In a move that will ease the allotment of properties under the EWS category, the Lieutenant Governor of Delhi, VK Saxena, has directed the Delhi Development Authority (DDA) to ensure faster conversion of leasehold … READ FULL STORY
A Ghaziabad-based project has been stuck for almost 10 years now, as the developer exhausted all his internal accruals in outright land purchase and hoped to sell off and raise funds through construction-linked plans. … READ FULL STORY
The Reserve Bank of India (RBI) on August 5, 2022, increased the repo rate by 50 basis points. The move by the apex bank, has now brought RBI’s benchmark lending rate, at which banks … READ FULL STORY
Non-resident Indians (NRIs) are helping to put India’s real estate market back on track for a recovery, according to organisers of the 3rd PropertyGuru Asia Property Awards (India). The PropertyGuru Asia Property Awards (India) … READ FULL STORY
Brigade Group and GIC Singapore, on August 4, 2022, unveiled their LEED Platinum-certified IT SEZ Park, Brigade Tech Gardens, located in Brookefields, Bangalore. Brigade Tech Gardens, a joint venture between Brigade Group and GIC … READ FULL STORY
The proposed new Pune airport will be constructed at Purandar tehsil. This is the same site that was identified by the then chief minister Devendra Fadnavis government and approved by the Ministry of Defense … READ FULL STORY
Brookfield India Real Estate Trust, India’s only 100% institutionally managed REIT, on August 3, 2022, reported an adjusted net operating income of Rs 2.3 billion during the first quarter of FY23, registering a 38% … READ FULL STORY
Those investing in the Delhi-NCR market, know how difficult it could be to decide between the two real estate hotspots of Noida and Gurgaon. Here is a detailed guide for an NCR investor, who … READ FULL STORY
Larsen & Toubro leases its 5.5 acres Powai space in Mumbai to Amazon Data Services for Rs 3.57 crore per month. Going forward, the rentals for the space will increase. With a possible development … READ FULL STORY
The recent changes in GST have created ripples across consumer segments. While rates have been revised for certain articles, many items, which were earlier outside the list, were brought under GST. Two newly-included items … READ FULL STORY
In a housing society, all units are by and large identical. However, you can make your home look different by decorating it with exquisite art pieces. “Paintings are one of the most popular artworks … READ FULL STORY
According to a report by credit rating agency ICRA, cement volumes are likely to grow by 7-8% in FY 2023 to around 388 million MT, supported by demand from housing, both rural and urban, … READ FULL STORY
From August 1, 2022, housing loans at private lender HDFC are becoming costlier, with the non-banking finance company announcing a rate hike of 25 basis points. Home loans interest rates at HDFC will now be … READ FULL STORY
