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  • Four years of RERA: Around 63,583 real estate projects registered; 65,539 complaints disposed of May 05, 2021 04:52 PM IST

    Four years of RERA: Around 63,583 real estate projects registered; 65,539 complaints disposed of

    Uttar Pradesh has disposed of the most complaints in four years (nearly 26,510 cases), followed by Haryana with 13,269 cases and Maharashtra with 9,265 cases; the three states together accounted for 75 percent share of disposed cases.

  • COVID-19 second wave: Only 7% of Mumbai property registrations in April were new sales May 03, 2021 03:28 PM IST

    COVID-19 second wave: Only 7% of Mumbai property registrations in April were new sales

    Up to 93 percent of 10,136 registrations were from property deals closed between December 2020 and March 2021.

  • Almost half of housing sales in January-March 2021 contributed by affordable housing segment: Report Apr 30, 2021 03:20 PM IST

    Almost half of housing sales in January-March 2021 contributed by affordable housing segment: Report

    Weighted average prices for new launched projects in a majority of India’s top cities remained muted in the past few quarters, with prices appreciating marginally in the range of 1–3 percent annually, the PropTiger report said

  • Real estate developers help out with hospital infrastructure; some decide to bear cost of COVID-19 vaccination for homebuyers Apr 30, 2021 02:47 PM IST

    Real estate developers help out with hospital infrastructure; some decide to bear cost of COVID-19 vaccination for homebuyers

    The Confederation of Real Estate Developers' Association of India has announced that it will provide free vaccination to over 2.5 crore construction workers at the sites of its over 13,000 developer members across 217 Indian cities and towns.

  • Housing sales in Tier 1 cities increase by 9%; Bengaluru witnessed maximum recovery followed by NCR Apr 27, 2021 02:49 PM IST

    Housing sales in Tier 1 cities increase by 9%; Bengaluru witnessed maximum recovery followed by NCR

    Unsold units remained stable on a QoQ basis, and the current unsold across the top 8 cities stands at 915,982 units. Ahmedabad witnessed a maximum reduction in unsold stock at 7%

  • Price gap between ready and under construction homes lowest ever at 3-5% in Q1 2021 Apr 26, 2021 02:18 PM IST

    Price gap between ready and under construction homes lowest ever at 3-5% in Q1 2021

    NCR and MMR recorded the least price difference between RTM and UC homes at 3%.

  • Strong demand for housing structural in nature and will continue to stay: Deepak Parekh Apr 22, 2021 05:05 PM IST

    Strong demand for housing structural in nature and will continue to stay: Deepak Parekh

    Technology can help bring about the much-needed transparency and accountability in the real estate sector, and also improve cost efficiencies, Parekh said.

  • COVID-19 Second Wave: Real estate projects may get delayed; cash flow issues likely to increase Apr 22, 2021 01:04 PM IST

    COVID-19 Second Wave: Real estate projects may get delayed; cash flow issues likely to increase

    Real estate may face more pain than last year, when the government and the central bank had stepped in for support, but residential property prices may rise as the stress reduces supply, and demand in small cities may increase because of remote working.

  • Residential sales in Delhi-NCR up 23% in Q1 2021 compared to Q4 2020: JLL Apr 21, 2021 02:13 PM IST

    Residential sales in Delhi-NCR up 23% in Q1 2021 compared to Q4 2020: JLL

    But with several state governments enforcing stringent lockdown like restrictions, there may be an impact on real estate business in the next few months

  • The carpenter who built tiny homes for Toronto’s homeless Apr 17, 2021 03:08 PM IST

    The carpenter who built tiny homes for Toronto’s homeless

    The city’s bureaucrats called them illegal and unsafe, and stapled trespass and eviction notices to many, informing their residents that the city had rented out hotel rooms for them. But to the people who live in them, the shelters are a tiny room of one’s own, providing a sanctuary from disease and danger.

  • COVID-19 impact: Compact housing gains traction in India Apr 16, 2021 01:10 PM IST

    COVID-19 impact: Compact housing gains traction in India

    Such homes also have good resale potential. Investors or owners of large apartments are struggling to resell at current prices

  • Upcoming metro corridors to push up land prices in vicinity by 10-15%: JLL Apr 14, 2021 04:21 PM IST

    Upcoming metro corridors to push up land prices in vicinity by 10-15%: JLL

    A 20-25 percent growth has been observed in retail and commercial prices along metro corridors, owing to reduced commuting costs and job generation opportunities, JLL has said in its analysis.

  • UPRERA directs real estate developer to complete stuck project in Ghaziabad Apr 13, 2021 04:35 PM IST

    UPRERA directs real estate developer to complete stuck project in Ghaziabad

    The developer has been directed to deposit an upfront amount of Rs 1 crore in the separate account of the project.

