Observing that it was concerned about the home buyers who had put their entire life savings, the Supreme Court, on January 31, 2018, asked real estate firm Amrapali to submit a plan on completion … READ FULL STORY
Real estate development can be stable in the long term, only if it is complemented with consistent growth of skills and infrastructure development. Skill development ensures that real estate can adapt to changing times … READ FULL STORY
Aggrieved home buyers in Maharashtra, may be able to look forward to an early and amicable resolution of their disputes with their developers, with Maharashtra becoming the first state in India to initiate the … READ FULL STORY
With more than 6,50,000 Indians working and staying in Qatar, the non-resident Indians (NRIs) there are in a tight spot, after its neighbouring countries, including Saudi Arabia, Bahrain, Egypt and the United Arab Emirates, … READ FULL STORY
Speaking at the 27th All India Builders’ Convention of Builders’ Association of India, vice-president M Venkaiah Naidu, on January 19, 2018, sought to assure developers that ‘The Real Estate Regulation Act is for promotion … READ FULL STORY
The Goa government, on January 17, 2018, launched a website providing online registration facility for builders under the Real Estate (Regulation and Development) Act (RERA). The government set a deadline of February 24, 2018, … READ FULL STORY
According to a report by property consultant Cushman & Wakefield, private equity (PE) investments in the realty sector grew by 17 per cent in 2017 to Rs 42,800 crores, as against Rs 36,590 crores … READ FULL STORY
Gurugram was the only city to witness improvement, both, in new launches and sales, by 55 per cent and 27 per cent, respectively, in 2017, according to the ‘Realty Decoded Report’ for Calendar Year … READ FULL STORY
Residential market prices have dropped substantially in the Kolkata market in the second half of 2017, while annual launches have fallen by 47 per cent during the period, according to a study by real … READ FULL STORY
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
According to a survey by Cushman & Wakefield, the net absorption of office space in 2017 dropped by seven per cent to 30.57 million sq ft, as compared to 32.85 million sq ft in … READ FULL STORY
