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  • No crash after stamp duty hike, but a slowdown as Mumbai real estate finds its CASA Apr 04, 2021 05:14 PM IST

    No crash after stamp duty hike, but a slowdown as Mumbai real estate finds its CASA

    The Maharashtra government may have gotten carried away with this fleeting phase of success. For the developer that means there is a long road ahead. But one that can be crossed. 

  • Cement makers allege builders spreading ‘misinformation’ as spat intensifies Feb 10, 2021 04:45 PM IST

    Cement makers allege builders spreading ‘misinformation’ as spat intensifies

    Two days before builders go on a day-long strike against alleged price hike, cement association sends a strongly-worded statement. Similar charges also traded between user industries and steel companies

  • Diwali sparkle for realty sector: Govt announces tax relief on sale of housing units during COVID-19 for homebuyers, builders Nov 12, 2020 04:41 PM IST

    Diwali sparkle for realty sector: Govt announces tax relief on sale of housing units during COVID-19 for homebuyers, builders

    An additional outlay of Rs 18,000 crore for the Pradhan Mantri Awaas Yojana Urban has also been announced.

  • Stuck with a housing unit and want a quick exit? Try swapping it with a completed property Oct 06, 2020 05:06 PM IST

    Stuck with a housing unit and want a quick exit? Try swapping it with a completed property

    But study the scheme documents thoroughly and pay special attention to the fine print. Make sure you don’t sign on any document that restricts your right as a consumer or waives any liabilities of the developer

  • Centre’s decision on IBC may impact homebuyers’ interests: Experts Sep 25, 2020 02:34 PM IST

    Centre’s decision on IBC may impact homebuyers’ interests: Experts

    The extension unlikely to impact ongoing cases. However, delivery of homes may get delayed and buyers may not be able to initiate corporate insolvency resolution process (CIRP) in case of fresh matters

  • Over 15 Noida builders get 6-month extension up to December 2021 to complete pending projects Aug 19, 2020 02:41 PM IST

    Over 15 Noida builders get 6-month extension up to December 2021 to complete pending projects

    The Noida Authority board also gave its nod to the decision of not imposing penalty on land allottees who could not get their documents executed during the lockdown period

  • Extension of COVID-19 loan moratorium - know the implications Aug 05, 2020 12:24 PM IST

    Extension of COVID-19 loan moratorium - know the implications

    Borrowers who want to consider restructuring their loans with their respective banks will need to check the fine print. It is important to establish the exact amount of their monthly EMIs once the moratorium period ends

  • Over 80 stressed housing projects to get funding of over Rs 8,700 crore under SWAMIH Fund Jul 24, 2020 11:31 AM IST

    Over 80 stressed housing projects to get funding of over Rs 8,700 crore under SWAMIH Fund

    Investments in 18 projects have been given final clearance and disbursement is at various stages across 7 residential projects; Builders and buyers welcome the move

  • Extending RERA deadline for real estate projects “illegal”, homebuyers write to PM Modi Jun 08, 2020 10:42 AM IST

    Extending RERA deadline for real estate projects “illegal”, homebuyers write to PM Modi

    Extension should only be for the actual period of the lockdown when construction was not permitted, they said  

  • The reality of realty  Jun 05, 2020 09:30 AM IST

    The reality of realty 

    What is truth about the real number of projects being stalled and the belief that prices of realty will definitely fall in the post-Covid era ?

  • Coronavirus impact | UP RERA extends real estate project timelines by six months May 21, 2020 11:56 AM IST

    Coronavirus impact | UP RERA extends real estate project timelines by six months

    Last week, the Centre issued an advisory to regulatory authorities of all states and Union territories, directing them to treat COVID-19 pandemic as 'Force Majeure' or an act of God. It allowed extension of timeline to complete projects by six months

  • Explainer | FM’s ‘no fresh insolvency’ offer comforts builders, but what about homebuyers? May 19, 2020 07:55 AM IST

    Explainer | FM’s ‘no fresh insolvency’ offer comforts builders, but what about homebuyers?

