Builders must stop their greed : Sachin Ahire

By Accommodation Times News Services Inaugurating 21st Property and Housing Finance Exhibition, minister for state of housing, Sachin Ahire said that buyers and builders both must control their greed. Citing live example he said a builders enhanced property rate from 8000 psf to 10000 psf within a week. What is

Kumari Builders and Developers enters Into Villa Segment, Invests Rs 500 Crore

By Accommodation Times Bureau Kumari Builders and Developers is foraying into villa segment with the launch of two accessible luxury developments in Malur and Sarjapur Road. The 50-acre project in Malur will offer 750 homes, while the 12-acre project on Sarjapur Road includes 192 villas. The developer is planning to invest Rs. 500 crore

BMC issues stop-work notice to 18 default developers

By Accommodation Times Bureau MUMBAI The Brihanmumbai Municipal Corporation (BMC) has issued stop-work notice to default builders who had taken up redevelopment projects on BMC plots. The notice was issued to 18 city builders for defaulting on a premium of around Rs 357 crore. As per the agreement, these builders were supposed

Haryana RERA sends Notices to 140 builders for not applying for registration

By Accommodation Times Bureau GURUGRAM  Haryana Real Estate Regulatory Authority (H-Rera) has sent notices to 140 residential projects across the state for “not applying” for registration under the Act. All these have submitted their application in “wrong format” or were “incomplete” and they haven’t received any Occupation Certificate (OC). All the defaulters' developers have been asked to either

RERA: Bengaluru Builders Seeking A 90-day Window for Registrations

By Accommodation Times Bureau Bangalore: The Real Estate Regulatory Authority (RERA) has initiated its activity in Bengaluru, and has now started accepting registration of projects, agents and complaints. The State Government notified the RERA rules, after the Authority constituted last month. "The regulatory authority has begun functioning, and the principal secretary is heading it for

RERA: Bengaluru builders seek 90-day period for registrations

By Accommodation Times Bureau The Real Estate Regulatory Authority (RERA) has begun its activity in Bengaluru, and has started accepting registration of projects, agents and complaints. The birth of the Authority follows the State Government notifying the RERA rules, last month.  The authority, he said, is clarifying doubts both online and offline, and

Sports & Fitness:Tops list for luxury homes

By Accommodation Times Bureau The latest Luxury flats across the country are presenting  hi-tech sports facilities, now-a-days. Whether it’s a township, multi-storey apartments, or even a bungalow block, builders are going all out to court potential buyers, with sports and fitness zones. And this is because buyers have become sensitive towards

Revival of Real Estate Sector is govt. top priority

By Accommodation Times News Service The Government has promised many more incentives for the well being of construction and real estate sector provided it becomes much more proactive and sensitive to construct low cost housing with high quality for intended beneficiaries.  It has also claimed that with additional incentives, the government