Will the home buying transaction completely move online?
Before the internet, the only way to be able to find homes for sale, was to drive around and look for ‘home for sale’ signs or enlist the services of a broker. With such … READ FULL STORY
Before the internet, the only way to be able to find homes for sale, was to drive around and look for ‘home for sale’ signs or enlist the services of a broker. With such … READ FULL STORY
The Union Budget 2017-18 has proposed some provisions, which will boost the affordable housing sector but at the same time, will discourage tax payers from treating real estate as an investment class. One such … READ FULL STORY
The demonetisation drive, announced by prime minister Narendra Modi on November 8, 2016, was a major disruption for the real estate market and pulled stakeholders’ sentiments for Q4 2016 to a new low – … READ FULL STORY
Diversified firm Piramal Enterprises (PEL), on February 23, 2017, said that it has entered into a partnership with Ivanhoé Cambridge, to provide long-term equity capital to residential projects across five metros in the country. … READ FULL STORY
For nearly a decade Sanjeev Chaudhary, regretted his decision of buying a house at Crossings Republik on National Highway (NH) 24. Connectivity with NH 24, was the only reason he invested in a large … READ FULL STORY
The Supreme Court has upheld the order of the National Consumer Disputes Redressal Commission (NCDRC) that flat buyers can jointly approach it, in case of a dispute with a builder. A bench headed by … READ FULL STORY
On November 8, 2016, the Government of India de-notified currency notes of Rs 500 and Rs 1,000 as legal tender. The temporary shortage of cash adversely impacted several sectors that depended on cash, notably … READ FULL STORY
Micro-markets that have mixed land use development, availability of high-end, as well as affordable housing projects, superb connectivity and all the necessary amenities in projects, are increasingly being sought-after in the country. Post the … READ FULL STORY
As cities mature, their skylines start growing vertically and horizontal expansion reduces. The preference of homebuyers to live in high-rises and luxury towers also increases as urban sprawls expand. This transition in Pune, started … READ FULL STORY
Under the present tax laws, a person is taxed on profit from the sale of any immovable asset held as a capital asset, under the head ‘capital gains’. For computing capital gains, the immovable … READ FULL STORY
Who is the trend-setter in the real estate market? Is it end-users or investors? This question is especially relevant now as we are in the midst of another slowdown. To stimulate activity, property developers … READ FULL STORY
The Pune Municipal Corporation recently sanctioned the new development control regulations (DCR), which allows for higher floor space index (FSI) in certain categories, in non-congested areas. Small developments are likely to benefit more from … READ FULL STORY
Ashsih Gupte and his colleagues thought that they had taken the best decision of their lives four years ago, when they invested in a project in Ulwe. The developer told them that their investment … READ FULL STORY