Maharashtra slashes stamp duty on properties by 1%

03-Jul-2020    |    Source:   

MVA government of Maharashtra announced tax concession proposals. It included 1 per cent stamp duty concession for the next 2 years and other corresponding charges which are applicable on the document

MahaRERA gives 3-month extension for project completion

04-Jun-2020    |    Source:    Economic Times

    Maharashtra Real Estate Regulatory Authority (MahaRERA) on Thursday extended the period of validity for registration of all registered projects where completion date, revised completion

Maharashtra invites private builders to partner MHADA for affordable housing

24-Feb-2020    |    Source:

  The Maharashtra government plans to invite private real estate developers to join hands with the Maharashtra Housing and Area Development Authority (MHADA) to build affordable houses.  

Over 32 lakh homes completed on PMAY-Urban

15-Feb-2020    |    Source:

The Housing and Urban Affairs Ministry said on Monday that 32.07 lakh houses have been constructed and delivered so far under the Pradhan Mantri Awas Yojana-Urban (PMAY-U), out of the total sanctioned

Home Loan Insurance - A cover worth investing!

01-Feb-2020    |    Source:

Homebuyers need to find good insurance coverage when buying a house. The right home loan insurance plan protects the family from loan liabilities in case of death of the borrower    So your

Top 10 Factors To Consider While Choosing The Right Floor

13-Jan-2020    |    Source:

With the ever-growing population in all major cities, developers have no other option but to utilize the vertical spaces for real estate development. When you are house-hunting choosing the right floo

Guide to all kinds of fees you need to pay during your Home Purchase

21-Dec-2019    |    Source:    Times Property

If you are a loan applicant or an existing borrower, chances are you have paid up a series of fees to your lending institution; sometimes without being aware of these during the application pro

8th consecutive cut in MCLR lending rate, SBI to offer cheaper home loans

14-Dec-2019    |    Source:

The country's largest lender State Bank of India on December 9 reduced its marginal cost of fund-based lending rate (MCLR) by 10 basis points (100 bps=1 percentage point) across all one-year products,

Mumbai's New BKC-Chunabhatti Flyover to reduce travel time

16-Nov-2019    |    Source:   

The 1.6-km long, 17-metre wide and 4-lane, BKC- Chunabhatti flyover provide a faster route to the Eastern Express Highway with an intention of reducing commute time for people.  Reduced commute t

Govt plans to set up a dedicated unit for monitoring PMAY

07-Nov-2019    |    Source:   

The central government is planning to set up a dedicated unit to effectively monitor the implementation of Pradhan Mantri Awas Yojana (Urban) under the flagship ‘Housing for all’ by 2022 s

7 megaprojects that will change the face of Navi Mumbai

04-Nov-2019    |    Source:

Navi Mumbai, a city that has been meticulously planned and developed since the 1970s, is set out to experience a massive infrastructural boost. With its close proximity to Pune and all nodal points in

SBI's floating rate loans to be linked to RBI's repo rate!

01-Oct-2019    |    Source:

State Bank of India (SBI) announced on Monday it will use the repo rate as an external benchmark for its floating rate loans for MSME, housing loans and retail loans. As issued by the press release of

Maharashtra's Finance Minister proposes GST reduction on redevelopment projects

19-Sep-2019    |    Source:

  The Financial Capital’s Real Estate Sector Receives support from Maharashtra’s Finance Minister as he proposes reduction in the GST levied on the redevelopment of old, dilapidated b

Property Tax Bills In Name of Flat Owners now, not society!

05-Sep-2019    |    Source:

Flat owners in the city would have to pay property tax from the next year onwards directly to the Brihanmumbai Municipal Corporation (BMC). Under the current system the property tax is levied collecti

Major relief to stressed realty sector on the anvil

31-Aug-2019    |    Source:

The government is also likely to make changes to the definition of affordable housing as sought by developers. Creation of a stress fund and the inclusion of financial institutions under RERA are like

Subvention Scheme ENDS!

17-Aug-2019    |    Source:    Times Property

As per National housing Bank the practise of Subvention schemes by developers which was quite popular amongst home buyers for these many years is going to be a thing of the past.  Budget 2019 is

18% GST on flat owners paying monthly maintenance of over Rs 7,500

02-Aug-2019    |    Source:    Economic Times

Flat owners will have to pay GST at 18 per cent if their monthly contribution to resident welfare association (RWA) exceeds Rs 7,500, the Finance Ministry said on Monday. As per the rules, RWAs are re

Is your tenant refusing to vacate your home after the completion of license period?

