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
Among cities, Bangalore and Pune both rely heavily on IT companies for not only job creation but also to drive office and residential real estate demand
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.
Real estate experts say that stamp duty and property taxes may continue to be levied on immovable properties
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.
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
With the Real Estate (Regulation and Development) Act 2016 (RERA) becoming effective from May 1, 2017 and to comply with the stringent conditions enforced builders to redraw their building plans and finance arrangements.
Within Mumbai, the western suburbs’ micro-market registered a growth of 2.5 percent in average rentals, followed by SBD Central at 2 percent, eastern suburbs at 1 percent, SBD North at 1 percent, and SBD BKC at 1 percent.
Only 3 developers have so far registered on Maharashtra government's fully-functional RERA website.
President Pranab Mukherjee on Friday gave his assent to the Land Acquisition Bill passed by Telangana Legislature with changes suggested by the Centre last month. The long awaited bill is expected to be a booster shot for the states infrastructure and irrigation projects. CNBC-TV18's Nithya Balakrishanan reports further on the development.
The news of I-T jobs crashing in India is sending shivers down the spine of another industry -- real estate. Housing markets in southern cities which cater largely to the needs of India's young I-T workforce may not be able to bounce back, as they were once hoping to do, reports CNBC-TV18's Manisha Natarajan.
Townships will come under pressure under RERA as developers will have to execute these projects in phases
Urbanisation and changing demographics have pushed the demand for housing far beyond current supply
Real estate brokers agree that the soundbytes from the US administration have been rather harsh on Indian IT professionals