Real Estate Industry
During a recent address at the inaugural session of the Conference on Real Estate organized by CII and CREDAI NCR, Karan Bir Singh Sidhu – Joint Secretary of the Union Ministry of Housing and Urban Poverty Alleviation – said that realty growth in the National Capital Region (NCR) will largely be revived as a result [...] Continue Reading »
Tata Housing today signed a revised agreement with the Maldives government to complete a housing project in Male being developed at an investment of about Rs 1,000 crore. The pact paves the way for resumption of construction work on the project that has been on hold for two years due to some issues over terms [...] Continue Reading »
New Delhi, 22nd September 2014: Lotus Greens Developers Pvt. Ltd., promoting sustainable development in real estate, today at a momentous occasion announced the launch of four premium projects in NCR : Lotus Arena, Lotus Isle, Lotus Parkscape and Woodview Residences. The launches come as a step to make waves in Delhi & NCR real estate. With the launch of 4 projects [...] Continue Reading »
The first hundred days of any government in power might be too short a time frame to judge success or failure, but it is long enough to assess the direction of policies the government is rooting for. From this point of view, the real estate industry has reasons to be optimistic. The annual budget itself [...] Continue Reading »
Realty developers in Maharashtra could soon face disqualification and cancellation of registrations of their projects. This has created some ripple in the real estate industry and the realtors are trying to take measures to safeguard their companies from this disqualification and cancellation. If a court declares the document (contractual agreement, power of attorney, etc.) giving them the [...] Continue Reading »
The next seven years will be very crucial for the rapidly growing e-commerce firms in India. The real estate industry in India is expected to benefit hugely by this trend as the e-commerce firms need to store huge inventories and need big warehouses for those purposes. Anshuman Magazine the chairman and managing director, of CBRE South [...] Continue Reading »
The SatyaVani Homes have announced to plans to set up a satellite township project at Pocharam in the IT hub of Hyderabad with an outlay of Rs 250 crore. The Hyderabad based real estate company plans to develop around 1,800 apartments including 400 service apartments on a 15 acre site in a phased manner over [...] Continue Reading »
With the Prime Sristi multi-storey residential project at Moulivakkam – on the western outskirts of Chennai – having collapsed last month, more than 55 flat buyers have come together to form the ‘Moulivakkam Trust Heights Affected Flat Buyers Association,’ in an attempt to get their money back. The Prime Sristi project was to comprise two [...] Continue Reading »
If you are thinking about buying a couple of apartments after selling your dilapidated ancestral home, then be prepared to shell out a hefty sum in capital gains tax. The new Budget has capped tax breaks available to such property buyers. This has been done through a seemingly innocuous tweak in the language of Sections [...] Continue Reading »
Singer Sonu Nigam comes up with some of the most interesting steps and strategies that have been adopted by the real estate industry. This had been done exclusively for the purpose of creating better techniques of construction. The out performers here are those who have their dependency on the techniques of innovation in every sector. [...] Continue Reading »
