Construction of the 14.98 km extension of the Aqua Line from Greater Noida West to Greater Noida's Knowledge Park V is expected to start in the next three months.
NBCC in its final bid has offered 1,526 acres of land to lenders as against its earlier proposal of 1,426 acres; Suraksha Realty proposes 2,220 acres of land worth Rs 9,800 crore under the land-debt swap deal
Zero period for builders whose projects are stuck in litigation. Benefit only for developers who provide written assurance that they would complete housing units by June 30, 2021
Mumbai is the only city that has not yet shown any signs of recovery, according to an analysis by a property consultant.
Primary sales market in Tier 1 cities offers limited scope for 'black' money transactions; Tier 2 and 3 cities present a different picture
The country's top 35 cities recorded sales of 91,115 units in the September quarter, while 1,310,570 houses have remained unsold.
NCR to see highest RTM stock with over 68,070 units and Chennai least with 10,860 units.
The year-on-year growth in sales volumes remained healthy at 12 percent; launches stood at 7.35 mn sq ft and deliveries at 14.49 mn sq ft.
Since Delhi-NCR’s pollution problems will not reduce demand for inner-city housing, adjoining (sometimes less polluted) areas will not benefit from pollution-induced outward migration.
Mumbai moved up by two places to 28th spot, clocking a 0.8 percent year-on-year rise in prices while Bengaluru slipped five places to 20th place.
As much as $8.8 billion of the total foreign investments backed commercial real estate. The residential sector attracted just $1.5 billion of foreign PE in the same period.
Linking properties with Aadhaar can help in the inclusive growth of the realty sector, bring down property prices to realistic levels in the long-term, and ensure effective identification of Benami properties.
Weak outlook of key user industries to aggravate problems for Pune residential real estate; accelerated market consolidation likely.
Says Jaypee buyers strongly believe that there are several instances that prove that their money was diverted and used for other purposes.
The government’s focus on Housing for All makes it a worthy bet
The injury from WeWork debacle went beyond money... It may now mean the joyride for startups funded by SoftBank is over and it's time for them to show the money.
Finance Minister Nirmala Sitharaman said the government will put in Rs 10,000 crore in this Alternative Investment Fund (AIF) while State Bank of India and LIC would together provide Rs 15,000 crore, taking the total size to Rs 25,000 crore
Real estate projects facing litigation in higher courts will not be covered under the bailout plan.
As per ICRA estimates, around Rs 35,000-45,000 crore would be required to fund the completion of the revised quantum of 4.58 lakh eligible dwelling units.
Suggestions have been received from consumers, chiefs of financial institutions, real estate developers and other stakeholders.
The project to be launched on Makar Sankranti aims to bring transparency in the real estate sector and offer certified projects available across the country.
The counsel for homebuyers opposed the plea and said that there is a window until November 14 for the revised plan of NBCC to be considered by CoC.
Overall sales value was highest in MMR (Rs 62,970 crore), followed by Bengaluru (Rs 28,160 crore) and NCR (Rs 24,860 crore),
Over 3.1 lakh units are set to enter the market in the last three months of 2019 while the remaining 4.83 lakh units would be delivered through the course of 2020, the report by PropTiger.com said.
In tier-I cities, property enquires have increased by 15-20 percent and nearly 70 percent of them are for ready-to-move-in properties.