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 'Urban Housing demand estimated at 41.56 lakh units in top cities till 2020'

'Urban Housing demand estimated at 41.56 lakh units in top cities till 2020'

In the top eight cities across the country, housing demand is set for a fillip. As per a report released by Cushman & Wakefield and GRI 'Revitalising Indian Real Estate: A new era of growth and investment' urban housing demand is estimated at 41.56 lakh units till 2020, as against the expected supply of 10.23 lakh units.

Government likely to slash  taxman's powers, lower stamp duty

Government likely to slash taxman's powers, lower stamp duty

Tightening the noose further around black economy, the government may abolish discretionary powers of tax officers in deciding liabilities for evasion, said NITI Aayog Vice-Chairman Arvind Panagariya.

Housing demand at 4.2 mn in top 8 cities in 5 years: Report

Housing demand at 4.2 mn in top 8 cities in 5 years: Report

Total demand for urban housing is estimated at 4.2 million units during the period 2016-2020 across the top eight cities, according to a report.

Housing prices unlikely to come down in primary market post demonetisation: CREDAI

Housing prices unlikely to come down in primary market post demonetisation: CREDAI

Credai, the realtor's body, on Saturday said that housing prices unlikely to come down in primary market post demonetisation since rates are already at the lowest level.

Indiabulls Housing Finance raises Rs 500 crore via NCDs on private placement basis

Indiabulls Housing Finance raises Rs 500 crore via NCDs on private placement basis

Indiabulls Housing Finance Ltd has raised Rs 500 crore by issuing debentures on a private placement basis.

'Bengaluru, Mumbai top realty investment spots in APAC'

As per a report, Bengaluru and Mumbai are all set to be top two realty investment spots for 2017 in the Asia-Pacific (APAC) region, says a report.

Indiabulls Real Estate to buyback up to 6 crore shares for Rs 540 crore

Indiabulls Real Estate to buyback up to 6 crore shares for Rs 540 crore

Indiabulls Real Estate on Thursday announced buy-back of up to six crore equity shares of the company for Rs 540 crore.

Demonetisation: Here's how note ban will make purchase of property easier for common man

Demonetisation: Here's how note ban will make purchase of property easier for common man

The Naendra Modi government's recent bold move to clamp down on black money hoarders through the ban on Rs 500 and Rs 1,000 currency notes is likely to have a positive impact on the residential market in the country. 

Disruptions continue in Jharkhand Assembly over amendments in land acts

The third working day of Jharkhand Assembly's winter session was also a wash out due to disruptions over the BJP government's move to amend two land acts formulated to protect the land rights of the tribals and indigenous people of the state.

Unitech compromise scheme: SC stays all upcoming meetings of homebuyers

Unitech compromise scheme: SC stays all upcoming meetings of homebuyers

The Supreme Court on Friday stayed all the upcoming meetings of homebuyers of Unitech Ltd for giving their approval or disapproval to a proposed compromise scheme forwarded by the company to enable it to complete pending projects.

 

Demonetisation: I-T department surveys real estate firms in Delhi-NCR

Demonetisation: I-T department surveys real estate firms in Delhi-NCR

The Income Tax department Wednesday surveyed some real estate players in the national capital region to check reports of alleged profiteering and tax evasion by these entities while converting the recently demonetised currency notes.

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.

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.

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.

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.

Mahindra Lifespace Developers profit jumps to Rs 32.17 crore in Q2

Mahindra Lifespace Developers profit jumps to Rs 32.17 crore in Q2

Mahindra group's realty firm Mahindra Lifespace Developers Ltd on Thursday reported over five fold jump in consolidated net profit at Rs 32.17 crore for the quarter ended September 30, 2016 and will raise up to Rs 300 crore through rights issue.

 Indiabulls Real Estate profit reports 2-fold increase to Rs 141.6 crore in Q2

Indiabulls Real Estate profit reports 2-fold increase to Rs 141.6 crore in Q2

Indiabulls Real Estate on Monday reported 2-fold increase in consolidate net profit at Rs 141.6 crore for the quarter ended September.