On the recommendation of the Deepak Parekh committee, the Maharashtra government has reduced the premiums charged by authorities for realty development (ongoing and new launches) by 50% till December 31, 2021. This could be … READ FULL STORY
The demand for space to set up data centres has witnessed a huge increase, owing to digitisation in the aftermath of the Coronavirus pandemic. India’s transformation into a ‘digital economy’, has also helped this … READ FULL STORY
Gurgaon-based banking professional, Neelima Talukdar, aged 41, has been postponing her house purchase plans for nearly four years now, expecting prices to ‘crash’, as a demand slowdown pressured developers to price homes more reasonably. … READ FULL STORY
Although the overall economic scenario remains cautious, the real estate consumer is confident of his income for the coming six months, says a report by Housing.com and NAREDCO, titled ‘Concerned, Yet Positive – Real … READ FULL STORY
There are several hurdles in the process of transfer of a distressed property under the present auction process. Due to the Coronavirus pandemic, there is a broad consensus among real estate experts and stakeholders … READ FULL STORY
Once the phased exit begins, there will be a lot many things to do in a limited timeframe. Here are some things that sellers can do today to prepare beforehand.
In a bid to control the Coronavirus outbreak, the Indian prime minister ordered a 21-day lockdown that started on March 25, 2020, which has now been extended till May 3, 2020. Social distancing, which … READ FULL STORY
The first budget of the Maha Vikas Aghadi (MVA) government, presented in the assembly on March 6, 2020, seeks to provide a fillip to infrastructure development in the state, by proposing an outlay of … READ FULL STORY
During the ten years starting from 2010, the real estate sector witnessed a massive transformation, especially in markets like Pune, Bengaluru, Hyderabad, Delhi-NCR, etc. However, due to the lack of sufficient land banks and … READ FULL STORY
Several big financial reforms and efforts by the government and the industry, shaped the real estate sector over the past decade. The decade ahead, is likely to witness the emergence of a more organised … READ FULL STORY
A large number of second home buyers purchase luxury homes that provide them with a retreat away from the city, where they can relax and rejuvenate. According to Sunil Sharma, VP – marketing and … READ FULL STORY
Despite a slew of measures to arrest the slump, by the government and the Reserve Bank of India (RBI) to boost liquidity and revive demand, a latest survey by Knight Frank, FICCI and NAREDCO, … READ FULL STORY
Update on September 4, 2019: If media reports are to be believed, the government is planning to expand the scope of ‘affordable housing’ by including housing projects costing up to Rs 50-55 lakh in … READ FULL STORY