11-Jul-2019    |    Source:    Times Property

Is your tenant refusing to vacate the home after the completion of the license period? Being a landlord to a notorious tenant can come with a long list of challenges.  WHAT CAN A HOME-OWNER DO IF

Budget 2019 - Government to continue with its thrust for affordable housing

06-Jul-2019    |    Source:

Much on expected lines, the government in Budget 2019 has announced to continue with its thrust for Affordable Housing. FM Nirmala Sitharaman also said that several reforms would be undertaken to prom

Mass Appeal for Affordable Housing

29-Jun-2019    |    Source:

  The city of dreams Mumbai attracts many people across the country in search of better job opportunities. The service sector lures the people to migrate to Mumbai. No wonder Mumbai has become ov

Mumbai's biggest building deal for BKC tower finally sealed

15-Jun-2019    |    Source:

In the year’s largest commercial real estate deal so far, US-based private equity firm Blackstone Group Lp has acquired a marquee office building in Mumbai’s Bandra Kurla Complex (BKC) for

How Home layouts are changing the face of Mumbai's Real estate?

13-Jun-2019    |    Source:    Hindustan Times

Mumbai homes have witnessed reduction in area. The reduction is evident because of a sharp rise in property prices, a space crunch,  young mobile buyers and builders attempting to cater to the af

Final nod to ‘Panvel - Virar corridor’ opens up new areas for residential development

06-Jun-2019    |    Source:    Times Property

Final nod to ‘Panvel- Virar corridor’ opens up new areas for residential development FROM VIRAR TO PANVEL The final nod to the Mumbai Urban Transport Project (MUTP) 3A from the railway boa

Home buyers can now seek full refund if flats get delayed beyond 1 year

20-May-2019    |    Source:    businesstoday

Homebuyers can now seek a full refund from builders with 10% interest if the possession of their flats is delayed beyond one year, the National Consumer Disputes Redressal Commission (NCDRC) has ruled

GST rate on your under-construction flat will depend on builder's call

13-May-2019    |    Source:    Times Now

In February this year the Goods and Services Tax Council reduced the GST on under-construction flats to 5% from 12% and for affordable houses it was cut to 1% from 8% earlier. But if you are already p

Builders can't charge higher GST on Car parking & Preferential Location

05-May-2019    |    Source:    Economic Times

  There may be further GST (goods and services tax) relief for home buyers with the Authority for Advance Ruling (AAR) in West Bengal concluding that services such as preferential location and fa

Akshaya Tritiya set to usher in positive changes

03-May-2019    |    Source:    Mumbai Mirror

  Real estate developers and customers feel that Akshaya Tritiya is set to usher in positive changes Akshaya Tritiya, considered to be auspicious, is an ideal time to invest in the real estate s

City to witness drop in the prices of luxury homes

22-Apr-2019    |    Source:    Times Property

    Knight Frank in its recent report – Global Outlook 2019 revealed that luxury homes in Mumbai could cost less by the end of the calendar year 2019 (CY19). The city is likely to witn

Things to look for in an under-construction project

18-Apr-2019    |    Source:    Times Of India

Though it is safer today to buy a house in an under-construction project owing to RERA, it is still essential to keep a few things in mind before making such a purchase. Read on to know them… A

Decoding Real Estate Advertising Terms For You

13-Apr-2019    |    Source:    Times Property

Are you looking at an ad stating 'no GST' on that new home, but don't understand the logistics? We decode advertising jargon for you... Get assured returns till two years: If you have bought the house

Residential Sales Jump in January - March 2019

06-Apr-2019    |    Source:    Economic Times

  Defying previous election year trends when sales and new launches remained muted during this period, the first quarter of 2019 has witnessed both housing sales and new supply rise driven by sev

Make your home buying dream a reality this Gudi Padwa

06-Apr-2019    |    Source:    Times Property

Sheetal and Anita both in their late 20’s felt their world come crashing down when, after saving up for almost three years, the bank turned down their application for a home loan. Anita says, &

Make Gudi Padwa an opportune time for your dream home search

04-Apr-2019    |    Source:    Economic Times

With a multitude of tax sops and incentives being announced to improve market sentiments in an election year, make Gudi Padwa an opportune time for your dream home search REFORM AND REGULATE: Beginnin

