Pune, in Maharashtra, attracts people from all over India, as well as abroad. People often move to this city for education or to earn a livelihood, as this city offers ample employment opportunities. When … READ FULL STORY
Delhi, the capital city of India, continues to attract economic wealth and migrant population and this has a positive effect on its real estate market. Santhosh Kumar, vice-chairman, ANAROCK Property Consultants, points out that … READ FULL STORY
The Goods and Services Tax (GST), a revolutionary tax reform that was rolled out on July 1, 2017, has effectively replaced multiple taxes like VAT, central excise duty, commercial tax, service tax, octroi, etc. … READ FULL STORY
The new regulatory changes and the changing market dynamics, will not adversely challenge the end-user driven markets, says Ashish R Puravankara, managing director of Puravankara Limited. In an exclusive interview with Housing News, Puravankara … READ FULL STORY
The Delhi Metro has been a boon for the residents of the National Capital Region (NCR), providing connectivity to various parts of the city and in turn, boosting real estate development. Now, the authorities … READ FULL STORY
Housing loans of up to Rs 35 lakhs, for dwellings costing less than Rs 45 lakhs, will be treated as priority sector lending (PSL), to give a fillip to the low-cost segment, the Reserve … READ FULL STORY
The Ministry of Housing and Urban Affairs, on June 12, 2018, increased the carpet area of houses eligible for benefits under the Pradhan Mantri Awas Yojana’s (PMAY’s) credit-linked subsidy scheme (CLSS) to 160 sq … READ FULL STORY
The Reserve Bank of India (RBI), for the first time in over four years raised the repo rate, or the short-term lending rate, by 0.25 per cent to 6.25 per cent, on inflation concerns, … READ FULL STORY
The burden on Mumbai’s infrastructure has become increasingly evident over the last few years, with the city witnessing floods and worsening traffic jams. With the increasing number of high-rises, the residents have been demanding … READ FULL STORY
The real estate market in Gurugram, in the Delhi-NCR, has witnessed significant changes over the past few years. With the prime areas reaching saturation, in terms of occupancy and prices, Gurugram may also see … READ FULL STORY
After a year-long delay, the final draft of the Greater Mumbai Development Plan (DP) 2034, recently saw the light of day. The highlights were the amendments in the development control regulations (DCR) in terms … READ FULL STORY
The government’s approval, on the long-pending Mumbai Development Plan (DP) 2034, is a welcome move. The DP is likely to spur real estate activity in the city and also pave the way for the … READ FULL STORY
With many corporate and large business houses now looking towards emerging locations in Mumbai to set up their offices, such locations offer a great opportunity for buying homes, as well. “Over the past decade, … READ FULL STORY
