With Prime Minister Narendra Modi's office recently asking all government departments to identify unutilised land, developers are hoping that such land will soon be made available to them
"Liquor and real estate lobbies have succeeded to intervene in the GST. Without any hesitation, I can say that these two sectors have been kept out of the GST because political leadership and influential people are conventionally indulged in real estate," Sisodia said.
A truly inclusive development process is one where individuals, businesses and governments all contribute to creating a society that benefits everyone
With this bracket of consumers coming under serious risk of a job loss, there is a possibility that recovery of residential sector in the mid-premium category will be delayed
The new GST rate may increase prices of premium units due to high land costs, but the amount of benefit that a buyer may get will depend on the demand-supply situation and competition in a micro market
The Real Estate (regulation and development), Act, 2016 (RERA) for the first time clearly defines that parking will be part of the common area
Developers today are unclear on the processes and systems of the RERA guidelines and will take time to accordingly recalibrate their businesses
The BSE500 index outperformed Nifty by generating an absolute return of 42.7 percent and a compounded annual growth rate of 12.6 percent during the past three years. While at first glance, the performance looks pedestrian, it masks the super outperformers that turned paupers to kings over this period.
Raymond is in focus as the company has presented a resolution at its annual general meeting (AGM) to make an offer to sell premium real estate to its promoters at throw-away prices. The Institutional Investor Advisory Services (IiAS) has recommended that the shareholders should vote against this resolution.
The S&P BSE Sensex pared gains in the last two trading sessions and eventually closed in the green largely led by weak global cues.
Many housing societies may not own land in Master Plan of Delhi’s new zones and may have sold apartments in the garb of society membership and collected over Rs 1000 crore.
Office segment witnessed private equity (PE) investment worth Rs 5,600 crore in the first quarter of 2017 calendar year as against Rs 2,900 crore in the year-ago period.
The 1001 startup idea this week is to establish a platform which will crowdsource commercial and residential real estate lease and sale information.
Delhi chief minister Arvind Kejriwal will hold a series of meetings with farmers, on the Land Pooling Policy (LPP) that was recently notified by the AAP government. Labour Minister Gopal Rai said the first … READ FULL STORY The post CM Kejriwal to holds meetings with farmers, on Land Pooling Policy appeared first on Housing News.
Real estate development remains a highly lucrative business line but it also remains a highly capital intensive business, and among the many new market truths that RERA has brought to the fore, the fact … READ FULL STORY The post How will real estate funding work in post RERA times… appeared first on Housing News.
Vastu Shastra compliance, is nowadays an important factor that influences the decision of home buyers and tenants, alike. “One of the main difficulties of living in a rented flat or apartment, is that you … READ FULL STORY The post Check these Vastu Shastra norms, before moving into a rental home appeared first on Housing News.
Real estate experts say that stamp duty and property taxes may continue to be levied on immovable properties
The actions of private equity (PE) investors, can serve as a good indicator of the sentiments in the real estate market. In the last few months, the government has announced several major initiatives that … READ FULL STORY The post Will private equity investments in Indian realty increase or decrease? appeared first on Housing News.
Noida-based Gaursons is more into development of mid- income and low-cost housing. It will develop two towers having only 52 luxury homes with starting price of Rs 2.29 crore.
The land pooling policy has the potential to change the dynamics of the residential market in NCR by boosting the supply of affordably priced apartment units within the geography of Delhi City.
Ratan Kumar Singh, aged 32, currently has a home loan outstanding of Rs 50 lakhs with a remaining tenure of over 20 years. At a floating rate interest of 10%, he pays a monthly … READ FULL STORY The post The pros and cons of prepaying a home loan appeared first on Housing News.
The Lieutenant Governor of Delhi’s notification of 89 rural villages to urban areas, has again brought to the fore the Land Pooling Policy of Delhi, which has been gathering dust for nearly two years now. The … READ FULL STORY The post How will Delhi’s updated Land Pooling Policy, impact Delhi-NCR’s property market appeared first on Housing News.
The land pooling policy, which is set to expand the urban limits of Delhi, was notified by the Ministry of Urban Development (MoUD) in September 2013 while the regulations for operationalisation of the policy were approved in May 2015 by the Ministry
Once the amendment is through, confirming the identity of buyers and sellers of properties will be possible by simply matching the biometric information. It will help them register properties from their homes