Real Estate Budget Wish List: More Tax Benefits Needed To Generate Demand

by Anuj Puri With the Modi Government taking full charge, all sectors have pinned high hopes from the finance minister – who is already saddled with multiple issues including the slowing economy, liquidity crunch due to NBFC crisis, lack of job creation and rising NPAs, among others. Without co...Read More

With elections done, focus shifts to 12% GST on home buyers

by Mr Neh Srivastava, Under Secretary, Ministry of Home Affairs & President, CSSOS  With elections done and dusted, the Central Board of Indirect Taxes and Customs (CBIC) is moving ahead with its plan to implement its 12 per cent GST order on balance amount due to the builders. As per the order, ...Read More

ANAROCK Launches Lucknow Operations and appoints new City Head

Will proactively address city’s pent-up inventory of 20,000+ units via mandated project sales Mid-segment and affordable housing currently steer the bulk of Lucknow’s realty growth Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants says, “ANAROCK’s entry into Lucknow has b...Read More

Supertech joins hands with U.P. Government in Skill Development – RealtyMyths

India’s leading Real Estate Developer Group has joined hands with  Uttar Pradesh Skill Development Mission (UPSDM) – a State Government Initiative, in imparting Skill Development Training in real estate jobs to unemployed youths free of cost.  Apart from providing employment to successful candidates,...Read More

Importance of Carpet Area under RERA – RealtyMyths

The difference between carpet area, built-up area and super built-up area, how the developer misleads the buyer – how the carpet area was not disclosed accurately, future of real estate market in India due to the new provision under RERA regarding carpet area. by Anushree Ghosh The total area o...Read More

Kumari Builders and Developers invests Rs 300 crore in 46-acre villa project

Kumari Hamlets balances the stress of urban living with lush green spaces and more Kumari Builders and Developers is investing Rs 300 crore in a 46-acre villa project in the city. Through this investment in Kumari Hamlets, the Bengaluru-based residential real estate developer is expanding its propert...Read More

Looking for Affordable Housing? Check Out these Developers

by Anushree Ghosh A sneak peek into the concept of affordable Housing Projects in India, the flourishing market of affordable projects, followed by a few developers’ project to check out. The fluctuating real estate market of India has been quite unpredictable in the recent times. The developers are ...Read More

Will the banking mess impact the Real Estate Sector?

Shobhit Agarwal, MD & CEO –  ANAROCK Property Consultants From bad loans to loan defaulters to financial frauds and embezzlement, the Indian banking system seems to be in a crisis mode. And, needless to say, it will have a cascading effect on most sectors – including real estate. To b...Read More

1 year of RERA: the sector on a way to be regularized

  Recently RERA (Real Estate Regulation and Development) Act, 2016 completed a year on May 1. Although certain sections of the Act were introduced on May 1, 2016, it came into force in its entirety on May 1, 2017. Before RERA, there was no real estate regulator in the country due to this many bu...Read More

Redraw the map of town planning

Anushree Ghosh “One should not live in a place which does not possess a temple” Avvaiyar (One of the famous Tamil poetess) Here ‘Temple’ refers to sanctity and thus cleanliness of the surroundings, proper water supply, garden for recreation and peace of soul, and other valuable supplies that one need...Read More

Changing trends in real estate marketing – 2018

Anushree Ghosh, 2018 is expected to be the healing year that would swiftly rub off the wounds caused by the policies made in the year 2016-17. The transparency brought into the system is anticipated to reboot the marketing strategy of the developers. The financially unstable developers would no more ...Read More

New Gurgaon becoming the next hotspot for investment

RM Correspondent As of 2011,  Gurgaon is witnessing rapid urbanization and has become a leading financial and industrial hub with the third-highest per capita income in India. The city is expanding rapidly and New Gurgaon has emerged as the ‘destination next’ of the real estate sector. Th...Read More

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