Real Estate News

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
In list of cities predicted with fastest growth, India has 17 entries in top-20

In list of cities predicted with fastest growth, India has 17 entries in top-20

The study found that Surat, will register fastest annual growth with an average GDP growth rate of 9.2% between 2018 - 2035.

Dec 06, 2018, 14:41 PM IST
SC orders attachment of Amrapali group's five star hotel, corporate office, other properties

SC orders attachment of Amrapali group's five star hotel, corporate office, other properties

Issuing notices to Amrapali CMD and directors, the court asked as to why a criminal case against them should not be initiated.

Dec 05, 2018, 17:22 PM IST
RERA bringing positive transformative changes in Real estate industry: Hardeep Puri

RERA bringing positive transformative changes in Real estate industry: Hardeep Puri

The Minister also hoped that RERA will be implemented in all the states of north eastern region very soon.

Nov 16, 2018, 11:16 AM IST
Isha Ambani-Anand Piramal to move to 5-storey sea-facing bungalow in Mumbai after wedding

Isha Ambani-Anand Piramal to move to 5-storey sea-facing bungalow in Mumbai after wedding

Spread over 50,000 sq ft, the bungalow will have have all modern amenities.

Nov 15, 2018, 18:10 PM IST
Bengaluru sees maximum drop in unsold housing stocks among 7 big cities: Anarock

Bengaluru sees maximum drop in unsold housing stocks among 7 big cities: Anarock

The unsold housing stock in Bengaluru stood at 76,500 units at the end of July-September quarter (Q3 of 2018 calendar year), down 25 percent from 1,02,740 units in the year-ago period.

Oct 29, 2018, 13:14 PM IST
SC tells Amrapali Group auditor to submit all company documents within 24 hours

SC tells Amrapali Group auditor to submit all company documents within 24 hours

The forensic auditors had earlier informed the SC bench that CFO of Amrapali Group, was not co-operating with them.

Oct 26, 2018, 17:01 PM IST
Welspun MD snaps up Rs 150 crore flat in central Mumbai tower

Welspun MD snaps up Rs 150 crore flat in central Mumbai tower

The 20,989 sqft apartment is part of 25 South, an upcoming luxury residential project at Prabhadevi.

Oct 25, 2018, 17:33 PM IST
Housing sales up 24%; new supply down 35% in 9 cities in Jul-Sep: PropTiger

Housing sales up 24%; new supply down 35% in 9 cities in Jul-Sep: PropTiger

As per the data, Noida saw the maximum rise in sales by 59 percent to 6,652 units.

Oct 22, 2018, 18:03 PM IST
Kolkata tops new housing launches in Q3, 2018

Kolkata tops new housing launches in Q3, 2018

The top seven cities (NCR, MMR, Chennai, Bengaluru, Pune, Kolkata and Hyderabad) saw 52,150 new units launched in Q3 2018.

Oct 15, 2018, 17:06 PM IST
Amrapali group CMD, 2 directors to remain in police custody for 15 days

Amrapali group CMD, 2 directors to remain in police custody for 15 days

The court is seized of a batch of petitions filed by home buyers who are seeking possession of around 42,000 flats booked in projects of the Amrapali group.

Oct 11, 2018, 15:44 PM IST
Nine properties sealed: Amrapali group to SC

Nine properties sealed: Amrapali group to SC

The court is seized of a batch of petitions filed by home buyers who are seeking possession of around 42,000 flats booked in projects of the Amrapali group.

Oct 11, 2018, 11:49 AM IST
SC orders sealing of Amrapali's premises in Noida, Greater Noida and Bihar

SC orders sealing of Amrapali's premises in Noida, Greater Noida and Bihar

The order came after the Amrapali Directors inform court that all documents relating to 46 group companies are stacked there.

Oct 10, 2018, 15:12 PM IST