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
According to a recent CII-ANAROCK survey, it was found that nearly 55% of the net affordable housing supply came from Delhi-NCR and the Mumbai Metropolitan Region (MMR). Industry experts opine that the major reasons … READ FULL STORY
With the results of the Lok Sabha elections 2019 showing a return of the Modi government with full majority of its own, the expectation across the realty sector is that of optimism. According to … READ FULL STORY
Peninsula Land Limited, a part of the Ashok Piramal Group, on February 12, 2019, announced the launch of the second phase of addressOne Central Park in Gahunje, Pune, where it plans to develop over … READ FULL STORY
Divyata Kalhans Account director, Mumbai I have purchased a property in Jaypee Krescent homes, Noida, for which I opted for a home loan. I am disappointed with this budget, as there is no change … READ FULL STORY
Update on July 5, 2019: Finance minister Nirmala Sitharaman, while presenting the Union Budget 2019-20, on July 5, 2019, said the government is proposing additional tax deduction of Rs 1.50 lakhs on the interest paid … READ FULL STORY
Before every annual budget, the real estate sector trots out a highly optimistic (and unrealistic) wish-list to the Finance Ministry. Whether the industry actually expects the upcoming budget to cure all its woes, with … READ FULL STORY
Finance minister Piyush Goyal, on January 28, 2019, exhorted state-run banks to step up lending to micro, small and medium enterprises, agriculture and housing sectors and also assured these lenders of all kinds of … READ FULL STORY
Update on March 12, 2019: The government of Maharashtra, on March 1, 2019, announced an amnesty scheme with respect to the penalty that can be levied for insufficient payment of stamp duty made in the … READ FULL STORY
Around 2.75 lakh beneficiaries have availed of the subsidy scheme under the Pradhan Mantri Awas Yojana (Urban), with Gujarat topping the chart, the government said, on November 28, 2018. Maharashtra and Madhya Pradesh had … READ FULL STORY
With a large number of homeless people in India, a huge transformation is necessary to house the country’s growing population, over the next 20 to 30 years. However, this also raises a fundamental question … READ FULL STORY
There has been a whopping 50 per cent jump in overall new housing launches in Q2 2018, over the preceding quarter, with the maximum supply in the affordable segment (less than Rs 40 lakhs). … READ FULL STORY
In a statement on June 6, 2018, the Reserve Bank of India (RBI) said that it has decided to revise the housing loan limits for priority sector lending (PSL) eligibility from Rs 28 lakhs … READ FULL STORY
