'Real estate loans are given in the garb of retail loans, sourcing money cheap from the NHB refinance window.' 'This loophole is being plugged,' notes Tamal Bandyopadhyay.
In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.
The buyer is well within his right to ask for a penalty clause in the agreement.
The chairman of mortgage giant HDFC Ltd in his annual letter to shareholders, also suggested a one-time restructuring of real estate loans, easing of external commercial borrowing rules and immediate changes in regulations to allow end-to-end execution of housing loans online.
About 5.5 million users are looking for real estate online in India
But completion occupancy certificates to be mandatory.
Realtors are still flexible with buyers' demands.
Civil Aviation ministry has cancelled approval to the controversial private airport project at Aranmula in the Pathanamthitta district of Kerala.
Some developers point out that what comes in the way of low-cost housing is the sky-high price of land
'There are 8-12 members living in the same accommodation. While in pre-lockdown days, since most were out on work, social tension among them was less because of limited interaction. But now, no food and livelihood, along with having to live in cramped conditions, is taking a toll on their mental health.'
Out of the ten prime plots purchased by this joint venture, Delta Corp East Africa Limited (in which RIL holds 58.8 per cent stake) has completed construction of at least one low-cost residential complex
Listed Mumbai developers are battling higher inventory levels.
India's economy could also suffer some ill-effects without necessarily triggering retaliation via higher tariff barriers against Indian goods, says Devangshu Datta.
Project, infrastructure sector emerged as the top employment generator in March with 12 per cent rise in demand while petrochemicals industry reported 9 per cent growth.
Key relaxations traced in final regulations.
Real estate veteran Saket Mohta gives the the most comprehensive 11-point checklist
Fifteen stations might be taken up in the first stage with an investment of Rs 6,000-7,000 crore.
A limited number of activities will remain prohibited across the country, irrespective of the zone, including travel by air, rail, metro and inter-state movement by road, running of schools, colleges, and other educational and training/coaching institutions.
The UN Conference on Trade and Development (UNCTAD) said in a report on Monday that a lower but positive economic growth in India in the post-Covid-19 pandemic period and India's large market will continue to attract market-seeking investments to the country. The World Investment Report 2020 by UNCTAD said that India was the 9th largest recipient of FDI in 2019, with 51 billion dollars of inflows during the year, an increase from the 42 billion dollars of FDI received in 2018, when India ranked 12 among the top 20 host economies in the world.
GVK Skycity's 20-million sq ft commercial space will be bigger than that in BKC; bids invited for first phase.
The 2015 World Bank group's Doing Business index ranked India at 142, down from 140, which it was the year before.
Bharti Retail launched its first mall, The Pavilion, in Ludhiana.
The focus will be on tackling the unfinished agenda requiring immediate attention like tax structure for solar projects, uniform tax rate on state-organised and state-authorised lotteries, taxing non-potable alcohol besides certain changes in the law, extension for NAA and rate rationalisation.
Income from renting of properties is taxed at a flat rate of 10%.
More than legal and illegal mining of sand, the issue which stares us in the face is sustainable sand mining, says Gopal Krishna
During the six-month period (April-September 2019), the Indian economy grew 4.8 per cent as against 7.5 per cent in the same period a year ago.
With a stable government at the Centre and the a renewed sense of confidence among the industry, there is expectation that there will be more demand for office space.
No effect on ongoing projects, says company.
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
Boost to dairy sector will generate jobs
Private sector firms need to be re-engaged for better infra planning.
Struggling, corrupt construction industry will be challenged by the prime minster's $250-billion plan
For those in the EWS and LIG category who wish to take a loan up to Rs 600,000, there is an interest subsidy of 6.5 per cent for a tenure of 15 years.
Majority expect economy to slow down, but are satisfied with Modi govt's performance.
'The current crisis is one of incomes, driven by poor job growth, agrarian distress and poor investment sentiment,' notes Harsh Pati Singhania, director, JK Organisation.
Chinese leaders may well respond to challenges with heightened rhetoric.
When he is not running Amazon, he buys museums to live in, donates mountains, and works on space travel.
An analysis of the National Housing Bank's Residex shows from 2007 to now, almost all tier-II cities have seen their residential property prices appreciate by 45-120 per cent.
A survey by industry body Ficci has lowered the country's economic growth forecast for 2013-14 fiscal to 5 per cent, from 6 per cent projected in July, indicating tough times ahead.
HR guru Mayank Rautela provides a three-point plan.
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