Business drives Bengaluru realty
Bengaluru’s thriving economy is a major demand driver for residential real estate in the city. It is the leading city, in terms of absorption of office space and this, in turn, is fuelling demand … READ FULL STORY
Tag: Delhi
Current News
Delhi government approves Phase 4 of metro rail to outer regions
The Delhi government has approved the fourth phase of the Delhi Metro, a mega project that will take the mass rapid transit to the outer areas of the national capital. After the completion of … READ FULL STORY
Property Trends
Brokers go digital with apps
Real estate agents have been known to create a network where they share inventory in order to hasten deal-making. Such networking has historically helped end-users as they are able to choose from a wider … READ FULL STORY
Current News
Office space absorption up by 46% at over 10.2 million sq ft: CBRE
Office space absorption increased by 46%, to over 10.2 million sq ft in the second quarter of 2016 on improved demand from corporates, according to property consultant CBRE. The National Capital Region (Delhi, Gurgaon … READ FULL STORY
Property Trends
Single window clearance will bring down property prices
The construction industry in Mumbai and Delhi, is eagerly waiting for the single-window clearance of all approvals within 30 days, to be implemented. The procedure is at the final stage of implementation, in both … READ FULL STORY
Gurgaon’s Golf Course Extension Road: Strong prospects for growth
In its Residential Investment Advisory Report 2016, real estate consultancy Knight Frank India has identified Golf Course Extension Road as one of the destinations that has the potential to offer the highest price appreciation … READ FULL STORY
Current News
Property: The 1st choice among 7th Pay Commission beneficiaries
Property has emerged as the first choice for investment, among serving government employees, as well as those who have already retired, with close to half of the employees in 20 cities of India, preferring … READ FULL STORY
Current News
No service tax on purchase of under-construction flats: Delhi HC
The Delhi High Court has ruled that no service tax can be levied, in respect of the agreements entered into between buyers and builders for flats in an under-construction building in a housing project. … READ FULL STORY
Current News
NDMC passes resolution withdrawing hike in property tax rates
The North Delhi Municipal Corporation (NDMC), on June 9, 2016, passed a resolution withdrawing the hike in property tax rates, as per the Municipal Valuation Committee (MVC) report. The resolution, for withdrawing the property … READ FULL STORY
Current News
Delhi to become a ‘solar city’, incentives for ‘green’ homes
Giving a major push to clean energy, the AAP government on June 6, 2016, came out with an ambitious policy, announcing incentives and tax breaks to promote solar power and making it mandatory for … READ FULL STORY
Current News
New building bye-laws for Delhi notified
Delhiites will be now able to get a building plan approved within 30 days, and no construction permission will be needed for plots up to 105 sq metres in the national capital, under the … READ FULL STORY
Pan-India survey shows real estate still the best asset class for investment
Some key findings that indicate the correlation between the aspiration quotient and the current status of the Indian real estate sector: 88% Indians find real estate to be the best asset class to invest … READ FULL STORY
Current News
Delhi government to notify new building bye-laws soon
The Delhi government is likely to notify the new building bye-laws soon and simplify the procedure of sanctioning building plans in the national capital. Chief secretary Kewal Kumar Sharma, on May 31, 2016, said … READ FULL STORY
