At least 13 people were killed as an under-construction five-story residential building collapsed in Cancona town of Goa on Saturday.
With necessity being the mother of invention, commercial property developers are going off the beaten track to meet the challenge of a huge sales slowdown.
If you want to free yourself from worrying about the builders' documentation and the legality of the construction, it's best to look for a pre-approved property.
The building did not have the mandatory Occupation Certificate granted by the Brihanmumbai Municipal Corporation, but it was already occupied by around 58 flat owners, according to the civic body.
Accounting regulator ICAI has called for excluding land value from the proposed service tax on the realty sector, saying land is a state subject.
Jaishakar said in a series of tweets that Nehru omitted Patel from the initial Cabinet list and it was a subject for much debate. "Released an absorbing biography of VP Menon by @narayani_basu. Sharp contrast between Patel's Menon and Nehru's Menon. Much awaited justice done to a truly historical figure," EAM said.
According to villagers in the region, builders have been doing the rounds of the area, trying to spot suitable locations for residential projects.
The former UN refugee chief takes over from Ban Ki-moon on January 1.
The jewellery industry has welcomed the government's decision to ban old Rs 500 and Rs 1,000 notes, saying gold demand will rise as people will have more faith in the precious metal than the currency notes. But the unorganised builders and secondary (resale) property market would be adversely impacted.
The collapse of an under-construction 11-storey building in Chennai which claimed 11 lives should serve as a wake-up call for the housing sector to have a regulatory mechanism for the construction industry, says N Sathiya Moorthy
'...to give him a signal that you cannot ignore Maharashtra, you are too close to the Centre.' 'I can see some kind of rivalry also in this, but it is better that the NIA goes deep into it.'
A consensus builder, Jaitley was regarded by some as Modi's original 'Chanakya'.
Calling the action against residents of illegal flats in Worli's Campa Cola compound as "unjust", MNS chief Raj Thackeray on Tuesday said the builders and authorities concerned who are responsible for such unauthorised structures should be punished and sent to jail.
Agency reports said he had been staying in the house belonging to a Kyrgyz friend.
Mr Tata said a letter had arrived in his office from a young woman who had applied for the graduate engineering programme of TELCO Pune and been turned down. 'I wouldn't interfere with your selection process, Maira,' he said. 'However, I am calling you because this lady says that her rejection letter says that though she is very well qualified for the programme, TELCO Pune cannot select her because she is a woman.' 'Why are you discriminating against women?' he asked. A must read excerpt from Arun Maira's The Learning Factory: How The Leaders Of Tata Became Nation Builders.
The National Investigation Agency has seized Rs 1.4 crore, believed to be terror money, in Bangalore. The agency sources told Rediff.com that the money was sourced through modules in North East and was sent to Bangalore.
The Maharashtra CM is known to choose the right time to hit back at people he considers a threat, says N Suresh.
For those who feel conned by builders, Maharashtra government has decided to provide some relief by amending a law to allow flat buyers to get stamp duty refunded on cancellation of agreement with the builder. The decision to amend Section 48 (pertaining to property sales) of the Mumbai Stamp Act, 1958 was approved at a meeting of the State Cabinet in Mumbai on Wednesday, official sources said.
The Reserve Bank on Tuesday asked banks to link the disbursal of home loans to stages of construction to protect the interests of buyers and contain the fallout of 'innovative' housing financing schemes.
Police have registered a case of forgery and corruption against Anand Rao, builder and son-in-law of late Bharatiya Janata Party leader Pramod Mahajan, and two former Chief Executive Officers of Maharashtra's Slum Rehabilitation Authority.
India joins exclusive club of US, Europe, Russia and China.
Housing prices could drop by up to 30% over 6 to 12 months after demonetisation.
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
'We look forward to providing great customer experiences in India.'
The judiciary has started going beyond the technicalities of the agreements and awarding compensation to buyers.
Patel, 71, who was critical for a few days, was admitted to the Medanta hospital in Gurugram on November 15 after he developed complications. His son Faisal said he died at 3.30 am.
Rediff readers tell us about their first salary.
'We tightened our risk frameworks once the Covid crisis started.' 'We are slowly lightening this as we see economic activity pick up, salaries getting restored, and people getting back into jobs.'
Nationalist Congress Party leader and former deputy chief minister Ajit Pawar tells Sanjay Jog the allegation of corruption against his party is a political conspiracy. Edited excerpts:
In upmarket areas like Bandra and Khar, the going brokerage is as high as 4 per cent
A number of Lucknow-based small builders are facing crunch due to the rise in inflation and increase in the interest rate by banks.
Investors are pouring money in the tycoon's companies hoping he will benefit if BJP comes to power.
In a trend that has taken off in a significant way, more and more developers are launching independent floors with lawns and basement/roof terraces in gated communities, to attract buyers, who otherwise opt for builder floors prevalent in the unorganised real estate sector.
The elections for the 288-member House are due in September-October this year.
Most buyers are forced to back off in the face of delays because of the appreciation of the property.
The trust deficit has widened with buyers losing confidence in a developer's ability to construct and deliver a project on time.
In the domestic segment, demand is currently led by rural markets, oil and gas, LPG and B2C segments like roofing and sheeting.
Steffie Dsouza's incredible body transformation will amaze you.
Chandrakant Sompura has either planned, designed, built or renovated over a hundred temples in India and abroad.
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