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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. In February last year, RMZ Corp has announc ...Read More
News ID : 80
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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 complex located in Noida because of excessive delay ...Read More
News ID : 79
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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. Before GST, service tax was 4.5% and VAT was 1%. It ...Read More
News ID : 78
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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 as sales showed the best performance within the fiv ...Read More
News ID : 77
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When Prime Minister Narendra Modi has gone extra miles to make India a lucrative destination for investment to attract the world leaders at World Economic Forum, the real estate industry in India is supposed to garner huge interest from foreign leaders, according to a survey. A property consultant JLL has reported that the Indian realty s ...Read More
News ID : 76
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The Goods and Services Tax (GST) and Demonetization have been the two big blows to the real estate industry in India. But a feeling of optimism has been offered by some of the real estate developers in Bengaluru with high stock prices for around 12 months. The crackdown of the government on unaccounted amount of money due to note ban in Nov ...Read More
News ID : 75
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From low-income to middle-income groups, there are thousands of people in Noida and Greater Noida who are buying home for the first time and losing out up to Rs. 2.6 lakh of interest subsidy under the Pradhan Mantri Awas Yojana (PMAY) has Yogi Adityanath government has not sent the names of cities to be included among those eligible to av ...Read More
News ID : 74
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A real estate developer, Sheth Infraworld has been prompted by The Maharashtra Real Estate Regulatory Authority (MahaRERA) to waive off 5% of balance to be recovered from the buyers due to late delivery of project. A homebuyer who paid 95% of the balance has still not got the possession of her apartment in Sheth Midori residential project l ...Read More
News ID : 73
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A complainant Richbond Finvest Services paid Rs. 1.3 crore in cash to M/s Niraj Kakad Constructions at the interest rate of 24%. When they dragged the builder to MahaRERA (Maharashtra Real Estate Regulatory Authority), nobody knew that it would cause trouble to them and land into soup. Evidence for them stumbled out as case proceedings co ...Read More
News ID : 72
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Hardeep Singh Puri, Union Minister of State for Urban Affairs and Housing admitted that the urban infrastructure of the country was under significant damage. He added that the government was assigned to bring holistic change in the infrastructure development of the country, by covering 12 million houses by 2022 in Indian cities. Under Pradh ...Read More
News ID : 71
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