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#WeeklyRoundUp: Akrama Sakrama May Now Cover Properties Built After October 2013

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With the view to achieving the target of Housing For All by 2022, the Centre has simplified the environmental clearance processes for building projects in the country. The move allows smaller projects to meet environment conditions through a 'self-declaration' process while the bigger projects need not seek prior green approvals before embarking on construction activity.

Following the Karnataka High Court's dismissal of all pleas against the Akrama Sakrama scheme, the government is now mulling including properties constructed after October 19, 2013, for regularisation. At present, only properties constructed before October 19, 2013, are eligible for regularisation. Now, the government will have to reset the time frame of buildings termed illegal till a very recent date and then issue orders accordingly.

The Andhra Pradesh government has decided to turn six municipal towns into smart cities. The state cabinet gave its nod to transform Srikakulam, Eluru, Ongole, Nellore, Kurnool and Anantapur into smart cities. Visakhapatnam, Kakinada and Tirupati have already been selected for the Smart City project of the Union government.

Shapoorji Pallonji Group's real estate arm SP Real Estate expects its residential portfolio to reach 20 million sq ft over the next six years in cities like Chennai, Bengaluru, Pune, Noida, Gurgaon and Mumbai. The company has joined hands with investors for its affordable housing 'Joyville' projects. The first such project is coming up at Howrah in Kolkata.

Tags: Housing for all, Video, Andhra Pradesh, propguide, Demonetisation, Shapoorji Pallonji Group, Karnataka High Court


#Budget2017: Must Address Persistent Ambiguities Related To GST & Applicable Tax Rates For The Sector, Says Supertech's R K Arora

The real estate sector is currently in a recovery phase after a prolonged slowdown and the recovery has not been quite satisfactory, this makes the Union budget 2017 critical to the successful recovery of the sector.

January 18 2017

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#Budget2017: Self-Employed & Those Without An HRA Component Eager to Be Addressed

India's self -employed workforce as well as those who do not have an HRA component in the lump sum that they get from their workplaces is looking forward to Budget 2017. Their only demand being a rational look at the amount that is allowed for exemptions.

January 19 2017

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#Budget2017: Regulation Of Construction Material, Reducing Construction Cost Are The Key Areas To Focus On

Housing for All by 2022, act as a major driver for the upliftment of construction industry. in the upcoming Union Budget 2017, any policy announcements in infrastructure and industries will directly benefit the construction industry too, which is at present seems positive.

January 19 2017

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#Budget2017: Top 5 Wishes On A Real Estate Developer's Mind

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January 17 2017

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#Budget2017: 5 Things Real Estate Allied Sectors Are Expecting

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January 16 2017

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Is NCR Losing Out To Mumbai, Bengaluru, Pune?

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?

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5 Creative Eco Resorts Around The World

If luxury housing are eco-friendly then what else could you want? It's like having your cake and eating it too!

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#RealtyNewsRoundup: Apartments Under Rs 10 Lakh To Beat Demonetisation Impact [Video]

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

February 17 2017

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