Real Estate News

Indian Railways to deliver affordable housing, to start work at select stations

Indian Railways to deliver affordable housing, to start work at select stations

IRSDC, which is responsible for redevelopment of the railway station, will now construct affordable housing.

Feb 13, 2019, 15:50 PM IST
GST meet: Govt may announce big relief for home buyers next week

GST meet: Govt may announce big relief for home buyers next week

The ministerial panel was set up last month to analyse tax rates and issues/challenges being faced by the real estate sector under the GST regime.

Feb 13, 2019, 11:33 AM IST
PM Modi to address CREDAI's conference today

PM Modi to address CREDAI's conference today

The Prime Minister will also visit the exhibition organized by CREDAI.

Feb 13, 2019, 09:42 AM IST
Modi govt to give big bonanza to home buyers before elections: Sources

Modi govt to give big bonanza to home buyers before elections: Sources

Currently, home buyers under CLSS have to wait for nearly 3 to 4 months for disbursal of subsidy.

Feb 11, 2019, 16:27 PM IST
Housing sales in southern cities higher than north and west India in 2018: Anarock

Housing sales in southern cities higher than north and west India in 2018: Anarock

According to a report, housing sales in the main southern cities collectively rose by 20 per cent as against 18 per cent rise in the north and 15 per cent in the west.

Feb 11, 2019, 12:17 PM IST
GoM may recommend 3% GST for affordable housing, 5% for under construction properties: Sources

GoM may recommend 3% GST for affordable housing, 5% for under construction properties: Sources

The GOM, headed by Gujarat Deputy CM Nitinbhai Patel, is expected to give its recommendations to the GST Council in two days.

Feb 08, 2019, 14:56 PM IST
One in every 5 home buyers needs to wait for 10 yrs to get possession: Survey

One in every 5 home buyers needs to wait for 10 yrs to get possession: Survey

Almost 50 percent of home buyers had to wait for three years to get possession of their dream homes.

Feb 08, 2019, 10:00 AM IST
Interim Budget 2019: FM Goyal announces big relief for residential housing sector

Interim Budget 2019: FM Goyal announces big relief for residential housing sector

Goyal also proposed that the TDS threshold for deduction of tax on rent to be increased from Rs 1,80,000 to Rs 2,40,000 for providing relief to small taxpayers.

Feb 01, 2019, 16:39 PM IST
New metro rail line to boost housing demand in Noida, Greater Noida

New metro rail line to boost housing demand in Noida, Greater Noida

The new metro rail service, called Aqua line, runs through 21 stations -- 15 of them in Noida and six in Greater Noida -- and covers a distance of 29.7 km.

Jan 28, 2019, 13:01 PM IST
Bengaluru top list of world's most dynamic cities: Survey

Bengaluru top list of world's most dynamic cities: Survey

With 19 of the top 20 cities from Asia Pacific, the rankings highlight and showcase the region's continued rapid urbanisation and strong economic growth.

Jan 15, 2019, 17:35 PM IST
Bank of Baroda to raise up to Rs 1,285 cr via Basel III bonds

Bank of Baroda to raise up to Rs 1,285 cr via Basel III bonds

Shares of the state owned bank closed 3.16 percent down at Rs 119.40 apiece on the BSE.

Jan 03, 2019, 10:58 AM IST
Housing prices rise by up to 22% in 33 cities during April-June FY19: NHB

Housing prices rise by up to 22% in 33 cities during April-June FY19: NHB

For under-construction properties, housing prices went up in 39 cities by up to 17 percent and declined in 8 cities by up to 8 percent and remained stable in 3 cities.

Jan 03, 2019, 10:57 AM IST
Government extends credit link subsidy scheme on home loans till March 2020

Government extends credit link subsidy scheme on home loans till March 2020

The commencement of a new Credit Linked Subsidy Scheme for the Middle Income Group (CLSS for MIG), was announced by PM Narendra Modi on December 2016.

Jan 02, 2019, 14:23 PM IST
Maharashtra tops in home loans, accounts for 24% of national sales

Maharashtra tops in home loans, accounts for 24% of national sales

Apart from Mumbai and Thane, the software and technology hub of Pune is fuelling the demand for home loans.

Jan 01, 2019, 16:44 PM IST
Jaypee Infratech: Lenders, home buyers approve evaluation criteria for bankruptcy process

Jaypee Infratech: Lenders, home buyers approve evaluation criteria for bankruptcy process

State-owned NBCC, Kotak Investment, Singapore-based Cube Highways and Suraksha group have been shortlisted as bidders for debt-laden Jaypee Infratech.

Dec 28, 2018, 11:37 AM IST
'Institutional investment in real estate may rise slightly to $5.5 bn in 2018'

'Institutional investment in real estate may rise slightly to $5.5 bn in 2018'

Institutional investment in real estate stood at USD 5.42 billion during 2017.

Dec 27, 2018, 17:37 PM IST
Cheers for housing sector as Jaitley says priority to lower GST on cement

Cheers for housing sector as Jaitley says priority to lower GST on cement

Jaitley said, the sun is setting on the 28 percent slab.

Dec 24, 2018, 13:39 PM IST
Indiabulls Real Estate sells 50% stake in 2 office assets for Rs 464 cr in Gurugram

Indiabulls Real Estate sells 50% stake in 2 office assets for Rs 464 cr in Gurugram

In November, the company had announced signing of a non-binding term sheet to divest 50 percent stake in these two assets having nearly 8 lakh sq ft leasable area.

Dec 21, 2018, 11:42 AM IST
No GST on sale of complex, building, ready to move-in flats with completion certificate

No GST on sale of complex, building, ready to move-in flats with completion certificate

GST is applicable on sale of under construction property or ready to move-in flats where completion certificate has not been issued at the time of sale.

Dec 10, 2018, 11:41 AM IST
Supreme Court orders forensic audit of all 74 Unitech group companies

Supreme Court orders forensic audit of all 74 Unitech group companies

The Court has asked the forensic auditor to be present before it next Friday.

Dec 07, 2018, 17:41 PM IST