    Measure does little to boost housing sales and may curtail remedies available to homebuyers, say legal experts

  • Centre issues advisory to states on extending RERA deadline for projects May 14, 2020 12:49 PM IST

    Centre issues advisory to states on extending RERA deadline for projects

    Acting on the central advisory, Rajasthan Real Estate Regulatory Authority extends deadline for projects by a year.

  • Coronavirus impact | Will Force Majeure come to rescue of builders, homebuyers May 04, 2020 11:34 AM IST

    Coronavirus impact | Will Force Majeure come to rescue of builders, homebuyers

    While real estate developers will be struggling to comply with completion dates approved by RERA, homebuyers too would be unsure when they would get physical possession of their homes

  • Builders in Uttar Pradesh ask state government to reduce circle rates, waive stamp duties Apr 29, 2020 09:37 PM IST

    Builders in Uttar Pradesh ask state government to reduce circle rates, waive stamp duties

    Lease rent should be deferred for a year and extension for 12 months should be given for paying interest installments as restarting construction activities may take time, the realtors said

  • Coronavirus lockdown: Here’s what you should know if you bought a house under subvention scheme Apr 28, 2020 03:06 PM IST

    Coronavirus lockdown: Here’s what you should know if you bought a house under subvention scheme

    Real estate experts caution that several builders may find it difficult to service their interest payment commitments with sales drying up due to the lockdown.

  • Coronavirus lockdown 2.0: Builders tread cautiously before resuming construction Apr 21, 2020 08:57 PM IST

    Coronavirus lockdown 2.0: Builders tread cautiously before resuming construction

    While some have applied for permissions, others are in wait and watch mode.

  • Coronavirus | Prolonged outbreak may hit real estate developers’ cash flows, project execution: ICRA Mar 27, 2020 06:17 PM IST

    Coronavirus | Prolonged outbreak may hit real estate developers’ cash flows, project execution: ICRA

    ICRA said committed collections receivable from sales may get impacted as milestone based payments get deferred and homebuyers delay payments on account of economic uncertainties,

  • RBI's move to put EMIs on hold a big relief for homebuyers, builders: Experts Mar 27, 2020 01:52 PM IST

    RBI's move to put EMIs on hold a big relief for homebuyers, builders: Experts

    RBI's move will help builders in loan repayment and working capital management and homebuyers in servicing loans, say experts.

  • COVID-19: May the force (majeure) be with you! Mar 26, 2020 10:15 AM IST

    COVID-19: May the force (majeure) be with you!

    Considering the ingredients of a ‘force majeure’ event and the fact that COVID-19 has world-wide led to a situation which is far worse than SARS and Ebola, it should be conclusively categorised as a ‘force majeure event’

  • IBC amendment Bill 2019: Finding the middle ground a must Mar 02, 2020 01:49 PM IST

    IBC amendment Bill 2019: Finding the middle ground a must

    The onus is now on the SC to find a middle-ground whereby rights of homebuyers as financial creditors are not curtailed and the developers are not made to bear the brunt of unfettered rights vested in the hands of buyers

  • Listed real estate builders see jump in housing sales revenue Feb 19, 2020 02:02 PM IST

    Listed real estate builders see jump in housing sales revenue

    "Collective revenues in third quarter of fiscal 2020 stood at a little less than Rs 5,800 crore, increasing 4 percent on a quarterly basis and 2 percent in a year," the report by Anarock said.

  • Amendments to insolvency law ‘unreasonable’ and ‘regressive’, homebuyers say Feb 11, 2020 10:28 AM IST

    Amendments to insolvency law ‘unreasonable’ and ‘regressive’, homebuyers say

    Buyers are directly impacted by these changes and should be given an opportunity to be heard

  • Budget 2020: Caring to give a push to the real estate sector Feb 07, 2020 12:02 PM IST

    Budget 2020: Caring to give a push to the real estate sector

    In a tightrope walk, the FM has proposed small giveaways but has promised a host of policy measures for the real estate sector to invest in building the backbone of the country

  • Economic Survey 2020: Housing prices remained elevated, builders must be willing to take ‘hair cut’ Jan 31, 2020 02:28 PM IST

    Economic Survey 2020: Housing prices remained elevated, builders must be willing to take ‘hair cut’

    Higher investment in housing by households may increase the fixed investment in the economy, it says

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