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Last updated: 19 Jul, 2012  
 Construction & Real Estate

SC reserves verdict on plea for reviewing Ansals' sentence
SME Times News Bureau | 15 Dec, 2016
The Supreme Court on Monday reserved its verdict on a plea by the CBI and Association of Victim of Uphaar Tragedy (AVUT) seeking the review of the order on quantum of punishment to the real estate barons - Gopal and Sushil Ansals - who were convicted for June 13, 1997, Uphaar fire tragedy in which 59 people lost their lives.
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Primary real estate market unaffected by rupee notes axing
SME Times News Bureau | 09 Nov, 2016
The primary real estate market will not be disturbed much with the government's decision to withdraw 500 and 1,000 rupee notes as legal tender, said a top official of the Confederation of Real Estate Developers Associations of India (CREDAI).
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Delhi eases norms for construction on plots up to 105 sq m
SME Times News Bureau | 07 Jun, 2016
The Delhi government on Monday notified new building bye-laws, which now permit construction on residential plots of up to 105 square meters without any requirement of get the building plans cleared.
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PMAY, Maharashtra order probe into cheap homes scheme
SME Times News Bureau | 19 Apr, 2016
The Pradhan Mantri Awas Yojana (PMAY) and the Maharashtra government on Monday ordered a probe into a cheap housing scheme floated by a Pune developer promising a one-bedroom-hall kitchen flat for just Rs.500,000.
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Real estate bill to facilitate foreign direct investment
Bappaditya Chatterjee | 21 Mar, 2016
The Real Estate (Regulation and Development) Bill passed by both the houses of parliament is expected to facilitate more foreign direct investments in the sector, developers say.
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Real estate bill passed, govt says will bring property prices down
SME Times News Bureau | 16 Mar, 2016
The real estate bill pending before parliament since 2013 was finally passed on Tuesday with the Lok Sabha giving its nod as members cutting across party lines backed it. Terming the development "historic", Urban Development Minister M. Venkaiah Naidu asserted the new law will help bring down property prices.
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Realty, REITs get impetus in Budget 2016-17
SME Times News Bureau | 01 Mar, 2016
Finance Minister Arun Jaitley on Monday gave a shot in the arm to real estate sector in the 2016-17 general budget by waiving Dividend Distribution Tax (DDT) on Real Estate Investment Trusts (REITs).
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Indian realty co invests $50 mn in Africa
Francis Kokutse | 29 Jan, 2016
Indian realty company Swami India International has invested more than $50 million to help construct affordable houses in three African countries, Gambia, Senegal and Ghana, the company's project manager, Tarun K. Singh, has said.
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Cheating cases against Unitech officials settled
SME Times News Bureau | 15 Jan, 2016
A court here on Thursday settled a cheating case against Unitech officials after the complainants said they have received payment and did not want to pursue the matter further.
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Session court stays NBW against Unitech directors
SME Times News Bureau | 18 Nov, 2015
A day after a magisterial court issued non-bailable warrants against Unitech Ltd.'s managing directors Sanjay Chandra and Ajay Chandra in a misappropriation of funds case, the sessions court stayed it here on Tuesday.
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