  • Home sales increase 12% in Jan-March quarter on stamp duty, loan rate cuts: PropTiger Apr 08, 2021 03:10 PM IST

    Home sales increase 12% in Jan-March quarter on stamp duty, loan rate cuts: PropTiger

    Hyderabad witnessed a growth of 39% on a YoY basis, followed by Chennai and Kolkata at 23% each. Delhi NCR reported a growth of 14% on a YoY basis, the report said.

  • RBI maintains status quo on repo rates; low mortgage rates to provide room for continued residential real estate growth Apr 07, 2021 01:08 PM IST

    RBI maintains status quo on repo rates; low mortgage rates to provide room for continued residential real estate growth

    The extension of the TLTRO scheme by six months is expected to ensure adequate liquidity in the form of housing finance to real estate developers and provide stability in the Covid-19 era

  • Residential property sales up 44% in Jan-Mar 2021 across 8 cities: Knight Frank India Apr 05, 2021 08:00 PM IST

    Residential property sales up 44% in Jan-Mar 2021 across 8 cities: Knight Frank India

    Mumbai and Pune lead the sales and launches for top markets of India

  • Future of co-living in India after COVID-19: 3 crucial factors Apr 05, 2021 10:04 AM IST

    Future of co-living in India after COVID-19: 3 crucial factors

    The co-living ecosystem offers low entry cost with flexible deposits, no brokerage and affordable rentals in highly desirable housing markets. Also, it offers flexibility and convenience by reducing the commute times while providing easy access to social and physical infrastructure.

  • Harsh Vardhan Patodia takes over as real estate body CREDAI’s new president Mar 30, 2021 02:52 PM IST

    Harsh Vardhan Patodia takes over as real estate body CREDAI’s new president

    Announces setting up of CREDAI Start-up Angel Network and Incubation & Acceleration Center to support start-ups in real estate sector and Credai’s Research and Analytics Centre

  • Amrapali’s 46 units up for sale by NBCC receive around 100 applications Mar 26, 2021 10:02 AM IST

    Amrapali’s 46 units up for sale by NBCC receive around 100 applications

    Results of the draw expected to be announced by April 15

  • Housing sales in top 7 cities recover in Q1 2021; breach pre-COVID-19 levels: Reports Mar 25, 2021 06:02 PM IST

    Housing sales in top 7 cities recover in Q1 2021; breach pre-COVID-19 levels: Reports

    This growth has been on the back of historically low home loan interest rates, stagnant residential prices, lucrative payment plans and freebies from developers and government incentives such as the reduction of stamp duty in states like Maharashtra and Karnataka

  • 12,696 properties registered in Mumbai in March 2021, second highest since September 2020: Knight Frank India Mar 25, 2021 05:42 PM IST

    12,696 properties registered in Mumbai in March 2021, second highest since September 2020: Knight Frank India

    Apartments worth Rs 38,343 crore have been sold till date in 2021; Total expected registrations to be upwards of 17,800 units for March 2021

  • Shapoorji Pallonji launches new phase of Joyville Howrah Mar 23, 2021 06:52 PM IST

    Shapoorji Pallonji launches new phase of Joyville Howrah

    The new phase will have around 240 units of 2 BHK and 3 BHK configuration, ranging from 621 sq. ft. to 831 sq. ft. The starting price of 2 BHK unit is Rs 35.9 lakh and 3 BHK is 48.2 lakh

  • Will non-extension of moratorium on new insolvency proceedings unleash an avalanche of distressed real estate projects? Mar 23, 2021 09:53 AM IST

    Will non-extension of moratorium on new insolvency proceedings unleash an avalanche of distressed real estate projects?

    A liquidity-starved realty sector needs more stress funds like SWAMIH. Institutions need to be encouraged to establish such reserves and extend credit facilities to a developer for last mile funding to complete stalled projects, even though the record of NCLT projects handed over to third party developers, is as yet, unproven

  • Latest twist to timeshares - fractional ownership of luxury vacation homes and luxury resorts Mar 22, 2021 04:37 PM IST

    Latest twist to timeshares - fractional ownership of luxury vacation homes and luxury resorts

    During COVID-19, fractional ownership is a viable option for occasionally escaping the claustrophobic city and its virus containment areas - or to rent out the option if travel is not possible, with the proceeds being shared among the co-owners

  • Outlook for NCR residential real estate market remains negative due to 222 mn sq ft unsold stock: ICRA Mar 22, 2021 04:00 PM IST

    Outlook for NCR residential real estate market remains negative due to 222 mn sq ft unsold stock: ICRA

    Noida’s realty market has, in particular, witnessed significant issues, with certain developments undertaken by large developers getting delayed and undergoing litigation, which have adversely impacted consumer sentiment, it said

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