99acres Bureau

 

Stay abreast with the latest news, stories and trends in Indian real estate at the 99acre’s Bureau. Whether it is a policy change or an infrastructure upgrade, if there is a real estate news doing the rounds, we capture it right here.

Authored Articles

GST relaxation propels sale of affordable homes

Key government initiatives, especially pertaining to the Goods and Services Tax (GST), such as lower tax slab for affordable housing and no applicable...

Key government initiatives, especially pertaining to the Goods and Services Tax (GST), such as lower tax slab for affordable housing and no applicable GST on ready homes have given a thrust to the sale of these two segments in the last one year. The input tax credit, too, has played a vital role in...

  • July 3, 2018
  • 133

Kochi metro body awaits approval for Kakkanad township project

The Kochi Metro Rail Ltd (KMRL) is waiting for formal approval from the State government pertaining to the development of the proposed township at Kak...

The Kochi Metro Rail Ltd (KMRL) is waiting for formal approval from the State government pertaining to the development of the proposed township at Kakkanad. The township will span over 17 acres and is anticipated to generate a revenue of nearly Rs 300 crore from the sale of apartments, commercial...

  • July 3, 2018
  • 112

Bangalore International Airport to go green by 2020

In a bid to become eco-friendly, the Bangalore International Airport Limited (BIAL) is planning to make Kempegowda International Airport (KIA) fully s...

In a bid to become eco-friendly, the Bangalore International Airport Limited (BIAL) is planning to make Kempegowda International Airport (KIA) fully solar powered by 2020. According to airport authorities, the current power demand at the KIA is 11 MW per day, which is anticipated to increase to...

  • June 30, 2018
  • 114

CHB to carry out seismic evaluation of houses

The Chandigarh Housing Board (CHB) plans to conduct a seismic evaluation of its dwelling units as they fall in the seismic zone IV, which is considere...

The Chandigarh Housing Board (CHB) plans to conduct a seismic evaluation of its dwelling units as they fall in the seismic zone IV, which is considered as ‘severe.’ The initiative is a part of a work being undertaken by the board before framing a policy for approving need-based changes. The...

  • June 27, 2018
  • 64

Pune authority approves draft plan of Mahalunge-Mann township

The Pune Metropolitan Regional Development Authority (PMRDA) has approved the draft development plan for the Mahalunge-Mann town planning scheme. The ...

The Pune Metropolitan Regional Development Authority (PMRDA) has approved the draft development plan for the Mahalunge-Mann town planning scheme. The approval was given as per the Maharashtra Regional Town Planning Act. With this approval, roadwork can be initiated, informs PMRDA officials. The...

  • June 26, 2018
  • 266

MHADA to develop six lakh affordable homes in Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has got around 60 proposals since the Authority has been accorded a status of planning ...

The Maharashtra Housing and Area Development Authority (MHADA) has got around 60 proposals since the Authority has been accorded a status of planning authority by the State government. Of all received proposals, the Authority has given the final nod to six proposals. The decision will fasten the...

  • June 20, 2018
  • 169

Regularise illegal construction in Alandi by Sept 12: AMC

A deadline of September 12 has been set up by Alandi Municipal Council (AMC)  to regularise illegal construction in Alandi.  Last year, a notificati...

A deadline of September 12 has been set up by Alandi Municipal Council (AMC)  to regularise illegal construction in Alandi.  Last year, a notification was issued by the state government's urban development department under the Maharashtra Regional Town Planning Act for regularisation of...

  • June 19, 2018
  • 105
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