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Centre writes to States over 5 lakh poor not getting houses
A government official told ET on condition of anonymity that about 4,00,000 intended beneficiaries may not get a house under the scheme by the deadline of March 31, although the Centre is making all efforts to push states.
Shapoorji Pallonji enters Delhi-NCR realty market with Rs 1200 crore housing project
The project 'Joyville Gurugram', spread over 18 acre land on Dwarka Expressway, will be developed by a USD 200 million platform established by Shapoorji Pallonji, ADB, IFC and Actis.
Why reduced GST will prove costly for homebuyers
If GST is slashed to 5%, denial of ITC will result in increase in the selling price of houses
Mumbai residential property prices decline 6.8% in 2018: Report
The year saw sales volume recording marginal growth of 3% at 63,893 units, while total launches rose 74,363 units denoting 220% rise.
Homebuyers’ body opposes developers’ plea to amend structural defect liability
The Forum for People’s Collective Efforts (FPCE), a pan-India homebuyers’ association, has objected to realty developers’ proposal to amend the structural defect liability and workmanship clause under the Real Estate Act, 2016.
Housing launches see significant jump in Bengaluru, Mumbai and Delhi NCR in 2018: Report
Launches more than double in Delhi-NCR; Bengaluru and Mumbai record 81% and 22% annual growth, respectively
Builder to refund Rs 1.04 crore in 30 days for delayed possession
The home buyers had paid 74% of the cost for one flat, and 94% for the other.
Guidance value jump may hit Bengaluru’s property market
State may have got calculation wrong by jacking up ‘market rates’: officials.
At 18%, Mumbai rent inflation highest among five cities: Report
The average rent in MMR jumped to Rs 21,168 last year from Rs 17,912 in 2017 followed by Chennai and Bengaluru with 15% and 14% increase, respectively.
Realty hot spot series: This is an upcoming micro market near Mumbai
Mira Road in Mumbai is a developing micro-market with a mix of completed as well as under construction residential projects, available under various budget brackets.
Consumers’ body wants govt to bring projects for revamp under MahaRERA
Mumbai Grahak Panchayat on Dec 31, 2018 wrote to CM Devendra Fadnavis to bring more than 6,000 redevelopment projects in the three cities under MahaRERA as assured by him.
GST rate cut to hike cost of low, mid-priced houses
Following the latest GST council meet, finance minister Arun Jaitely had announced that the proposal to reduce the rate may be taken up in the forthcoming meeting this month.