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Homebuyers returning to residential market, taking advantage of favourable property prices: Report
Wed, May 29, 2019
Indian homebuyers are returning to the residential market and taking advantage of favourable property prices and cuts in GST and also home loan rates earlier this year, a report said.
Homebuyers can now seek full refund with 10% interest if flats get delayed beyond 1 year
Fri, May 17, 2019
Homebuyers can now seek a full refund from builders with 10% interest if the possession of their flats is delayed beyond one year, the National Consumer Disputes Redressal Commission (NCDRC) has ruled.
Shrinking! Often felt your flat is smaller in size? Yes, it's true - Here is why
Thu, Mar 14, 2019
NCR flat developers have started to launch flats with smaller sizes in last five years.
Mumbai city is on the cusp of a transformation: Devang Varma, Promoter, Omkar Realtors
Wed, Mar 13, 2019
The Indian real estate have taken the centre of attention among government, which is why, there were various benefits introduced for this sector. After GST rate cut, it was Interim Budget 2019 which brought in good news for both developers and home buyers.
Homebuyers Alert! GST rate cut to drive housing sales, but Assocham also wants another industry to be revived
Thu, Feb 28, 2019
New GST rate for under-construction properties has been slashed by almost 7% and this will be implemented from April 01, 2019.
It’s time to buy realty, steel and cement stocks - GST rate cut is win-win for homebuyers and investors
Mon, Feb 25, 2019
Almost 7% deductions have been made in new GST rate for under-construction properties, which will be implemented from April 01, 2019.
Homebuyers alert! Planning to buy flat? Wait! Modi government may give this big relief soon
Fri, Feb 22, 2019
The 5% GST can help boost homebuyers' favourable disposition towards making a purchase decision. While it may not trigger massive housing sales, it can make a difference.
Budget 2019: Home buyers and real estate developers biggest winners; know how your situation will change, as per experts
Fri, Feb 01, 2019
Experts from various companies have given a massive thumbs up to Prime Minister Narendra Modi's government vision in real estate.
Budget 2019: Your dream house may soon become cheap; if your real estate developer is happy, then so will you be - a PM Modi gift
Fri, Feb 01, 2019
While announcing the Budget, interim Finance Minister Piyush Goyal also revealed that now the government has proposed exemption on levy of income tax on notional rent on a second self-occupied house.
Ache din for homebuyers? Modi govt may announce big reforms in Budget 2019
Tue, Jan 15, 2019
Currently, in Pradhan Mantri Awas Yojana, homebuyers under LIG are categorized as per their income between Rs 3 lakh to Rs 6 lakh.
Homebuyers in Bengaluru against dilution of real estate rules
Sat, Dec 01, 2018
A large number of homebuyers, allegedly cheated by builders, staged a protest here Saturday against the dilution of Real Estate Regulatory Authority (RERA) by the Karnataka government.
How these homebuyers turned this big setback into massive triumph against builder
Tue, Oct 30, 2018
It is a truism that buying a house is one of the most difficult of enterprises for most Indians today. You cannot do without it and many builders take advantage of that to fleece the innocent homebuyers.
Amrapali, accused of defrauding homebuyers, now accused of cheating SC
Fri, Oct 26, 2018
On October 9, Amrapali filed an affidavit indicating there are 92 serving and former directors. But the annexure to the affidavit contained only 86 names. Lahoty said that on going through the list, names of 16 former directors were found to be missing.
Big setback for Jaypee Infratech homebuyers; this is what banks have done
Wed, Jul 18, 2018
JAL, which has already deposited Rs 750 crore with the apex court registry, had told the bench headed by Chief Justice Dipak Misra that it was willing to deposit Rs 600 crore more to refund money to the home buyers if it was allowed to dispose of its identified assets, including a cement plant at Rewa in Madhya Pradesh.
Booked a flat at Noida, Greater Noida? You may have to pay more
Wed, Jul 11, 2018
Homebuyers now have to pay more for their incomplete flats. The builders of Noida and Greater Noida on Tuesday pitched for recalculating the land cost and this pushed up the prices of the incomplete flats in those areas. This will lead to higher prices of the under construction flats, according to a report by Times of India.
Why homebuyers are looking for bigger flats in big cities
Mon, Jun 25, 2018
Singapore-based Elara Technologies is the owner of three realty portals PropTiger.Com, Housing.Com and Makaan.Com. It provides digital real estate marketing and transactions services.
How affordable are housing schemes? Homebuyers must take note of these pitfalls
Fri, Jun 22, 2018
The scheme has been classified into four sections Economically Weaker Section (EWS), Low Income Group (LIG), Middle Income Group-I (MIG-I) and Middle Income Group-II (MIG-II) — wherein the maximum subsidy of Rs 2,67,000 is for the first two income categories, Rs 2,35,000 for MIG-I and Rs 2,30,000 for MIG-II, respectively.
MahaRera asks developer to refund charges for scenic view; here's why
Fri, Jun 22, 2018
Premium charged to a home buyer by a developer for scenic view will have to be refunded or adjusted, if the view ceases to exist, says MahaRera (Maharashtra Real Estate Regulatory Authority).
Good news for homebuyers! RBI just enhanced housing loan limits
Wed, Jun 20, 2018
The RBI in its Second Bi-Monthly Monetary Policy Statement 2018-19 had decide to enhance the limit for eligibility for PSL under the scheme.
How homebuyers can protect their financial interest under Insolvency and Bankruptcy Code
Mon, Jun 18, 2018
Scores of homebuyers, particularly in NCR, have some relief as now they will be treated as financial creditors. Homebuyers are recognised as financial creditors under the insolvency law, with the government promulgating an ordinance.