Altico Capital, a non-banking finance company, promoted by Clearwater Capital, Abu Dhabi Investment Council and Varde Partners, recently deployed Rs 1,250 crores across five deals in Hyderabad and Pune. This includes Rs 500 crores … READ FULL STORY
The work of the Real Estate (Regulation and Development) Act, 2016, which mandates the establishment of the Real Estate Regulatory Authority (RERA), will be looked after by the Urban Affairs Ministry, an order issued … READ FULL STORY
Individual wealth in real estate grew by 8.62 per cent to reach Rs 60.25 lakh crores in FY17 and is likely to double, to reach Rs 121 lakh crores in the next five years, … READ FULL STORY
The Indian economy, as measured by growth in Gross Domestic Product (GDP), accelerated by 6.3 per cent (Q3 2017), making an improvement from 5.7 per cent (Q2 2017). The growth is likely to exceed … READ FULL STORY
When Rakshit Punetha bought a house in a newly-launched project, his broker promised that all the woodwork in his apartment would be done, as part of an ‘early bird’ offer. He was also promised … READ FULL STORY
Maharashtra chief minister Devendra Fadnavis, on December 6, 2017, launched a mobile application and a web portal, aimed at enabling the civic body to offer its services using the latest technology. “Through the mobile … READ FULL STORY
The Bombay High Court, on December 6, 2017, upheld the validity of the Real Estate (Regulation and Development) Act (RERA). A bench of justices Naresh Patil and Rajesh Ketkar, pronounced its judgement on a … READ FULL STORY
Rapidly increasing urbanisation in India, is placing increasing pressure on the country’s housing stock. There is presently a shortage of 20 million homes across urban India and with 10 million more people choosing to … READ FULL STORY
CREDAI-MCHI will be holding its ‘28th Real Estate & Housing Finance Exhibition’, from November 16-19, 2017. The exhibition, which will be held at the MMRDA Grounds, at BKC, in Mumbai, is set to be … READ FULL STORY
Addressing an event, after inaugurating projects to the tune of Rs 100 crores in Pataudi, Haryana chief minister Manohar Lal Khattar said that the government was planning an authority for the development of industries … READ FULL STORY
India’s real estate sector will quickly adapt to the recent regulatory changes, like demonetisation, RERA and the GST, according to Bijay Agarwal, managing director, Salarpuria Sattva Group. In an exclusive interview with Housing News, … READ FULL STORY
A report by global property consultancy Cushman & Wakefield and real estate data analytics and workflow solutions firm Propstack, has pegged the total of number of under-construction residential units registered under MahaRERA, at 6,70,339 … READ FULL STORY
It has now been a year, since the Indian government announced the demonetisation exercise on November 8, 2016. The debate now centres on whether demonetisation has helped or hurt the real estate sector. The … READ FULL STORY
