What is land banking and how does the business of land banking work? Land banking is the practice of aggregating parcels or blocks of land at current market rates or lower, for future sale … READ FULL STORY
In the top 9 cities in India, there has been a massive developer consolidation, with over 50% of the total developers that existed in 2011-12 leaving the market by 2017-18, according to PropEquity Research. … READ FULL STORY
While consolidation has been an ongoing phenomenon for some time, recent mergers, acquisitions and joint developments, are underscoring this trend like never before. The Indian residential sector saw a series of disruptions in the … READ FULL STORY
With the General Elections of 2019 giving a clear mandate for Narendra Modi to return as prime minister for a second term, the real estate sector is optimistic, as this would mean a continuation … READ FULL STORY
In order to tide over temporary liquidity crunch, banks borrow from the Reserve Bank of India (RBI), against government securities. The rate at which the RBI lends money to banks, is known as the … READ FULL STORY
The Central Information Commission has pulled up the Reserve Bank of India (RBI) for ‘perfunctory handling’ of an RTI application, seeking records of its board meetings where the issue of demonetisation was deliberated and … READ FULL STORY
Jitu Virwani, CMD of the Embassy Group, is a firm believer that the top developers are conscious of the advantages of adopting professional practices. In an exclusive interview with Housing News, Virwani points out … READ FULL STORY
On the back of critical policy reforms like demonetisation, the Real Estate (Regulation and Development) Act (RERA) and the Goods and Services Tax (GST), 2018 is seeing both, sales and new supply picking up, … READ FULL STORY
After the demonetisation drive and the rollout of reforms like the Real Estate (Regulation and Development) Act (RERA) and the Goods and Services Tax (GST), the real estate sector witnessed a significant slowdown. With … READ FULL STORY
The issue of transparency in secondary or resale real estate transactions, has indeed been on everyone’s minds, ever since the Real Estate (Regulation and Development) Act (RERA) stepped in, to rescue the primary or … READ FULL STORY
Conceptualised under the Gurugram Master Plan 2021, Dwarka Expressway or the Northern Peripheral Road (NPR) was initially planned to connect Dwarka in Delhi to Palam Vihar in Gurugram. However, it was further extended to … READ FULL STORY
The secondary real estate market in India has started showing signs of recovery, after being hit by the demonetisation drive. However, the industry and property buyers expect the government to streamline the market. A … 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
