Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Real Estate Regulator Bill may Tighten Screws on Developers

Posted: 03 Nov 2011 08:00 PM PDT

Selling a project without registering it with the proposed Real Estate Authority can soon land a developer behind bars, if it involves "criminal intent". Also, the erring builder may be asked to cough up a heavy penalty. These provisions are part of the draft Real Estate (Regulation and Development) Bill 2011. The Ministry of [...]

NCC Urban Plans Residential & Commercial Projects in South India

Posted: 03 Nov 2011 06:06 PM PDT

NCC Urban Infrastructure Limited, a subsidiary of Hyderabad-based construction major NCC Ltd, is lining up over 10 residential and commercial projects, together with a built-up area of 2.5 million square feet, in Bangalore, Chennai, Hyderabad and Kochi. "While we recently launched six projects in Bangalore, both apartments and villas, which are expected to generate [...]

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