Real Estate
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Why demand for luxury housing is on the rise: An overview
Business | Jul 08, 2022, 05:30 PM ISTAided by housing finance companies' offering affordable housing portfolios, the luxury realty market is expected to explode in the coming years.
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What's driving the demand for coworking spaces in post-pandemic era: An insight
Business | Jul 07, 2022, 03:44 PM ISTCoworking spaces demand has already almost doubled from the pre-Covid-19 levels and is expected to grow manifold in the coming years.
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Want monthly income from your shop, office? Commercial real estate can turbocharge rental income
Personal Finance | Jul 07, 2022, 12:01 PM ISTTraditionally, commercial leasing is a better investment option than residential markets as it can ensure recurrent rental income.
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Audi car, Rs 85L cash seized as ED raids Punjab-based real estate group
India | Jun 07, 2022, 11:32 AM ISTThe searches were carried out on June 3 against Gupta Builders and Promoters Pvt. Ltd., its directors Satish Gupta, Pardeep Gupta, their associates Bajwa Developers Ltd, Kumar Builders, Vinmehta Films Pvt. Ltd.
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Delhi realtors will now pay higher labour cess as govt revises calculation formula
India | Apr 07, 2022, 06:51 AM ISTThe labour cess is collected by the government as one percent of cost of construction projects worth Rs 10 lakh and above.
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Real estate sector wants government to accord top priority status in Union Budget
Business | Jan 31, 2022, 07:06 PM ISTShristi Infrastructure Development Corporation CMO Abhishek Bhardwaj said there is demand in the industry to redefine affordable housing.
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Supertech says advance payment made to firm for Noida twin tower demolition
India | Jan 23, 2022, 07:55 PM IST"In compliance of the Supreme court order, Supertech has signed an agreement with Edifice Engineering for the execution of demolition of twin tower and made an advance payment to it for mobilisation of men, materials and machines to site as per this agreement," a Supertech spokesperson said.
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Govt puts on sale MTNL, BSNL assets at base price of Rs 970 crore
Business | Nov 20, 2021, 06:45 PM ISTThe government has listed for sale real estate assets of state-owned telecom companies BSNL and MTNL at a reserve price of around Rs 970 crore.
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Can real estate investment be a profitable bet?
Business | Sep 14, 2021, 01:30 PM ISTThe real estate sector is divided into four sub-sectors -- housing, retail, hospitality and commercial. It is the second-highest employment generator, after agrarian.
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Swiss bank details about real estate properties owned by Indians to be revealed this month
Business | Sep 12, 2021, 08:55 PM ISTThe third set of Swiss bank account details of Indians under an automatic exchange of information pact with Switzerland will be revealed this month, officials told news agency PTI.
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Noida admin attaches flats, villas worth more than Rs 344 cr over dues on builders
India | Jun 30, 2021, 07:26 PM ISTThe Gautam Buddh Nagar administration Wednesday attached flats, villas and land plots worth Rs 344.23 crore over the non-payment of dues by 32 real estate developers, according to an official order.
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DLF bribery case: CBI gives clean chit to Lalu Prasad Yadav
India | May 22, 2021, 05:22 PM ISTAccording to CBI sources, the central probe agency had initiated a preliminary enquiry for corruption against Lalu Prasad and the real estate developer DLF group in Jan 2018.
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SC strikes down WB law on regulating real estate, holds it unconstitutional
India | May 04, 2021, 12:03 PM ISTThe Supreme Court on Tuesday struck down West Bengal’s law on regulating the real estate sector in the state.
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Union Budget 2021: Real estate sector keen on infrastructure status, tax incentives for home buyers
Business | Jan 31, 2021, 09:07 AM ISTThe real estate sector, which took a hard hit due to COVID-19, is pinning hopes on the union budget to be presented on Monday for easing regulatory norms and for steps that will help in the completion of pending projects and the sale of build-up houses.
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Will Budget 2021 deliver the goods for real estate?
Business | Jan 28, 2021, 03:00 PM ISTThe realty industry remains one of the most precise bellwethers of the state of India's economy. Like all other sectors, real estate, which contributes more than 8 percent to the Indian economy, too has expectations.
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Buying homes becomes cheaper as Maharashtra reduces all premiums by 50%
Business | Jan 06, 2021, 10:46 PM ISTNow, buying homes will be cheaper in Maharashtra. In a big boost to real estate hit by the coronavirus pandemic, the Maharashtra government on Wednesday decided to cut all premiums related to the sector by 50 percent. It will be applicable till December 31, 2021.
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How this app is leading a revival of real estate sector by deploying labourers
Business | Oct 21, 2020, 04:27 PM ISTCaptech Technologies said that its 'eFORCE' app has developed a capacity to deploy over two lakh labours in the first four months of launch.
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Should one buy property post-lockdown?
Business | May 31, 2020, 06:47 PM ISTDue to the COVID-19 pandemic, an economic crisis engendering high volatility in the capital markets is leading to investors losing their hard-earned money, at least for the time being. Most of the sectors have been badly affected due to the COVID-19 economic crisis
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Work from home not ultimate solution for corporates, Real Estate sector scenario may change
Business | May 22, 2020, 01:05 PM ISTPost the announcement of lockdown 4.0, many things have changed. Especially the restrictions under 5 different zones (Containment, Buffer, Red, Orange and Green Zone) changed the demand for work from home so far.
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RERA law must be implemented effectively to build trust between buyers, builders: Housing Minister
India | May 16, 2020, 07:35 PM ISTThe effective implementation of the real estate law RERA will help in restoring the trust between the developers and property buyers, besides ensuring that there are no defaults in delivery of projects, Housing and Urban Affairs Minister Hardeep Singh Puri said on Saturday.