Affordable Housing
Bengal’s Thika Tenancy Act: Things You Should Know – RealtyMyths
by Anushree Ghosh Thika Tenancy and the new amendments Before 1949, “Thika Tenancy” existed in Calcutta and Howrah region of West Bengal. In this system of tenancy, the landlord would give away a piece of land to a tenant with the right to develop a temporary structure “Kachcha Ghar”, which can be fu...Read More
ANAROCK: Govt. Sops Boost Housing Sales by 12% in Q1 2019 over Q4 2018 – RealtyMyths
New supply across top 7 cities up by 27% q-o-q – from 55,600 units in Q4 2018 to 70,490 units this quarter; defies conventional election period trends Pune and MMR see max. quarterly rise in both housing sales and new supply; absorption in Pune rose by 24%, in MMR by 19% Bengaluru frontrunner in shed...Read More
Tridhaatu Realty: Pritam Chivukula shares views on Gudi Padwa – RealtyMyths
Gudi Padwa is the first day of the New Year and celebrated with much pomp in Maharashtra. It is celebrated across many States in the country but goes by different names. It is an auspicious occasion to start a new project or a new venture. It is believed that making a high-value purchase like a home ...Read More
Tulip Infratech’s affordable housing project ‘Tulip Lemon’ ready for handover – RealtyMyths
Tulip Infratech, one of the leading Real estate development organizations in NCR Gurgaon region has completed its first Affordable Housing project ‘Tulip Lemon’ which is located in sector-69, Gurgaon. The occupation certificate of Tulip Lemon is awaited and as soon as it is received, the hand over pr...Read More
Stanza Living raises a total funding of INR 115 Crores over the last 15 Months – RealtyMyths
Stanza Living, India’s largest student housing company, has raised USD 4.4 million (INR 30 crores) in debt funding from Alteria Capital, India’s largest venture debt fund. This is in addition to USD 12.3 million (INR 85 crore) funding raised by the company earlier from marquee global investors like S...Read More
CSSOS Ropes in Indian International Olympic Wrestler Sushil Kumar – RealtyMyths
International wrestling star and Olympic gold medalist Sushil Kumar joins CSSOS through its Facilitation Agency, Aditia Reality Pvt.Ltd. as its Brand Ambassador Central Secretariat Services Society (CSSOS) signed up Olympic gold medalist and star wrestler Sushil Kumar as its brand ambassador today. C...Read More
NCR and MMR Lead Affordable Housing in Last 5 Years – CII-ANAROCK Report – RealtyMyths
NCR and MMR account for 55% share of total 6 lakh affordable units launched across the top 7 cities; NCR saw maximum supply Of the total 3.98 lakh units sold in sub INR 40 lakh category, NCR & MMR hold 57% share Pune comes next with 1.13 lakh units launched and approx. 75K units sold in the affor...Read More
Shriram Properties Partners with a Kotak Fund for its Affordable Housing Project in Kolkata – RealtyMyths
Kotak India Affordable Fund investing up to Rs.400 million in “Shriram Grand 2” Shriram Grand 2 is a 2-million sq.ft. affordable housing project in Kolkata Maiden investment by the Fund that has CDC Group plc as an anchor investor Shriram Properties Limited (“SPL”), one of the leading residential rea...Read More
GST Rates Cut, Affordable Housing Redefined – RealtyMyths
The slash in GST rates to 5% without ITC from the previous 12% with ITC for premium homes, and to 1% minus ITC for affordable homes from the earlier 8%, gives the beleaguered realty sector the much-needed breathing room and will certainly help it maintain some forward momentum in 2019. Another booste...Read More
Budget 2019 Highlights & Review: Residential Real Estate Sector – RealtyMyths
by Akhilesh K Prasad The residential real estate sector has taken a huge hit in the last two years. Apart from a prevalent slowdown in the market, this was attributed to demonetization and the implementation of Real Estate Regulations and Development Act (RERA) and Goods and Services Tax (GST) which ...Read More
Why is low-cost housing restricted to the peripheries? – RealtyMyths
Anuj Puri, Chairman – ANAROCK Property Consultants India continues to strive for a more globally-aligned image for urban living conditions, which is what the Smart Cities mission is really all about. However, the primary need if India’s housing market is to rank higher on global benchmarks of urban l...Read More
Budget 2019: Does it favour the real estate market?
It was a moment of cheer for the real estate sector when India’s Interim Finance Minister presented the Interim Budget 2019 on February 1, 2019 in the Parliament. And why not, the real estate, once again, got many mentions during the budget speech. There were many soaps for the developers, the ...Read More
