Loan taken to purchase land cannot be part of “Estimated Project Cost” under RERA

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By Dr Sanjay Chaturvedi, LLB, PhD Estimated construction cost which will decide the penalty and as well as 70% escrow account withdrawal included cost of land, construction cost, overheads, interest, cess, taxation etc but do not include any amount or cost of loan / private funds and interest thereof. In ascertaining the cost of completion of percentage More...

by Staff Reporter | Published 2 days ago

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By Staff Reporter On Saturday, April 22nd, 2017
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If 51% “BOOKING” done then builder must do conveyance under new RERA Rules in Maharashtra

By Dr Sanjay Chaturvedi, LLB, PhD On 20th April, Maharashtra Government notified new RERA rules to regulate Real Estate Industry as directed by Central Government. Under new RERA Rules Builders are duty bound to More...

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By Staff Reporter On Friday, April 21st, 2017
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Maharashtra govt may lease out encroached Wakf plots

  By Accommodation Times Bureau The State Government , blighted by the monolithic encroachment on Wakf Board Plots, has now on the ledge of leasing the plots and thinking of utilizing this revenue in developing More...

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By Staff Reporter On Friday, April 21st, 2017
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More done to house urban poor in 3 years than was done in 10 years: Venkaiah Naidu

By Accommodation Times Bureau Thrust, scale of financing, speed and scale of approvals prove ‘Government with a difference’ says Minister Affordable housing projects coming up on private lands too to be More...

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By Staff Reporter On Thursday, April 20th, 2017
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State Can Borrow Directly From Foreign Agencies For Infrastructure Projects

  By Accommodation Times Bureau The important decision of giving an allowance to state entities ,to borrow  the funds for infrastructural projects , directly from overseas lending agencies ,is being taken More...

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By Staff Reporter On Thursday, April 20th, 2017
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Maharashtra Government’s Environment Cell : Ready To Give Green Signal To Green Shelters for Building Plans.

By Accommodation Times Bureau Maharashtra government has planned to set up Environment cells in all municipal corporations and councils to grant environment clearances for building proposals, more than 1,50,000 More...

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By Staff Reporter On Thursday, April 20th, 2017
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Godrej Properties ties up with GRIHA for Green Rating of projects

New Delhi, 19 April 2017: Key real estate player Godrej Properties recently signed an MoU with GRIHA Council for implementation of Green Building concepts and GRIHA Rating variants for its NCR projects. As part More...

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By Staff Reporter On Thursday, April 20th, 2017
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NET ABSORPTION DROPS BY 27% IN Q1 2017 Y-O-Y TRIGGERED BY A NOSE-DIVE IN SUPPLY: CUSHMAN & WAKEFIELD

        By Accommodation Times Bureau      Bengaluru records the steepest decline of 69% from Q1 2016 Office supply declined by 60%   India, April 20, 2017 –Net absorption declined 27% to More...

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By Staff Reporter On Thursday, April 20th, 2017
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Now BMC Chief to have power to override land use

  By Accommodation Times Bureau A provision proposed in the draft Development Control and Promotion Regulation (DCPR) has given discretionary (special) powers to the municipal commissioner (MC) to change the More...

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By Staff Reporter On Thursday, April 20th, 2017
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137 crore facelift for LBS Marg

  By Accommodation Times Bureau A section of one of the most important thoroughfares of the eastern suburbs – Lalbahadur Shastri Marg (LBS) – will soon get a much-needed facelift. On Wednesday, the Brihanmumbai More...









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