Rate cut to boost housing demand if banks pass on benefit to customers: Realtors
The RBI lowered the benchmark lending rate by 25 basis points to a nearly nine-year low of 5.75 per cent.
Jun 07, 2019, 11:09 AM IST
Gaurs group sells over 10K housing units for nearly Rs 4000 crore
The company sold a little over 10,000 housing and commercial units during the 2018-19 fiscal year, its MD Manoj Gaur said.
May 30, 2019, 12:16 PM IST
FinMin may look at 10-year tax holiday on rental profits earned by builders
In a recent meeting with senior finance ministry officials, the real estate developers have been asked to suggest steps to address challenges faced by the sector.
May 30, 2019, 10:47 AM IST
RBI constitutes committee on development of housing finance securitisation market
The mortgage securitisation market in India is primarily dominated by direct assignments among a limited set of market participants on account of various structural factors impacting both the demand and the supply side, as well as certain prudential, legal, tax and accounting issues.
May 30, 2019, 10:43 AM IST
Adani submits non-binding bid for Jaypee Infra; offers Rs 1,700 cr to complete housing projects
Adani has promised to infuse another Rs 1,000 crore in two equal tranches of Rs 500 crore each to settle claims of workmen as well as secured and unsecured financial creditors, besides meeting cost for insolvency proceedings.
May 29, 2019, 16:59 PM IST
PE inflow in Indian retail real estate doubles to $1.2 bn in 2017, 2018: Anarock
The consultant attributed the sharp rise in private equity (PE) inflow to further liberalisation in FDI policies such as 51 percent FDI in multi-brand retail and 100 percent FDI in single-brand retail under the automatic route.
May 19, 2019, 17:51 PM IST
Piramal Realty FY'19 sales booking jumps nearly 4-fold to Rs 3,400 cr
The company's sales booking stood at about Rs 900 crore in 2017-18.
May 18, 2019, 18:16 PM IST
Home buyers to pay 12% GST on balance due if completion certificate issued by March 31
Builders who have received completion certificate for an ongoing project before April 1, 2019, will have to charge 12 percent GST from buyers on the balance amount due towards purchase of the flat.
May 15, 2019, 18:25 PM IST
Realtors have time till May 10 to opt for old GST rates
The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification giving real estate companies a one-time option to choose either of the tax rates.
Apr 03, 2019, 10:27 AM IST
Realty market to grow in 2019; to add 200 mn sq ft space this yr: CBRE
CBRE said 200 million sq ft of space will be added in 2019 across all segments including housing, office, retail and logistics.
Mar 27, 2019, 16:11 PM IST
Key decisions on real estate sector taken by GST Council in the 34th meeting
The promoters shall be given a one -time option to continue to pay tax at the old rates on ongoing projects.
Mar 20, 2019, 13:25 PM IST
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
'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
Housing sales may rise 16% in 2018; new supply up 32%: Anarock
During 2018, housing supply rose by 32 percent to 1.93 lakh units in the seven cities -- Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad and Pune.
Dec 13, 2018, 16:36 PM IST
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
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
Gaurs group to enter affordable housing; to invest Rs 1,000 cr on 2 projects in Delhi-NCR
Overall, Gaur is developing 14,000 units, of which 5,000 homes will be delivered this fiscal.
Aug 07, 2018, 14:32 PM IST
AIIB keen on affordable housing investment, seeks govt support
Till now, the bank has invested USD 1.6 billion in seven projects in the country and has not taken any direct exposure in the affordable housing segment.
Jun 26, 2018, 11:50 AM IST
Home buyers looking for bigger flats in top cities
The cities in the study include Mumbai, Kolkata, Chennai, Delhi, Bangalore, Hyderabad, Noida, Gurugram, Greater Noida and Pune.
Jun 25, 2018, 12:38 PM IST
New residential launches drop 50% across top 7 cities in 2017; Chennai records highest dip in sales
Chennai's residential real estate market was the worst-affected in 2017, with an annual decline in new launches of around 72 percent from 15,700 units in 2016 to 4,400 units in 2017.
Mar 22, 2018, 12:54 PM IST
