property news

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

PM Inaugurates New NBCC Built Complex of Tripura Institute of Technology – RealtyMyths

Prime Minister Narendra Modi recently inaugurated a new hi-tech complex of Tripura Institute of Technology, built by state-owned Navratna PSU NBCC (India) Limited, a move that would provide state-of-the-art infrastructural facilities that support academic excellence. “The state-of-the-art new Complex...Read More

NBCC Organises 2-Day Training Programme on Leadership Skills – RealtyMyths

NBCC (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs (MoHUA), recently organized a two-day training programme ‘Leadership Development and Managerial Excellence’ for its officials. It was organized at NBCC’S Training and Skill Development Centre, (TSDC) in Ghitorni, Ne...Read More

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

Garage Society Launches its first Co-working Space in India – RealtyMyths

Garage Society, a Hong Kong-based flexible coworking space provider, today announced the launch of their first coworking space in Cybercity, Gurgaon. The facility is spread over 19,000 sq. ft. with a seating capacity of nearly 300. The centre has been designed to cater to the needs of modern corporat...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

Impact of GST on Real Estate Sector – RealtyMyths

by Akhilesh K Prasad The Goods and Services Tax (GST) was passed by the government on the 29th of March, 2017. The aim of implementing the new tax regime was to curb the effects of the previous multiple taxation systems such as VAT, Service Tax and so on. It was also introduced to provide a much-need...Read More

Kapil Dev to flag off Tridhaatu Navi Mumbai Half Marathon 2019 – RealtyMyths

Navi Mumbai’s biggest Marathon ever to be run World-renowned coach Norrie Williamson as Race Director Affiliated to AIMS, MAAA and TDAAA associations The legendary cricketer Kapil Dev is all set to flag off the Tridhaatu Navi Mumbai Half Marathon 2019, to be held on Sunday, February 17, 2019, at 5:30...Read More

Sumadhura Group receives ‘Developer of The Year 2018 – 2019’ – RealtyMyths

Sumadhura Group, one of South India’s leading realty majors has been recognised as ‘Developer of The Year 2018 – 2019’ in India at the recently concluded QuikrHomes Realty Awards. At the realty awards, the winners were recognized across individual, real-estate projects, builder, and allied categories...Read More

Samsung R&D Centre in Bengaluru Switches to Solar Energy – RealtyMyths

Samsung’s R&D centre in Bengaluru has switched to solar power for its campus in the IT capital of India. The campus which houses over 3,000 R&D employees will draw 88% of its power requirement from a solar farm in Kalburgi district in Karnataka, around 500 kilometres away from Bengaluru. How ...Read More

Commercial Real Estate Trends in 2019: a Forecast – RealtyMyths

by Akhilesh K Prasad The year 2018 saw the commercial office market emerge as the frontrunner in a market that has, in the last couple of years, witnessed revolutionary changes in terms of legislation. The implementation of the Real Estate Regulation (and Development) Act, Real Estate Investment Trus...Read More

An Infrastructure status or a cut in GST Rate, what Lies in the Interim Budget for Real Estate? – RealtyMyths

It’s that time of the year when every sector of the country gets full of hopes and aspiration. Yes! It’s almost time for the Interim Budget 2019. On 1st February, the government will present the Interim Budget 2019 in the Parliament. Like every other sector, Real Estate sector has its own expectation...Read More

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