Real Estate News

Housing for all likely to get a push in Union Budget

Housing for all likely to get a push in Union Budget

According to sources, an increase in interest subsidy for houses under the Pradhan Mantri Awas Yojana may be announced.

Jan 26, 2018, 14:21 PM IST
Office space absorption crossed 42 mn sq ft in 2017: CBRE

Office space absorption crossed 42 mn sq ft in 2017: CBRE

Annual supply for prime office space was over 29 million sq ft during the year, a decline of about 18 percent as compared to 2016.

Jan 16, 2018, 17:04 PM IST
Government to discuss bringing real estate under GST next week

Government to discuss bringing real estate under GST next week

The GST Council may allow states to impose Stamp Duty and Property Tax on real estate.

Jan 12, 2018, 13:03 PM IST
FPCE demands action against builders enriching themselves under guise of GST

FPCE demands action against builders enriching themselves under guise of GST

The FPCE, which is working for the cause of homebuyers, said the double burden of Equated Monthly Installment (EMI) and rent is breaking the backbone of a homebuyer for no fault of his or her.

Jan 11, 2018, 12:00 PM IST
Housing sales dip 6% in NCR due to RERA and GST

Housing sales dip 6% in NCR due to RERA and GST

The RERA came into force from May 2017, while the GST was launched in July last year.

Jan 11, 2018, 11:55 AM IST
SC asks Jaypee to file list of ongoing housing projects in the country

SC asks Jaypee to file list of ongoing housing projects in the country

The apex court has also ordered creation of a portal for registering grievances of homebuyers of JAL.

Jan 10, 2018, 12:13 PM IST
Smart City Mission: Only 5% of projects finished in 2.5 years

Smart City Mission: Only 5% of projects finished in 2.5 years

Under the Smart City Mission, 90 cities have so far been identified through three rounds of competition for implementing various projects.

Jan 10, 2018, 10:34 AM IST
Realty sector tested by critical reforms this year; hopes for better 2018

Realty sector tested by critical reforms this year; hopes for better 2018

Real estate developers and consultants expect housing sales to improve, although gradually, as prices have become stable after much-needed correction in last few years and interest rates on home

Dec 31, 2017, 16:23 PM IST
DLF promoters conclude Rs 9,000-cr deal with GIC

DLF promoters conclude Rs 9,000-cr deal with GIC

The promoters will infuse net proceeds into DLF, which in turn will use the amount to reduce its debt significantly from the current Rs 27,000 crore.

Dec 27, 2017, 11:56 AM IST
No proposal to make Aadhaar linkage mandatory for property deals: Govt

No proposal to make Aadhaar linkage mandatory for property deals: Govt

The comments assume significance in the backdrop of Puri reportedly stating last month that seeding Aadhaar to property transactions was a great idea and as the government was linking Aadhaar with

Dec 19, 2017, 17:33 PM IST
Consumer preferences in India shifting to larger apartment sizes: Survey

Consumer preferences in India shifting to larger apartment sizes: Survey

Other than property sizes, the buyers are reportedly also keen to upgrade to better areas.

Dec 19, 2017, 08:40 AM IST
Impact of credit cards on your home loan

Impact of credit cards on your home loan

Having a higher credit card limit can reduce chances of getting a home loan.

Dec 16, 2017, 14:54 PM IST
SC stays government move to take over Unitech

SC stays government move to take over Unitech

Supreme Court on Wednesday stayed company law tribunal, NCLT, order allowing Centre to take over management of embattled realty firm Unitech Ltd.

Dec 13, 2017, 11:23 AM IST
Unitech case: SC disappointed with Centre for moving NCLT without prior permission

Unitech case: SC disappointed with Centre for moving NCLT without prior permission

SC was hearing Unitech's appeal challenging the recent order of the NCLT allowing the Centre to take over its management.

Dec 12, 2017, 13:06 PM IST
Unitech moves SC against NCLT oder allowing government takeover

Unitech moves SC against NCLT oder allowing government takeover

On December 8, the National Company Law Tribunal (NCLT) suspended all the eight directors of Unitech over allegations of mismanagement and siphoning of funds, while authorising the government to

Dec 11, 2017, 12:06 PM IST
Home buyers can't wait indefinitely for possession: NCDRC

Home buyers can't wait indefinitely for possession: NCDRC

The National Consumer Disputes Redressal Commission (NCDRC) noted that possession was not given even after five years and asked New Delhi-based Adel Landmarks Limited to refund over Rs 66 lakh to

Dec 10, 2017, 10:46 AM IST
Should you buy a house or stay on rent?

Should you buy a house or stay on rent?

The decision to rent or buy a home actually depends on an individual's economic condition.

Dec 08, 2017, 11:15 AM IST
Puravankara, Godrej Properties keen in resolution of Amrapali

Puravankara, Godrej Properties keen in resolution of Amrapali

Investments of thousands of home buyers are stuck due to huge delays by Amrapali group in completion of projects, forcing them to protest and file legal cases in courts.

Dec 07, 2017, 21:07 PM IST
Bombay HC upholds validity of RERA, crucial for developing incomplete projects

Bombay HC upholds validity of RERA, crucial for developing incomplete projects

The Act, among other things, mandates that all developers or promoters register themselves under a state-level regulatory authority.

Dec 07, 2017, 09:42 AM IST
A policy rate cut could have spurred housing market: Industry

A policy rate cut could have spurred housing market: Industry

Gaur expects the RBI to cut rate in the next policy review after a neutral review for the second straight time.

Dec 06, 2017, 21:17 PM IST

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