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 […]
The RoB which is coming up at the junction of sector 100 and 37-D at Basai village will fill a crucial connectivity gap on the 18-km-long Dwarka Expressway. The much delayed Railway-over-Bridge (RoB) at Basai on Dwarka Expressway is expected to be completed in next two months. Major construction work including slab over the railway […]
Those With Rs 12-18L|Yr Pay To Get Subsidy Those with annual income of up to Rs 12 lakh in urban areas would soon be eligible for 4% rebate in interest for a home loan up to Rs 9 lakh while 3% rebate can be availed on Rs 12 lakh loan by those who earn up […]
Home loan rates have fallen to their lowest level in six years with the State Bank of India, the country’s largest lender, cutting the effective rate to 8.6% from 9.10%. While the SBI cut its one-year marginal cost of lending rate (MCLR) — the benchmark to which home loans are linked — to 8%, against […]
The transitional slowdown in demand which we witness as an after math of series of reforms has nothing to do with the huge pent-up demand for housing in India. With the new Government at the centre, we have been witnessing series of radical and transformational reforms – Demonetisation, Real Estate Regulator Bill (RERA), FDI relaxations, GST, Benami Transactions […]