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#RealtyNewsRoundup: Navi Mumbai Airport Gets Final Approval

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

The Forest Advisory Committee of the Environment Ministry has given forest clearance to the Navi Mumbai Airport. Impressed with the presentation of the City and Industrial Development Corporation of Maharashtra (Cidco), the central government gave the final approval to the Navi Mumbai Airport. The Cidco had argued that the Navi Mumbai Airport complies with the 35 conditions the Environment Ministry laid down in 2013. Read more.

'Law will ensure even smaller buildings meet green norms'

The environment ministry said in a statement to an English daily that the while granting building permissions, the law will ensure that even the smallest buildings meet environmental standards. Earlier, buildings of floor area between 5,000 and 20,000 sq mt were not under the ambit of law. Read more.

Delhi govt writes to Centre, wants higher FAR

Delhi PWD Minister Satyendra Jain wrote to Union Urban Development Minister Venkaiah Naidu saying that the Delhi Development Authority (DDA) a change in the Transit Oriented Development (TOD) policy to help real estate developers.  According to the transit-oriented policy, real estate developments near transit corridors will be granted a higher Floor Area Ratio (FAR). Read more.

Centre pledges Rs 273 cr to build smart grid in Gurgaon 

The central government committed a grant of Rs 273 crore to build a smart grid in Gurgaon. When the construction is completed, Gurgaon will become India’s first city with a smart grid which will reduce blackouts and help cut power bills and generate solar energy. Read more.

Tags: Gurgaon, Delhi Development Authority, Video, solar energy, CIDCO, Venkaiah Naidu, propguide, Navi Mumbai airport, building permissions

#RealtyNewsRoundup: Urban Development Ministry Plans To Clear AMRUT Projects Worth Rs 25,000 Crore This Month

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

October 13 2016

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The National Capital Region, for very long, has been the largest residential real estate market in India. But, is NCR losing out to Mumbai, Bengaluru and Pune?

November 10 2015

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PropTiger Q2 Report FY'16: How North India's Hottest Real Estate Markets Fared In Q2’FY16

PropGuide compares the residential real estate markets of Noida (including Greater Noida and Yamuna Expressway) and Gurgaon (including Bhiwadi, Dharuhera and Sohna) head-to-head.

November 10 2015

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Unsold Inventory: Learnings From PropTiger Q2 Report FY'16

Unsold inventory in major Indian cities have been declining, quarter by quarter.

November 10 2015

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DDA To Auction Vacant Land Parcels. Why This Matters

The Delhi Development Authority has decided to auction land parcels in densely populated areas of the city to protect its vacant land parcels from encroachment. PropGuide on why is this important.

October 12 2015

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6 Emerging Real Estate Destinations For NRIs

PropGuide looks at some of the emerging real estate destinations for NRIs in India.

August 27 2015

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A 'Smart' Way For NRIs To Enter Indian Realty

For non-resident Indians, who have largely been investing in residential properties in here so far, the Government’s smart city project could be a great opportunity.

August 26 2015

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6 Reasons Gurgaon Is The Investment Hub For NRIs

NRIs from the US, Canada and the Middle East have been showing a keen interest in upcoming properties in Gurgaon.

June 05 2015

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

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