Chavan applies balm to angry realtors
May 2nd, 2012 - 10:56 pm ICT by IANS
Mumbai, May 2 (IANS) A week after the powerful realty industry's sharp criticism of the Maharashtra government for "inaction and policy paralysis", Chief Minister Prithviraj Chavan attempted to soothe their ... Read more...
Posted in Business |
Realtors to discuss crises plaguing building industry
March 26th, 2012 - 11:37 pm ICT by IANS
Pune, March 26 (IANS) Alarmed by the crises plaguing the realty sector, top real estate corporate and builders from all over India shall converge here Wednesday to brainstorm and find ... Read more...
Posted in Business |
Realty sector sore with union budget
March 16th, 2012 - 8:18 pm ICT by IANS
Mumbai, March 16 (IANS) Predicting an escalation in property prices, top players in Maharashtra's crucial realty sector Friday said they had been ignored by Finance Minister Pranab Mukherjee in ... Read more...
Posted in Business |
China seeks to end official malpractices that affect people
March 3rd, 2012 - 11:43 am ICT by IANS
Beijing, March 3 (IANS) China has decided to strictly investigate cases related to malpractice by officials that involve the people's livelihoods such as food safety and housing issues.In March, 2011, ... Read more...
Posted in Politics |
Maharashtra in an era of exciting industrial growth: Chavan
January 10th, 2012 - 8:27 pm ICT by IANS
Mumbai, Jan 10 (IANS) Maharashtra has entered into an exciting era of accelerated industrial growth and consistent socio-economic development, Chief Minister Prithviraj Chavan said, adding that it has created a ... Read more...
Posted in Business |
Maharashtra largesse for slum-dwellers, house-seekers
January 3rd, 2012 - 12:24 am ICT by IANS
Mumbai, Jan 2 (IANS) Ahead of the forthcoming civic bodies polls, the Maharashtra government Monday announced two major decisions which would make affordable housing a reality and better amenities for ... Read more...
Posted in Politics |
Property sector needs transparency: Minister
September 22nd, 2011 - 6:57 pm ICT by IANS
Mumbai, Sep 22 (IANS) There is an "immense need" for improving the regulatory environment and transparency in the real estate sector, Housing and Urban Poverty Alleviation Minister Kumari Selja said ... Read more...
Posted in Business |
Costly land aggregation can frustrate affordable housing (Comment)
August 17th, 2011 - 1:20 pm ICT by IANS
The recent trouble in Noida shows how unfair and opaque guidelines on land acquisition can not only derail real estate and infrastructure development in the country but also sour the common ... Read more...
Posted in Business |
London Olympic Village sold for 557 mn
August 14th, 2011 - 11:14 am ICT by IANS
London, Aug 14 (IANS) The 27-hectare Olympic village in London has been sold to a developer for an astounding 557 million pounds. The site will become a new neighbourhood for ... Read more...
Posted in Sports |
Chinese cities see property prices fall
July 18th, 2011 - 4:18 pm ICT by IANS
Beijing, July 18 (IANS) More Chinese cities have reported lower or unchanged property prices in June, which suggests that the government's cooling measures have begun to work, authorities said Monday.Twenty-six ... Read more...
Posted in Business |
China to build ten mn affordable houses
July 14th, 2011 - 2:52 pm ICT by IANS
Beijing, July 14 (IANS) China intends to start building 10 million units of affordable housing before October, of which four million units are to be completed this year.The People's Daily ... Read more...
Posted in Business |
Lack of funds hits China’s affordable housing
June 29th, 2011 - 3:00 pm ICT by IANS
Beijing, June 29 (IANS) Lack of funding has hit China's affordable housing project that would have seen the construction of 10 million homes this year, a media report said.Peoples Daily ... Read more...
Posted in Business |
12th Five Year Plan tells about China’s future development: Envoy
April 30th, 2011 - 5:36 pm ICT by ANI
Ottawa, April 30 (ANI): Chinese Ambassador to Canada Zhang Junsai has said that China's 12th Five Year Plan tells people about the orientation of the country's future development.In an event held by ... Read more...
Posted in World |
Chinese Government to build 10 million subsidized homes
March 10th, 2011 - 1:42 pm ICT by ANI
Beijing, Mar.10 (ANI): The Chinese Government plans to spend nearly 1.3 trillion yuan to build 10 million units of government-subsidized housing.According to a senior official, these efforts are to curb surging property ... Read more...
Posted in World |
Interest subsidy on Rs.15 lakh housing loan: Mukherjee (Lead)
February 28th, 2011 - 9:53 pm ICT by IANS
New Delhi, Feb 28 (IANS) In a boost to the housing sector, low-cost housing loans of up to Rs.15 lakh would be eligible to get an interest subsidy of one percent, ... Read more...
Posted in Business |
Chinese netizens view ‘livelihood issues’ as top concern
February 13th, 2011 - 5:18 pm ICT by ANI
Beijing, Feb 13 (ANI): Many Chinese have voiced their complaints online saying that "livelihood issues," including the social security system and affordable housing, have remained their top concerns.They have raised their concerns ... Read more...
Posted in World |
Public-private model needed to build houses for the poor
February 11th, 2011 - 9:56 pm ICT by IANS
Kolkata, Feb 11 (IANS) With growing urbanisation in India, there is a need for public-private partnerships to provide affordable housing to the poor, an official said Friday."Along with the public authorities, private ... Read more...
Posted in Business |
Vibrant Gujarat: $56.43 bn fund for urban development
January 13th, 2011 - 10:15 pm ICT by IANS
Gandhinagar, Jan 13 (IANS) Eleven memoranda of understanding (MoUs) worth Rs.25,397 crore ($56.43 billion) for different urban development projects were signed during the 5th Vibrant Gujarat Global Investors Summit here Thursday. The ... Read more...
