Real Estate News Updates for July 01
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Residential
NEW DELHI: Registration of properties in Mumbai municipal region rose marginally in June to more than 10,300 units, according to data from Knight Frank India. Of the total registered properties, around 85 per cent were residential units.
Residential
NEW DELHI: The DDA on Friday launched on a first-come, first-serve basis a housing scheme that will include 5,500 flats across all categories at various locations in Delhi, officials said.
Regulatory
CHANDIGARH: Even as permission for construction of stilt plus four houses in Haryana has become a contentious issue, a recent audit by the office of accountant general (audit) has observed that floor-wise apartmentalisation in the state was permitted through executive order in contravention of the statutory provisions (Apartment Act).
Industry
NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has purchased land to be given to 52 allottees in Sector 33. Although the allotments were made a decade ago, the land was never acquired by the Authority.
Industry
HYDERABAD: Short spells of heavy rain in run-up to monsoon triggered twin incidents of wall collapse and left a building perilously tilted, setting off alarm bells on the fate of several dilapidated buildings dotting the city that could crumble and inflict collateral damage.
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Thank you for the publish. The marginal rise in property registrations in the Mumbai region indicates a steady demand for Mumbai's real estate in the market.