DOWNLOAD IPFS Pune has witnessed a significant increase in the number of properties availing tax rebates under the green building initiative introduced by the Pune Municipal Corporation (PMC). The incentive scheme, designed to promote eco-friendly practices among property owners, has seen participation rise from approximately 86,000 properties in 2019–20 to[Read More…]

DOWNLOAD IPFS The Securities and Exchange Board of India (SEBI) has proposed expanding the definition of “strategic investors” in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), aiming to attract more institutional capital and enhance participation in these asset classes. The proposal has been released for public feedback,[Read More…]

DOWNLOAD IPFS Delhi Chief Minister Rekha Gupta has called for stronger public-private partnerships (PPPs) to accelerate reform in the city’s real estate sector. Speaking at a recent task force meeting, the Chief Minister said that collaboration with private developers could be the key to resolving long-standing bottlenecks in urban development.[Read More…]

DOWNLOAD IPFS Mumbai-based Yogayatan Group has outbid competitors to become the highest bidder for the debt-laden Lavasa Corporation, which has been under bankruptcy proceedings since 2018. The group revised its offer to ₹795 crore on a net present value basis, overtaking rival Valor Estate’s bid of ₹771 crore. Lavasa Corporation,[Read More…]