Demonetisation: I-T department surveys real estate firms in Delhi-NCR
The Income Tax department Wednesday surveyed some real estate players in the national capital region to check reports of alleged profiteering and tax evasion by these entities while converting the recently demonetised currency notes.
Nov 16, 2016, 22:43 PM IST
Notes ban to sooth property prices, impact developers: Fitch
Prices of residential properties will fall and real estate sector will face the negative impact of demonetisation of Rs 500 and Rs 1,000 notes over the next 1-2 years, Fitch Ratings said Thursday.
Nov 10, 2016, 21:19 PM IST
Demonetisation to have no effect on real estate prices, best time to buy: CREDAI
Claiming that the demonetisation of Rs 500 and Rs 1,000 notes will have no bearing on the real estate sector in India, an office-bearer of a national body of developers/promoters on Thursday said the sector will rather move up.
Nov 10, 2016, 16:10 PM IST
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.
Nov 09, 2016, 10:06 AM IST
Note ban to hit resale property market, small builders
Unorganised builders and secondary (resale) property market would be adversely impacted following the government's decision to demonetise Rs 1,000 and Rs 500 notes with effect from midnight, according to real estate developers and consultants.
Nov 08, 2016, 23:34 PM IST
Know how stopping circulation of Rs 500, Rs 1000 will affect property prices
As you know that Rs 500 and Rs 1000 will go out of use from Tuesday midnight. The flushing out of high denomination notes from the economy is going to have an immediate impact on property prices.
Nov 08, 2016, 23:30 PM IST
Gurgaon receives over $1 billion investment in real estate this year
Gurgaon real estate market has received over USD 1 billion in investments from developers and institutional investors so far this year, according to global property consultant CBRE.
Nov 04, 2016, 18:31 PM IST
New Real Estate Act notified; seeks transparency and timely completion of projects
The Centre on Monday notified the rules for Real Estate Act, that seeks to regulate the housing sector besides bringing transparency and ensuring timely completion of projects, which will be applicable for five Union Territories.
Oct 31, 2016, 23:07 PM IST
Mahindra Lifespace Developers profit jumps to Rs 32.17 crore in Q2
Mahindra group's realty firm Mahindra Lifespace Developers Ltd on Thursday reported over five fold jump in consolidated net profit at Rs 32.17 crore for the quarter ended September 30, 2016 and will raise up to Rs 300 crore through rights issue.
Oct 27, 2016, 16:53 PM IST
Indiabulls Real Estate profit reports 2-fold increase to Rs 141.6 crore in Q2
Indiabulls Real Estate on Monday reported 2-fold increase in consolidate net profit at Rs 141.6 crore for the quarter ended September.
Oct 24, 2016, 17:52 PM IST
Indiabulls Housing Finance net up 23% at Rs 684 crore for Q2
Indiabulls Housing Finance on Friday reported a rise of 23.2 per cent in net profit at Rs 684.31 crore for the second quarter ended September 2016.
Oct 21, 2016, 19:09 PM IST
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.
Oct 14, 2016, 21:53 PM IST
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.
Oct 13, 2016, 18:32 PM IST
Lodha Group sells flats worth Rs 690 crore in Palava township
Mumbai-based realty firm Lodha Group on Thursday said it has sold homes worth Rs 690 crore during last 10 days in its township project at Palava.
Oct 13, 2016, 16:06 PM IST
HDFC Realty mulls helping banks dispose of defaulter assets
Taking its experience in selling properties of Sahara and PACL for Sebi a step further, real estate advisory firm HDFC Realty is considering helping banks sell properties of defaulters and recover loans.
Oct 10, 2016, 00:14 AM IST
Centre to notify rules of the Real Estate Act soon
The Centre will notify the rules of the Real Estate Act soon, moving another step toward operationalising the legislation which seeks to regulate the housing sector, bring transparency and help protect consumer interests.
Oct 09, 2016, 17:29 PM IST
Housing sales down 1-2% in Jan-June in seven major cities
Housing sales fell by 1-2 percent in the seven major cities during the first half of this year, while supply increased by 10 percent over the preceding six months, according to property consultant CBRE.
Oct 03, 2016, 20:09 PM IST
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.
Sep 22, 2016, 19:39 PM IST
'Donald Trump's investments in India to impact US foreign policy'
In its cover story on Trump's investments in properties overseas, the popular Newsweek said as the Republican National Convention was about to get underway in July, the Trump Organisation declared it was planning a massive expansion in India.
Sep 15, 2016, 00:45 AM IST
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.
Sep 10, 2016, 19:28 PM IST
