Land acquisition in the country, has been a hotly debated issue. The controversies around faulty land acquisition and the problems of resettlement and compensation, continue to threaten a number of projects across the residential … READ FULL STORY
Earlier, whatever interest that a borrower paid against a housing loan, was allowed to be completely adjusted from the income, as a deduction. Now, this deduction has been capped to Rs 2 lakhs and … READ FULL STORY
There has been a surge in the collection of property tax online, by the South Delhi Municipal Corporation (SDMC), with Rs 80 crores collected in the first quarter this fiscal, the civic body said … READ FULL STORY
“Whenever I wished to visit my under-construction apartment, I was denied entry into the site by the security guards, in the name of safety issues. I am unaware of the construction status and the … READ FULL STORY
While there is a lot of buzz over the Goods and Services Tax (GST) in the market, most people remain unsure about how it will impact various businesses. In the real estate sector, people … READ FULL STORY
Some of the recent trends in the Indian property market, seem to suggest that non-resident Indians (NRIs) are shifting their investment from Bengaluru to Coimbatore and Kochi, owing to the lower ticket size in … READ FULL STORY
While many developers are trying to woo non-resident Indians (NRIs) to invest in their projects, very few have succeeded. This can be attributed to the failure of developers to understanding what these fellow Indians … READ FULL STORY
Delhi-NCR’s rental market is now witnessing a new source of supply of apartments. Investors, who have been the primary buyers of apartments, are now stuck with excess inventory and are willing to rent out … READ FULL STORY
The Reserve Bank of India’s (RBI’s) move, to reduce risk weights and standard asset provisioning on individual housing loans, are credit negative for banks, because lower capital requirements will weaken banks’ protection from the … READ FULL STORY
Due to the options of staggered payments and lower rates, many people opt for an under-construction property without realising its financial risks. Here are some of the benefits of a ready-to-move property as compared … READ FULL STORY
Union Housing and Urban Poverty Alleviation (HUPA) minister, M Venkaiah Naidu, on June 13, 2017, said that the scope of the centre’s flagship Pradhan Mantri Awas Yojana (PMAY) programme, will be extended to private … READ FULL STORY
Reduction in loan-to-value ratio While lending money against any tangible security, the lender can advance a loan up to a certain percentage of the asset’s value. This is called the loan-to-value (LTV) ratio. This … READ FULL STORY
Maharashtra chief minister Devendra Fadnavis, on June 12, 2017, reiterated that there will be no extension for registration of ongoing projects, beyond July 31, 2017, under the Real Estate Regulatory Authority. “As far as … READ FULL STORY
