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

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

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

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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