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No escape for Benami deals; govt may link Aadhar with land transactions
Wed, Nov 22, 2017
Benami Transactions (Prohibition) Act forbids certain types of financial transactions. The 'benami' is defined as any transaction in which property is transferred to a person for certain consideration by another person.
India's GVA growth can inch up to 6.3% in Q2FY18
Tue, Nov 21, 2017
"We expect GVA growth at basic prices to record a sequential recovery to 6.3% in the second quarter from 5.6% in the first quarter, led by a broad-based pick up in industrial growth, even as agriculture, forestry and fishing and services are likely to moderate," rating agency Icra said in a report today.
Is affordable housing causing a revival in residential property market?
Mon, Oct 09, 2017
Demonetisation, GST implmentation and RERA Act has hampered the overall growth of residential units. However, with the push for affordable housing, this segment has increased by 27% so far in 2017.
Three cities home to 73% real estate barrons: Hurun's rich list
Thu, Oct 05, 2017
As per Hurun's repory, top 5 cities accounts for 86% of top 100 real estate rich list entrants in India. Growth in the country's middle class is driving strong demand for quality houses, which real estate brands.
Does the new SC order brings respite for Jaypee Infratech's homebuyers?
Mon, Sep 11, 2017
Interim resolution professional Anuj Jain has been asked to provide a solution within 45 days to protect the interest of homebuyers and creditors of Jaypee.
Fewer people are searching for homes online post demonetisation, RERA
Mon, Sep 04, 2017
Real estate industry in India has witnessed a slowdown on the back of demonetisation and RERA that came into place this year.
How demonetisation, GST, RERA have derailed advertising spends in India
Fri, Sep 01, 2017
The advertising industry has been hit due to reforms ranging from the demonetisation to GST and even RERA, which have resulted in advertisers such as FMCG, Automobile companies cutting their ad spends.
Few days left for registration under RERA Act; Are builders ready?
Wed, Jul 12, 2017
RERA Act which came into effect on May 1, has been made available for three month (July 31, 2017) time for builders to register themselves.
Unsold home inventory drops 17% but remains high at nearly 6 lakh, Mumbai leads followed by NCR and Bengaluru
Wed, Jul 05, 2017
India's property is slowly recovering as unsold inventory levels dropped 17% from its peak of 2014, Knight Frank India said. Unsold inventory, however, currently stands at 5,96,044 units.
RERA, garbage crisis force home sales in Mumbai region to drop 8%
Wed, Jul 05, 2017
Knight Frank India, in its report said that the reason for this fall in new property launches in RERA compliance and garbage crisis in the city. The Bombay High Court has stayed permissions to new projects over saturation of dumping grounds in Mumbai. It also said, "RERA compliance also deterred builders from marketing their projects, thereby impacting residential sales."
RERA Impact: Lack of funds force small developers to partner with larger players to execute stalled projects
Fri, Jun 23, 2017
With the government's implementation of RERA aimed at bringing transparency into the real estate sector, small developers are seeking to partner with larger players in Maharashtra state due to lack of funds, regulatory hurdles in order to execute their stalled projects.
No ads of realty projects without registering with regulator
Wed, Jun 21, 2017
The Real Estate (Regulation and Development) Act was passed last year to regulate the sector, eliminate fly-by- night operators and protect buyers' interest. The Act came into force from May this year.
Hyderabad tops APAC region for investment in commercial office space
Wed, Jun 14, 2017
Highlights: 1. Hyderabad has emerged as the number one commercial office investment destination in APAC market, says Cushman & Wakefield's latest report
Invest in housing mutual funds if you have high-risk appetite, say experts
Wed, Jun 07, 2017
HDFC Mutual Fund plans to launch a close-ended thematic equity scheme HDFC Housing Opportunities Fund.
DLF's net sales booking down 63% at Rs 1,160 crore in FY17 on weak demand
Sun, May 28, 2017
Real estate company DLF has reported decline of 63% to Rs 1,160 crore in its net sales booking for the last fiscal year 2016-17 (FY18) on back of slowdown in demand in the property market.
DLF's net debt up by Rs 700 crore in January-March quarter at Rs 25,096 crore
Sat, May 27, 2017
Real estate company DLF has reported Rs 700 crore increase in its net debt for the January to March quarter on account of slow demand for houses.
RERA Impact: Now, property dealers have to submit ITR of last 3 years to state authority
Tue, May 23, 2017
Now, property dealers will have to compulsorily submit income tax return (ITR) of last three years to the state Real Estate Regulatory Authority (RERA) failing which they will have to submit their declarations citing reason for non-submission of ITR.
Property dealers need to give ITR of last 3 years after RERA
Tue, May 23, 2017
Property dealers need to give ITR of last 3 years after RERA. Watch the full segment for more details.
Post-demonetisation demand for second homes market likely to fall in 2017: Experts
Tue, May 09, 2017
Post demonetisation, the demand for second homes market in India is likely to fall in 2017 and following two years on account of reforms introduced by the government.
RERA Act: Here are 10 key benefits for home buyers
Mon, May 08, 2017
To address grievances of home buyers often cheated by real estate developers, the government implemented the RERA Act on May 1 this year, find out what are the key benefits of the RERA Act.