Realty sector likely to see 200 million sq ft addition in 2019

29-Mar-2019    |    Source:    Economic Times

  Indian real estate is expected to witness addition of nearly 200 million sq ft of space in 2019 across categories including office, retail, residential and logistics to reach 3.7 trillion sq ft

30 Buildings in Girgaum make way for Colaba-SEEPZ metro-3 corridor

25-Mar-2019    |    Source:    Economic Times

Girgaum’s two-storey Kranti Nagar chawls, once home to 108 families, stand vacant, waiting to be bulldozed for the underground Colaba-Seepz Metro 3 corridor. Girgaum’s  two-storey Kra

Pros and Cons that every young buyer needs to understand before making a real estate investment

16-Mar-2019    |    Source:    Mid day

Seeing one’s name plate on the door is an individual’s ultimate dream. However there are several factors that determine the time to go for the big buy. One of the major deciding factor is

NBFC crisis slows down India's GDP growth

06-Mar-2019    |    Source:    Economic Times

India's GDP growth slowed to 6.6 per cent in the October-December quarter of 2018-19, the lowest rate in five quarters, primarily due to the stress among the non-banking finance companies (NBFCs). A d

No Tax on flats smaller than 500 Sq.ft

03-Mar-2019    |    Source:    Times Of India

With poll dates set to be announced anytime soon, the Maharashtra cabinet, within three days of its Tuesday meeting, gathered again on Friday to clear populist proposals like a property tax waiver for

Post GST cut-rate, Home buyers may end up paying more!

02-Mar-2019    |    Source:    Economic Times

The cut in GST on affordable homes from 8% to 1% may not be the bonanza that it appears to be. For most buyers it may result in only a marginal reduction in the cost and, in some cases, may even make

Retired and seeking a source of income?

16-Feb-2019    |    Source:    Times Property

Retired and seeking a source of income? Why turn elsewhere when the place you live in can help you achieve just that in more ways than one? Read on... A home can mean multiple things – safety, a

Maharashtra approves over 8 lakh low-cost housing units

13-Feb-2019    |    Source:    Economic Times

The state government has approved 460 affordable residential projects comprising 8.29 lakh units to provide a much-needed boost to the low-cost housing segment in Maharashtra. The projects will be un

What happens if you misplace or lose your property documents?

09-Feb-2019    |    Source:    Accommodation Times

One is expected to exercise due care in the preservation of his/her property documents, as these are the only proof of the ownership of the property. As and when a property transaction takes place by

RBI reduces repo rate, LOANS to get cheaper!

07-Feb-2019    |    Source:    India Today

HIGHLIGHTS   1.) RBI has reduced repo rate from 6.50 to 6.25 2.) Repo rate is the rate at which RBI lends to banks 3.) When the repo rate decreases, loans tend to become cheaper The Reserve Bank

Eco-friendly homes now within reach of home-buyers

05-Feb-2019    |    Source:    Times Property

Today, there is an urgency to address issues such as pollution and global warming. And with developers of the residential market pledging to build environment-friendly spaces, green homes are within t

2019 Is The Year Of The Home-Buyer

02-Feb-2019    |    Source:    Times Property

A shift in balance in favour of the home-buyer has resulted in positive momentum for the residential sector, thereby resulting in sales growth for the first time since 2011 across major Indian cities.

Increased demand for Ready To Move In or near completion flats helped housing sales to rise

16-Jan-2019    |    Source:    Economic Times

Increased demand for flats that are ready to move in or nearing completion helped housing sales to rise by 7 per cent during 2018 to nearly 2.15 lakh units across nine major cities, according to data

Some important tax & regulatory issues which impacted the real estate sector in 2018

31-Dec-2018    |    Source:

The once-booming real estate sector, which contributed to India’s economic growth in the last couple of decades, has been experiencing a fiscal slowdown in recent years. Though such a slowdown i

Exploring the unnoticed amount you pay as 'Maintenance Charges'

17-Dec-2018    |    Source:    Times Property

What often goes unnoticed when buying your dream home with a plethora of amenities is the amount you will pay as ‘maintenance charges’. Here’s exploring the economics of this expense

Houses costing Rs 20-50 lakhs have seen an exponential growth in the seond half of the FY 2018-2019

12-Dec-2018    |    Source:    Accommodation times

The share of mid-market houses costing Rs 20-50 lakhs in the overall residential sales in the country has been progressively rising, touching an all-time high of 42 per cent of total transactions in t

