India's residential market is expected to sustain demand momentum despite rise in mortgage and property rates as sales this year across the top 7 cities are likely to breach pre-pandemic level of 2.62 lakh units, industry players said. After braving four back-to-back disruptions in form of demonetisation, RERA, GST and COVID-19 in the last 6 years, industry experts feel the housing market is going through a lot of structural changes and is now at the start of a long-term upcycle. Homebuyers body FPCE gives credit to the Real Estate Regulatory Authority (RERA) under the Real Estate (Regulation & Development) Act, 2016 for this improved buying sentiment.
Bankers say loan demand was more muted this festival season than last year.
'These are challenging times and we get energised by that.' 'I don't feel that 'I am tired now and I should relax', because even if someone calls us at 12 o'clock I have to answer his call.'
The migrants said that they prefer trucks and tempos to go back to their native places as the trucks drop them close to their villages, while buses drop them only till the state border, from where they have to find another mode of transport to reach home.
A tweet by the Press Information Bureau said the states which have imposed lockdown in all districts include Chandigarh, Delhi, Goa, Jammu and Kashmir and Nagaland. The other states are: Rajasthan, Uttarakhand, West Bengal, Ladakh, Tripura, Telangana, Chhattisgarh, Punjab, Himachal Pradesh, Maharashtra, Andhra Pradesh, Meghalaya, Jharkhand, Bihar, Arunachal Pradesh, Manipur, Tamil Nadu, Kerala, Haryana, Daman Diu and Dadra and Nagar Haveli, Karnataka and Assam.
Car sales dipped by 2.55 per cent in October, as the festival season demand for auto remained in slow lane.
Life Insurance Corporation of India has over Rs 7,000 crore in tax demand pending against it, the biggest across various categories.
'For them life is very difficult since there has been no universalisation of PDS.' 'And let's understand that there are people who need ration instead of cooked meals.'
Mumbai Monorail was to be built in two phases - Phase I of 8.93 km and Phase II of 11.20 km. The first phase ran operations for around three years before services were abruptly halted, owing to a fire incident last year. The second phase now stands completed, but is lying closed.
'Instead of doing ground work they are sitting and monitoring the drought through Mantralaya and trying to solve the problem with Aamir Khan.'
120 new malls came up in last two years, but 30-40 of their older peers downed shutters
Researchers have found two new mutations in coronavirus samples from Amravati and Yavatmal districts of eastern Maharashtra which can escape neutralising antibodies, a senior official said on Thrusday. Meanwhile, authorities in the two districts have announced strict implementation of restrictions, including a weekend lockdown in Amravati, to stem the rising cases of COVID-19.
'Due to the huge unemployment among displaced Adivasis they undertake any job that comes their way even if it means working and living in hazardous conditions.' 'The situation is such that out of every five tribals who migrate in search of employment only three come back alive.'
The seasons in 2012 and 2013 went by with hardly any property launches, mainly due to an economic slowdown and a need to clear the backlog
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As home deals are down to a trickle, most are looking at life beyond broking.
Quick commerce startups hope to race towards better days. Can they crack the execution code?
According to officials, Punjab, West Bengal, Maharashtra, Assam and Telangana wanted the lockdown to be continued, some of them wanted the powers to decide the zoning of districts -- green, orange and red -- as per the COVID-19 situation.
'It will only get worse, definitely, for the next month and one-and-a-half months.'
'There was a slight change of direction towards north-eastwards which meant the impact of the cyclone on Mumbai was less severe than originally expected,' the IMD said in a statement.
The NCW has written to the Delhi Police to expedite its action in the case against the 'Bulli Bai' app, floated for trolling and harassing the victims, to ensure that such crimes do not recur.
The Delhi police on Sunday registered a case based on a complaint filed by a woman journalist alleging that she was being targetted by an unidentified group of people on a mobile application named 'Bulli Bai' created on GitHub platform.
"We respect the Supreme Court order. We will take suggestions from legal experts to see whether there can be a middle path," Sharma said.
The real estate sector is set to enter a progressive phase in 2015.
In its morning update, the Union health ministry said the total number of positive cases has reached 2,16,919 with a record spike of 9,304 new cases since Wednesday 8 am across the country, while the death toll has increased to 6,075 with 260 more fatalities in this period. A PTI tally of figures announced by different states and union territories, as of 9.50 pm, showed a higher number of confirmed cases across the country at 2,17,389 and the death toll at 6,233.
An airport in Noida could lead to higher user fees and diversion of traffic from Delhi, which has huge unused capacity.
The bigger threat for DMart is that the Reliance-Future combine now has grocery revenues that are nearly 2.5 times of it, putting pressure on the former to improve stickiness of its consumers.
'We started analysing young patients and realised that they had causes like undetected diabetes, which suddenly flares up during COVID-19.' 'Secondly, hypothyroidism was one of the factors.' 'And obesity.'
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
Given the intensity of the rain, at least a third of this crisis could have been averted, had Tamil Nadu heeded Kerala's requests.
'People are angry.' 'First notebandi, then GST, now losses on the farm have ruined us.'
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
'After household expenses, we are left with nothing...' 'Sometimes I think it is better to shut the store...'
10 central trade unions have called a nationwide shutdown against 'anti-worker policies' of the central government. Apart from being successful in Bengal, Kerala and NE states, the bandh has also got support from Cong leader Rahul Gandhi and Shiv Sena in Maharashtra.
The Court of Metropolitan Magistrate at suburban Andheri ordered registration of an FIR against Sharma and others involved.
'The social distancing vaccine.' 'And the mask vaccine.' 'If you adhere to these two vaccines and go and meet people in a well-ventilated room -- not in an enclosed, non-ventilated, room -- you are probably going to be okay.'
Ramping up e-commerce operations and going beyond its current strongholds are key challenges for the grocery chain in its battle with Mukesh Ambani's retail behemoth.
'...are the deep ruts and fissures in the rotting fabric of our cities and the incompetence of elected leaders and administrators,' notes Sunil Sethi.
Under the 20.68 km-long monorail project, services will be provided between Poonamalle and Kathipara with a link from Porur to Vadapalani in Chennai, a senior UD Ministry official said.
Police have identified the suspect as 28-year-old Usman Khan, inspired by the ideology of Al Qaeda terror group, was previously sentenced to 16 years in prison term for his role in the London Stock Exchange bombing in 1990.
Tax authorities want to reduce harassment of tax payers by eliminating interface between assessees and taxmen
