Before purchasing a property, prospective homebuyers visit at least 10 properties on an average.
Real estate experts say that the biggest challenge faced by developers today is that of falling sales and prices more or less remaining stagnant.
Some developers are of the opinion that there has been a shift in buyers/investor behaviour over the last few months. From an ownership driven model, the rental model is gaining traction.
In an interview with Moneycontrol, Sushil Kumar Sayal, MD and CEO, Bharti Realty, chalks out company’s progress in Aerocity.
In an interview to CNBC-TV18, Ashok Tyagi, Group CFO of DLF spoke about the latest happenings in the company as well as the takeaways from the RBI policy yesterday in terms of home loans becoming more affordable.
Finding it hard to purchase a house that suits your budget? A ‘half more’ apartment could be the solution for you.
The arrival of RERA has put paid to such underhanded activity, and only strong developers in the formal housing sector will prevail even in the affordable segment
At the CIDCO land auctions in Navi Mumbai last week, bids varied between Rs 65,250 and Rs 96,000 per sq m in comparison to Rs 1.15 lakh – Rs 1.25 lakh in November.
Housing project launches declined by 8 percent from the announcement of Real Estate Regulatory Act (RERA) in March last year and demonetisation in November 2016.
The Act also does not offer any solution to project delays on account of authorities delaying environment paper work or any penalties on such authorities.
While RERA occupied the mind space for most of the week, the markets too have been volatile enough to attract attention of investors.
All you need to know to bring you up to speed with the world of personal finance this week.
In an interview to CNBC-TV18, Ashok Chhajer, CMD of Arihant Superstructures spoke about the latest happenings in his company and sector.
It's been a month since RERA or Real Estate Regulation and Development Act came into force. States were all meant to have rules, regulator and a website in place, for the builders to register their projects with full disclosures. However, the progress on RERA at the state level has been painfully slow and is also worrying. CNBC-TV18's Manisha Natarajan gives an update.
It's been a month since RERA became effective. It is under various stages of implementation in the states and Union Territories. Here is a report card.
A home buyer will have to register the agreement to sale at the time of booking. Under RERA he will have to pay 10 percent the day he executes an agreement with the developer and registers it.
In the near term, the government will try to keep the impact of GST least disruptive as possible
Underpenetrated markets, govt's affordable housing push and near-zero impact of GST rollout on housing sector make housing-related plays attractive bet for MF players.
Realty major DLF's net sales bookings fell sharply by 63 percent to Rs 1,160 crore during the last fiscal due to demand slowdown in the property market.
As the Narendra Modi Government completes 3 years in office, it is time to keep a track of our money matters and stick to our financial plan.
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
In an interview to CNBC-TV18, Abhishek Somany, MD of the company spoke about the results and his outlook for the company.
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.