Transactions for sale, purchase, lease of real estate will be costlier by 1 per cent

01-Dec-2018    |    Source:    Mumbai Mirror

The state assembly on Tuesday passed a bill authorising the state government to impose an additional 1 per cent stamp duty on sale, purchase and lease transactions of property in Mumbai. According to

Panvel - An Investment Magnet For Buyers

24-Nov-2018    |    Source:    Times Property

Panvel has witnessed impressive physical and social infrastructural development over the last two decades, thus making it an investment magnet for buyers. Situated at the junction of NH-4, NH-17 and N

Railways to catapult real estate in Mumbai suburbs

19-Nov-2018    |    Source:    Times Property

  A NEW ULWE IN THE MAKING   With the Panvel-Vasai-Virar railway line on the horizon, a completely new suburb is expected to emerge, thus giving rise to real estate aspirations   Not ma

Metros to strengthen connectivity in the suburbs

30-Oct-2018    |    Source:    Times property

The construction of five metro routes will strengthen connectivity in the suburbs, thus also fostering their real estate potential. Here’s how...   The Mumbai Metro is set to propel the big

Suburbs- the most sought after place among Home buyers

22-Oct-2018    |    Source:    Mumbai Mirror

    Once considered downmarket, several suburban areas of Mumbai have developed tremendously and shown impressive real estate growth this decade. The realty dynamics of this belt has changed

Navi Mumbai observes an ascending shift in the realty sector

09-Oct-2018    |    Source:    Accommodation times

Nearly 80% of the overall residential projects launched between 2013 to first half of 2018 in Navi Mumbai were in the affordable to mid-income segment with price bracket of less than Rs 40 lakh and Rs

How have suburbs become an affordable housing hub from an Industrial hub?

03-Oct-2018    |    Source:    Accommodation times

The clouds of Mumbai suburbs have witnessed major changes in the past few years in terms of infrastructure and residential spaces. A decade back places like Ambernath, Badlapur were only known for the

Compact Housing - A need for the times

27-Sep-2018    |    Source:    Mid-day

The recent trend in Mumbai realty shows a surge in compact housing projects. According to experts, it’s a segment that will grow further Despite realty rates reaching the skies, Mumbai remains t

Neral-Karjat is fast emerging as a popular residential destination

21-Sep-2018    |    Source:    Mid-day

 With housing prices in Mumbai city hitting an all- time high, it's time to look beyond the city. Neral- Karjat is a good option. We all know that Mumbai life is getting congested and expensive e

Kalyan-Dombivli belt favorite among developers and buyers

09-Sep-2018    |    Source:    Times Property

The twin city of Kalyan-Dombivli has shown rapid development in the recent past, thus emerging as a favourite among developers and buyers alike. And the 'Smart City' tag is only expected to further fu

State Government waves green flag to 3 crucial infrastructure projects

04-Sep-2018    |    Source:    Times Of India

The state government’s cabinet sub-committee on Wednesday gave the final nod to three crucial infrastructure projects: Bandra-Versova sea link, a bypass on the Mumbai-Pune Expressway and a third

Why choose EMIs over monthly rentals?

21-Aug-2018    |    Source:    Times Property

The constant debate between benefits of buying and renting never ceases. While renting may be a wise decision for short durations, EMIs are the choice for those focused on future benefits. This Indepe

Smart Ganesh Chaturthi decor tips to opt for this season

09-Aug-2018    |    Source:    Times Property

Ganesha checks in, If you still haven’t figured out the décor for Ganesh Chaturthi, go for a minimal yet eco-friendly option this season! Chaar din, chaar din hai aapke pass, to plan and

RERA - A catalyst for delivering timely possession of apartments

07-Aug-2018    |    Source:    Accomodation Times

Getting ready, on time possession of an apartment is the dream for any home buyer. However, that depends entirely on the kind of project and more importantly the developer one has chosen to go with wh

How A Property Could Impact Your Tax Liability?

30-Jul-2018    |    Source:    Times Property

  The last date for filing your income tax return (ITR) is close; hence, you must be aware of what could impact your tax liability this assessment year. Especially if you live in a rented home or

Developers focus on developing projects which offer compact houses to potential buyers

24-Jul-2018    |    Source:    Times Property

  With sales velocity pacing upwards in the last few quarters for compact housing projects, the demand-supply chain seems to be finally working in tandem with each other.     Small is t

Why has Thane become Mumbai's epicentre of real estate development today?

