home minister Rajnath Singh on Monday directing expeditious notification of the rules of Enemy Property Act 2017, the status of over 131 alleged ‘enemy properties’ belonging to the last Nawab of Bhopal and his elder daughter Abida Sultan has come back into...

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No Power If Layout Plan Unapproved : BDA To Uppcl

The Bareilly Development Authority (BDA) has written a letter to the power department, asking them not to give connections to any residential building, educational institution, commercial establishment, private hospital or a nursing home, if their building layout is...

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RERA Will Bring Back Sales In Realty Market, Say Experts

If the year 2017 was “challenging and remarkable” for the real estate industry due to various changes like demonetization, Rera and GST, then 2018 will hold “promise and growth” as things become more transparent and smoother for realty. This in a nutshell summed up...

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Strict Conditions Stall Taj Mansingh Auction

New Delhi Municipal Council (NDMC) has indefinitely deferred the auctioning process of Taj Mansingh to rework the bid conditions for the property. Under the existing conditions, only a handful of hospitality players like ITC, Oberoi and Taj could have bid for the...

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10 More Smart Cities To Be Announced Soon : Hardeep Puri

The names of 10 more cities to be funded under the Centre's flagship Smart City Mission will be announced soon, Union Minister Hardeep Singh Puri said on Tuesday. The housing and urban affairs ministry has till now announced the names of 90 cities that the government...

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Now A Unique Id For Properties In Bengaluru

It is no longer the postal address. In a first in India, each property in Bengaluru will have a digital address in about two weeks in keeping with the city’s image as the nation’s technology capital. The BBMP, which is working on this ambitious project in...

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