Shivashakti Properties & Finance Solutions
TNN | May 22, 2020, 09:06 IST

No permit needed for construction in Noida

No work, however, can be carried out on construction sites that are located within containment zones, where people are under observation, officials said.

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ET Now | May 09, 2020, 09:57 IST

Residential real estate strongly poised for a bounce back: Godrej Properties

‘Industry leaders would benefit from both the demand revival as well as consolidation.’

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Pranchal Srivastava | May 09, 2020, 09:55 IST

Uttar Pradesh: Financial crisis shatters housing dreams from many

As many as 105 people in Lucknow have lodged a petition with UPRERA e-court for a hearing to get a refund of booking amount as they are now facing financial crisis and have dropped their plan to buy a house.

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Kailash Babar | May 09, 2020, 09:43 IST

Realtors allege cartelization by cement, steel companies

The Confederation of Real Estate Developers' Association of India (Credai) has written to minister for housing & urban affairs Hardeep Singh Puri, seeking urgent measures to control the hike in the prices of cement and steel amid the ongoing pandemic crisis.

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PTI | May 09, 2020, 09:52 IST

India Cements partially resumes operations at manufacturing facilities

The company said it has adopted a series of precautionary and safety measures at its facilities including compliance with standard operating procedures and other measures as advised by government authorities.

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PTI | May 09, 2020, 09:47 IST

PNB Housing cuts retail lending rates by 15 bps for existing customers

"We have decided to take this initiative to help our customers to overcome this pandemic and drive growth in the housing sector. With this, over 2.35 lakh of our customers will be positively impacted irrespective of their base loan amount," Vyas said.

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Sharmila Bhowmick | May 08, 2020, 09:00 IST

Real estate projects in Noida limp back to action

In the 250 real estate projects in progress in Noida, Greater Noida and Yamuna Expressway areas, developers say that full-fledged construction can’t start before the Delhi borders reopen to let trucks in with raw materials move.

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PTI | May 08, 2020, 09:26 IST

SBI hikes home loan rates by up to 30 basis points

For home loans up to Rs 75 lakh, SBI has increased the spread by 20 basis points. For home loans up to Rs 30 lakh, the effective rate, which is EBR plus spread, now stands at 7.40 per cent as against 7.20 per cent on April 1, 2020.

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Faizan Haidar | May 08, 2020, 09:17 IST

Construction work restarts at over 100 projects in NCR

Construction groups have received permission to restart work in the National Capital Region, after getting permission from local authorities and fulfilling government mandated conditions.

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Faizan Haidar | May 05, 2020, 01.39 PM IST

Developers in NCR to resume construction work

However, developers fear that despite easing on construction ban, it will be difficult to convince workers to stay if they have the option of going back. They also say that projects may take some more time to effectively take off till sufficient workforce could be brought in.

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Kailash Babar | May 05, 2020, 08:56 IST

Realtors to face labour shortage as workers rush to return home

In such a scenario, realty developers and contractors would have to shell out additional wages or incentivise workers to retain them at sites at least for urgent pre-monsoon work.

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Faizan Haidar | May 04, 2020, 10.35 AM IST

Covid lockdown: The grim reality of NCR realty

Migration of labour has further compounded problems for builders, who expect it will require 2-3 months to mobilise workforce once lockdown is lifted. Even half-complete projects would be difficult to finish by December this year.

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Nidhi Sharma | May 01, 2020, 08:59 IST

Construction projects worth Rs 100 crore or more to be under CCTV monitoring

The Centre is likely to initiate construction activities in ‘green’ and ‘orange’ districts—areas where there have been no Covid-19 cases for 14-28 days—in a staggered manner in June.

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Press Trust of India | Apr 29, 2020 23:48 IST

Sell unsold units at ‘no-profit-no-loss’ to save interest, boost liquidity: Gadkari

The outbreak of coronavirus disease has impacted the real estate sector, which was already reeling from the demand slowdown, the road, transport and highways minister said while addressing a webinar organised by realtors’ body NAREDCO.

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TNN | April 16, 2020, 08:45 IST

No material or workers to start construction: Noida builders

Developers also said that getting labourers to the construction sites would be another problem, with the majority of migrant workers returning to their homestates due to the Covid-19 lockdown.

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Naresh Kamath | Apr 09, 2020 19:13 IST

Real estate prices may drop after Covid-19 lockdown ends

In addition, the builders have also demanded that the construction workers should be allowed to resume work from April 15 when the lockdown ends.

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TNN | December 16, 2019, 07:38 IST

Noida: Amrapali Zodiac's completion work gains pace

In an order issued in July, the Supreme Court had asked NBCC to complete all pending utility work, such as electrification of some towers and water connection, within a month.

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TNN | December 14, 2019, 07:36 IST

Greater Noida: No EMIs from buyers to avail 'zero-period' waiver

The Greater Noida Industrial Development Agency (GNIDA), under whose jurisdiction are the housing projects in Noida Extension where land acquisition cases had stopped work, has spelt out these conditions.

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