The Delhi Metro Grey Line is projected to be operational by September 2019, bringing improved connectivity to oft-overlooked areas like Najafgarh and Nangli. With this development, the rental and capital markets along the Dwarka-Najafgarh stretch are anticipated to flourish in the near future. The Delhi metro’s ever-expanding network has worked wonders for the real estate […]
Realty firm Chintels Group will invest over Rs 300 crore over the next five years to develop a housing project at Dwarka Expressway in Gurugram. The company will develop 324 units in the second phase of its housing project ‘Chintels Serenity’. Under the first phase, it constructed 120 units at a cost of Rs 155 […]
The new growth corridor on the border of Delhi and Gurugram, Dwarka Expressway is touted as the future of the NCR. Nitasha Chawla explores how its development is going to boost the real estate market. With the foundation laying of Delhi corridor of 29 km Dwarka Expressway recently, homebuyers have a reason to cheer as […]
The new financial year has just begun and the festive season, too, is upon us, which is good news for the real estate sector, especially developers and homebuyers — AK Tiwary and Mamta Sinha Developers are expecting a spike in property sales while buyers are hoping for some lucrative offers and good deals during this […]
The RBI’s cut in the repo rate by 25 basis points will cheer the housing sector. Growth in the sector will accelerate, especially as it comes on the back of GST rationalisation The RBI resorted to a second consecutive policy rate (repo rate) cut by 0.25 percentage points, to 6%, signalling lending institutions like banks […]
Commercial real estate in India has a new hope on the horizon after seeing the success of it first real estate investment trust (REIT). The Embassy Office Parks REIT, a joint venture between the Bangalore-based property developer and private equity firm Blackstone was oversubscribed and successfully raised Rs 4,750 crore from the primary market last […]
The GST Council’s decision to give an option in the choice of the tax regime in GST for projects under construction has given an opportunity to home buyers to negotiate with developers to choose the system beneficial to them. The decision has also brought some reprieve to developers over their concerns on the loss of […]
Economical prices, better returns and more scope for capital gains are some of the advantages In less than 40 years, Dubai has transformed from a local trading community into one of the most inspirational, exciting and successful cities in the world. It continues to make global headlines as an immensely attractive destination for tourists, investors […]
The second-round of development after 2009 has led to the growth of new micromarkets in Gurugram, which are now top draw for end users looking for quality housing in the NCR— Mamta Sinha Over the past two decades, especially in the last 15 years, Gurugram has transformed from being a satellite town of Delhi to […]
Currently, GST on all housing projects is 12%, while affordable housing projects are taxed at 8 per cent. Demand for residential properties is expected to receive a major boost following the government’s decision to cut the goods & services tax (GST) rates for underconstruction projects to 5% from effective rate of 12%. In a major […]