The real estate developer will launch four towers initially, while the remaining six towers will be opened depending on demand.
ANAROCK data suggests that 2014 (the year of the last general elections) saw the maximum launches and absorption across the top 7 cities.
The move comes at a time when Lok Sabha elections are approaching fast. The first phase of elections will take place on April 11.
Global gap between house prices and income estimated to be $740 billion in 2018
The scheme opens on March 25 and will close on May 10
With the government providing options to the developer under the GST regime, they cannot charge increase rates from buyers, say experts
Of the total 3.98 lakh units sold in sub Rs 40 lakh category, NCR and MMR hold 57 percent share, says a report
The authority has also imposed a penalty of five percent on the estimated cost of the real estate project.
The maximum reduction in average property sizes was seen in the budget housing segment priced less than Rs 40 lakh
This may not be the last housing draw by the Delhi Development Authority (DDA) as there are over 6,000 flats still under construction across Delhi, top DDA sources told Moneycontrol.
Bengaluru to witness fastest growth of UHNWIs population globally by 2023
This may not be the last housing scheme by DDA as there are still over 6000 units under various stages of construction across Delhi.
What are the circumstances under which a homebuyer can claim compensation and/or withdraw his or her investment from a project?
The date for the 2019 housing lottery is yet to be finalised, but sources said that scheme may be launched in the first week of March before election code of conduct kicks in
India's increasing demand for housing presents foreign developers with the opportunity of penetrating domestic markets through partnerships with local brands.
In its bid, NBCC has promised to deliver flats to homebuyers in four to five years from the transfer date, subject to the availability of the cash flows from the respective projects
The real estate sector has come under severe scrutiny from the apex court and consumer rights bodies due to some unethical practices followed by certain entities, he said.
"If RERA is able to resolve the matter within three to four months ‘good’, if not, then the NCLT can take it up," said Gautam Chatterjee.
Prime Minister Narendra Modi said sops announced in interim Budget 2019 will encourage the youth to purchase houses
They saw collective office space absorption of nearly 21 million sq ft as against just 6 million sq ft in entire NCR
Sessions being held at the two-day Credai YouthCon would focus on How Housing for All and RERA have changed the Game for Real Estate, When Finance and Real Estate Met and Importance of Finance in India’s Growth Story
The recommendations are "aimed at reducing the impact of GST on the end-consumer and simplifying the compliance requirements of the developer.
One residential house was an amendment which was introduced by the Finance Act 2014. The 2014 amendment had been causing hardship to middle class families which had to pay tax for separation of family property
May lead to fence sitters returning to the market and augment overall housing demand
The report is based on a survey covering over 150 stakeholders of the Indian real estate sector, including leaders from the development and financial side.