The Delhi Development Authority's much-awaited new housing scheme with 12,000 flats on offer will be rolled out on Friday.
The Delhi Development Authority's much-awaited new housing scheme with 12,000 flats on offer will be rolled out on Friday, officials said today.
Realtors' body NAREDCO has written to the Prime Minister seeking lower GST of 6 percent on sale of under-construction property from 12 percent as higher tax will lead to price rise and affect sales.
Out of the total number of flats, most of them in Rohini, Dwarka, Narela, Vasant Kunj and Jasola, 10,000 unoccupied flats were from a 2014 housing scheme, while 2,000 flats had been lying vacant.
Industry body Assocham said owing to the pressure on hiring and annual pay rise for employees, house owners in Bengaluru, often called India's Silicon Valley, seem to have done a reality check and are accordingly slashing the rentals.
Realty firm Signature Global will invest Rs 400 crore to develop two new affordable home projects in Gurugram as part of its expansion plan in low-cost housing segment.
HDFC Chairman Deepak Parekh on Friday termed government policies on housing as practical and implementable and expressed hope that new regulations will stop "undesirable activity" practiced by some realtors.
Indiabulls Real Estate plans to raise up to Rs 500 crore through the issue of non-convertible debentures on private placement basis.
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30 cities announced today proposed a total investment of Rs 57,393 crore under respective smart city plans.
Retirement fund body EPFO on Thursday joined hands with Housing and Urban Development Corp (HUDCO) to enable its members avail credit-linked subsidy of up to Rs 2.67 lakh for buying affordable homes under PMAY.
The Centre has approved the construction of 1.27 lakh more houses for urban poor under its affordable housing scheme with an investment of over Rs 6,500 crore.
Anil Ambani-led Reliance Communications on Wednesday said it has started the process to monetise its real estate assets in Delhi and Mumbai as part of its efforts to pare debt.
Retirement fund body EPFO will sign on Thursday a pact with the Housing and Urban Development Corp (HUDCO) to enable members of its housing scheme to avail subsidy and interest subvention under the Pradhan Mantri Awas Yojana.
Adani Capital, the NBFC arm of the Adani Group, will invest Rs 50 crore in PRA Realty's project in Pune.
Mumbai is the most expensive city for expatriates in India and is ranked higher than major global cities such as Paris, Canberra, Seattle and Vienna, says a report.
The government on Thursday asked builders to pass on the benefit of lower tax under the GST system to buyers by reducing prices and instalments, otherwise the action will be violative of the anti-profiteering clause.
Realty major DLF's total rental income will rise by 12 percent to about Rs 2,900 crore this fiscal on better realisation from existing commercial assets and addition of new properties in Chennai and Delhi.
The real estate project launches in Mumbai dropped by 24 percent in the first quarter of 2017, a recent survey said.
Office space leasing by IT and ITeS companies rose by 10 percent last year at 16.81 million sq ft with Bengaluru and Hyderabad absorbing more than 50 per cent of this space, according to JLL India.