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Centre proposes VCF policy for property owners

Centre proposes VCF policy for property owners

Property owners will have to shell out more money in the form of new taxes to be levied by the government in the wake of state-sponsored infrastructure projects pushing up the prices of land and buildings in the vicinity.

2016 witnessed negative retail space supply: JLL

2016 witnessed negative retail space supply: JLL

Limited supply coupled with closure of certain malls resulted in a negative supply in retail space for the first time ever in 2016, a recent survey said.

DLF promoters to sell 40% stake in rental arm to GIC

DLF promoters to sell 40% stake in rental arm to GIC

Real estate major DLF's promoters will enter into an exclusive pact with Singapore's GIC to sell their 40 percent stake in the company's rental arm, DCCDL Ltd, for an estimated amount of up to Rs 13,000 crore.

Sensex spurts in opening trade ahead of Budget

Sensex spurts in opening trade ahead of Budget

Ahead of the Union Budget that is to be presented later in the day, market rose by over 64 points in opening trade today as investors built up positions.

Realty, consumer non-durable markets to be hit by notes ban: Experts

Realty, consumer non-durable markets to be hit by notes ban: Experts

Experts are of the view that ecommerce, real estate and consumer non-durable sectors are likely to be hit by government's move to ban Rs 500 and Rs 1,000 notes, even as they projected the economy to benefit from it in the long run.

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.

 

 

Growth in infrastructure development will pull down prices: Experts

Growth in infrastructure development will pull down prices: Experts

Concerned over the rising land cost, realty experts believe that growth in infrastructure development will result in bringing the prices down.

Realtors seek tax relief, land to build affordable homes

Realtors' body NAREDCO today demanded tax relief and increase in land supply to develop affordable homes so as to help achieve the government's 'Housing for All' objective.

Simplex Infra gets shareholders' nod to raise Rs 200 crore

Engineering firm Simplex Infrastructures Ltd on Thursday said it has received shareholders' nod to raise up to Rs 200 crore by issuing non-convertible debentures on private placement basis.

Parsvnath Q1 net profit flat at Rs 4.58 crore

Parsvnath Q1 net profit flat at Rs 4.58 crore

Realty firm Parsvnath Developers Ltd on Saturday reported a marginal decline in net profit at Rs 4.58 crore for the quarter ended June on lower sales.

24,000 residential units launched during Apr-Jun: Study

24,000 residential units launched during Apr-Jun: Study

As many as 24,000 residential units were launched in top six metros during April-June period of this fiscal with Bengaluru witnessing the maximum number of launches, a study by Colliers International India said.

LIC Housing Finance Q1 profit rises 6% to Rs 407 crore

LIC Housing Finance Q1 profit rises 6% to Rs 407 crore

LIC Housing Finance has reported a 6.3 percent increase in standalone net profit at Rs 407.84 crore for first quarter ended June.

 'Nearly 10.4 million sq ft office space absorbed during Apr-June'

'Nearly 10.4 million sq ft office space absorbed during Apr-June'

Even in the backdrop of global slowdown concerns, nearly 10.4 million sq ft of office space was absorbed in the country during April-June, backed by demand from sectors like IT, BFSI and manufacturing, a report said.

India has improved in transparency ranking in real estate: JLL

India has improved in transparency ranking in real estate: JLL

Owing to policy measures taken by the government, India has improved in global rankings in terms of transparency in real estate sector in Asia Pacific, says a report.

Godrej Properties to launch 15 projects in FY17

Godrej Properties is aiming to launch 15 new projects, including one in Noida, and sell its completed commercial assets worth Rs 1,500 crore during this fiscal as the realty firm seeks to achieve higher growth.

Real Estate Bill: Chronology of events leading to the passage in Parliament

Real Estate Bill: Chronology of events leading to the passage in Parliament

Chronology of events leading to the passage of Real Estate Bill by Parliament on Tuesday.

 

Real Estate Bill: Chronology of events leading to the passage in Rajya Sabha

Real Estate Bill: Chronology of events leading to the passage in Rajya Sabha

Chronology of events leading to the passage of Real Estate Bill in Rajya Sabha on Thursday.

 

Big cheer for home buyers! Rajya Sabha passes Real Estate Bill

Big cheer for home buyers! Rajya Sabha passes Real Estate Bill

The long pending Real Estate Bill, which aims to protect the interests of buyers and bring more transparency to the sector was on Thursday passed in Rajya Sabha.

Budget 2016: Expectations of home buyers

Budget 2016: Expectations of home buyers

The deduction for interest on housing loans needs to increase from the current limit of Rs 2 lakh.

Real estate Bill: All you need to know

Real estate Bill: All you need to know

Know about the salient features of the real estate Bill: