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| Articles by Jitender Gupta |
71. Nil Investment in Realty in FY 2013 for West Bengal; Mamata Promises land Acquisition will not impe
May 27, 2013
Assocham real estate sector specific report showed that for the financial year 2013 there has been no investment in realty, either domestic or foreign, in West Bengal. The news is surprising given that foreign and local investors have pledged Rs. 42000 crores for real estate devel...
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72. Increase in Funding Assistance in Housing Programme for the Poor
May 27, 2013
The Central Government raised the limit on funding assistance by Rs. 25000, with scheduled castes, tribes and minorities given priority in its housing scheme for the poor. The Centre directive instructs States to give top priority of Indira Awas houses to freed bonded labourers, s...
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73. DLF Sells Off Plot in Hyderabad for Rs. 650 Crores
May 27, 2013
In an effort to divest itself of non-core assets and reduce debt burden DLF recently disposed off a 32 acre plot in Hyderabad for Rs. 650 crores. DLF entered into an agreement with Suvarnabhoomi Developers, the buyers, regarding sale of this plot. Since 2010 DLF has been on a dive...
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74. Demand Up for Mumbai Housing, Prices Rise by 66% Over 4 Years
May 25, 2013
In a city like Mumbai with perennial shortage of space and increasing demand, it comes as no surprise that prices should keep on escalating. Jones Lang LaSalle, property consultants have carried out a survey showing that housing prices have risen by 66% over 4 years in |
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75. Mumbai Upstages NCR in Commercial Office Spaces
May 25, 2013
Despite the statement of Viral Desai, director of Knight Frank India a real estate consultant firm, that NCR is preferred by corporates and IT segments alike due to better all round infrastructure, surveys reveal that Mumbai has upstage...
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76. HP Land Sold to Outside Builders; Former CM P K Dhumal Seeks Investigations
May 25, 2013
Former Chief Minister of Himachal Pradesh, P K Dhumal has sought details under the Apartment Act as regards permission given to non-Himachali builders to build colonies and for investigations into purchase of prim...
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77. Bhagwan Park Unauthorised Colony Gets Plan Approved by NDMC
May 24, 2013
Back in September 2012 the Delhi government launched a scheme to regularize about 895 unauthorised colonies in North and South Delhi by approving layout plans that would enable implementation of schools, hospitals, ...
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78. Collectors Drag Their Feet, Renters Pay Ridiculous Lease Fees for Priceless Property in Mumbai
May 24, 2013
The Collectors, with the welfare of the government and people at their heart, seem to be least bothered that it is 40 years since lease on government property has expired yet the occupiers merrily continue to enjoy the premises admeasuring 2350 square metres in Mazgaon, paying a token rent of Rs. 1....
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79. Hooda Government Under Suspicion for Concessions to SEZ Developers
May 24, 2013
The Hooda government’s recent policy amendments as regards concessions to special economic zones (SEZ) have come under fire, especially by the INLD. The policy is alleged to be slanted to benefit certain developers through such concessions. The Hooda government, it is alleged, cre...
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80. CREDAI Says Bengal Real Estate Will Be Hit Hard By Proposed Property Tax
May 22, 2013
The Finance Bill 2013 proposes introduction of tax on property sales and CREDAI, the Confederation of Real Estate Developers Association of India has come out strongly about this, saying this could hurt the growth of real estate sector in ...
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Author: Jitender Gupta
