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  • COVID-19 impact: NRIs eye luxury homes; Bengaluru and Pune preferred real estate markets Feb 24, 2021 08:07 PM IST

    COVID-19 impact: NRIs eye luxury homes; Bengaluru and Pune preferred real estate markets

    As many as 73 percent NRIs prefer homes in the Rs 90 lakh to Rs 2.5 crore budget.

  • 10 big-ticket property deals inked during COVID-19 Feb 24, 2021 09:45 AM IST

    10 big-ticket property deals inked during COVID-19

    Sea-facing apartments, bungalows in tree-lined boulevards in the country’s power district and ultra-luxury homes with private lifts to guard privacy—when the rich and powerful go shopping, they go big. The need for a spacious home with a dash of green was never felt more acutely than it was during the lockdown. A cut in stamp duty in markets like Mumbai made the shopping experience even more gratifying.

  • COVID-19 impact: Noida’s stamp duty department likely to incur loss of around Rs 500 crore this fiscal Feb 15, 2021 12:59 PM IST

    COVID-19 impact: Noida’s stamp duty department likely to incur loss of around Rs 500 crore this fiscal

    While property registrations are gradually inching up, the department is behind meeting its revenue target for this fiscal

  • Pharma boss buys property in Hyderabad’s posh Jubilee Hills for Rs 41.3 crore Feb 13, 2021 12:10 PM IST

    Pharma boss buys property in Hyderabad’s posh Jubilee Hills for Rs 41.3 crore

    N Venkata Reddy, owner of pharma company Virchow Laboratories, was the buyer of the 1,537 sq. mt. property

  • Top 100 real estate projects in Mumbai witnessed sales worth Rs 25,000 crore in CY 2020: Report Feb 04, 2021 04:32 PM IST

    Top 100 real estate projects in Mumbai witnessed sales worth Rs 25,000 crore in CY 2020: Report

    Majority of the top projects are from Lower Parel, Worli, with sales of more than Rs 9,000 crore.

  • South Indian cities have the most serious property sellers in real estate market: Report Feb 03, 2021 03:20 PM IST

    South Indian cities have the most serious property sellers in real estate market: Report

    Nearly 55% of owner services users are outside four metros; 20% are women homeowners

  • ANAROCK acquires society and apartment management technology platform ApnaComplex Jan 19, 2021 01:12 PM IST

    ANAROCK acquires society and apartment management technology platform ApnaComplex

    To expand the PropTech SaaS operations exponentially across India and globally, enhance tech-suite and add new services bouquet

  • Former India cricketer Zaheer Khan buys property in Mumbai for Rs 11.5 crore Jan 18, 2021 01:33 PM IST

    Former India cricketer Zaheer Khan buys property in Mumbai for Rs 11.5 crore

    Besides filmstars, cricketers too bought premium properties in Mumbai to cash in on the stamp duty cut

  • Actor Karisma Kapoor sells Mumbai apartment for Rs 10.11 crore Jan 15, 2021 11:30 AM IST

    Actor Karisma Kapoor sells Mumbai apartment for Rs 10.11 crore

    Bollywood actor Karisma Kapoor and mother Babita Kapoor sell posh apartment at Khar in Mumbai, joining list of celebrities and industrialists who are making the most of a real estate boom in India’s financial capital.

  • More states consider reducing stamp duty to boost real estate sales: Housing secretary Jan 11, 2021 09:00 PM IST

    More states consider reducing stamp duty to boost real estate sales: Housing secretary

    The Maharashtra government had in August temporarily reduced stamp duty from 5 percent to 2 percent until December 31, 2020, and to 3 percent from January 1, 2021, until March 31, 2021.

  • Should you buy a house in 2021? Jan 05, 2021 10:53 AM IST

    Should you buy a house in 2021?

    There are enough compelling reasons for those who have secure jobs. Post the pandemic, property valuations are at realistic levels, mortgage rates are at the lowest, some states have started reducing the stamp duty and developers are offering flexible payment schemes and GST waivers

  • Should you buy a property when a bank auctions it? Dec 30, 2020 09:14 AM IST

    Should you buy a property when a bank auctions it?

    Real-estate experts say that auctions can sometimes offer heavy discounts, which is not available anywhere else

  • How to arrive at the right price of a house in the resale market Dec 21, 2020 09:35 AM IST

    How to arrive at the right price of a house in the resale market

    Property prices in resale markets are fixed arbitrarily by sellers. Home buyers should do their research well

  • Where to buy an apartment – townships or standalone buildings? Dec 17, 2020 09:58 AM IST

    Where to buy an apartment – townships or standalone buildings?

