Real estate

Target of Housing For All by 2022 will be met two years in advance: Hardeep Singh Puri

The mega mission of the Modi government to provide a roof over the head of each Indian household by 2022 is a highly ambitious agenda that faces formidable challenges but Minister of State (I/C) for Housing and Urban Affairs Mr. Hardeep Singh Puri set the temperatures soaring further high when he ann...Read More

The Government is working towards strengthening RERA further: D S Mishra

Speaking about the Real Estate Regulation Act at the 15th National Convention of  NAREDCO, Durga Shankar Mishra, Secretary, Ministry of Housing and Urban Affair revealed that the government is working towards amending several provisions of RERA which will benefit all stakeholders, be it developers or...Read More

Environmental clearance to real estate will soon be reduced to 60 days: Prakash Javadekar

Speaking at the 15th National Convention of  NAREDCO, Union Minister of Environment and Forests Prakash Javedekar said that his ministry intends to reduce the whole process of environmental clearance to a real estate project to 60 days in a few days to come. He added that the environmental clearances...Read More

Modi’s ‘Housing For All’ Receives Big Boost at NAREDCO’S 15TH National Convention

“Providing a house with basic amenities is the topmost priority of the government led by Prime Minister Shri Narendra Modi for which all stakeholders of the real estate sector need to make their contribution. In this context, I compliment NAREDCO for taking up a very pertinent agenda for its delibera...Read More

Why Developers Need Subvention Scheme To Survive

As a developer, you might be knowing that now you can’t sell your property under the subvention scheme, didn’t you? It was a shocking decision taken by the National Housing Bank (NHB) when it asked housing finance companies (HFCs) to stop providing funds under subvention schemes. It also includes cas...Read More

Union Budget 2019 Boost To Real Estate: Affordable Housing Gets New Lease Of Life

Union Finance Minister Nirmala Sitharaman, while presenting her maiden budget and the first budget of Modi 2.0 government, announced an additional rebate of Rs 1.5 Lakh on Housing Loan Interest. Being considered as a big boost to the real estate sector, this step will encourage first-time homebuyers ...Read More

What Real Estate Expects From The Union Budget 2019

Ms. Nirmala Sitharaman, the new finance minister in Modi Government is set to present her maiden budget on July 5, 2019. And clearly, her focus would be to pull up the GDP growth rate up to 7.5%, as expected by the World Bank. Generating employment is the next issue that the government wants to tackl...Read More

Real Estate Budget Wish List: Pass on tax benefits to boost large-scale housing development

by Anshuman Magazine The Indian realty sector expects some more favorable SOPs and policies to be introduced by the newly re-elected government in this Union Budget 2019-20. Riding on strong regulatory mechanisms introduced in the previous term such as RERA (Real Estate Regulatory Authority Act), GST...Read More

315 Work Avenue awarded the Best Emerging Co-working Enterprise Office Brand

315 Work Avenue, a leading coworking space provider, has been recognised as the Best Emerging Coworking Enterprise Office Brand at Times Business Awards 2019 held in the city recently. The award was presented by renowned actor Kunal Raj Kapoor at a gala event which saw a participation of top-notch bu...Read More

Real Estate’s Expectations from Union Budget 2019: Pritam Chivukula

by Pritam Chivukula We look forward to seeing the new Finance Minister Nirmala Sitharaman present her maiden budget in Parliament on July 5, 2019. We hope it will address the expectations and aspirations of home buyers as well as that of the real estate sector. Post the NBFC crisis, liquidity has bee...Read More

Is Indian Real Estate Still a Profitable Investment Asset Class?

by Anuj Puri, Chairman – ANAROCK Property Consultants Let’s get straight into this question, which has been a concern among all stakeholders – financial planners, property owners, investors and prospective buyers – over the last few years. And only because real estate, particularly reside...Read More

Despite RERA, one-fifth of home buyers prefer refund, says Magicbricks

– 72% buyers want to file RERA complaint for delay in possession -19% home buyers would prefer a refund in case of delayed possession Ever since it was formed two years ago, Real Estate (Development and Regulation) Act 2016, (RERA) has brought in a ray of hope and is the first choice for home b...Read More

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