The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.
Rimi Sen: 'Even today, Salman Khan or Shah Rukh Khan rule Bollywood but the heroines who started with them are now doing supporting roles, playing sisters or even mothers. A woman's lifespan in the film industry is very short.'
The COVID-19 pandemic affected the residential property market during the April-June period last year but sales have improved in affordable homes segment since July onwards, reflecting economic recovery in the real estate sector, according to the Economic Survey. The National Housing Bank's (NHB) Housing Price Indices (HPIs) are a broad measure of movement of residential property prices observed within a geographic boundary. The NHB-RESIDEX captures two housing price indices -- HPI@ Assessment Prices and HPI@ Market Prices - Under Construction Properties based on the data available for 50 cities with quarterly updation.
Investing in stocks offer secrecy, partial liquidity and freedom to invest even a small amount, says P V Subramanyam
PE funds have invested Rs 13,000 cr into the property market in Bengaluru.
Gurgaon scores down from previous year but still on top.
Builders bet on affordable homes as luxury sales dip, however, signs of revival after note ban and Rera are slowly visible
Restricting the input credit is not a good idea for any sector, particularly real estate which requires more formalisation.
Businessman Robert Vadra unconditionally withdrew his petition in the Delhi High Court challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.
Former Pakistan prime minister Imran Khan has appealed to the Islamabad High Court for release on humanitarian grounds, citing deteriorating health and prolonged solitary confinement. The appeal was made during a hearing regarding his conviction in a corruption case.
Let's take a look at nations that saw biggest change in real estate loans.
Though the developments are positive, analysts say the benefits will accrue only in the long run
The National Consumer Disputes Redressal Commission dismissed a flat buyer's plea for a refund from a builder facing liquidation, highlighting the challenges faced by consumers in stalled real estate projects.
Analysts have turned bullish after success of some big launches and revival of home sales. There is optimism on rate cuts by RBI and hope for lower inflation; which may renew buyers' interest in real estate in coming months.
The new law would boost home buyer confidence as well as investment in the realty sector.
Between January and June 2011, PE investments in real estate reached $444 million, 47 per cent higher than the investments made in 2010 during the same period.
Siddhesh Joglekar, founder of Estatelister.com lists out reasons why these five cities could emerge as the best real estate investments in the New Year.
Here's what you must watch out for while inquiring about real estate deals at property exhibitions.
Speculation is rife that the Centre can take draconian steps such as mandatory e-passbooks for all real estate holdings and compulsory checking of every single safe deposit vault.
IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.
A couple has been arrested in Greater Noida for allegedly defrauding multiple people by selling the same flat multiple times after mortgaging it to a bank.
An RLD MLC and four others have been booked for allegedly forging documents and attempting to grab land and extort money from a company in Mathura, Uttar Pradesh.
National Capital Region and Bangalore's property prices are more reasonable.
Real estate will prosper, small developers won't.
The West Bengal government had early this month shelved the IT township project at Rajarhat in North 24 Parganas, where Wipro and Infosys were supposed to set up their units, after allegations of irregularities in allocation of land for the luxury Vedic Village resort surfaced.
The Enforcement Directorate has opposed Robert Vadra's petition in the Delhi High Court, challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.
Tathastu Realty is investing 500 crore to develop an affordable housing project in Rewari, Haryana, featuring 3,354 flats priced around 30 lakh each.
The Bill comes at a time when prospective home buyers are avoiding under-construction projects, almost everywhere in the country, thereby drying up sources of interest-free funds for debt-ridden developer firms
The year 2018 is likely to be steady in terms of institutional investment into real estate
Leading diamond jewellery manufacturer and retailer Gitanjali Gems Ltd is entering into real estate business through its maiden residential project at Borivli, in Mumbai's western suburb.
The need for a regulatory authority has been felt since a long time in the real estate sector, struggling for many years due to tough market and economic conditions.
Distribution yields could rise, but risk of Covid, higher interest rates remain.
Analysts, however, suggest investors remain selective on realty stocks and buy only where there is revenue visibility and a credible promoter backing.
The much-awaited real estate investment trusts (REITs), which invest directly in real estate projects after collecting funds from investors through stock exchanges, are set to see their entry in Indian markets with the Securities and Exchange Board of India (Sebi) on Friday putting out draft rules for such trusts.
To ease the flow of foreign direct investment into real estate, the government is mulling a proposal that mixed development projects should be exempt from the minimum capitalisation and area development norms.
The Congress and other opposition parties had opposed the amendments.
Morgan Stanley has big plans to invest in India's real estate.
The government has said the net impact of the service tax on real estate construction would be only 3.3 per cent, since construction attracts service tax only on 33 per cent of the value.
Let's take a look at five most expensive property deals in 2012.
Godrej Industries Group announces Pirojsha Godrej as the new chairperson, succeeding Nadir Godrej in August, marking a significant leadership transition within the conglomerate.
