PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundup: Contest For Third Set of Smart Cities To Be Held In March 2017

Loading video...

Description

Realty News Roundup is PropGuide’s selection of the day’s top stories from the real estate sector.

Bihar state capital Patna and other six cities that failed to make a cut in the two rounds of the Centre’s Smart Cities list will compete in the third round of that will be held in March next year. The Union Ministry of Urban Development has said that all the cities competing in the third round will have to finalise their draft papers by March 9. A state-level steering committee will approve the proposal on March 25, after which they will be sent to the Centre.

Real Estate Development body NAREDCO has demanded tax relief, along with an increase in land supply, for the development of affordable homes to achieve the government’s objective of Housing for All. NAREDCO, in association with the Asia Pacific Real Estate Association (APREA), organised a two-day Real Estate and Infrastructure Investors Summit-2016 in Mumbai which stressed on public-private partnership at various levels.

Redevelopment of residential colonies at West Ansari Nagar and Ayur Bigyan Nagar Campuses of the All India Institute of Medical Sciences (AIIMS) has been approved by the Union Cabinet. The National Buildings Construction Corporation Ltd will undertake the redevelopment project, which is likely to cost Rs 4,441 crore, including the maintenance and operation costs for 30 years. The project is expected to be completed in five years.

The Sabarmati Riverfront Development Corporation Limited (SRFDCL) has announced that it will start the media planning and public relations activity for the sale of development rights of some plots on the Sabarmati riverfront. The body seeks expression of interests from publicity companies for a pan-India campaign for the announcement of sale ahead of the Vibrant Summit to be held in January.

Source: Media reports

Tags: NAREDCO, Redevelopment, Video, National Buildings Construction Corporation, NBCC


#WeeklyRealtyNewsRoundup: Circle Rates Hike In Noida To Be Restricted To Premium Areas

Here are the week's top news stories from the real estate sector.

July 30 2016

+ Click Here To Read This Article

Tracking The Price Trend At Soon-To-Be Smart City Ghitorni

In the works is a plan to develop 240 acres of land at Ghitorni with smart city features. Under the plan, the CPWD will construct 6,500 residential units for government staff and office space for state-run companies. Additionally, the NBCC would develop 500 residences and commercial space for private parties.

June 23 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Haryana Passes Gurgaon Metropolitan Development Authority Ordinance

Here are today's top stories from the real estate sector.

June 05 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Govt To Construct 12 Lakh New Houses Under PMAY-Urban

Here are today’s top stories from the real estate sector.

May 23 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: SBI Cuts Home Loan Interest Rates

Here are today’s top stories from the real estate sector.

May 09 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Kingfisher Villa Sold For Rs 73 Cr To Viiking Media

Here are today’s top stories from the real estate sector.

April 10 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Land Acquisition Process Begins For Gurgaon-Jaipur Super Expressway [Video]

Here are today’s top news stories from the real estate sector.

March 22 2017

+ Click Here To Read This Article

#RealtyNewsRoundUp: Alternative Link Roads To Connect Gurgaon With Delhi [Video]

Here are today’s top news stories from the real estate sector.

January 09 2017

+ Click Here To Read This Article

Here are the day's top stories from the real estate sector.

PropGuide speaks to Shubika Bilkha, business head, The Real Estate Management Institute- REMI, to...

When we speak of affordable homes in the national capital region the first name that pops in our...

Being an industrial city, Vadodara has a great job concentration. With newer developments, the...

Service tax is payable only on property purchase directly from developers and is not required in...

The Goods And Services Taxes has clearned a proposal to charge a cess of 15 per cent on luxury cars...

A look at five premium localities in India’s information technology capital, Bengaluru.

Noida offers a perfect blend of residential apartment societies, luxury villas and commercial...

A building code is a set of norms that govern construction of buildings by stipulating minimum...

PropGuide simplifies complex real estate jargons for you.

Prime lending rate is the interest rate at which banks lend to its most credit worthy...

Proptiger has released it's quarterly review report on India's real estate sector. Ankur Dhawan,...

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query Here


Top