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Tag: RICS

Home » RICS » Page 2

Property Trends
By Housing News DeskMay 17, 2018

RICS working on draft standard, to help property firms to address risks of financial crimes

The Royal Institution of Chartered Surveyors is working on a new draft standard, called the ‘Countering bribery and corruption, money laundering and terrorist financing’ Professional Statement. This standard aims to set out the obligations … READ FULL STORY

Property Trends
By Housing News DeskApril 19, 2018

RICS announces competition, to tackle problems arising from rapid urbanisation

The Royal Institution of Chartered Surveyors (RICS) has launched the ‘Cities for our Future competition’, in partnership with the United Kingdom National Commission for UNESCO and the Association of Commonwealth Universities. The challenge calls … READ FULL STORY

Property Trends
By Amit SethiFebruary 4, 2018

Budget 2018: Is there a hidden silver lining for the real estate sector?

There were no major direct announcements related to realty sector, in the Union Budget 2018-19. However, there is an expectation in the market that the efforts made by the government, could boost the real … READ FULL STORY

Current News
By PTIDecember 6, 2017

RBI keeps key interest rates unchanged

The Reserve Bank of India (RBI), on December 6, 2017, kept the key interest rates unchanged, on expected lines, but raised the inflation forecast for the remainder of the current financial year to 4.3-4.7 … READ FULL STORY

Interviews
By Ravi SinhaOctober 24, 2017

‘Only adoption of global best practices can help developers regain buyers’ trust’

In an exclusive interaction with Housing News, Sachin Sandhir, global managing director – emerging business of RICS, points out that India considerably lags behind mature real estate markets, such as the US and UK … READ FULL STORY

Property Trends
By Amit SethiAugust 30, 2017

7th Pay Commission: Will higher pay translate into greater demand for real estate?

The 7th Pay Commission has been notified and the salaries of central government employees and pensioners, are set for a major revision. This is likely to boost demand and liquidity in the real estate … READ FULL STORY

Property Trends
By Amit SethiJuly 15, 2017

How will the NPA law impact the realty sector?

Sluggish growth has had an adverse impact on several real estate players, resulting in many of their loans turning into non-performing assets (NPAs) for the banks and financial institutions. Recently, the government of India … READ FULL STORY

Current News
By PTIJuly 10, 2017

How will GST impact the cost of homes

Under the Goods and Services Tax (GST), the effective tax on under-construction projects has gone up to 12 per cent, which is an increase of 6.5 per cent. The actual GST rate is 18 … READ FULL STORY

Property Trends
By Amit SethiJuly 13, 2017

How to file a complaint, if RERA has not yet been adopted in your state

The Real Estate (Regulation and Development) Act (RERA) is now a reality. The central government had already set the rules and now, the state governments are required to follow suit. States are required to … READ FULL STORY

Property Trends
By Housing News DeskJuly 13, 2017

RERA comes into force but concerns remain

The Real Estate (Regulation and Development) Act, 2016, popularly known as RERA, came into effect from May 1, 2017, as was originally stipulated a year ago. It is not as if the states have … READ FULL STORY

Property Trends
By Ravi SinhaMarch 17, 2017

Indian real estate: Manpower shortage causing project delays

Delay in construction and delivery of projects, is the biggest challenge that the real estate industry faces. This is a direct by-product, of the shortage of skilled manpower to execute the projects and streamline … READ FULL STORY

Property Trends
By Housing News DeskFebruary 25, 2017

Demonetisation and RERA: How will it impact property prices?

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

Property Trends
By Ravi SinhaFebruary 21, 2017

Corporate developers bet on Noida’s future growth

Despite concerns over the fact that the housing market in Noida has a stock of over one lakh units, seasoned players seem to be betting big on its future growth. One important reason, is … READ FULL STORY

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