Home buyers

Magicbricks Poll: Nearly 50% home buyers had to wait three years to get possession – RealtyMyths

36% of home buyers had to wait 5-10 years for house keys Inordinate delays in delivery of residential projects by cash-strapped developers remain the main cause of concern for Indian home buyers as a recent poll by Magicbricks, India’s No. 1 property portal, revealed that almost 50% home buyers had t...Read More

Are you a 1st time home buyer – Checkout these schemes

by Pooja Bhatia, A first-time home buyer in India is entitled to a host of benefits, courtesy the present government at the centre. Besides schemes for first time home buyers, there are tax benefits and government subsidy for them. Today, we list you the first-time home buyer benefits that make it ea...Read More

GST major reform for Indian economy, real estate needs a few aspects to be tweaked

Dr. Niranjan Hiranandani The Goods and Services tax (GST) has undisputedly, been the biggest reform for the Indian economy since 1947, as also a paradigm changing event for the real estate industry. On completion of the first year under the GST regime, Mr. Niranjan Hiranandani, President, National Re...Read More

Government will shortly sort out problems of home buyers as well as builders in general and even RERA related

Hardeep Singh Puri Mr.  Hardeep Singh Puri, Union Minister of State with Independent Charge in the Ministry of Housing and Urban Affairs on Friday assured the home buyers as well as real estate builders across the country that the government would sort out most of their common problems as soon as pos...Read More

Piramal Finance targets affordable and mid-income housing sector

RM Correspondent Piramal Finance Limited (PFL), a subsidiary of Piramal Enterprises Limited, has set up a dedicated team to invest in affordable and mid-income residential projects across major metros in India. PFL has identified an initial pipeline of INR3000cr with transactions across the major met...Read More

What Indian real estate needs from Union Budget 2018-19

Anuj Puri, Chairman – ANAROCK Property Consultants Every year, the Union Budget presents the Government with an opportunity to tweak the direction that the Indian economy is taking. Sometimes, hard decisions are taken which, while necessary, do not necessarily go down well with Mr. Everyman. At...Read More

What Indian real estate needs from Union Budget 2018-19

Anuj Puri, Chairman – ANAROCK Property Consultants   Every year, the Union Budget presents the Government with an opportunity to tweak the direction that the Indian economy is taking. Sometimes, hard decisions are taken which, while necessary, do not necessarily go down well with Mr. Every...Read More

The Supreme court’s role in protecting home buyers’ interest in 2017

by Akhilesh K. Prasad The apex court has been instrumental in protecting the interest of the home buyer where the government has been found wanting. Here’s a summary of four such cases happened last year that will carry a positive impact in the real estate sector. SC rules that an association of home...Read More

Why Property Buyers in India are really Not the King?

In a country of 134 crore people and a population which is equivalent to 17.86% of the total world population, serving up houses for all is like an impossible dream. On top of that, there are demands to be met of people from the different economic classes. While some will be happy securing a roof ove...Read More

Will a meeting with Yogi help the Noida home buyers?

As reported by TOI, and Nefowa, six representatives of Noida home buyers are all set to meet the new UP chief minister Yogi Adityanath. Buyers agitations have already created a lot of commotion.  Tired, helpless homebuyers are agitated with the unheard builders like Gaur, Jaypee, Amrapali, and Earth ...Read More

Declining home loan rates to kick-start residential revival – JLL

In the midst of all the demonetization brouhaha, there is reason to celebrate in the real estate sector. The Indian housing markets historically kicked off due to the easy availability of cheap home loans. Today, we see the past revisited, with the possibility of a healthy resurgence in demand driven...Read More

Real Estate’s Expectations from Union Budget 2017-18

Anuj Puri, Chairman & Country Head, JLL India Clarify beneficiaries under Pradhan Mantri Awas Yojana The government recently announced that interest rates of 3% would be applicable on loans of up to INR 12 lakh and 4% on loans of up to INR 9 lakh, under the Pradhan Mantri Awas Yojana (PMAY). Now ...Read More

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