mkdhawan

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Flat Owners Move Hc, Real Estate News, ET RealEstate

Flat Owners Move Hc, Real Estate News, ET RealEstate

LUCKNOW: Some occupants of Yazdan Apartment on Prag Narain Road in Lucknow approached the high court on Monday seeking stay on demolition of the building. A bench of Justice AR Masoodi and Justice OP Shukla will hear the plea on Tuesday. The petition was filed by flat owners Nidhi Agrawal, Tripti Tara Prasad Shukla, Nuzrat Khurshid and Ravikant. Their lawyers requested the bench to take up the…

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After Collapse, Does Cryptocurrency Still Hold Promise for Real Estate?

After Collapse, Does Cryptocurrency Still Hold Promise for Real Estate?

© d3sign – Moment/Getty Images When she unexpectedly ran out of cash during a trip to Cuba, Kristin Smith knew her options for accessing more funds were limited. Without the ability to use a credit card or pull money from her U.S. bank account, Smith, an agent with Dave Perry-Miller Real Estate in Dallas, was told to call a contact in the U.S. who could transfer money to her via Western Union.…

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Sensex, Nifty open flat amid mixed global cues

Sensex, Nifty open flat amid mixed global cues

Sensex, Nifty open flat amid mixed global cues Source link

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How to Spur Policy Action on Greater Homebuilding

How to Spur Policy Action on Greater Homebuilding

© RichLegg – iStock/Getty Images Plus The acute inventory shortage nationwide is affecting every segment of real estate, particularly workforce housing—or “missing middle housing.” What’s it going to take to get more of these critical homes to market?  “We need to tackle zoning policies that only allow very narrow product,” Mike Kingsella, CEO of housing think tank Up for Growth, told attendees…

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Stabilizing Economy Holds Key to Reviving Home Sales

Stabilizing Economy Holds Key to Reviving Home Sales

© sesame – DigitalVision Vectors/Getty Images A recent report showing that the rate of inflation declined in October is good news for the real estate industry—and possibly a bellwether of declining mortgage rates in coming months, Lawrence Yun, chief economist for the National Association of REALTORS®, told thousands of attendees Friday at NAR NXT, The REALTOR® Experience in Orlando, Fla. On…

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Land sharks bite into Kamuni Cheruvu in Hyderabad, Real Estate News, ET RealEstate

Land sharks bite into Kamuni Cheruvu in Hyderabad, Real Estate News, ET RealEstate

File Photo HYDERABAD: Yet another lake in Hyderabad is on the verge of going under. Kamuni Cheruvu in Moosapet is in the grip of land sharks and encroachers who are busy filling up the lake in the night, building up temporary rooms and selling them off and smiling away to riches. A close analysis of Google maps with the old survey maps of Hyderabad has revealed that not only the full tank level…

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How the old houses of Kolkata are learning to stand on their own feet, Real Estate News, ET RealEstate

How the old houses of Kolkata are learning to stand on their own feet, Real Estate News, ET RealEstate

Old Kolkata houses that are neither heritage buildings nor supported by conservation grants are finding novel ways to raise money for their upkeep. Some with picturesque interiors are rented out for photo and film shoots, or have been turned into cafes and heritage homestays. At the 200-year-old Barrister Babur Bari in Beleghata, a pillared courtyard, arched corridors, red-oxide floors and…

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Architects’ Body Points Out Flaws In Nmmc’s Draft Dp, Real Estate News, ET RealEstate

Architects’ Body Points Out Flaws In Nmmc’s Draft Dp, Real Estate News, ET RealEstate

NAVI MUMBAI: The Indian Institute of Architects (IIA)-Navi Mumbai has raised serious objections to the Navi Mumbai Municipal Corporation (NMMC) draft development plan (DP) for the next 20 years. The body of architects has objected to NMMC for not being proactive towards impact of coastal regulation zone (CRZ), faulty population projections (28 lakh by the year 2038), no provisions for…

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Residents Of Doomed Paradiso Tower To Dc, Real Estate News, ET RealEstate

Residents Of Doomed Paradiso Tower To Dc, Real Estate News, ET RealEstate

File Photo GURUGRRAM: Homebuyers of the doomed tower D of Chintels Paradiso, where the living rooms of five flats collapsed vertically this February, claiming two lives, have rejected the administration’s evaluation report for compensation. They have instead demanded that the tower should be rebuilt and their apartments restored to them. The 18-storey Tower D, which was evacuated after the…

