Real Estate News Update for October 22
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The Delhi High Court issued a directive requiring Ansal Properties and Infrastructure Ltd. on Monday to maintain the status quo on all its unencumbered assets.
Bajaj Housing Finance (BHFL) has reported a growth of 20.95 per cent in its net consolidated profit during the quarter ended September 30, 2024.
In one of its final Government Resolutions (GR), issued on Oct 15—the day the code of conduct was enforced—the state govt appointed the Mumbai Metropolitan Region Development Authority (MMRDA) as the "New Town Development Authority" (NTDA) for the proposed ‘Third Mumbai.'
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Digitally updated and transparent land records facilitate optimisation of land resources and sharing of information with various agencies for assisting in policy making and planning, Union Rural Development Minister Shivraj Singh Chouhan said on Monday.
India's thriving housing market faces the key challenge of a widening demand-supply gap due to a large number of stalled or unsold projects and a shortage of distressed funds, say industry leaders.
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