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Hyderabad to Become the Hottest Favorite Real Estate Destination for Investors
Hyderabad is probably the only destination which will not let the real estate investors down in the season of gloom. The ruling Telugu Desam Party (TDP) needs funds to develop Amravati, a new capital in India, and for Andhra Pradesh, it is demanding special-category status. For Andhra Pradesh, losing out ...Read More
Top 8 markets October-December Residential Sales Up 32% on Year
Residential sales has seen an uptrend across top 8 tier 1 cities by 32% from previous year to 66,879 residences during the December quarter, according to the data from Liases Foras Real Estate Rating & Research. There is a 3% rise in a series on the quarter in sales across 8 major ...Read More
Affordable Housing – Government to make Green Norms Easier
The government has decided to make green norms easier to boost affordable housing and construction sector where projects spread over 50000 sq. meters won’t need environmental clearance, in order to make its dream of “housing for all by 2022” a reality. Recently, the environment ministry ...Read More
How “Build and Sell” Dynamics is Changing in Real Estate Industry?
After the major steps of demonetization, the combined efforts of Goods & Services Text (GST) and Real Estate Regulation & Development Act (RERA) led real estate industries to look for new business models which may change its dynamics. There is significant emergence of the ...Read More
Victims of Unauthorized Construction can now claim compensation from violators – Madras High Court
Along with getting authorized buildings razed, victims of illegal construction can now claim compensation for damage caused to those structures by attaching the properties of violators, according to Madras High Court. A division bench including Justice S Vaidyanathan and Justice M ...Read More
Real Estate Bodies sign Pacts with Maharashtra to construct 9 Lakh Affordable Homes by 2022
Government of India has introduced the most revolutionary concept of affordable homes. It has made a significant impact in the real estate industry. Now various real estate bodies have come up with proposals to introduce affordable homes. Recently, CREDAI CREDAI-MCHI and CREDAI Maharashtra ...Read More
DDA to offer 21000 flats as part of new housing scheme
The Delhi Development Authority will offer around 21000 flats this June under its housing scheme 2018. According to DDA, the housing scheme will be bigger and better than its previous schemes, with more roomy flats. Unlike last schemes, DDA won’t offer flats surrendered in last schemes ...Read More
Amrapali approaches Supreme Court to rope in other developers
Disputed real estate developer Amrapali Group seeks Supreme Court’s nod regarding permission to rope in other developers to complete its residential projects and to hand over the flats to the stressed homebuyers. The company is suffering the proceedings of its insolvency conducted by the ...Read More
The crazy days of residential sales seems to be the past. These days, buyers make informed decisions instead of just going with everyone. Policy and structural changes like RERA, demonetization, and GST brought sanity in the real estate market in India. Investors who were worried of increasing prices in last year are no longer instrumental at all.
When residential realty markets are witnessing comeback of end users in some micro markets, the markets are benefitting as the speculators are being banished in top 7 cities despite the failure of sales. In leading markets like Bangalore, Delhi NCR, Mumbai, Chennai, Hyderabad and Pune, ...Read More
Home buyers can now avail interest subsidy under PMAY
Thousands of residents in Noida and Greater Noida who were buying house for the first time losing hope to get the interest subsidy. Now they can look forward to benefit under Pradhan Mantri Awas Yojana. With annual income of around Rs. 18 Lakh, all the eligible buyers who have bought ...Read More

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