Real Estate
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Relief for homebuyers? This is how states, UTs are trying to ‘circumvent’ the new Real Estate Act
May 01, 2017 12:27 ISTThere are several hurdles which stand firm on the road of implementation of the Real Estate Regulation Act across the country.
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Real Estate Act comes into force from today: Here’s what home buyers need to know
May 01, 2017 11:10 ISTIn what could come as good news for home buyers, the Real Estate (Regulation an Development) Act, 2016 has come into force from today, with a promise of protecting the right of consumers and ushering in transparency, after a long wait of nine years.
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Real Estate Act comes into force tomorrow, only 13 states notify rules
April 30, 2017 12:59 ISTReal Estate Act comes into force from tomorrow with a promise of protecting the right of consumers and ushering in transparency but only 13 states and UTs have so far notified rules.
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Unitech MD Sanjay Chandra arrested for alleged money laundering
April 01, 2017 11:25 ISTUnitech MD Sanjay Chandra and two others face charges of illegally diverting funds from one project into a shell company which then parked it in foreign accounts
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SC orders Unitech to pay 14 pc interest on principal amount to flat buyers
February 20, 2017 14:10 ISTthe Supreme Court today directed the builder to pay 14 per cent interest to 39 flat buyers who chose to withdraw from the project.
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Budget 2017-18: Infrastructure status to affordable housing, other sops announced to boost real estate sector
February 01, 2017 16:35 ISTFinance Minister Arun Jaitley today announced infrastructure status to affordable housing in Budget 2017-18.
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Real Estate's Expectations from Union Budget 2017-18
January 20, 2017 14:19 IST• Provide clarity on beneficiaries under Pradhan Mantri Awas Yojana The government recently announced that interest rates of 3% would be applicable on loans of up to Rs. 12 lakh and 4% on loans
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Note ban could trigger 30 pc drop in housing prices, wipe off Rs 8L cr in value
November 24, 2016 20:12 ISTThe real estate sector is all set to be hit by the demonetisation process with estimates suggesting a sharp decline in property prices following the government’s drastic move to ban high-denomination currency notes.
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Buyers can stop payment, terminate agreement in case of project delays, propose new draft rules
August 02, 2016 16:53 ISTWith a view to ensure timely delivery of apartments to allottees, the government is making it mandatory for promoters to sign an agreement with buyers under which a buyer can claim ownership of an apartment
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Brexit: Good news for Indian buyers, UK real estate may get cheaper
June 25, 2016 11:37 ISTNew Delhi: Indian investors may look at acquiring properties in UK, including in London, following devaluation of pound and fall in real estate prices due to Britain's exit from European Union, property consultants said today.
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Flipkart CEO Binny Bansal marks big bang entry into elite Bengaluru vicinity with Rs 32 cr home buy
June 23, 2016 13:34 ISTBinny Bansal, co-founder and CEO of India’s biggest online shopping platform Flipkart has just entered an exclusive club of billionaires with the purchase of a sprawling 10,000 square feet property in one of Bengaluru’s most posh and expensive locali
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Real Estate Act to get anti-discriminatory clause to check bias against religion, caste, diet
India | June 12, 2016 8:44 ISTNew Delhi: The government is mulling to introduce an anti-discriminatory clause in rules under the Real Estate Act to curb the practice of builders refusing to sell their apartments based on a buyer’s religion, marital
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Sebi bans Jeevan Suraksha Real Estate, its directors
May 20, 2016 22:15 ISTSebi today imposed a ban on Jeevan Suraksha Real Estate and its directors for violation of market norms in raising of funds from public through equity shares.
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Authority asks real estate major to seal 1009 flats in Greater Noida
India | April 21, 2016 12:24 ISTNoida: The Greater Noida Industrial Development Authority has toughened its stance against a real estate major and asked it to seal 1,009 flats and villas for large scale violation of the sanctioned plan, the Times
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Parliament approves Real Estate Bill, brings relief for home buyers
March 16, 2016 7:22 ISTThe Real Estate Bill pending before Parliament since 2013 was finally passed on Tuesday with the Lok Sabha giving its nod as members cutting across party lines backed it.
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Realty Stocks in focus after Rajya Sabha clears real estate bill
March 11, 2016 13:09 ISTMumbai:Realty stocks today rose by up to 7 per cent after a bill seeking to regulate the real estate sector, bring in transparency and help protect consumer interests was passed by Rajya Sabha. Shares of
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RS clears Real Estate Bill: Five ways it will benefit homebuyers
March 10, 2016 17:28 ISTThe Rajya Sabha has cleared the Real Estate Bill today. Five ways it will benefit homebuyers
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Five things home-buyers look forward to in Budget 2016
February 29, 2016 9:53 ISTNew Delhi/Mumbai: The Union Budget is a keenly watched annual event that has an impact on individuals and industry in equal measure. In fact, the way government measures announced in the Budget affect individuals have
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Gurgaon housing price down by 25% in 2015, sales still down
January 07, 2016 19:32 ISTNew Delhi: Housing prices in Gurgaon fell by about 25 per cent during last year but it was not sufficient to boost demand, according to property consultant JLL.Gurgaon is an important real estate market of
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Quikr acquires real estate portal CommonFloor.com
January 07, 2016 19:03 ISTBangalore: India's leading cross category classifieds business Quikr today announced its acquisition of real estate website CommonFloor.com for an undisclosed sum. The move is expected to bolster its online real estate segment after the launch
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