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Real Estate

  • Haryana digitises land records of 94% villages

    Haryana digitises land records of 94% villages  

    The land records of 94% villages in Haryana have been digitised and integrated with property registration software (HARIS), the state’s revenue and disaster management minister Abhimanyu said, on February 9, 2017. Consequently, ...

    10 Feb 2017, 1.00 pm  |  Source: Housing.com/news

  • Unchanged repo rate leaves home buyers unconvinced about banks being flush with funds

    Unchanged repo rate leaves home buyers unconvinced about banks being flush with funds  

    The Reserve Bank of India (RBI) on Wednesday, February 8, 2017, surprised the market by keeping the repo rate unchanged at 6.25% in its monetary policy review. This has disappointed the market in general R

    09 Feb 2017, 5.00 pm  |  Source: Housing.com/news

  • Principal employer, not contractor responsible for construction workers’ pay

    Principal employer, not contractor responsible for construction workers’ pay  

    Labour secretary M Sathiyavathy, on February 8, 2017, clarified that the payment of workers’ statutory dues in the construction sector, is the sole responsibility of the principal employer. Addressing the 42nd Annual Day cel...

    09 Feb 2017, 2.00 pm  |  Source: Housing.com/news

  • States’ real estate rules to be examined by parliamentary committee

    States’ real estate rules to be examined by parliamentary committee  

    Minister of State for Housing and Urban Poverty Alleviation (HUPA), Rao Inderjit Singh, in written reply to a question in the Lok Sabha on February 8, 2017, said that the ministry has received representation R

    09 Feb 2017, 2.00 pm  |  Source: Housing.com/news

  • No rate cut is a big disappointment: Realty experts

    No rate cut is a big disappointment: Realty experts  

    The Reserve Bank of India (RBI), on February 8, 2017, kept its policy rate unchanged at 6.25%. This decision has been greeted with surprise, by the real estate fraternity. “While the recent demonetisation drive R

    09 Feb 2017, 2.00 pm  |  Source: Housing.com/news

  • The end-user’s guide to investing in REITs

    The end-user’s guide to investing in REITs  

    The Indian real estate sector has been lucrative for savvy investors over the last decade, but it has not been without accompanying uncertainties. The introduction of real estate investment trusts (REITs), will provide a R

    09 Feb 2017, 8.00 am  |  Source: Housing.com/news

  • RBI keeps repo rate unchanged at 6.25%  

    RBI keeps repo rate unchanged at 6.25%

    08 Feb 2017, 6.00 pm  |  Source: indiaproperty.com

  • CIDCO hoping for more bids for Navi Mumbai Airport

    CIDCO hoping for more bids for Navi Mumbai Airport  

    The City and Industrial Development Corporation of Maharashtra (CIDCO), is positive that more firms will participate in the bid for the development of its ambitious Navi Mumbai International Airport project, a senior development a...

    08 Feb 2017, 6.00 pm  |  Source: Housing.com/news

  • Take steps to stop encroachment on wetlands: HC to Maharashtra government

    Take steps to stop encroachment on wetlands: HC to Maharashtra government  

    A division bench of justices VM Kanade and PR Bora of the Bombay High Court, on February 7, 2017, directed the government to submit before it old and new Google maps of wetland areas, R

    08 Feb 2017, 6.00 pm  |  Source: Housing.com/news

  • RBI keeps lending rate unchanged at 6.25%

    RBI keeps lending rate unchanged at 6.25%  

    In its first monetary policy review in 2017, on February 8, the Reserve Bank of India (RBI) has decided to keep key rates unchanged. Accordingly, the repo rate at which it lends to the R

    08 Feb 2017, 5.00 pm  |  Source: Housing.com/news

  • Decks cleared for metro rail expansion projects in Kolkata

    Decks cleared for metro rail expansion projects in Kolkata  

    According to a senior officer at the Kolkata secretariat Nabanna, the expansion of the existing metro railway from Kabi Subhas-Noapara till the city airport, is expected to be completed by another one-and-a-half years’ time ...

    08 Feb 2017, 4.00 pm  |  Source: Housing.com/news

  • Smart city mission has led to comprehensive urban planning: Urban development minister

    Smart city mission has led to comprehensive urban planning: Urban development minister  

    Urban development minister, M Venkaiah Naidu on February 7, 2017, said that the government’s ‘Smart Cities’ mission, has brought about a paradigm shift, wherein cities approach the challenges differently, rather than doing d...

    08 Feb 2017, 3.00 pm  |  Source: Housing.com/news

  • NGT seeks pollution board’s response on exemption given to construction projects

    NGT seeks pollution board’s response on exemption given to construction projects  

    A bench headed by National Green Tribunal (NGT) chairperson Swatanter Kumar, has sought a response from the Central Pollution Control Board (CPCB), on an application filed by the Society for Protection of Environment and R

    08 Feb 2017, 3.00 pm  |  Source: Housing.com/news

  • Credai expects GST rate to be neutral for housing sector

    Credai expects GST rate to be neutral for housing sector  

    The apex body of private real estate developers, Credai (Confederation of Real Estate Developers’ Associations of India), on February 7, 2017, said that it is expecting a revenue-neutral GST rate without any adverse impact &...

    08 Feb 2017, 2.00 pm  |  Source: Housing.com/news

  • Money Money Money: Impact of Budget on real estate

    Money Money Money: Impact of Budget on real estate   

    From a change in the definition of long-term with respect to immovable property to the introduction of tax deducted at source (TDS) if you are paying rent over a certain amount to measures which were aimed at boosting affordable h...

