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Notes ban to sooth property prices, impact developers: Fitch Notes ban to sooth property prices, impact developers: Fitch

Prices of residential properties will fall and real estate sector will face the negative impact of demonetisation of Rs 500 and Rs 1,000 notes over the next 1-2 years, Fitch Ratings said Thursday.

Demonetisation to have no effect on real estate prices, best time to buy: CREDAI Demonetisation to have no effect on real estate prices, best time to buy: CREDAI

Claiming that the demonetisation of Rs 500 and Rs 1,000 notes will have no bearing on the real estate sector in India, an office-bearer of a national body of developers/promoters on Thursday said the sector will rather move up.

Demonetisation to increase economy size, enhance revenue base: FM Jaitley Demonetisation to increase economy size, enhance revenue base: FM Jaitley

Demonetisation of Rs 500 and Rs 1,000 notes will expand the size of economy, increase revenue base and make the system cleaner while preserving its credibility, Finance Minister Arun Jaitley said today.

Real estate shares plunge 20% in early trade Real estate shares plunge 20% in early trade

Realty stocks plunged up to 20 percent in early trade on Wednesday with scrips of Unitech and DLF taking a major hit following the government's measures to clamp down on the black money menace.

 

 

Note ban to hit resale property market, small builders Note ban to hit resale property market, small builders

Unorganised builders and secondary (resale) property market would be adversely impacted following the government's decision to demonetise Rs 1,000 and Rs 500 notes with effect from midnight, according to real estate developers and consultants.

Know how stopping circulation of Rs 500, Rs 1000 will affect property prices

As you know that Rs 500 and Rs 1000 will go out of use from Tuesday midnight. The flushing out of high denomination notes from the economy is going to have an immediate impact on property prices.

National Green Tribunal bans all construction work in Delhi-NCR for a week National Green Tribunal bans all construction work in Delhi-NCR for a week

Taking a serious note of the deteriorating air quality in Delhi, the National Green Tribunal (NGT) on Tuesday banned all construction activities for one week in the Delhi-NCR region.

Real Estate industry opposes ban on construction work in Delhi-NCR Real Estate industry opposes ban on construction work in Delhi-NCR

Realtors' body CREDAI today opposed the NGT order banning construction activities in Delhi-NCR saying this will not help in solving the pollution problem and rather impact adversely the delivery of real estate projects.

Srei Infrastructure Finance jumps to Rs 62 crore during Q2 Srei Infrastructure Finance jumps to Rs 62 crore during Q2

Srei Infrastructure Finance has posted an over five-fold jump in consolidated net profit at Rs 61.87 crore during second quarter ended September 30.

Gurgaon receives over $1 billion investment in real estate this year Gurgaon receives over $1 billion investment in real estate this year

Gurgaon real estate market has received over USD 1 billion in investments from developers and institutional investors so far this year, according to global property consultant CBRE.

PE investment in real estate sector rises 22% y-o-y in Jan-Sept 2016: Report PE investment in real estate sector rises 22% y-o-y in Jan-Sept 2016: Report

Private equity investment in the real estate sector has grown 22 percent during January-September this year to Rs 28,300 crore, from Rs 23,200 crore a year ago, reflecting improved confidence among investors to make larger investments, says a Cushman & Wakefield report.

Pradhan Mantri Awas Yojana: Online applications for affordable homes to start today Pradhan Mantri Awas Yojana: Online applications for affordable homes to start today

Beneficiaries have to visit the nearest CSC for seeking assistance for seeking benefits of PMAY(Urban) online.

PE investment in eal estate sector up 22% at Rs 28K cr in Jan-Sept PE investment in eal estate sector up 22% at Rs 28K cr in Jan-Sept

Private equity (PE) investments in the real estate sector increased by 22 percent to Rs 28,300 crore in the first nine months of this year with investors' rising interest in the office and retail assets, says property consultant Cushman & Wakefield.

Godrej Properties sells over Rs 300 cr villas in Gr Noida's Godrej Golf Links project Godrej Properties sells over Rs 300 cr villas in Gr Noida's Godrej Golf Links project

Godrej Properties on Wednesday said it has sold villas worth over Rs 300 crore on the first day of the launch of 100-acre township in Greater Noida, bucking the existing slowdown in the NCR property market.

Centre notifies real estate rules, set to bring relief to buyers Centre notifies real estate rules, set to bring relief to buyers

Soon, you will have to pay lower property registration fees and even get payment of compensation if builder delays in handing over your property.

New Real Estate Act notified; seeks transparency and timely completion of projects New Real Estate Act notified; seeks transparency and timely completion of projects

The Centre on Monday notified the rules for Real Estate Act, that seeks to regulate the housing sector besides bringing transparency and ensuring timely completion of projects, which will be applicable for five Union Territories.

9.6 mn sq ft Grade A office space absorbed in Q3; southern cities dominate absorption pie 9.6 mn sq ft Grade A office space absorbed in Q3; southern cities dominate absorption pie

Southern cities dominated the office absorption pie with Bengaluru at the top.

Around 84,500 more affordable houses for urban poor in five states approved Around 84,500 more affordable houses for urban poor in five states approved

The Centre has approved construction of around 84,500 more affordable houses for the urban poor in five states, including West Bengal and Punjab, with a total investment of Rs 3,073 crore, of which central assistance will be the tune of Rs 1,256 crore.

Benami Property Act to be effective from November 1

The new law to prohibit benami transactions, which also provides for up to 7 years imprisonment and penalty for those indulging in such activities, will come into effect from November 1.

Smart city project in 60 towns to show results soon, UP lagging: Naidu Smart city project in 60 towns to show results soon, UP lagging: Naidu

Implementation of the Smart City project in 60 towns will entail an investment of Rs 1.35 lakh crore and 20 cities have started rolling out their schemes, says Urban Development Minister M Venkaiah Naidu.