Housing sales fell by 4 per cent to 2,63,720 units last year, lowest since 2010, in the eight major cities of the country on account of demand slowdown in the real estate market despite interest rate cut by the RBI.
The 150-year-old real estate, construction and development company, Shapoorji Pallonji, is likely to make an investment of around R6,000 crore and earn revenues of over R9,000 crore from its affordable housing business launch
A relaxed FDI policy for the realty sector has reinforced the confidence of overseas investors and has helped India regain its place as one of the preferred investment destinations, says a recent PwC survey.
The Centre’s move to increase the deposit limit of the project cost in a separate account from 50% to 70%, may help developers divert the majority of sales proceeds on buying additional land instead of completing the projec
The Union Cabinet today approved various amendments to the contentious Real Estate bill, introducing provisions for depositing 70 per cent of the project cost by builders into an escrow account and punishment...
7th Pay Commission pay scale and pension report effect: The report's hefty pay and pension hike recommendations for Central government employees and pensioners expected to give fresh hope to real estate market.
With repeated disruptions in second week of the winter session putting its legislative agenda on the back burner, the government has proposed heavy business in both Houses of Parliament next week, listing key legislation like
The government is gearing up to ensure the passage of the crucial real estate bill, which is aimed at curbing malpractices in the sector and bringing transparency through regulatory mechanism, in the forthcoming Winter sessio