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Tue, Jan 16, 2024
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Fri, Jan 12, 2024
Property will be expensive in Navi Mumbai, prices will increase due to Mumbai Trans Harbor Link and new airport, property prices are expected to increase by at least 50-60% in the next 3 years, see complete details in this video.
Mon, Mar 25, 2019
Housing prices rose by a modest 7 per cent in seven major cities during the past five years, while sales and new supply have declined 28 per cent and 64 per cent , respectively, according to brokerage firm Anarock .
Fri, Mar 22, 2019
Vora said the construction cost is estimated at Rs 70 crore and sales realisation at Rs 120 crore. The construction cost would be met through internal accruals and bank loans.
Wed, Mar 20, 2019
A successful REIT listing would further prompt the entry of other asset-holding companies to issue their own offerings, thereby widening the REIT market size.
Tue, Mar 19, 2019
The GST Council on Tuesday approved a transition plan for the implementation of new tax slabs for the real estate sector with applicable rules for housing units being applicable from April 1, 2019.
The industry insiders say Arun Jaitley-led GST council has taken a smart move as any reduction in taxes were not possible during election code of conduct.
The GST Council meeting today is expected to clarify the extent to which the opening input-tax credit balance on April 1, 2019, could be used by builders.
Mon, Mar 18, 2019
Currently, the GST is levied at 12 Per Cent on payments made for under-construction properties or ready-to-move in flats where completion cetrificate has not been issued at the time of sale.
At present, there are at least 20 cases before the Maharashtra RERA in which home buyers have complained against the builder for non-completion of the project by the promised date.
The National Capital Region (NCR) and the Mumbai Metropolitan Regions (MMR) lead the affordable housing segment in terms of launches and sales across seven cities in the country, a CII- Anarock report said on Sunday.
Fri, Mar 15, 2019
The government had announced a waiver of property tax for residential houses measuring up to 500 sq ft, 60% waiver for units measuring 501-700 sq ft.
Lack of sound rental policy in India is one of the major hurdles for REITs in the residential segment as yields on residential projects in India hovers between mere 2-3%.
Thu, Mar 14, 2019
NCR flat developers have started to launch flats with smaller sizes in last five years.
Industry insiders have said that REITs would significantly enhance transparency and governance in the commercial real estate market and attract more institutional fund flows.
Wed, Mar 13, 2019
Right now interest rates levied by the HFC on the home loan are at par with the banks, however, HFCs are slow to pass on interest rate benefits to borrowers.
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.
Sat, Mar 09, 2019
Real estate experts say inauguration of Hindon Air Base and metro between Dilshad garden and new bus stand would fuel demand for real estate sector.
Considering the fact that liquidity is need of the hour, NHB's proposal to ease CAR to 15% over the next 3 years is going to be supremely effective for revival of the real estate sector.
The Maharashtra cabinet Friday approved a proposal to exempt residential properties up to 500 sqft from property tax.
The Uttar Pradesh Real Estate Regulatory Authority Friday issued deregistration notices to seven builders for failing to meet their commitments to buyers covering 14 projects and approximately 4,800 residential units.
Fri, Mar 08, 2019
After the Jewar Airport announcement by Modi and Yogi government, Noida is able to match with Gurgaon as the industrial land price in Noida is 25-30% lesser than Gurgaon.
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