#RealtyNewsRoundUp: Land Parcels For CRPF Housing & CISF Training Base In Delhi & Ghaziabad Approved

Realty News Roundup is PropGuide's selection of top stories from the real estate sector.

Top News

In order to build houses for Central Reserve Police Force (CRPF) personnel and a Central Industrial Security Force (CISF) training base, Union Urban Development Ministry has approved allotment of three land parcels in Delhi and Ghaziabad, The Economic Times reported. Read more

The Delhi High Court has come up with a judgement that flat owners in Delhi can park only one vehicle in a designated slot inside the residential complex unless they are granted exemption. According to a report by DNA, the ruling will affect car owners living in the national capital. The court said that the rules framed by a cooperative society would be final in this regard. Read more

Off the frontpage

The Maharashtra government has announced that it will not amend the Rent Control Act (1999) . An amendment regarding this would have made certain commercial establishments and tenants in residential homes pay market rates. Read more

According to brokerage firm Sotheby's International Realty, Indians are the third biggest international investor community in the US, with an investment of $8 billion. Canadians and Chinese stand at first and second position, respectively. Read more