Call it the RERA effect, or what have you, but a majority of the nation’s developers seem to be on a `Mission Project Completion’ these days Industry experts say that developers are currently invested in faster completion of their projects to comply with the “timely completion“ clause of the Real Estate Regulatory Authority (RERA), slated […]
Huda on Thursday started construction of the remaining portion of Southern Peripheral Road(SPR), nearly a month after clearing the last hurdle — rehabilitation of oustees of Rambir Ki Dhani. Officials said the stretch is likely to be completed in the next one month. The completion of SPR will resolve the connectivity problems of new sectors […]
In a major relief for middle class home buyers, the Government on Wednesday announced substantial interest subvention for those with annual income of above Rs 6 lakh and up to Rs 18 lakh per year. The benefit will be available on housing loans taken in 2017 under Pradhan Mantri Awas Yojna. Those with annual income […]
Real Estate is increasingly becoming one of the preferred mediums for investment, both for Private Equity (PE) investors as well as individuals. Investors are proactively enhancing their exposure to real estate asset class as an objective to preserve & expand wealth & mitigate risk. In a study conducted by International Property Consultant (IPC) Colliers in […]
Real Estate Industry body, NAREDCO has urged the Haryana Government to speed up work for completion of the much awaited Kundli-Manesar-Palwal Expressway (KMP). The work on the proposed expressway was supposed to get completed by 31 March of this year. The date has now been postponed to mid of June 2017. According to officials of […]
Promoters of realty giant DLF K P Singh and his family have decided to sell their entire 40% equity in their flagship company in commercial space DLF Cyber City Developers (DCCDL) to Singapore-headquartered private equity firm GIC, formerly known as Government of Singapore Investment Corporation. The statement issued by the company did not divulge the […]
Many call it an extension of Dwarka while others term it as the beginning of Dwarka Expressway.Sectors adjoining Delhi on Dwarka Expressway are surely the preferred choice for homebuyers A burst in affordable luxury projects in metro cities has opened a wide spectrum of housing opportunities for midsegment homebuyers. The prospect of enjoying high-end amenities […]
Can REITs propel growth in the realty sector? Our experts certainly think so! After the demonetization drive last year, the economy took a hit. And, one of the affect ed sectors is real estate. The sector is facing a liquidity crunch. Hence, given the current situation, is there an escape route? The answer is, yes! […]
RERA, set for roll-out across the country in May, is widely expected to make the real estate sector professional and be accountable to customers There has always been a general percep tion, rightly so, that the real estate sec tor is skewed in favour of developers and that consumers are left with no recourse […]
The year 2016 has been an eventful one for India’s real estate sector. The first half of the year witnessed early signs of a revival in momentum, as reflected in improved sales and a drop in unsold inventory levels across the top residential markets in India (as compared to H1, calendar year 2015). As the […]
