MoU signed for development of WAQF properties as commercial projects in different states

By Accommodation Times News Services Memorandum of Understanding (MoU) was signed here today, between the National Waqf Development Corporation (NAWADCO) and the National Building Construction Corporation (NBCC), for developing the Waqf properties. Dr. Najma Heptulla, the Minister for Minority Affairs and Shri M. Venkaiah Naidu,the Minister for Urban Development were also

External Commercial Borrowing (ECB) will bring cheaper funds for Slum Redevelopment, Housing Finance and Low cost housing

Accommodation Times News Services External Commercial Borrowings (ECB) will bring in cheap funds into Real Estate Sector. The much awaited Union Budget announcement was notified by RBI in its circular dated 17th dec where the Apex Bank had opened the gate for cheaper funds from international financial market. RBI/2012-13/339 A.P. (DIR Series) Circular

Development of surplus railway land for commercial purposes

So far, 135 sites have been entrusted to the Rail Land Development Authority (RLDA) of Ministry of Railways for development of vacant railway land. These are; Adilabad, Aurangabad, Ajmer (2 sites), Amritsar (2 sites), Ballyghat, Bangalore City, Bansdroni station, Bareilly city, Belgharia, site between Central Station and M.G. Road, sites

New Land Policy For Development & Infra

By Accommodation Times Bureau NEW DELHI The Ministry of Housing and Urban Affairs vide Notification S.O. 5220(E) dated October 11, 2018, has notified the modified land policy.  The policy would be applicable in the urbanisable areas of urban extensions in 95 villages of Delhi. The policy replaces the earlier policy notified in

Urban development to boost Raigad; An emerging star on MMR’s realty horizon

By Accommodation Times Burea MUMBAI Confederation of Real Estate Developers’ Associations of India’s (CREDAI) MCHI Raigad Unit held a ‘Change of Guard’ ceremony where Ateeque Khot took charge as its new President and the developers’ body launched a report titled ‘Raigad District: A New South within the Emerging MMR Corridor’ with JLL. The

JDA seals 15 buildings for running commercial activities on residential plots

By Accommodation Times Bureau JAIPUR Operation Squad of Jaipur Development Authority on Thursday sealed 15 buildings for running commercial activities in residential plots in 10 B scheme on Gopalpura Bypass. Also removed encroachment from two other places. Chief controller enforcement informed that 15 houses have been sealed due to running commercial activities in 15

K Rajeha launches Vistas Centrepoint commercial project

By Accommodation Times Bureau K Raheja Corp announces the launch of its latest commercial project Vistas Centrepoint, Pune; the location offers a plum community audience of 3500 families. The project opens for purchase with immediate effect and given the augmented development in the area, it is one of the most sought-after commercial office