    There are advantages and disadvantages with both segments.

  • Explained: What does reduction in premium mean? Will it benefit Maharashtra’s real estate developers and homebuyers? Dec 16, 2020 07:36 AM IST

    Explained: What does reduction in premium mean? Will it benefit Maharashtra’s real estate developers and homebuyers?

    Reduced premiums can make projects viable for developers and help avoid project delays due to funding issues; lower development costs to realtors would mean lower purchase cost to homebuyers, which in turn can help boost demand.

  • COVID-19 impact: Sales of Mumbai apartments valued at over Rs 10 crore could drop 30-35% this year Dec 07, 2020 11:26 AM IST

    COVID-19 impact: Sales of Mumbai apartments valued at over Rs 10 crore could drop 30-35% this year

    The number of sale transactions in such properties dropped to 164 this year up to October 2020 from 311 during the same period last year

  • HDFC CEO Keki Mistry buys sea-facing Mumbai property worth Rs 41.23 crore Dec 06, 2020 01:39 PM IST

    HDFC CEO Keki Mistry buys sea-facing Mumbai property worth Rs 41.23 crore

    The property—offering views of the Arabian Sea and the Bandra-Worli Sea Link—is an upgrade for HDFC vice-chairman and CEO Keki Mistry. Homebuyers are rushing to register properties before December 31.

  • Exclusive: Sales, construction back to pre-COVID levels; no further capital requirement in near future: Sobha Group Vice-Chairman JC Sharma Nov 25, 2020 04:54 PM IST

    Exclusive: Sales, construction back to pre-COVID levels; no further capital requirement in near future: Sobha Group Vice-Chairman JC Sharma

    The company is confident of 2 mn sq ft of new sales in the second half of the year. Huge savings by most Indian households during the pandemic will all go towards buying a house, Sharma says.

  • Embassy Group launches first co-living centre in Bengaluru for millennials, professionals Nov 24, 2020 06:29 PM IST

    Embassy Group launches first co-living centre in Bengaluru for millennials, professionals

    The group plans to touch 100 buildings by the end of 2021 under the co-living sub-brand Olive Residences.

  • Delhi ranks 27th, Mumbai 33rd among fastest-growing prime residential markets globally: Knight Frank report Nov 24, 2020 03:25 PM IST

    Delhi ranks 27th, Mumbai 33rd among fastest-growing prime residential markets globally: Knight Frank report

    Mumbai likely to witness flat annual price change; prime demand set to rise in 2021; Delhi’s prime residential market performs better than Mumbai and Bengaluru in Prime Global Cities Index Q3 2020

  • Former municipal commissioner of Mumbai city buys property in Nariman Point for Rs 5.3 crore Nov 24, 2020 01:12 PM IST

    Former municipal commissioner of Mumbai city buys property in Nariman Point for Rs 5.3 crore

    The last few months have seen a slew of high-end properties getting registered in the city following stamp duty cuts announced by the state government. The number of real estate transactions in Mumbai touched 8,000 in October compared to 5,811 in 2019.

  • States should lower stamp duty to make housing affordable to all, says NHB study Nov 23, 2020 02:17 PM IST

    States should lower stamp duty to make housing affordable to all, says NHB study

    Capping of stamp duty and registration charges on mortgages may also increase revenue for states through their effect on demand, says the study

  • 25% buyers considering purchasing property for investment purpose: Survey Nov 18, 2020 02:46 PM IST

    25% buyers considering purchasing property for investment purpose: Survey

    Around 9% bought a property during the pandemic; One in every three people looking for discounts and distress sale opportunities

  • Freebies and FM's announcements: A Diwali bonanza for homebuyers and real estate developers amid COVID-19 times? Nov 13, 2020 03:36 PM IST

    Freebies and FM's announcements: A Diwali bonanza for homebuyers and real estate developers amid COVID-19 times?

    Should homebuyers take the plunge with real estate developers doling out cash discounts and freebies, lower interest rates, GST, stamp duty waivers, and schemes such as the 10:90 one, not to mention the offer to buy a home at 20 percent below circle rate?

  • FM’s Diwali gift to home buyers: Tax relief on difference between circle and market rates Nov 12, 2020 07:37 PM IST

    FM’s Diwali gift to home buyers: Tax relief on difference between circle and market rates

    This measure will reduce hardships faced by both home-buyers and developers and help in clearing unsold inventories

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