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DEMAND FOR READY-TO-MOVE-IN HOMES IS ON THE RISE

DEMAND FOR READY-TO-MOVE-IN HOMES IS ON THE RISE

Housing sales fell 11 percent during the last fiscal year across nine major cities of the country, but the demand for ready-to-move-in residential units rose while that of under-construction flats dipped, according to online property brokerage firm PropTiger. The share of ready-to-move-in inventory as a percentage of total sales rose to 20 per cent during […]

Real Estate Industry applauds FM’s move to extend RERA deadline for projects

Real Estate Industry applauds FM’s move to extend RERA deadline for projects

In a relief to real estate industry, Finance Minister Nirmala Sitharaman on Wednesday announced that the deadline for completion of projects will be extended by up to six months for all registered projects expiring on or after March 25, 2020, without individual applications, treating the coronavirus outbreak as an event of ‘force majeure’.  Dr. Niranjan Hiranandani, President, ASSOCHAM […]

Budget 2020 Expectations: Real estate looks for industry status, increased tax benefits on home loans

Budget 2020 Expectations: Real estate looks for industry status, increased tax benefits on home loans

Budget 2020 Expectations for Real Estate: When FM Nirmala Sitharaman presents the Union Budget 2020 in the Parliament on February 1, real estate developers will look forward with bated breath to the sector being granted industry status in the country. Budget 2020 Expectations for Real Estate: When Finance Minister Nirmala Sitharaman presents the Union Budget […]


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