Sep 13, 2020 11:10 AM IST
Pepsi may have made millions by putting fewer chips in a Lay’s bag but developers’ ploy to shrink apartment sizes won’t help them for long, as homebuyers will want value for their money.
- Sep 07, 2020 11:14 AM IST
The loans have been disbursed under the Pradhan Mantri Awas Yojana Credit Linked Subsidy Scheme
- Sep 04, 2020 10:49 AM IST
Mumbai stamp duty numbers are likely to go up during the festival season after pitru paksha ends
- Sep 03, 2020 06:06 PM IST
NBCC has to generate Rs 8,000 crore to complete all stalled Amrapali projects within three years. Around 50 percent of the amount is to be paid by homebuyers; part of the money is expected to come from unsold inventory and from the sale of Floor Area Ratio
- Sep 02, 2020 10:32 AM IST
Any unreasonable escalation of flat cost by the builder ‘unfair’, the consumer court said
- Aug 31, 2020 12:58 PM IST
Singhal and the builder sealed the deal for the flat in Sahyadri in 1995. When the builder failed to hand over the flat as promised, Singhal approached the Maharashtra State consumer Disputes Redressal Commission, and, later, the NCDRC. The national commission finally ordered a compensation almost six times the cost of the flat.
- Aug 27, 2020 03:09 PM IST
Experts say that while this temporary but strong inoculation into the dampened market sentiment will help revive sales, it may not be enough. Tax sops by the government and discounts by developers may do the trick
- Aug 25, 2020 06:19 PM IST
A flat in Worli, bought for Rs 9 crore nine months ago, is sold for Rs 6.8 crore. Barter housing stock refers to units given to contractors and vendors by builders in exchange for services rendered.
- Aug 25, 2020 02:59 PM IST
Buyers are opting for ready-to-move-in homes rather than those under construction as in the latter case, the projects could get delayed and miss delivery deadlines
- Aug 24, 2020 08:25 PM IST
Work on all projects are likely to be completed within 9 to 36 months. Completion depends on timely deposit by homebuyers and arrangement of funds from other sources, says NBCC CMD PK Gupta.
- Aug 24, 2020 02:54 PM IST
A few developers are targeting homebuyers who belong to these Tier 2 cities and are offering low rise condominiums and affordable plots.
- Aug 21, 2020 06:41 PM IST
The fund will enable completion of 71,559 dwelling units across various parts of the country, the finance ministry said
- Aug 20, 2020 12:25 PM IST
This takes the total number of proposals approved for the Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects (SWAMIH I) to 101 and the total investments to over Rs 10,000 crore
- Aug 19, 2020 09:02 PM IST
The two authorities generally charge interest at the rate of 11 percent from developers, who pay for housing land in installments.
- Aug 17, 2020 01:55 PM IST
The real estate authority has also looked into projects where the date of completion has lapsed and the developers have not uploaded their completion certificates or the occupancy certificates on the UPRERA website.
- Aug 14, 2020 12:20 PM IST
Considering that homebuyers do not benefit much from it, it is advisable for them to request developers for revision of their agreements and sale deeds
- Aug 13, 2020 07:25 PM IST
The SC lashes out at the Centre for not releasing funds from SBICAP stress asset fund, warns that if the proposal is not finalised within a week, it will pass orders for financing the projects independently.
- Aug 13, 2020 11:29 AM IST
The apex bank’s recent announcements address the need to restructure personal loans but do not go as far as to address the whole body of home loans which would’ve provided much needed relief to the homebuyers
- Aug 11, 2020 05:54 PM IST
Homebuyers say that they have waited far too long and want their homes to be registered at the earliest
- Aug 06, 2020 04:52 PM IST
The medical insurance scheme is valid for three years and the premium amount would be paid by the developer upfront.
- Aug 06, 2020 12:52 PM IST
IRP Anuj Jain has been directed to continue managing the affairs of the embattled firm
- Aug 06, 2020 12:19 PM IST
Financial experts are of the opinion that this is an evolving asset class and should be bought closer to the year of retirement
- Aug 05, 2020 04:54 PM IST
Home offices have become important, with 64 percent of the respondents saying they are more likely to work from home post-lockdown
- Aug 05, 2020 12:24 PM IST
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
- Aug 01, 2020 09:55 AM IST
Customers of the beleaguered real estate company could receive possession of their delayed homes within four years under a government proposed resolution plan