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40 Building Sites Flout Grap Rules, Penalised 20l, Real Estate News, ET RealEstate

40 Building Sites Flout Grap Rules, Penalised 20l, Real Estate News, ET RealEstate

GURUGRAM: The enforcement wing of town and country planning department has issued notice to more than 40 construction sites in DLF 1 and 2, Palam Vihar and Ansal Escenia in Sector 67 for carrying out construction work even after the GRAP orders, wherein complete ban on construction activities has been imposed due to poor air quality. A fine of Rs 50,000 has been imposed on each developer and if…

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Top project officer, Real Estate News, ET RealEstate

Top project officer, Real Estate News, ET RealEstate

File Photo NOIDA: Notwithstanding the impact of COVID-19 and inflation, the development of the upcoming Noida International Airport (NIA) is on schedule and it will be delivered in time, by the end of 2024, and within the sanctioned budget, a top project officer said on Thursday. The greenfield airport is coming up in the Jewar area of western Uttar Pradesh’s Gautam Buddh Nagar district, around…

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State of eco design today

State of eco design today

Architects promoting ecological designs need to take extra efforts in convincing project owners Architects promoting ecological designs need to take extra efforts in convincing project owners We people like to look back and ahead too, discuss events and eventualities, and above all dialogue what is trending. Trends are a connecting link between the past and possible future, often studied at…

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Only 21 lakh houses to be built for poor in Andhra Pradesh as against sanctioned 28.30 lakh, Real Estate News, ET RealEstate

Only 21 lakh houses to be built for poor in Andhra Pradesh as against sanctioned 28.30 lakh, Real Estate News, ET RealEstate

AMARAVATI: The Andhra Pradesh government will construct only 21 lakh houses for the poor under its much-hyped ‘Pedalandariki Illu‘ (Housing for All) programme, as against the 28.30 lakh originally sanctioned. State Housing Minister J Ramesh said, “We have distributed 30.20 lakh house sites and are building 21 lakh houses in two phases. The programme will be completed by March 2024.” He said 80…

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Buyers Moving Farther Than Ever in Search of Affordability

Buyers Moving Farther Than Ever in Search of Affordability

© MoMo Productions – DigitalVision/Getty Images House hunters have been expanding the scope of their home search over the past year, moving a median of 50 miles away from their previous property—a record distance, according to the National Association of REALTORS®’ 2022 Profile of Home Buyers and Sellers. The historical average is about 15 miles. Home buyers are eyeing small towns and rural…

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UK house prices fall as rising mortgage rates temper property market, Real Estate News, ET RealEstate

UK house prices fall as rising mortgage rates temper property market, Real Estate News, ET RealEstate

LONDON: British house prices fell for the first time in 28 months in October and rising mortgage costs threatened to put further pressure on the property market, a survey showed on Thursday. The Royal Institution of Chartered Surveyors (RICS) house price balance, which measures the difference between the percentage of surveyors reporting price rises and those seeing a fall, tumbled to -2 in…

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Chintels Paradiso tower residents allege lack of clarity over compensation, Real Estate News, ET RealEstate

Chintels Paradiso tower residents allege lack of clarity over compensation, Real Estate News, ET RealEstate

File Photo GURUGRAM: The district administration’s order to demolish Tower D of Chintels Paradiso where two women were killed in February when a sixth-floor apartment came down has sparked confusion among the allottees. On February 10, the dining room floor of a sixth-floor apartment of Tower D at Chintels Paradiso in Sector 109 came down, triggering the collapse of roofs and floors directly…

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After 20 Yrs, Jda Frees Own Land Worth ₹300cr From Encroachers, Real Estate News, ET RealEstate

After 20 Yrs, Jda Frees Own Land Worth ₹300cr From Encroachers, Real Estate News, ET RealEstate

JAIPUR: The enforcement wing of Jaipur Development Authority (JDA) on Wednesday freed more than six acres of land in VKI area from encroachers. It took close to 20 years for the civic body to take control over this piece of land whose current market price is estimated at Rs 300 crore. “We managed to evict the encroachers from this land after a long struggle. After Rajasthan High Court asked the…

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