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Residential Market Shrugs off Impact of Note Ban
Housing market across the top 30 cities of India have successfully shrugged off the crash of note ban and soaked up the temporary blow of various changes in regulations in order to formalize the realty market. The real estate markets quickly started showing recovery by the end of September ...Read More
Affordable Housing Now Private Equities’ Biggest Theme
The attention towards affordable housing is increasing among the private equity firms and it will grow further behind the government’s focus in housing for all. Founder of Venture Intelligence, a research firm, Arun Natarajan added, “Affordable housing has become the biggest theme among ...Read More
PMAY Effect – GST down to 8% from 12% on Affordable Houses
There are many people in hope for the most awaited budget from Arun Jaitley, finance minister. After its recent meeting, the GST council has given something to cheer for the home buyers. According to the council’s recommendations, the incidence of GST will be less for homes bought under ...Read More
Leading Developer Hiranandani Urges FM to Revisit GST Rate and Remove Stamp Duty
Surendra Hiranandani has listed a few of the important points that should be taken care by the government in the next budget that can bring positive impact to the real estate industry. Put an end to Stamp Duty, Revise GST Rate Currently, the GST rate on the sale of flats is 12% of sales. ...Read More
Supreme Court Issues Notice to Supertech to Refund to Home Buyers
On Wednesday, the NCDRC or National Consumer Disputes Redressal Commission issued notice to the top officials of Supertech Limited, a real estate company, for their response on why they are not going to refund the hard-earned money of home buyers invested on its luxurious ORB residential ...Read More
Brookfield to Own Equinox Office Space from Essar for INR 2450 Cr
Canada-based real estate management company Brookfield Asset Management Inc. has acquired the Equinox Business Park located near Mumbai’s BKC developed by Essar Realty. It has an executive talk and signed a huge deal worth INR 2400 Cr in association with RMZ Corp, a commercial realty firm ...Read More
Hyderabad Realtors Seeking Government Intervention on Rising Input Prices
With the fear of constant rise in input prices, such as steel and cement, along with fastest establishment of real estate regulatory authority (RERA), real estate developers are seeking government intervention in Hyderabad. When talking about the marginal beginning of property show by CREDAI ...Read More
Real Estate in India is still more desirable: Reports
Despite a lot of changes in policy last year for the sake of added transparency, real estate market is still hottest for Indians. In 2017, over 15 lakh homebuyers searched for property aggressively, according to a report. A well-known property listing site Magicbricks prepares an analysis “ ...Read More
Jaypee Infra Expedites to Deliver 5100 Flats and Plots by March 2018
The subsidiary arm of debt-affected Jaypee Group, Jaypee Infratech expedites the speedy delivery of its 5100 apartments and plots by the end of March 2018 due to the fear of liquidation, so it could save itself from the consistent issues with lenders and homebuyers. In 2007, the company ...Read More
CoWrks Leases 2.25 Lakh Sq. ft. Office Space in Mumbai and Gurgaon
According to a top official, an office space provider, CoWrks has signed three deals to lease a commercial office space spread in over 2.25 lakh sq. ft. of landscapes in Gurugram and Mumbai. The company will also start one office in Mumbai and two offices in Gurugram. CoWrks chief ...Read More

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