18-Jul-2018    |    Source:    Times Property

     Creating self-sustaining cities is the key to reducing the burden that commutes to and fro work that are otherwise an inescapable fact of life for Mumbaikars. The large number of m

41% Increase In New Housing Launches With 3% Increase In Sales

14-Jul-2018    |    Source:    The Economic Times

The policy reforms and schemes announced by the central government over the last few quarters for the affordable segment seems to have increased new supply and demand for affordable housing. Top 7 cit

Here’s a lifeline for India's often neglected home buyers

28-Jun-2018    |    Source:    The Economic Times

The recognition of home buyers as financial creditors under the bankruptcy law may well turn out to be the most important legal development ever in India’s real estate industry. It is likely tha

Capital inflows into realty sector 10 times higher than outflows in 2017

26-Jun-2018    |    Source:    The Economic Times

Indian real estate has been attracted higher capital inflows owing to series of reforms and measures initiated by the government. Capital flows into Indian property market has been 10 times higher tha


18-Jun-2018    |    Source:    Times Property

A brand new suburban railway network is being constructed between Panvel and Karjat. How will it impact real estate of areas that would fall on the new rail route?   The Panvel-Karjat railway net

Residential units worth over Rs 10,000 crore await buyers around Mumbai's Western Express Highway

12-Jun-2018    |    Source:    The Economic Times

 MUMBAI: City's Western Express Highway, touted as the next real estate growth centre mainly due to the improved connectivity to the other centres of the megapolis, is currently sitting on an inv

Smartly timing your property purchases!

06-Jun-2018    |    Source:    The Economic Times

There ’s a saying that one must never time the market. The same applies to the real estate sector as well. Here’s how to determine when to buy a home When one thinks of making an investmen

Over 1,65,000 benefit under CLSS vertical of PMAY-Urban in three years

01-Jun-2018    |    Source:    ET Realty

During these three years over 45 lakh dwelling units have been approved for construction. About 27 lakh houses are in various stages of completion with over 8 lakh houses having been already completed

Increase in demand for affordable properties with OC and No GST

07-Feb-2018    |    Source:   

Demand for ready to occupy properties has seen an incredible increase on account of lower tax rate and input tax credit. Affordable housing has encountered augmentation over the past year.   &nbs

RERA-Builders will have to give 5-year warranty against structural flaws

24-Jul-2017    |    Source:    Accommodation Times

  While RERA or Real Estate (Regulation and Amendment) Act, 2016, will slowly change the way the real estate industry operates in India, the Act has also thrown open a few aspects that need

No GST on housing society with turnover below Rs 20 lakh

18-Jul-2017    |    Source:    Accommodation Times

  Services provided by housing societies resident welfare association will not become expensive under the Goods and Services Tax (GST) regime, the finance ministry said on Thursday. Resident

Broker Registration Number Mandatory Requirement of RERA.

19-May-2017    |    Source:    Accommodation Times

    Brokers need to list with developers to market their projects       Brokers who deal in ongoing and new projects also have to be registered under RERA. This broker registr

Affordable housing contributed over 50 % to sales, in quarter of financial year 2017.

18-May-2017    |    Source:    Accomodation Times

With the increasing demand for affordable housing, the segment witnessed a significant growth in fiscal 2017 and it contributed over 50 per cent to the total sales during the October-December 2016 qua

Tax benefits for Affordable Housing Scheme

10-May-2017    |    Source:    Accommodation Times

  The Government of India along with the governments of the respective states has taken several initiatives to encourage the development in real estate sector. The Smart City Project, where there

Mumbai Civic Body Recommends Hike In Floor Space Index

07-Jun-2016    |    Source:

    Mumbai: Shiv Sena-BJP ruled Municipal Corporation of Greater Mumbai has came out with a revised draft development plan which recommends hike in the floor space index from the presen

Mumbai Property Prices May Soon Come Down by 20 Percent

25-Mar-2016    |    Source:

 MUMBAI:  If you are planning to buy a new home, here's some good news.    Builders may start offering 20 per cent discount on property prices to home buyers. The reason they can a

You will love this fall. Real-estate prices in Mumbai are down!

