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Max Estates Secures Noida Authority Approval for Delhi One Project Takeover

Max Estates, the Max Group's real estate subsidiary, received Noida Authority clearance to manage the 'Delhi One' commercial project in Sector 16B. The business settled dues of ₹613 crore.

By Admin

  • 15th Aug 2024
  • 1154 Views
Dharavi Redevelopment Project Seeks Over 330 Tenements

The Dharavi Redevelopment Project Pvt Ltd (DRPPL), led by Adani Realty, seeks 334 tenements from government agencies like SPPL and Mhada to relocate residents and continue redevelopment. Negotiations are ongoing, with Mhada demanding Rs 641 crore in construction costs and interest.

By Admin

  • 27th Jun 2024
  • 1197 Views
MHADA Introduces Amnesty Scheme to Reduce Penalties for Plot Contract Violations

The Maharashtra Housing and Area Development Authority (MHADA) has reduced plot contract violation fines. MHADA's six-month amnesty policy includes this decrease. Under certain scenarios, the programme reduces offenders' penalty costs.

By Admin

  • 19th Mar 2024
  • 1374 Views
Prime Office Space Rentals in India Witness 7 Per Cent Increase in First Half of FY24

According to an Anarock research, premium office space rental prices in seven major cities rose 7% year-over-year to Rs 83 per square foot per month in the first six months of the current fiscal. This is due to growing building prices.

By Admin

  • 8th Dec 2023
  • 1256 Views
Are High Land Costs and Volatility Making Real Estate Projects in India Unprofitable?

Sanjay Dutt, the chief executive officer of Tata Realty and Infrastructure Ltd, recently remarked that the high cost of land, money, and construction, as well as other economic concerns, make Indian real estate projects unprofitable.

By Admin

  • 13th Mar 2023
  • 1598 Views
Could More People Afford to Buy Homes in India If Construction Materials Cost Less?

Developers and purchasers could profit from the recent measures announced by the government to reduce import levies on steel and plastic, as well as moves to enhance the supply of cement.

By Admin

  • 13th Jul 2022
  • 1554 Views
Construction Of Green Buildings in India Now A Top Priority

The development of green buildings should be promoted across the country and a campaign should be run to create awareness that difference in construction costs for such properties and conventional ones is marginal, a senior government official said on Thursday.

By Admin

  • 28th Jun 2021
  • 1541 Views
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