#RealtyNewsRoundUp: Proptiger.com, Housing.com Merge To Become India’s Largest Online Real Estate Company
PropTiger and Housing.com have come together to Become India’s Largest Digital Real Estate Company. The joint entity will be led by PropTiger CEO Dhruv Agarwala, and both brands will continue to run as separate entities.
Maharashtra housing department has received 650 objections and suggestions to its draft rules for the implementation of the Real Estate Regulatory Authority (Regulation and Development) Act (RERA). The rules are requisite to implementing the RERA Act.
The Supreme Court has issued a notice to the Delhi government on the plea of the central government in connection with the circle rate issue in the national capital. The Delhi High Court had in August 2015, refused to stay a Delhi government's notification that tripled circle rates of agricultural land in the national capital.
After receiving just one bid for the development project of Navi Mumbai International Airport (NMIA), CIDCO has extended the deadline for submission of financial bids to January 25. GVK Group was the only qualified bidder to submit its bid, forcing Cidco to set a fresh deadline, for the Rs 16,700 crore project.