Economic Survey 2017 pitches for bringing land, real estate under GST
Calling Goods and Services Tax (GST) a bold new experiment, the pre-Budget Economic Survey Tuesday pitched for including land and other immovable property - the key source of black money creation - in the indirect tax regime to help propel GDP growth to 8-10 percent.
Jan 31, 2017, 16:20 PM IST
Moody's downgrades Lodha Developer's ratings
The corporate family rating of city-based realty firm Lodha Developers (LDPL) has been downgraded by global ratings agency Moody's Investors Service to B2 from B1, citing reasons of weak liquidity position and high refinancing risk for such rating.
Jan 26, 2017, 18:10 PM IST
Total PE into real estate jumps 62% to Rs 38,000 cr in 2016
Private equity inflows into the country's real estate sector surged 62 percent to Rs 38,000 crore, during 2016, largely helped by Parliament's clearance of two significant legislations -- Real Estate (Regulation and Development) Bill and GST.
Jan 16, 2017, 16:06 PM IST
Smart City: Government to add 40 more towns to list, says Naidu
The government on Wednesday informed that it would adding 40 more towns to list of Smart Cities in the country thereby taking the total number to 100.
Jan 11, 2017, 21:39 PM IST
Govt to take strict actions on anonymous properties
Govt to take strict actions on anonymous properties. Watch this special segment and get to know more here.
Dec 27, 2016, 00:23 AM IST
Property Plus : A system which can sense, identify and warn for earthquake
A system which can sense, identify and warn for earthquake. Watch complete news story of Property Plus to get the detailed news updates!
Dec 24, 2016, 14:05 PM IST
Tata Housing sells 50 flats in Goa for Rs 40 crore in 3 days
Realty firm Tata Housing has sold 50 housing units in Goa in three days for about Rs 40 crore, bucking the overall sluggish trend in property market.
Dec 23, 2016, 19:57 PM IST
Centre grants Rs 160 crore to Uttar Pradesh to construct houses for urban poor
The Centre has granted Rs 160 crore to Uttar Pradesh to construct houses for its urban poor, an official statement said on Wednesday.
Dec 21, 2016, 20:11 PM IST
Court refuses to quash summons against Unitech MDs, Directors
In the three cheating cases lodged by investors in their housing projects, a city court has refused to quash the summons against the top bosses of Unitech Ltd, a prominent realty player.
Dec 18, 2016, 12:30 PM IST
DLF promoters receive offers for Rs 14,000 crore stake sale in rental business
Promoters of the major real estate player DLF have received offers from two investors for selling their 40 pecent stake in rental business. As per reports, the deal maybe signed in the next quarter.
Dec 10, 2016, 20:12 PM IST
'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.
Dec 09, 2016, 20:44 PM IST
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.
Dec 02, 2016, 15:25 PM IST
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.
Nov 30, 2016, 23:26 PM IST
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.
Nov 26, 2016, 22:42 PM IST
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.
Nov 26, 2016, 18:22 PM IST
'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.
Nov 24, 2016, 23:42 PM IST
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.
Nov 24, 2016, 18:27 PM IST
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.
Nov 22, 2016, 04:46 AM IST
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.
Nov 21, 2016, 17:26 PM IST
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.
Nov 18, 2016, 19:36 PM IST