19-Oct-2015    |    Source:

      There's a saying in the stock market: Never catch a falling knife. In the real-estate market though, that's what everyone would love to catch. And it's happening.   The avera

Mumbai sees 18% dip in new housing project launches in first half 2015- CBRE

01-Sep-2015    |    Source:

  MUMBAI: Residential property market in Mumbai witnessed around 18% decline in new project launches during the first half of 2015, according to a report by property consultancy CBRE. Subdued dem

Property prices in Mumbai could rise 6% in 2015- JLL

06-Jun-2015    |    Source:

Property prices in Mumbai are expected to see an appreciation of 6% in 2015, according to property advisory firm JLL India.    "Many home buyers as well as investors have been speculati

Maharashtra waives stamp duty on transfer of flat to kin

10-Apr-2015    |    Source:

MUMBAI: Immovable property — land, house or flat — can now be transferred to one's children or blood relatives without paying stamp duty for registration.    This will come as a

Higher FSI may not make Mumbai homes cheaper

27-Feb-2015    |    Source:

MUMBAI: With the proposed rules, the Fadnavis govt and the BMC are endeavouring to create world-class infrastructure for the Maximum City, but there are many pitfalls, especially regarding environment

Mumbai - Cut in repo rate may reduce interest on your home loans

23-Jan-2015    |    Source:

Homebuyers have reason to cheer as the Reserve Bank of India (RBI), in a surprising move, cut repo rates by 25 basis points. This move may cause a reduction in interest rates on home loans and lower E

In Space-Starved Mumbai, Big Plans for a Facelift

20-Jan-2015    |    Source:

Mumbai: The redevelopment of Mumbai's mostly derelict docklands will, if a government-appointed panel has its way, create a waterfront where people living in the world's second-most densely-populated

Can't afford a Mumbai home? Well, Fadnavis govt is taxing it out of reach

13-Jan-2015    |    Source:

 If you thought the BJP-led government would bring relief to home buyers in Maharashtra, here's a dampener: Mumbai's realty prices are going nowhere but up as the newly-installed Devendra Fadnavi

Housing Sales Likely to Jump in 7 Indian Cities in 2015

05-Jan-2015    |    Source:

Housing sales are estimated to rise this year to 1.92 lakh units in India's top seven cities on expectations of a cut in interest rate and stable prices, according to property consultant JLL India. Ho

Residential real estate in 2015 - Some ray of hope

15-Nov-2014    |    Source:

With the government recently relaxing foreign direct investment norms for real estate firms, property developers have a got a fresh lease of life when it comes to funding   Calendar 2014 was noth

Many markets within Mumbai’s market

04-Oct-2014    |    Source:

  If the success of a real estate market is assessed by various pockets of affluence then Mumbai truly stands at the top of the property pyramid of India. The financial capital of India can well

Kalyan Calling

26-Sep-2014    |    Source:

WITH property values in Mumbai Metropolitan Region (MMR) skyrocketing, homes in the city have become a distant dream for many. The suburb of Kalyan has evolved as a major home- buying destination for

Property prices - London ranked the world's most expensive city

24-Sep-2014    |    Source:

London has overtaken Hong Kong as the priciest place in which to live and work   London is now the world’s most expensive city for companies to locate employees, overtaking the previous

Is your broker the best?

12-Sep-2014    |    Source:

A GOOD broker can make a lot of difference to your home-buying experience. Even for investors, a competent broker makes a world of a difference on how they earn from a property over a period of time.

EOW summons builders for not handing over flats in building with celebrity buyers

09-Sep-2014    |    Source:

Cops to quiz Rajan Raheja of Windsor Realty, statements of sons recorded; Priyanka Chopra, Sonu Nigam, Alka Yagnik among buyers not given possession in swanky Oshiwara project. The Economic Offences W

Real Estate - Mumbai's loss is Pune's gain??

25-Aug-2014    |    Source:    TImes Of India

Of late, property buyers, especially investors, are showing keen interest in Pune real estate market. Thanks to the Mumbai-Pune Expressway which has greatly reduced the distance between the two cities

Smaller flats - What is the unbeatable investment option?

13-Aug-2014    |    Source:

In India's larger cities, there is a huge demand for homes of all sizes. However, it makes perfect sense that the demand is highest for smaller-sized homes with sizes ranging from 550-800 square feet.

