December 02, 2020 01:05 PM IST
The scheme requires homebuyers to pay 10% upfront and the remaining amount only at the time of possession. While many builders are boosting sales through the scheme, especially during COVID-19, buyers should go for it, only if it does not involve taking loans at the booking stage itself.
- December 02, 2020 10:28 AM IST
In COVID times, Lucknow Municipal Corporation will progress towards achieving the ‘Aatmanirbhar’ goal with the listing of municipal bonds worth Rs 200 crore, the chief minister said
- November 30, 2020 12:22 PM IST
A poll by the popular RoadsofMumbai Twitter handle reveals that 82% of prospective home buyers now keep quality of traffic as a factor in deciding the location for a home purchase in Mumbai.
- November 26, 2020 01:43 PM IST
While draft proposals have been widely welcomed, their implementation will be so simple. The act will not be binding on the states, as land and urban development remain state subjects.
- November 19, 2020 08:19 AM IST
Eight other cities have raised municipal bonds so far. These include Amaravati (Rs 2000 cr), Visakhapatnam (Rs 80 cr), Ahmedabad (Rs 200 cr), Surat (Rs 200 cr), Bhopal (Rs 175 cr), Indore (Rs 140 cr), Pune (Rs 495 cr) and Hyderabad (Rs 200 cr)
- November 16, 2020 02:44 PM IST
Payment plans like 'pay 5 percent now and rest on possession' are the biggest reason for housing sales to show traction in the last three months for under-construction projects.
- November 10, 2020 07:46 PM IST
The auction was held by authorities under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act (SAFEMA)
- October 30, 2020 02:27 PM IST
The number of transactions in October 2020 touches 8,000 compared to 5,811 last year. This number is also the fourth highest monthly registrations in terms of volume and value since April 2013, says a study by Propstack.
- October 28, 2020 05:42 PM IST
What the central government’s rules allowing outsiders to buy urban, or non-agricultural land in Jammu and Kashmir, means for investors.
- October 28, 2020 09:34 AM IST
Several properties in the range of Rs 35 crore-Rs 55 crore have been registered after the state government decided to reduce stamp duty a few months ago to boost sales, post COVID-19. Housing sales are at 86 percent of pre-COVID levels in Mumbai, says report by real-estate firm.
- October 26, 2020 02:18 PM IST
The current stock stands at 10.90 mn sq ft and is expected to reach 11 mn sq ft by the end of 2020
- August 28, 2020 07:56 PM IST
The move will have a positive impact on price reduction during COVID times, says Durga Shanker Mishra.
- August 13, 2020 04:44 PM IST
Greater Noida represents a significant market for student housing with the requirement of over 83,000 students, says a report
- March 23, 2020 08:04 PM IST
"Corporate employers and HR teams seeking accommodation for their young employees in this time of crisis can also avail this benefit," it said.
- March 23, 2020 02:57 PM IST
CREDAI wants all EMIs payable by residential homebuyers as well those due from developers to be deferred by 12 months. The industry body is seeking zero stamp duty for 6 months and removal of property tax for the next one year.
- March 16, 2020 03:22 PM IST
Upgrade of Grade A buildings will not be affected by the outbreak, say real estate experts.
- March 15, 2020 06:17 PM IST
The average monthly rental for co-working spaces in Pune's central business district (CBD) areas like Laxmi Road, Camp, Bund Garden, Koregaon Park and Shivaji Nagar hover between Rs 5,000-10,000 per desk as against Rs 10,000-12,500 per desk in traditional office spaces (assuming 100 sq ft per desk for conventional commercial office space).
- March 08, 2020 02:24 PM IST
While there are some women who may have inherited the real estate business from their fathers, there are others who have proved their mettle and moved up the ranks.
- March 08, 2020 02:05 PM IST
The 125-year-old neighbourhood spanning 16.5-acres, not very far from the iconic CST, is already home to two newly-developed towers of 36 and 41-floors which are opening a new world of modern living for the families there.
- March 03, 2020 06:18 PM IST
The Rs 750 crore deposited by Jaiprakash Associates would also be part of the plan, NCLT said.
- March 03, 2020 02:49 PM IST
Chinese are the biggest cross-border lifestyle property buyers, especially in Europe and North America
- March 02, 2020 09:50 PM IST
Trends show that over 63 percent of homebuyers will buy property anytime during 2020; 46 percent bought property in 2019 because of attractive prices
- February 28, 2020 12:26 PM IST
The recent finance bill proposes to introduce a tax on dividends declared by a Business Trust at the unit holder level, creating two levels of taxation and jeopardizing any new fund raise by infrastructure and real estate companies
- February 26, 2020 01:10 PM IST
"It has been contended by the counsel for the applicant that in the map attached to the EIA (environmental impact assessment) project report shows that places like stadium and dussehra maidan have been included as area for development of green belt. In the meanwhile, we direct the parties to maintain the status quo as it exists today," the bench said.
- February 24, 2020 09:31 PM IST
These include open plots, residential, commercial and industrial properties across the country.