Kabul Chawla's company in India is facing the ire of consumers.
If you are already invested in real estate stocks, you've made your money, exit
The provisions in the bill will curb malpractices by developers and it even proposes to penalise them if norms are violated.
Noida police have arrested two more builders in connection with the death of a software engineer who drowned after his car plunged into a waterlogged trench near a construction site. The arrests follow public outrage and allegations of negligence.
Land aggregators now want to sell to large corporations because their payment is guaranteed.
Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
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.
The BSE Realty Index is on a downhill journey.
The new real estate hubs could typically take between 5 and 10 years to develop depending on the state of economy of the city and the state.
No promoter is allowed to advertise, market, book, sell or offer for sale, or invite persons to purchase any plot, apartment or building, in a project without registering with the authority.
Puneet Wadhwa and Debashish Pachal locate real estate stocks to watch out for.
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.
New law could pose challenges of cost escalation, increased paperwork, fear developers.
Monetary policy measures give temporary respite to rate-sensitive companies.
Experts say with a stable government, things will start improving but the impact might be visible only after six-12 months.
Gautam Adani, Chairman of the Adani Group, has surpassed Mukesh Ambani to become Asia's richest person, with a net worth of USD 92.6 billion, placing him 19th globally according to the Bloomberg Billionaires Index.
Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower due to surging crude oil prices, weak global market trends, and significant foreign fund outflows, with geopolitical tensions and inflation concerns further dampening investor sentiment.
Tathastu Realty is investing 500 crore to develop an affordable housing project in Rewari, Haryana, featuring 3,354 flats priced around 30 lakh each.
In bad times, informed investors, too, end up making mistakes in the real estate market. Here's how to avoid the pitfalls
Budget fails to cheer realty players.
Here is what influenced the realty picture of Kolkata in the 2016's first quarter that just went by:
After years of living with his family in a poky 110 sq. ft. 'house', textile worker Sambhaji Surve dreams of moving into a home four times the size once the Maharashtra government starts its ambitious redevelopment of the 39-acre Kamathipura shanty town in south-central Mumbai. Sharing his dream are about 8,000 other families hoping for a better life when the redevelopment project, part of the government's effort to redevelop old settlements and make life more livable for some residents, gets underway. The Shiv Sena-Nationalist Congress Party aims to redevelop BDD Chawl and Dharavi but for Surve all the matters is Kamathipura where he arrived in the 1970s from Nasik to work in a textile mill. Kamathipura was originally built 150 years ago following construction of a causeway to connect the seven islands of Mumbai. From the British Raj to post-independence, it became infamous for slums and brothels.
Jaitley said the Budget proposals would boost the realty sector, which would help meet the housing needs of a vast section of the population.
The Congress and other opposition parties had opposed the amendments.
Analysts, however, suggest investors remain selective on realty stocks and buy only where there is revenue visibility and a credible promoter backing.
Businessman Robert Vadra has approached the Delhi High Court to challenge a trial court's decision to summon him in connection with a money laundering case related to a land deal in Shikohpur, Haryana.
PE funds have invested Rs 13,000 cr into the property market in Bengaluru.
The real estate sector might have been caught off guard by the second wave of the Covid-19 pandemic, but large listed developers like Godrej Properties and Prestige Estates Projects soldier on undeterred. They aim to have sales bookings of Rs 10,000 crore in the next few years.
Urban ministry changes rule before public consultation by environment ministry
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.
Here's what's buzzing in Mumbai if you are looking out for real estate appreciation...
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.
The Government today said it has not directed public sector banks to cut exposure in real estate following the housing-finance bribery scam. "No why should we say this," Financial Services Secretary R Gopalan told reporters when asked if the government has given such directions to the state-run banks.
The home rental market is facing a slowdown.
The Supreme Court has said that selling land or property is not a service under the Finance Act, 1994, so such sales cannot be charged with service tax.
Budget might turn out to be neutral for the sector.
According to property experts, this is the biggest plan by any developer at the moment.
A software engineer's death in Noida after his car plunged into a water-filled pit has sparked allegations of negligence against local authorities. An Irrigation Department letter warning about the need for head regulators to manage water accumulation in the area was allegedly ignored.
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.
