Realtors may go under scanner  Bill expected in winter session, reports Manoj Kumar The government has proposed to bring the real estate industry, property dealers and builders under the scanner of a Real Estate Regulator through a Real Estate Management Bill that is likely to be brought into the Parliament in the next winter session. Concerned with increasing complaints against real estate agents, the Ministry of Urban Development is planning to create a statuary regulator for the real estate sector. A real estate commission will be set up to frame guidelines and a code of conduct for property dealers.

 

North India drives up burglar alarm sales Peeyush Agnihotri Electronic anti-theft buzzers at homes are supplementing the jobs of guard dogs and watchmen. If the trend, put forward by electronics security equipment industry — most of which is south India based — is to be believed, north India is leading the sales demand. Affordable rates of home-specific burglar alarm, which can be had anywhere between Rs 6,000 and Rs 25,000, coupled with a rise in crime rate and market awareness, is making home-segment consumers scramble for these anti-theft devices.

Illustration by Aditi Chahar

‘Hottest city’ that caters to bourgeoisie

Parmindar Singh Suddenly Ghaziabad, which seems to be touching the sky in the matter of residential colonies, has attracted world notice. The shopping malls set up in Ghaziabad have also attracted notice despite having lesser facilities as compared to other NCR towns like Gurgaon and Noida. Ghaziabad has made a place for itself among world’s top 10 cities from the point of view of living standard and style. Ghaziabad may surpass Noida in property prices.

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Zee Business Realty Awards
New Delhi: Zee Business, a Hindi business news channel, has announced the Zee Business M-Tech Pinnacle Awards, the first national level initiative to institutionalise and recognize excellence in the real estate and construction industry.

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Selling ‘spontaneously-grown’ trees on farmland
By S.C. Vasudeva