Real Estate Gets Double Dose Of Happiness, Hails RBI’s Repo Rate Cut After Budget Bonanza

In an unexpected move, at least the market experts would agree to it, the Reserve Bank of India today cut the key Repo Rate by 25 bps, bringing it down to 6.25 percent. RBI was doing the 6th bimonthly monetary policy review, and first under its new Governor Shaktikanta Das, who replaced Uriji Patel a...Read More

Real Estate Sector Expresses Cautious Optimism: Real Estate Sentiment Index – RealtyMyths

Residential prices expected to remain contained, while launches and sales expected to pick the pace The outlook for the office sector remains optimistic The turbulent funding environment viewed as turning positive in the calendar year Knight Frank India in association with National Real Estate Develo...Read More

Interim Budget 2019: Why Real Estate Market Should Cheer – RealtyMyths

 Being the last budget before the general elections, the industry was actually expecting a populist budget from the interim finance minister. However, Mr. Piyush Goyal indeed faired well and presented a well-balanced Budget, giving full impetus to every sector. The government’s decision to ext...Read More

Union Budget 2019: Affordable Housing gets another boost – RealtyMyths

Homer seekers have reason to be happy with the budget speech of the Hon’ble Minister Shri Piyush Goyal. For real estate in general and housing in particular, this is a positive budget speech. For the economy, it focuses on the farm sector and the middle class. I would rate it as “9 out of 10,” becaus...Read More

NAREDCO presents its pre-budget memorandum to the government – RealtyMyths

Suggests effective GST @ 6%, which, after the Input Tax Credit (ITC) will become tax neutral for the end consumers Suggests extension of 80IBA provisions for affordable housing up to 200 sq mtr carpet area Suggests promotion of rental housing and improvement in the effective rate of return from renta...Read More

Will 2019 Be The Year Of Settlement For The Indian Real Estate!

The year 2018 comes to an end, and with this ends the year of speculations, ups and downs, and resettlements. Indeed, the year 2018 was a roller coaster ride for the real estate sector. Policy reforms like GST and RERA as well as monetary reforms like Demonetisation were still troubling the market wh...Read More

Opening of KMP Expressway opens up new possibilities: Praveen Jain, Vice Chairman, NAREDCO

The development of the metro will be faster Kundali-Manesar-Palwal (KMP) Express is emerging as one of the most important Indian long distance expressways which connect Kundli in Sonepat in the North East to Manesar in Gurugram and to Palwal in South West. Welcoming the opening of KMP Expressway NARE...Read More

Minimum EDC charges to boost real estate in Haryana: Manohar Lal Khatta

Bringing cheer to the realty estate sector, Shri Manohar Lal Khattar has announced the opening of the window for the Group Housing in Gurugram. The window will open for 60 days. Making a slew of announcements at the one-day summit of NAREDCO on Friday, Mr. Khattar said the Transit-Oriented Developmen...Read More

NAREDCO National President reaches out to Indian diaspora in GCC Countries

~ Currency fluctuation makes buying Indian real estate a sweeter deal for NRIs, says Dr. Niranjan Hiranandani Telling afresh the growth story of Indian real estate, while not just communicating the message of the new regulatory regime post implementation of the Real Estate (Regulation and Development...Read More

NAREDCO teams up with ministry of housing and urban affairs,Government of India

To carry out skill training programs in the construction sector under Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) NAREDCO (National Real Estate Development Council) has entered into a Memorandum of Understanding (MoU) with Ministry of Housing & Urban Affairs (MoHUA), ...Read More

Waste Management in real estate is a ‘Work-In-Progress’: Getamber Anand

The season of festivities is around the corner and one sector which is eagerly waiting for it to arrive in the Indian real estate sector. And why not, the real estate sector is majorly driven by sentiments which, currently, is lying low. The sales are not up to the mark and therefore, the developers ...Read More

Government push to affordable segment will boost its growth.

In the past three years, government policies have led to the growth in the affordable housing segment. It has emerged as the most preferred segment. Moreover, a month of June has been a boost to this segment. Recently, RBI revised the housing loan limit for priority sector lending (PSL). The governme...Read More

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