BUSINESS
Gurgaon apartment roof collapse: Here’s what homebuyers should know about structural safety of buildings
The collapse highlighted the potential risks of moving into a property, whether old or new. Moneycontrol brings you a primer on the things to watch out for.
BUSINESS
SC disposes of application filed by homebuyers’ body over non-implementation of RERA in West Bengal
The order was passed after West Bengal’s government informed the Supreme Court that chief justice of the Calcutta High Court has nominated a senior judge to implement RERA in the state.
BUSINESS
RBI Monetary Policy: Low-interest rate regime will enable more homebuyers to invest in real estate
One of the important factors driving home buying is record-low mortgage rates. With this unchanged policy rate, the lending agencies will continue to maintain the prevailing low home loan interest rate.
BUSINESS
Phoenix Mills to open five malls by 2025; combined cost is Rs 5,300 crore
Mall of Asia in Bengaluru will be spread across 1.2 msf and will be among the largest in India
BUSINESS
Noida Authority directs Supertech to mobilise resources for demolition of Noida twin towers by February 20
The directions were given at a meeting convened by Noida Authority CEO Ritu Maheshwari on February 9 to finalise the roadmap to demolish the Supertech twin towers.
BUSINESS
UP elections 2022 | Stuck registrations, delayed possession: ‘Homebuyer’ candidate bets on realty woes in Greater Noida
In Greater Noida, there are almost a lakh buyers who are waiting to get their houses registered. Another 50,000 are yet to get delivery. There are thousands of buyers who are fighting for basic amenities in housing societies.
BUSINESS
Budget 2022: Will non-extension of tax benefits for affordable housing impact sales?
The non-extension of the benefits may impact the low- and middle-income groups inclined towards buying their first home by availing the tax sops.
BUSINESS
Tepid response to auction of BSNL and MTNL properties
The properties include four BSNL land parcels and residential flats in two properties owned by MTNL. No response had been received to the auction of land assets belonging to BSNL, officials told Moneycontrol
BUSINESS
Byju's leases 44,000 sq ft office space in Mumbai for Rs 27 crore for five years
The company has paid a total security deposit of Rs 2.43 crore for the two floors.
BUSINESS
Supertech Twin towers case: Supreme Court orders demolition within 2 weeks
The top court also directed Noida CEO to convene meeting and finalise dates, schedule and timeline.
BUSINESS
Businessmen snag posh Delhi homes after flurry of IPOs, startup fundraising
Money from share sales is breathing life into the capital’s luxury property market as deals worth Rs 50-100 crore pick up after registration office reopens
BUSINESS
Supertech twin tower demolition case: SC directs builder to refund homebuyers by Feb 28
The court refuses to re-look at settlements reached between homebuyers and the developer for getting refund of their money
BUSINESS
Big deal: Skechers buys office space in Mumbai for Rs 175 crore
The footwear major paid a stamp duty of Rs 8.75 crore for the eight units in what is being described as one of the largest such deals in Mumbai since the outbreak of the coronavirus
BUSINESS
The Moneycontrol Real Estate Show | Decoding Budget 2022 for homebuyers and investors
Budget 2022: In this episode of The Moneycontrol Real Estate Show, Moneycontrol's Vandana Ramnani talks to Anshul Jain, Managing Director, India and South East Asia, Cushman & Wakefield, to understand what’s in it for homebuyers and investors in Budget 2022 and the issues that the Budget did not capture. Listen for more
BUSINESS
Budget 2022 | Real estate sector welcomes Rs 48,000 crore allocation for affordable housing; homebuyers disappointed
Budget 2022 | Homebuyers expressed unhappiness over the absence of any additional tax deduction on interest paid on home loans or relief for buyers stuck with incomplete projects.
BUSINESS
Budget 2022 | FM aims for land record digitisation, focuses on urban settlements near transit systems
Urban planning cannot continue with a business-as-usual approach; paradigm change needed: FM
BUSINESS
Budget 2022: Data centres to be given infrastructure status to boost financing of sector
Move to provide easy financing: FM
BUSINESS
Budget 2022: Affordable housing gets major boost
As many as 80 lakh homes are expected to come up by 2023.
BUSINESS
Economic Survey 2022: Construction sector to grow at 10.7%; touches pre-pandemic levels
The real estate services sector along with financial and professional services, too, is expected to witness a 4% growth in FY2022 after a decline of 1.5% last year.
BUSINESS
Economic Survey 2022 | Property deals reel under COVID shock but prices stay firm
Between two COVID-19 waves, from June 2020 to April 2021, housing transactions recovered swiftly, as quarterly purchases crossed even the pre-pandemic levels for all the selected cities
BUSINESS
The Moneycontrol Real Estate Show | Here's what homebuyers can expect from Budget 2022
In this episode of The Moneycontrol Real Estate show, Moneycontrol's Vandana Ramnani talks to Gaurav Karnik, India Real Estate Leader at Ernst and Young, to know what homebuyers and investors can expect from Budget 2022. Listen for more
BUSINESS
Property acquired in spouse’s name allowed for exemption under Section 54: Karnataka high court
The high court also ruled that property in spouse’s name cannot be construed as owned by the income tax assessee for determining eligibility for exemption under Section 54F
BUSINESS
Explained | Hindu daughters can inherit father’s property even if he doesn't leave behind a will
The judgment sets out to clear the misconception about the succession rights of Hindu women to their father’s property, but may open the gates to litigation over cases in which daughters were denied their due share, legal experts say.
BUSINESS
Homebuyers' body approaches SC over non-implementation of RERA in West Bengal
RERA website of the state is not yet operational, homebuyers' body FPCE said. On the contrary, the website of WBHIRA Regulatory Authority continues to exist thereby misleading homebuyers, it added.
