According to a study by property consultants Knight Frank, homes launches in 2017 plummeted by a staggering 78 per cent to 1,03,570 units. The peak of the realty boom in 2010, saw as many … READ FULL STORY
While a large section of developers have called 2017 as a year of consolidation, 2018 could be a year of confusion. The regulatory changes of 2017 have left many developers confused over streamlining of … READ FULL STORY
The year 2017 witnessed several major events that impacted the real estate sector – from policy-related announcements and reforms, to interest rate changes, tax related announcements and the attempt to shift to a cashless … READ FULL STORY
Altico Capital, a non-banking finance company, promoted by Clearwater Capital, Abu Dhabi Investment Council and Varde Partners, recently deployed Rs 1,250 crores across five deals in Hyderabad and Pune. This includes Rs 500 crores … READ FULL STORY
Individual wealth in real estate grew by 8.62 per cent to reach Rs 60.25 lakh crores in FY17 and is likely to double, to reach Rs 121 lakh crores in the next five years, … READ FULL STORY
For many, the decision to buy a home, depends on whether one is able to get a home loan on time, or not. Most housing finance companies ask the borrower to pay 10-20 per … READ FULL STORY
Cash deposits of Rs 15.93 crores, made in a Delhi bank post demonetisation, have been held as ‘benami’ property by a special court, even as the depositor and the beneficial owner of the stash … READ FULL STORY
Pune-based real estate developer DS Kulkarni (DSK), battling allegations of financial irregularities, on November 21, 2017, said that the firm was ‘confident’ of paying the returns to fixed deposit holders, who have accused it … READ FULL STORY
As per a survey conducted jointly by the Urban Land Institute and consultancy PwC, the initial effects of demonetisation and the Goods and Services Tax (GST), have impacted the investment and development prospects of … READ FULL STORY
The Income Tax (I-T) Department is matching the tax profiles of all property registrations of above Rs 30 lakhs, under the provisions of the anti-Benami Act, as action against illicit asset holders is set … READ FULL STORY
The declining trend that engulfed luxury home prices across key Indian metros earlier this year, has further intensified amid a global pattern of weakening prices, revealed the Knight Frank Prime Global Cities Index Q3 … READ FULL STORY
India’s real estate sector will quickly adapt to the recent regulatory changes, like demonetisation, RERA and the GST, according to Bijay Agarwal, managing director, Salarpuria Sattva Group. In an exclusive interview with Housing News, … READ FULL STORY
It has now been a year, since the Indian government announced the demonetisation exercise on November 8, 2016. The debate now centres on whether demonetisation has helped or hurt the real estate sector. The … READ FULL STORY
