New Delhi
New Delhi- Real estate of India hopes to get infrastructure status for affordable housing sector in the upcoming Union Budget 2013-2014. From the past three years the real estate sector has been longing for industry status. The recent tax benefit on home loans provided by the Finance ministry has boosted the industry’s hope. The Budgets [...] Continue Reading »
National Highways Authority of India (NHAI) is seeking to push a relief package for road developers as many are under stress and are finding it tough to raise debt and equity to finance projects they had bagged by offering to pay a premium. Now the agency is looking to get approval for a staggered payment which will [...] Continue Reading »
New-Delhi- With just few more days left for the Budget-2013, the Federation of Indian Chambers of Commerce and Industry (FICCI) has insisted the authorities for an industry status for the real estate sector. The FICCI demands an industry status for the realty sector for the easier availability of funds to be used to avail long term and short [...] Continue Reading »
New Delhi- The Delhi Development Authority has planned to auction 38 residential plots located in different areas across the city. The auction will be held for three days, on March 13th, 14th and 15th, at the DDA auction hall, D-block in Vikas Sadan. The auctioned plots will be available on a freehold basis in areas [...] Continue Reading »
New Delhi- Real estate in India, in the present year 2013, seems to have a good start with many new launches, interest rate cuts, and quicker project approvals in progress. Finance minister P Chidambaram identified that many incomplete stalled projects could be resumed construction if supported by financial institutions. Reserve Bank of India (RBI) is [...] Continue Reading »
Gurgaon- The luxury market of Gurgaon real estate is emerging as a hot destination for investors. As Gurgaon developers have observed, above 70 percent of property buyers in Gurgaon are buying properties for investment purpose and only the rest are end-users. The real estate in Gurgaon started picking speed after DLF came up with luxury [...] Continue Reading »
New Delhi- Delhi Development Authority is hopeful of completing the Master Plan 2021 review by June-July 2013. In 2012, the Union urban development minister Kamal Nath had said that the mid-term review would be completed by the end of 2012. But as per sources, it was a tedious process as each amendment in the master [...] Continue Reading »
New Delhi- Senior citizen friendly apartments are becoming popular in India. Many top realtors have already dedicated projects catering to the needs of the elderly people. India will have 198 million senior citizens (aged 60 and above) by 2020, according to an estimate of United Nations. This big number of senior population has been attracting [...] Continue Reading »
New Delhi- After a prolonged wait of five-six years, nearly 5 lakh home buyers in India are expected to get possession of their new homes. According to an estimate of Property research firms Liases Foras and PropEquity as well as property consultancy CB Richard Ellis (CBRE), around 4.5-5 lakh homes will be ready to occupy [...] Continue Reading »
UP ‘s Chief Minister Akhilesh Yadav introduces a huge plan for his state’s development. The city is planning to invest Rs. 23,000 crore to improve state highways and to build a new expressway which will link Lucknow and Agra. On a three-day summit at Taj City, CM says that to help in the progress of [...] Continue Reading »