Posted in Business |
‘Homes for all’ tops agenda of housing convention
December 16th, 2010 - 12:06 am ICT by IANS
New Delhi, Dec 15 (IANS) Making housing available to all, especially the poor, will be the focus of the 10th national convention of real estate developers starting here Thursday."We are facing ... Read more...
Posted in Business |
Jon Bon Jovi appointed to White House Council for Community Solutions
December 15th, 2010 - 6:25 pm ICT by ANI
Washington, Dec 15 (ANI): Singer Jon Bon Jovi has been appointed to the White House Council for Community Solutions.President Barack Obama signed an executive order on December 14, and the 48-year-old ... Read more...
Posted in Entertainment |
Melbourne is Australia’s least affordable city
November 24th, 2010 - 4:30 pm ICT by IANS
Melbourne, Nov 24 (IANS) It's bad news for aspiring home buyers in Melbourne, as the city has been officially declared the least affordable city in Australia."But if buyers are prepared to move ... Read more...
Posted in Life Style |
Overseas student strategy criticised
November 4th, 2010 - 2:36 pm ICT by ANI
Melbourne, Nov.4 (ANI): Australia's human rights watchdog has attacked the Julia Gillard government's international student strategy for failing to tackle significant problems.Australian Human Rights Commission's race discrimination commissioner, Graeme Innes, said the ... Read more...
Posted in World |
Property rights to be given to urban poor under ‘Rajiv Awas Yojana’
October 28th, 2010 - 8:03 pm ICT by ANI
New Delhi, Oct.28 (ANI): Union Minister of Tourism, Housing and Urban Poverty Alleviation Kumari Selja said a new initiative called 'Rajiv Awas Yojana' would be introduced where property rights will be given ... Read more...
Posted in National |
95 million Indians will be living in urban slums by 2012
October 28th, 2010 - 6:31 pm ICT by IANS
New Delhi, Oct 28 (IANS) As many as 95 million Indians, or approximately 8 percent of the population, will be living in urban slums in the country by 2012, Housing and Poverty ... Read more...
Posted in Business |
Tata Housing to invest Rs.1.5 bn in Chennai
October 26th, 2010 - 11:07 pm ICT by IANS
Chennai, Oct 26 (IANS) Tata Housing Development Company Ltd, which is making its foray into the Chennai residential market, plans to invest around Rs.1,500 crore, a company official said Tuesday.The company is ... Read more...
Posted in Business |
1 in 10 Aussies live in poverty: Report
October 18th, 2010 - 12:52 pm ICT by ANI
Melbourne, Oct 18 (ANI): A new study has revealed that one in ten Australians lives under poverty.A Roy Morgan report of 669 people commissioned by the Salvation Army has indicated that the ... Read more...
Posted in World |
Traditional Brit village life dying out as pubs close
September 19th, 2010 - 6:56 pm ICT by ANI
London, Sept 19 (ANI): Campaigners in Britain have claimed that the traditional village life is "dying out" after the British Beer and Pub Association (BBPA) revealed that 893 pubs had been forced ... Read more...
Posted in World |
FDI norms for real estate may be relaxed: Sharma
September 16th, 2010 - 6:01 pm ICT by IANS
New Delhi, Sep 16 (IANS) Reiterating the government's commitment to make India an attractive foreign investment destination, Commerce and Industry Minister Anand Sharma Thursday said the three-year lock-in period for overseas investment ... Read more...
Posted in Business |
New York Governor presents proposed legislation to amend rent laws
May 27th, 2010 - 1:20 am ICT by BNO News
ALBANY, NEW YORK (BNO NEWS) – Governor David Paterson unveiled a package of proposed amendments to New York's rent laws in order to help to restore stability and certainty to a chaotic ... Read more...
Posted in World News |
Malaysian Government to set up task force to help Indian community
April 13th, 2010 - 3:43 pm ICT by ANI
Kuala Lumpur, Apr 13(ANI): The Malaysian Government will set up a special implementation task force to identify and monitor the participation of Indians in government projects and programmes.The Malaysian Prime Minister's Office ... Read more...
Posted in World |
Private players, Maharashtra to build homes for poor
April 6th, 2010 - 11:15 pm ICT by IANS
Mumbai, April 6 (IANS) In a significant initiative in the country's realty sector, a plan is on the anvil to construct 500,000 affordable houses at an estimated investment of over Rs.15,000 crore ... Read more...
Posted in Business |
Maharashtra to build 200,000 rental homes
March 13th, 2010 - 1:06 am ICT by IANS
Mumbai, March 12 (IANS) In a move that could benefit thousands of migrants entering Mumbai each year, 200,000 rental homes will be constructed in Thane and Raigad, the Mumbai Metropolitan Region Development ... Read more...
Posted in Business |
NY Mayor Bloomberg updates housing plan to benefit 500,000 New Yorkers
February 23rd, 2010 - 1:56 am ICT by BNO News
NEW YORK CITY (BNO NEWS) – New York’s New Housing Marketplace, originally unveiled in 2002, was updated in order to overcome the collapse of the housing market in the last two years, ... Read more...
Posted in Business |
Develop affordable houses, not malls: Government to realtors
February 10th, 2010 - 3:51 pm ICT by IANS
New Delhi, Feb 10 (IANS) The government Wednesday told real estate developers to construct more affordable houses rather than shopping malls.
"It is not advisable to invest largely in shopping malls as of ... Read more...
Posted in Business |
Vancouver most expensive place to own house
January 26th, 2010 - 10:45 am ICT by IANS
Vancouver, Jan 26 (IANS) Vancouver is the most expensive city in the world to own a house today, says a report on worldwide housing markets released Monday.
The annual report on housing affordability ... Read more...
Posted in Business |