Noida Extension Gets Green Signal: Tension Almost Over! NCR Planning Board gives conditional approval for Greater Noida Master Plan 2021
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Sun, 1/04/12 – 16:57 | No Comment

Around 50,000 homebuyers will heave a sigh of relief, as the uncertainty surrounding the fate of Noida Extension housing projects seems to be almost over.
The NCR Planning Board (NCRPB) on Thursday gave a conditional approval …

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Service tax on construction services may hike flat costs
Wednesday, 3 Mar, 2010 – 11:10 | No Comment
Service tax on construction services may hike flat costs

Bringing construction services under the ambit of the service tax is likely to raise the cost of apartments that are still under construction. As per the Budget proposal, construction would be deemed to be a …

Mumbai developers await amendment of FSI policy
Wednesday, 3 Mar, 2010 – 11:05 | No Comment
Mumbai developers await amendment of FSI policy

Last few months have witnessed a drop in proposals for buildings in Mumbai, with developers keeping their plans on hold in anticipation of a policy that would give them a high vertical limit.
The Maharashtra government …

Slums in CRZ II zone to get higher FSI
Wednesday, 3 Mar, 2010 – 11:02 | No Comment
Slums in CRZ II zone to get higher FSI

Slums in upscale areas like Cuffe Parade, Walkeshwar, Bandra, Juhu, Versova falling in the Coastal Regulatory Zone II could soon have more land available for development. The Ministery of housing has proposed a Floor Space …

Men and machine behind new assembly building
Wednesday, 3 Mar, 2010 – 10:53 | No Comment
Men and machine behind new assembly building

Views that construction of government buildings are often behind schedule and lag behind in terms of technology have to change after looking at Tamilnadu Legislative Assembly complex. This large complex, estimated to cost Rs 348 …

Online plan approval system covers all zones
Wednesday, 3 Mar, 2010 – 10:47 | No Comment
Online plan approval system covers all zones

The Chennai Corporation has extended the online building approval system to all the zones of the city.
Even though builders and licensed surveyors welcome the online initiative, many lay stress on the need for a proper …

Mcnally in talks to acquire construction firm
Wednesday, 3 Mar, 2010 – 10:32 | No Comment
Mcnally in talks to acquire construction firm

McNally Bharat Engineering MBE said it has started negotiation with a medium-sized construction firm in south India for acquisition for a consideration of around Rs 50 crore.
We are always looking at opportunities for acquisition and …

Kumar launches sky villas in mumbai
Wednesday, 3 Mar, 2010 – 10:24 | No Comment
Kumar launches sky villas in mumbai

With the real estate market gradually recovering from the economic downturn, the economic downturn, builders have once again started constructing luxury houses in Mumbai, saying demand has been rising steadily.
Pune-based developer Kumar Urban Development KUDL …

Home prices almost back to 2007-08 levels
Wednesday, 3 Mar, 2010 – 10:15 | No Comment
Home prices almost back to 2007-08 levels

Apartment prices at Planet Godrej, a premium residential property developed by Godrej Properties in the tony Mahalaxmi area of Mumbai, had come down to as low as Rs 17,000 to Rs 18,000 a sq ft …

Malaysia woos indians to invest in real estat
Wednesday, 3 Mar, 2010 – 10:12 | No Comment
Malaysia woos indians to invest in real estat

If you thought Malaysia was a crowded tropical island, built on precarious coastal zones, you could be right. But, there is room for vertical development of space, people and businesses, say officials of Malaysia Property …

Harness nature at home
Wednesday, 3 Mar, 2010 – 10:07 | No Comment
Harness nature at home

Water conservation is not only about closing the tap while shaving or using a low flush toilet; it is also about how we build homes.
Ecological homes play an important role in water conservation. One such …