The number of high net worth individuals (dollar millionaires) in India grew by 20.4 per cent to 2.63 lakh people, while their collective wealth grew by 21 per cent to over USD one trillion, … READ FULL STORY
Over 780 benami asset attachments worth crores of rupees, run the risk of being invalidated in the near future, as the government has failed to create a designated adjudicating authority for over a year-and-a-half … READ FULL STORY
A pan-India survey by Track2Realty Brand X Report 2017-18, finds that a large number of Indians are not convinced with reforms like the Real Estate (Regulation and Development) Act (RERA), demonetisation, the Goods and … READ FULL STORY
After making it compulsory to link Aadhaar numbers with a large number of services and financial instruments, there have been sporadic reports that the government may also link property transactions with the unique ID. … READ FULL STORY
Ready Reckoner (RR) rates indicate the value of land or residential and commercial properties of an area, determined by the state government and are published annually. RR rates vary as per the area under … READ FULL STORY
The Indian real estate market, which was at its lowest level in the past four to five years, has witnessed a recovery in 2018, owing to greater transparency and greater consolidation, says a report … READ FULL STORY
While policy changes like demonetisation, the Real Estate (Regulation and Development) Act (RERA) and the Goods and Services Tax (GST) may have caused a temporary slowdown in the real estate market, the long-term impact … READ FULL STORY
Ready Reckoner (RR) rates indicate the value of land or residential and commercial properties of an area, determined by the state government and are published annually. RR rates vary as per the area under … READ FULL STORY
Real estate companies sold 17.26 million sq ft during the nine months from April to December 2017, against 13.35 million sq ft in the year-ago period (a rise of 29.3 per cent), according to … READ FULL STORY
The Reserve Bank of India (RBI), on February 7, 2018, opted for the widely expected status quo in key rates, citing inflation concerns and flagged risks from wider fiscal deficit. The repo rate, at … READ FULL STORY
With more than 6,50,000 Indians working and staying in Qatar, the non-resident Indians (NRIs) there are in a tight spot, after its neighbouring countries, including Saudi Arabia, Bahrain, Egypt and the United Arab Emirates, … READ FULL STORY
Speaking at the 27th All India Builders’ Convention of Builders’ Association of India, vice-president M Venkaiah Naidu, on January 19, 2018, sought to assure developers that ‘The Real Estate Regulation Act is for promotion … READ FULL STORY
Residential market prices have dropped substantially in the Kolkata market in the second half of 2017, while annual launches have fallen by 47 per cent during the period, according to a study by real … READ FULL STORY
