While the tax structure for the goods and services tax (GST) has been announced, the real estate industry is waiting to see which rate is applied to it and the construction industry. Given the … READ FULL STORY
It started off as an affordable housing destination; was then plagued by litigations pertaining to land acquisition; witnessed price escalation and higher FSI and density norms, and finally saw the emergence of premium housing, … READ FULL STORY
One does not tend to think of Pune as a metropolitan city, especially when compared to neighbouring Mumbai. Unlike Mumbai, however, Pune has the benefit of being able to grow spatially and it has … READ FULL STORY
The festive season is when people usually loosen their purse strings as this is an auspicious time to buy a home. Usually, this means a windfall for developers. But with the property market in … READ FULL STORY
Benefits to promoters/builders, for construction of affordable houses Under the newly-enacted Section 80IBA, 100% of the profits derived by the builder/promoter from a residential housing project, are allowed as deduction to every tax payer … READ FULL STORY
Faridabad has been a popular residential hotspot, among home seekers who seek stay away from hustle and bustle of the main city areas. Consequently, many new and reputed developers are trying to cater to … READ FULL STORY
In the real estate market, fear is often used as a tool to drive the market sentiment and to influence the demand and supply matrix. For several years now, we have often heard that … READ FULL STORY
Faridabad is emerging as one of the most promising locations in the National Capital Region (NCR). Easy accessibility to Noida and Gurgaon, which are major corporate centres, while being a peaceful spot, have made … READ FULL STORY
One of the major initiatives taken by the Modi government, is to promote the policy of ‘Housing for All by 2022’. India has a shortage of 18.8 million urban homes for the 12th five-year … READ FULL STORY
The recently-released Maharashtra State Housing Policy, proposes redevelopment of buildings in 104 layouts of the state-run Maharashtra Housing and Area Development Authority (MHADA) in Greater Mumbai. A developer will be eligible for an FSI … READ FULL STORY
Mira Road-Bhayander is one of the rapidly developing western suburban areas in the Mumbai metropolitan region. Located towards the north of the city, the area has witnessed a gradual transformation in the last few … READ FULL STORY
There is a collective belief in the Indian real estate market that technology can help create affordable housing. So far, the debate has been focused on the policy framework and there has hardly been … READ FULL STORY
According to a study by Cushman & Wakefield, the top eight cities including Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai and Pune, recorded new launches of 61,847 units during January-June 2016, out of … READ FULL STORY
