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Liases Foras Realty News Update

City:MMR

Ajmera Realty & Infra India's sales up 261% year-on-year in April-June
Posted:09 Aug 2022,ET Realty,Kailash Babar
Property developer Ajmera Realty & Infra India has reported sales value of Rs 400 crore for the quarter ended June, up 261% from a year ago on the back of 155% rise in sales volume at Rs 1.57 lakh sq ft. Collections for the quarter also rose 93% from a year ago to Rs 210 crore, while revenue stood...

City:NCR

Circle rate hike deferred in Gzb over objections
Posted:09 Aug 2022,The Times of india,Abhijay Jha
Ghaziabad: For the first time in 12 years, the Ghaziabad administration has deferred the announcement of circle rates on August 8. This is despite a proposal to hike the circle rates after a gap of six years. The district magistrate has attributed the delay to the rising number of objections and...

SC grants interim bail to jailed Amrapali group CMD medical grounds
Posted:09 Aug 2022,ET Realty,PTI
NEW DELHI: The Supreme Court on Monday granted interim bail to Anil Kumar Sharma, ex-CMD of Amrapali Group of Companies on medical grounds after he complained of post surgery complications. A bench of Justices UU Lalit and Bela M Trivedi granted Sharma interim bail and directed him to surrender in...

Colony on agri land: FIR likely against builder
Posted:09 Aug 2022,The Times of india,Rao Jaswant Singh
Gurgaon: The department of town and country planning (DTCP) has recommended the registration of an FIR against a developer and eight people, including some real estate brokers, for allegedly carving out an illegal colony on 3.5 acres of agricultural land and fraudulently collecting money from 21...

Concreting with unapproved design mix led to poor construction quality of NBCC Green View
Posted:09 Aug 2022,ET Realty,PTI
NEW DELHI: Inspection by a Central Vigilance Commission officer of Gurgaon's Green View Society, declared unsafe earlier this year, found that allowing concreting with unapproved design mix and outsourced ready-mix concrete resulted in poor construction quality, the Rajya Sabha was informed...

Sebi to auction properties of Royal Twinkle Star Club, Citrus Check Inns
Posted:09 Aug 2022,ET Realty,PTI
NEW DELHI: Capital markets regulator Sebi on Monday said it will auction 38 properties of Royal Twinkle Star Club and Citrus Check Inns on September 6 with a reserve price of Rs 76 crore. The move is a part of Sebi's effort to recover funds worth thousands of crore rupees raised by both the...

Noida: Illegal additions to houses rampant but no crackdown, say RWAs
Posted:09 Aug 2022,The Times of india,Aditya Dev
NOIDA: Illegal extensions and additions to houses and apartments, which encroach on common areas through temporary or permanent constructions, are rampant in the city’s sectors, gated colonies and condominiums, but there’s hardly any action taken against them, residents groups complain. On Monday,...

City:Kolhapur

Kolhapur Municipal Corporation town planning department makes Rs 15 crore in just 4 months
Posted:09 Aug 2022,The Times of india,TNN
KOLHAPUR: The town planning department of the Kolhapur Municipal Corporation (KMC) has raked in about Rs 15.2 crore in just the first four months of the 2022-23 financial year. Of the 830 building proposals, the town planning (TP) department cleared 469 by July 31. Most of these proposals were for...

City:Indore

30k new structures identified, notices issued by civic body
Posted:09 Aug 2022,The Times of india,TNN
Indore: Indore Municipal Corporation (IMC) has identified around 30,000 new properties in the city. These properties were found during an ongoing GIS survey, and their respective owners have been issued notices for registration and property tax payment, said officials. IMC’s deputy commissioner...

City:Jaipur

Over 4.10 lakh houses under PMAY-Gramin yet to be built in Rajasthan
Posted:09 Aug 2022,ET Realty,TNN
JAIPUR: In all, 4.18 lakh houses are yet to be constructed in Rajasthan under the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) out of the total target of 17.33 lakh houses, allocated in the year 2016-17, a government of India data stated. Minister of state in the ministry of rural development...

Registry of Rajasthan Housing Board flats in high-rise buildings cheaper
Posted:09 Aug 2022,The Times of India,TNN
JAIPUR: The registry of flats constructed in Rajasthan Housing Board (RHB) buildings (more than four storeys) has now become cheaper for buyers. The stamp duty levied on the registry of flats constructed in multi-storeyed buildings, having a value of less than Rs 50 lakh, has been reduced from 6%...


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Liases Foras is an independent real estate research institute having offices in Mumbai, Bangalore and New Delhi. Liases Foras was founded in 1998 as a boutique non-broking real estate consultancy, and has since evolved into a data-focused real estate research lab employing over 120 people. Liases Foras tracks and closely examines the health of the real estate sector in over 60 cities across India, including all metro and capital cities. Liases Foras is the official consulting partner of the National Housing Bank and is currently engaged in re-building the RESIDEX property price index for NHB.
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