'Apartment funding' route to perish post RERA: JLL
With the RERA making it mandatory for developers to deposit 70 per cent of the receipts through any kind of sale in an escrow account, 'apartment funding' mode of raising funds from investors is likely to perish, says property consultant Jones Lang LaSalle.
Jul 16, 2017, 13:27 PM IST
When will RERA law be implemented across India?
From 1st May, 2017, RERA law was passed across the nation. However, it's been 2 months since yet implementation of the law has covered only two states. Watch to know more.
Jul 12, 2017, 14:15 PM IST
Developers need to invest in project management post GST, RERA
With the advent of GST and RERA, developers would now have to adopt higher standards of performance compelling them to invest in project management, say experts.
Jul 09, 2017, 13:10 PM IST
Jewar airport to reinvigorate Greater Noida housing sector: Industry
With the decks being cleared for the construction of a second airport for the capital at Jewar in Uttar Pradesh, the residential segment in Greater Noida and along the Yamuna Expressway, in a slump over the last two to three years, will become vibrant once again, say industry experts and stakeholders.
Jul 09, 2017, 12:42 PM IST
RERA helps tap affordable housing segment: HDFC Ltd
The new real estate regulation has helped HDFC Ltd tap customers in the affordable housing segment by bringing in much needed transparency and accountability, the mortgage lender said on Thursday.
Jul 06, 2017, 18:27 PM IST
Residential launches decline 41% in H1 2017: Survey
Even as residential launches dropped 41 percent in January-June period this year against H1 2016, the real estate sector witnessed a resurrection in the affordable housing segment, a recent survey said.
Jul 05, 2017, 18:48 PM IST
Housing sales dip 26% in Delhi-NCR in H1, unsold units 1.8 lakh
Housing sales fell 26 percent in Delhi-NCR in the first half of 2017 as demand continued to be sluggish post-demonetisation despite a price correction of 20 per cent in the last 18 months, according to Knight Frank.
Jul 05, 2017, 17:42 PM IST
Signature Global ropes in Bollywood star Vidya Balan as brand ambassador
Realty firm Signature Global, which is into development of affordable homes, has roped in Bollywood actress Vidya Balan as brand ambassador.
Jul 03, 2017, 18:33 PM IST
With no GST breather, ready to move-in flats to cost more
The consumers will have to shell out more for the ready to move-in flats under the GST system as developers with large unsold inventories are planning to pass on the higher tax burden to home-buyers.
Jul 03, 2017, 11:42 AM IST
Housing sales fall over 40% in Jan-May on slow market: PropEquity
Housing sales fell by 41 percent during January-May period of 2017 at 1.10 lakh units across 42 major cities as property demand continued to be sluggish post demonetisation, according to PropEquity.
Jul 02, 2017, 16:19 PM IST
Zee Media Exclusive: GST will lead to increased tax compliance, says Finance Minister Arun Jaitley
Discussing various intricacies associated with GST, FM Jaitley explained how more efficient tax system will lead to increased compliance in the country.
Jun 28, 2017, 23:10 PM IST
NAREDCO writes to PM; seeks 6% GST, exemption to low-cost home
Realtors' body NAREDCO has written to the Prime Minister seeking lower GST of 6 percent on sale of under-construction property from 12 percent as higher tax will lead to price rise and affect sales.
Jun 28, 2017, 19:30 PM IST
Signature Global to invest Rs 400-crore in two Gurugram projects
Realty firm Signature Global will invest Rs 400 crore to develop two new affordable home projects in Gurugram as part of its expansion plan in low-cost housing segment.
Jun 25, 2017, 17:50 PM IST
New rules to make realty free of undesirable activity: Parekh
HDFC Chairman Deepak Parekh on Friday termed government policies on housing as practical and implementable and expressed hope that new regulations will stop "undesirable activity" practiced by some realtors.
Jun 23, 2017, 18:13 PM IST
Adani Capital invests Rs 50 crore in PRA Realty's project in Pune
Adani Capital, the NBFC arm of the Adani Group, will invest Rs 50 crore in PRA Realty's project in Pune.
Jun 21, 2017, 18:02 PM IST
Builders must pass on lower GST to buyers: Finance Ministry
The government on Thursday asked builders to pass on the benefit of lower tax under the GST system to buyers by reducing prices and instalments, otherwise the action will be violative of the anti-profiteering clause.
Jun 15, 2017, 21:00 PM IST
DLF's annual rental income to rise 12% at Rs 2,900 crore in FY18
Realty major DLF's total rental income will rise by 12 percent to about Rs 2,900 crore this fiscal on better realisation from existing commercial assets and addition of new properties in Chennai and Delhi.
Jun 11, 2017, 13:20 PM IST
Mumbai real estate: `launches in Q1 of 2017 dipped by 24%'
The real estate project launches in Mumbai dropped by 24 percent in the first quarter of 2017, a recent survey said.
Jun 08, 2017, 20:10 PM IST
IT-ITeS sector leases 10% more office space in 2016
Office space leasing by IT and ITeS companies rose by 10 percent last year at 16.81 million sq ft with Bengaluru and Hyderabad absorbing more than 50 per cent of this space, according to JLL India.
Jun 08, 2017, 17:46 PM IST
Launches of new homes dips 8% in last fiscal
Housing sector witnessed 8 percent decline in new launches to 1,08,200 units in eight top cities during the last fiscal, mainly due to new real estate law and poor sales post demonetisation, according to a report.
Jun 05, 2017, 17:20 PM IST
