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By Accommodation Times (www.accommodationtimes.com) Minister of Housing Urban Poverty Alleviation and Minister of Culture,Kumari Selja has issued the Draft Model Property Rights to Slum Dwellers Act, 2011′ and Central Legislation for Street Vendors for public discussion in New Delhi. The main features of the drafts are the Ministry of HUPA proposed the strengthening of its [...]
By Accommodation Times (www.accommodationtimes.com) Mumbai, December 5, 2011: Mumbai-based Omkar Realtors Developers has awarded construction contracts worth Rs 579-crore to Larsen and Toubro (LT) for three of its SRA projects making it one of the large chunk of slum rehabilitation projects in the Mumbai market to be handled by the construction major. Out of the [...]
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By Accommodation Times (www.accommodationtimes.com) The Union Cabinet today approved the reconstruction and repair of 49,000 houses for internally displaced persons (IDPs) in Northern and Eastern Provinces and for Indian Origin Tamils (IOTs) in Sri Lanka under grant assistance from the Government of India. The Cabinet has also approved the following: (a) Reconstruction of 38,000 houses [...]
By Accommodation Times (www.accommodationtimes.com) Recently, the central government has proposed the real estate regulatory bill to deter the irregularities and unfair trade practices in property deals. However, state government has apposed the bill by saying that “execution of provisions which has mentioned in the proposed bill will render most infrastructure and irrigation projects in the [...]
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Q3 2011, house prices fell in 25 countries, of the 44 countries for which quarterly house price statistics are available, and rose in only 19 countries The international real estate market had a weak third quarter of 2011, according to the latest survey of world-wide house price indices prepared by the Global Property Guide. During [...]
Mumbai: Recently, the whole commercial complex has been bought by the 30-year-old American School of Bombay (ASB) has bought 1.4 lakh square feet of space in the 36-acre Kohinoor City, Vidyavihar, in a deal amounting to more than Rs 125 crore. Earlier the sixty story building has been planned for commercial purpose only which has [...]
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