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unsold inventory News
Unsold inventory is surplus for real estate sector, says Rajeev Talwar, DLF Limited
Fri, Jun 21, 2019
Rajeev Talwar, Chief Executive Officer and Whole-time Director of DLF, and JC Sharma, Vice-chairman & Managing Director, Sobha Limited, present the real estate picture of India and their expectations from Union Budget, during a candid chat with Zee Business.
Unsold inventory in residential realty reduces to 2-year low in fourth quarter of 2018
Tue, Jan 15, 2019
On account of headwinds including the liquidity crisis in 2018, housing sales grew by 18 per cent and new launches by 33 per cent across the top 7 cities — Delhi-NCR, Mumbai, Kolkata, Bengaluru, Pune, Chennai and Hyderabad — compared to 2017.
Unsold realty inventory under Income Tax radar to check hoarding
Tue, Nov 28, 2017
A tax between 8% and 10% could be applied on the property that is held under "stock in trade" by the developers. The Central Board of Direct Taxes has already sent internal guidelines to I-T officials across the country,
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.