    07 Feb 2017, 7.19 pm  |  Source: CNBC-TV18

  • Affordable housing emerges as a major beneficiary of Budget 2017

    Affordable housing emerges as a major beneficiary of Budget 2017  

    Granting industry status to affordable housing will help developers in accessing funds.

    07 Feb 2017, 4.17 pm  |  Source: Moneycontrol.com

  • Real estate law: Cracking down on dodgy developers

    Real estate law: Cracking down on dodgy developers  

    The law is coming down heavily on unreliable builders is very positive, as it prevents the entire community from getting maligned.

    07 Feb 2017, 4.15 pm  |  Source: Moneycontrol.com

  • Delhi Metro advances Janakpuri-Noida launch deadline to September 2017

    Delhi Metro advances Janakpuri-Noida launch deadline to September 2017  

    Revising its December 2017 deadline, the Janakpuri-Noida ‘Magenta Line’ of the Delhi Metro Rail Corporation (DMRC) will be ready to be commissioned by September, while a segment of the ‘Pink Line’ is also l...

    07 Feb 2017, 3.00 pm  |  Source: Housing.com/news

  • Probe sought into denotification of 400 acres of Gurgaon land

    Probe sought into denotification of 400 acres of Gurgaon land  

    Alleging a scam, Congress party spokesperson Abhishek Singhvi, on February 6, 2017, accused the BJP government in Haryana of being involved a scam and demanded an independent and comprehensive probe into the denotification of R

    07 Feb 2017, 3.00 pm  |  Source: Housing.com/news

  • SC orders attachment of Sahara’s prime Aamby Valley property

    SC orders attachment of Sahara’s prime Aamby Valley property  

    The Supreme Court, on February 6, 2017, directed attachment of the Sahara Group’s Aamby Valley property in Pune, for realisation of money to be paid to its investors. The apex court also asked the R

    07 Feb 2017, 2.00 pm  |  Source: Housing.com/news

  • What real estate investment trusts mean for Indian real estate

    What real estate investment trusts mean for Indian real estate  

    The REIT platform has already been approved by the Securities and Exchange Board of India (SEBI) and like mutual funds, it will pool the money from all investors across the country.

    06 Feb 2017, 5.20 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-18: Offers a lifeline to the real estate sector

    Union Budget 2017-18: Offers a lifeline to the real estate sector  

    It is no secret that the sector has been going through challenging times for the past couple of years. It was in dire need of proactive policy changes to take it out of the red zone.

    06 Feb 2017, 5.20 pm  |  Source: Moneycontrol.com

  • Government rules out tax incentive beyond Rs 2 lakhs, for second home

    Government rules out tax incentive beyond Rs 2 lakhs, for second home  

    Stating that the tax incentive for second home loan borrowers is being virtually misused, revenue secretary Hasmukh Adhia, on February 4, 2017, citing limited resources, said that it was prudent to subsidise first-time buyers R

    06 Feb 2017, 3.00 pm  |  Source: Housing.com/news

  • Qatar Holding first fund to invest in affordable housing in India, post budget

    Qatar Holding first fund to invest in affordable housing in India, post budget  

    Mumbai-based ArthVeda Fund Management Pvt Ltd (AVFM), on February 6, 2017, announced that Qatar Holding (QH) has committed to invest USD 250 million in its affordable low and middle income (LMI) fund, which projects R

    06 Feb 2017, 3.00 pm  |  Source: Housing.com/news

  • Budget 2017: 7 new rail line projects sanctioned for Maharashtra

    Budget 2017: 7 new rail line projects sanctioned for Maharashtra  

    Seven new lines, covering 3,123 kilometres and several other projects, have been sanctioned by the government for Maharashtra, in the Union Budget 2017-18 presented by finance minister Arun Jaitley. This year, the Railway Budget &...

    06 Feb 2017, 2.00 pm  |  Source: Housing.com/news

  • These are the factors that decide whether you get a home loan or not

    These are the factors that decide whether you get a home loan or not  

    There are various factors that determine whether you will get a home loan or not. Consequently, it is advisable to know your home loan eligibility in advance, so that you can plan the purchase R

    06 Feb 2017, 8.00 am  |  Source: Housing.com/news

  • Turn your bathroom into a spa sanctuary

    Turn your bathroom into a spa sanctuary  

    “A bathroom should be like a spa, so as to de-stress the mind, the body and most importantly, the soul. ‘Relax, refresh and renew’ should be the mantra that one follows, when doing up R

    05 Feb 2017, 1.00 am  |  Source: Housing.com/news

  • Indian real estate gets a measly 1% share of global capital inflows

    Indian real estate gets a measly 1% share of global capital inflows  

    It makes for a telling revelation that considering the 11,500 developers under the CREDAI (Confederation of Real Estate Developers’ Associations of India) umbrella, the number of developers who have consistently delivered projec...

    03 Feb 2017, 1.00 pm  |  Source: Housing.com/news

  • Only 54% of land title documents digitised so far in Maharashtra

    Only 54% of land title documents digitised so far in Maharashtra  

    Only 54% of the total 2.5 crore 7/12 receipts (a land title document) in Maharashtra have been digitised so far, a state government said. Maharashtra’s revenue minister Chandrakant Patil, in December 2016, had announced R

    03 Feb 2017, 1.00 pm  |  Source: Housing.com/news

  • Will the warranty clause in the Real Estate Act bring relief to home buyers?

    Will the warranty clause in the Real Estate Act bring relief to home buyers?  

    Raman Kapoor, a home buyer in Noida, has been in a legal battle with his developer for the last five years. His grouse is that there has been a defect in the construction of R

    03 Feb 2017, 8.00 am  |  Source: Housing.com/news

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