The Punjab government, led by Chief Minister S. Bhagwant Singh Mann, is organizing a third special camp to issue real estate clearance certificates, aimed at promoting transparency and ease of doing business in the state. This initiative, announced by Hou
Real EstateClearance CertificatesPunjabHousing And Urban DevelopmentInvestmentReal Estate MumbaiFeb 03, 2025
The main purpose of organizing these camps is to provide clearance certificates to real estate developers and promoters, thereby promoting transparency, efficiency, and ease of doing business in Punjab.
So far, 178 promoters and builders have received clearance certificates from the two previous camps organized by the Punjab government.
During the camp, various types of certificates will be issued, including licenses, completion certificates, partial completion certificates, letters of intent, zoning plans, building plans, promoter registration certificates, and layout plans of colonies.
Hardip Singh Mundian is the Housing and Urban Development Minister of Punjab. He is responsible for announcing and overseeing the organization of the special camps to issue real estate clearance certificates.
This initiative benefits the real estate sector by reducing bureaucratic delays, providing necessary certificates on the spot, and creating a more investor-friendly environment, which can attract more developers and investors to Punjab.
Manit Rastogi, founding partner of Morphogenesis, discusses the increased demand for sustainability and eco-friendly homes in Indian real estate.
The actor's office space in Signature Tower, located along Veera Desai Road in Oshiwara, has been leased for a 5-year term.
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has recovered ₹175 crore from real estate developers who failed to hand over apartments to home buyers in Mumbai and Pune.
The Enforcement Directorate (ED) has conducted raids on two NCR-based real estate companies, seizing bank deposits worth over Rs 31 crore and luxury cars. The companies are accused of defrauding homebuyers to the tune of Rs 500 crore.
In 2023, the real estate market in Pune witnessed a significant surge of 28% in home prices. This increase has pushed many residents to look for affordable housing options in the city's outskirts, as the core areas have become increasingly expensive.
Following the Bombay High Court's criticism, the Brihanmumbai Municipal Corporation (BMC) has intensified its efforts to control air pollution with ward-level inspections and strict regulations for construction sites.