Tamil Nadu has the highest percentage share of rented households in India, followed by Andhra Pradesh and Maharashtra, according to a new report.
Pre-RERA, funding through the Purchaser Under Construction (PUC) route ensured developers could undertake large projects with lesser equity. Now a new mechanism will have to be evolved to infuse the much-needed liquidity into the sector
REIT-able office stock in the country to garner $35 bn of investments in near term
The launch of the centre will inch the company closer to its vision of 2,00,000 seats in 15 cities in the next 36 months.
While the general perception is that the cost of a seat at a co-working space exceeds the cost of renting an office space, the numbers tell a different story.
During the meeting, the regulator found that "the participants were keen on emerging areas such as REITs (real estate investment trusts) and InvITs, (infrastructure investment trusts) which have more than $10 billion asset size as on today".
Offers range from waivers on GST and stamp duty to the usual discounts on basic selling price, free coins, modular kitchens, electronic appliances to even free cars and virtual cash
'It is a significant and welcome move by the Reserve Bank of India (RBI)... to boost the credit flow and spur the economic growth of the country,' said Confederation of Real Estate Developers Association of India (Credai) National Chairman, Jaxay Shah.
The schemes would be available until December 31, the company said in a statement.
Questions UPRERA if it has safeguards in place to protect homebuyers against widespread complains of missing facilities and amenities, incomplete common areas and internal and external developments.
It is, however, imperative for banks to facilitate a faster transmission of these rate cuts to ensure that the measures reap results for the real estate sector, said experts.
In the new proposal that NBCC plans to submit before the Supreme Court next week, it may also propose completing all unfinished 16 projects within four years.
Bengaluru maintains top position in office space leasing, recording a gross absorption of 12.1 million sq ft during Jan-September period.
HDIL is at the centre of the crisis that hit Punjab and Maharashtra Cooperative (PMC) Bank as it had borrowed a substantial amount from the bank.
"We have been directed by the court to come up with a comprehensive resolution plan and it is in the works," sources told Moneycontrol.
Hyderabad tops the chart in net absorption and new completions of office space, registering a 36 percent and 44 percent market share respectively.
The three projects -- located at Thane, Bhiwandi and Taloja -- will be launched this financial year under a separate brand Crown, the company said.
Shareholders approved the resolution in the annual general meeting held on September 26, 2019, it said in a BSE filing.
Directs Kerala govt to disburse Rs 25 lakh to owners as interim compensation; remaining amount to be decided by the committee set up to evaluate the total amount payable to residents as damages.
Here's a look at the CRZ norms and a check-list for homebuyers wanting to purchase a beachfront house or an apartment should keep in mind before investing their money
Interestingly, until late 90s, many Indians preferred to buy homes using their savings rather than opting for home loans.
Not too long ago, mutual fund investment was perceived to be for the rich alone. But now with ample awareness around the subject, the focus has shifted to make it a more inclusive affair.
Occupancy certificate received for over 4 lakh sq ft of area.
The initiative by a Bengaluru-based real estate developer is open to buyers booking properties between September 27 to 29.
NCR, which is one of the worst-hit residential markets in recent years, has seen the least decline of merely 6 per cent during this period, Anarock Research said in a report.