The five-pronged approach by the government comprising of demonetisation, RERA, GST, home loan rate cut and affordable housing push is geared to bring the mojo back into the industry.
The JV investment commitment of Rs 500 crore over three years
Malls, multiplexes, restaurants and even small shops can be kept open till late in the night, with the caveat that police permission is required.
Residential launches decline but demand for commercial office space and retail properties continues to drive fund flows.
However, effective implementation of RERA and more affordable project launches can draw end-users
Every high-rise building built in India today must mandatorily adhere to prescribed structural standards to ensure that they are safe and earthquake resistant.
High-networth Indians investing in properties abroad, especially residential real estate priced less than USD 1 million and of size less than 1,500 sq ft
Details on MahaRERA website can help consumers in several ways, as long as they understand what data points to look for and how to interpret them.
Lowering stamp duty rates will reduce the overall home buying costs and will help stimulate home sales.
Share of the real estate sector in India’s GDP expected to double by 2025 and jobs likely to increase by more than 80 percent by 2025.
Providing a well-panned and well budget home with sustainable infrastructures, will bring the prospect of home ownership back into the grasp of millennials.
The data now being made available provides granular insights on projects as well as their promoters.
The PIL claimed that in the new Insolvency and Bankruptcy (IB) Code, 2016, home buyers are ranked last in the list of creditors whose claims could be settled during the insolvency proceedings.
Many of the customers (whether in India or in other countries) would like to make a visit to the apartment or the land on which the building is going to come up - to get a first-hand view of the location, locality and approach.
The Noida-based firm also plans to launch next month a sports-centric housing project in Noida Extension (Greater Noida - West) where it would develop over 4,500 flats/villas at a cost of Rs 1,100 crore.
Gone are the days when only the elderly could or would buy homes on the back of their life savings.
For each property bought, there has to be a seller. So, it can never be a 'buyer's market' without a seller selling one.
The Supreme Court on Wednesday ordered Unitech to pay Rs 80,000 as compensation to each of the 39 home buyers in the realty firm’s Vista project in Gurugram.
The total commercial area planned for the Delhi project is 3.2 million sq ft.
The apex court last Friday had refused to grant interim bail to real estate firm Unitech’s jailed promoters Sanjay Chandra and Ajay Chandra and said it will consider their pleas only after the data of homebuyers seeking refund is collated.
Revival of PE investments in the residential sector is also expected this year, especially with regard to affordable housing.
High time to fully explore and unbox its massive potential
The apex court has appointed representatives on the Committee of Creditors to espouse the interests of homebuyers.
As per Colliers Research, Golf Course Extension Road has a significant supply pipeline of quality Grade A space, making it one of the next preferred choice for technology sector occupiers.
To fill the massive gap of affordable housing in India, the government has come up with a spate of many initiatives.