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There is a net shortage of 25.90 lakh sq feet of government office accommodation in Delhi alone and 20.12 lakh sq ft in other major cities, according to a report prepared by the Urban Development Ministry. In Kolkata, the demand for government office accommodation is 20,74,653 sq ft but the availability is only 13,79,402 sq ft. Similarly at ...

New Delhi: The Housing finance regulator, National Housing Bank has launched index much like the BSE benchmark Sensex to track the price movement of real estate particularly residential housing for five cities. Finance Minister P Chidambaram launched the index called the NHB Residex for five cities- ...

Even as the row over land acquisition for industrial projects rages, a new authority is being set up to vet land requirements of SEZ projects. The move is aimed at preventing SEZ projects from turning into real estate ventures. The rural development ministry has proposed that the authority should scrutinise the demand for land by promoters before ...