The metropolitan and large cities in India, have several real estate micro-markets that are reasonably priced and offer good returns for end-users and investors alike. As these cities tend to have limited supply of … READ FULL STORY
Recent developments in Noida Extension, also known as Greater Noida, have attracted significant buyer interest towards the region’s residential real estate landscape. According to a recent report by ANAROCK Property Consultants, with more than … READ FULL STORY
The applicability of the Goods and Services Tax (GST) in the Indian taxation system, was a move aimed towards ‘one nation, one tax’. After land abetment, the applicable GST for under-construction properties was 12 … READ FULL STORY
Update on March 12, 2019: The government of Maharashtra, on March 1, 2019, announced an amnesty scheme with respect to the penalty that can be levied for insufficient payment of stamp duty made in the … READ FULL STORY
Around 2.75 lakh beneficiaries have availed of the subsidy scheme under the Pradhan Mantri Awas Yojana (Urban), with Gujarat topping the chart, the government said, on November 28, 2018. Maharashtra and Madhya Pradesh had … READ FULL STORY
Between 30 and 35 per cent of new housing launches in the Mumbai Metropolitan Region (MMR) have been in its emerging suburbs, states a report by ANAROCK Property Consultants. The MMR’s western and central … READ FULL STORY
The Housing and Urban Affairs Ministry, on October 30, 2018, approved the construction of nearly 2.15 lakh affordable houses for the poor in six states, under the Pradhan Mantri Awas Yojana (Urban). According to … READ FULL STORY
The much-awaited Development Plan (DP) 2034 of Mumbai is a mixed bag for stakeholders, as there are some positive provisions, as well as some other areas of challenge. It is interesting to note that … READ FULL STORY
The Haryana government plans to develop five new cities of 5,000 hectares each, alongside two major expressways – Kundli-Manesar-Palwal (KMP) and Kundli-Ghaziabad-Palwal (KGP) – to boost industrial, commercial and housing activities in areas bordering … READ FULL STORY
Over 200 affordable housing projects have been planned under the Smart City Mission in Karnataka, with over 130 of these smart city projects planned in Belagavi, Mangaluru and Tumkur, with a cost of less … READ FULL STORY
The Maharashtra cabinet, chaired by chief minister Devendra Fadnavis, on October 23, 2018, gave its nod to form the state housing development corporation, to boost the implementation of the Pradhan Mantri Awas Yojana (PMAY). … READ FULL STORY
Sales of housing units in the top nine property markets in India increased by 24 per cent during the July-September 2018 period (Q2 FY2019), while new launches declined by 35 per cent, according to … READ FULL STORY
At a recent financial seminar, a panelist suggested that amidst the over-supply in markets across Mumbai, Bengaluru and Delhi-NCR, the luxury segment in Kolkata stood out. This raised the question of whether a cost-conscious … READ FULL STORY