Real Estate Investment Trusts and Infrastructure Investment Trusts to get SEBI push

08-Aug-2014    |    Source:

NEW DELHI: The Securities and Exchange Board of India  is set to approve guidelines for Real Estate Investment Trust ( REITs ) and Infrastructure Investment Trusts ( InvITs ) at its board m

Home not delivered in 3 years after loan? You will now lose out on tax breaks

05-Aug-2014    |    Source:

Despite an increase in the interest exemption limit on residential loans in the budget, a little-known provision in the Income Tax Act could mar the calculations of lakhs of buyers whose homes won't

property sales dip in most Tier I cities, prices flat

02-Aug-2014    |    Source:

Property sales across tier I cities in the country have dropped. While Delhi and its surrounding region witnessed a 20% drop in sale, Chennai, Hyderabad and Mumbai saw 18%, 13% and 2% drops, according

DLF's net debt up at over Rs 19,000 crore

02-Aug-2014    |    Source:

New Delhi: Realty giant DLF's net debt has increased by Rs 538 crore during the quarter ended June to Rs 19,064 crore due to capital expenditure and operational cost. Net debt of the country's largest

Home buyers back in the real estate market after a long lull

29-Jul-2014    |    Source:

  NEW DELHI | MUNBAI | BANGALORE: Builders in the National Capital Region were pleasantly surprised to see potential homebuyers thronging their site offices over the weekend, reminding them of th

Govt, pvt sector need to work for affordable housing for all

29-Jul-2014    |    Source:

  Mumbai: To meet its target of providing housing to all by 2022, the government alongwith the private sector needs to work to increase the supply of low-income houses, which would translate into

Realty players like Prithvi Edifice, others coming up with key suggestions for smart cities

28-Jul-2014    |    Source:

SINGAPORE: The Indian real estate players are helping with their suggestions in framing policies for 100 smart cities in the country proposed by the new government.   "Smart cities are on ta

Housing segment cautiously optimistic - CBRE

25-Jul-2014    |    Source:

With the coming of the new government already having improved sentiments in the realty market, as a next step the sector expects India’s economic fundamentals to be tackled on a priority basis b

New land act bad for us, says DDA vice-chairperson Balvinder Kumar

24-Jul-2014    |    Source:

  NEW DELHI: The new land acquisition act is potentially blocking authority projects and wasting public money, DDA vice-chairperson said in a letter to the urban development ministry, seeking exe

Online realty players gear up for tough battle

22-Jul-2014    |    Source:

  MUMBAI: Buying or renting a house is among the biggest expenses for Indians, creating a huge market for online players--ranging from established players to startups--who are now bracing themsel

DLF to sell 30-acre land for Rs 550 crore to further reduce debt

22-Jul-2014    |    Source:

NEW DELHI: DLF, India's largest real estate developer, is selling a 30-acre land parcel in Hyderabad's Raidurg area to local builder My Home Group for Rs 550 crore, two people with knowledge of the de

RBI relaxes norms to buy immovable property abroad

18-Jul-2014    |    Source:

Reserve Bank of India on Thursday said individuals can also use funds under Liberalised Remittances Scheme (LRS) to buy immovable property abroad.   Encouraged by an improvement in the foreign ex

Home loan rates up to Rs 50 lakh to dip as RBI eases bank fund-raising norms

17-Jul-2014    |    Source:

Housing loans of up to Rs 50 lakh could become cheaper with the Reserve Bank of India relaxing the rules for banks to offer loans for the sector. Taking forward the announcement made in Budget 2014-

Real estate, infrastructure receive a 'thumbs up' from Narendra Modi government

16-Jul-2014    |    Source:

Forty Five days into the formation of the Narendra Modi led Government, the Finance Ministry had an uphill task of presenting a budget that addressed the issues being faced by the Republic of India. W

What really defines luxury living for you?

15-Jul-2014    |    Source:

A report in 2013 labelled Mumbai as the 16th most expensive city globally in terms of owning a residential space. The southern region of the island city is seen as the most prime, with locations such

Government to launch realty investment trusts by August

14-Jul-2014    |    Source:

In a big push to core projects that have been facing a paucity of funds, the government is set to launch infrastructure investment trusts by August this year.   “Market regulator Sebi will

Thane, Navi Mumbai flat prices up 85%

11-Jul-2014    |    Source:

MUMBAI: A five-year price analysis of residential realty market in 11 cities shows that the ever-expanding Navi Mumbai and Thane have registered the highest percentage of increase in home prices acros

Survey shows, Mumbai is top draw for property investors

08-Jul-2014    |    Source:

Mumbai remains the top favourite of property buyers with preferences for flats and bungalow, followed by Bangalore and Chennai as the next important destinations, according to a new survey released he

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