Real Estate
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Early Bird Scheme: 5% rebate on property tax if paid before May
Hyderabad: Tax payers can now avail a 5 per cent rebate on property tax by making the tax payment before April 30. The Greater Hyderabad Municipal Corporation (GHMC) on Monday introduced the…
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Interest subventions on home loans key to ‘Housing for All’, says NAREDCO Prez
New Delhi: With a target in hand to achieve ‘Housing for All by 2022, the Centre should consider providing full interest subvention on affordable loans for those who are purchasing their first…
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Resident real estate sector poised for upcycle: MOFSL
New Delhi: India’s resident real estate sector is poised for an upcycle, primarily buoyed by the improved affordability, said Motilal Oswal Financial Services Limited. As per MOFSL, decadal low interest rate regime…
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Institutional investments in real estate sector a boon for realty, says Pankaj
New Delhi: As per the report from Department of Promotion of Industry and Internal Trade Policy (DPIIT), construction sector is the third largest in terms of FDI inflow. The sector attracted USD…
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Real Estate is second-largest employer in the country, says Hardeep Singh Puri
New Delhi: Minister of Housing and Urban Affairs and Petroleum and Natural Gas Hardeep Singh Puri on Monday said that Real Estate being the second largest employer in the country, with the…
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I-T searches carried out on Ludhiana-based real estate developers
New Delhi: The Income Tax Department has carried out search and seizure operations on two major real estate developers of Ludhiana in Punjab. Accordingly, the searches were conducted on November 16 at…
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Boston Living partners with GMR, plans to build co-living spaces
Hyderabad: Boston Living, an incubation venture of the INCOR Group and a co-living facility, and GMR Hyderabad on Friday signed an agreement to develop a luxury co-living and residential services in Aero City. The…
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Telangana: State govt earns Rs 729 Cr at Khanamet land auction
Hyderabad: A day after auctioning nearly 50 acres of land for Rs. 2,000 crore, the Telangana government today earned another Rs. 729 crore after successfully auctioning-off another 15 acres of land at…
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Housing sales rise 12% in Jan-March: PropTiger report
New Delhi: As property demand gained momentum, housing sales increased 12 per cent during January-March compared to the previous quarter, according to a report by PropTiger.com. The report noted that various measures taken…
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Realty brokers upbeat about sector outlook: Report
New Delhi; As housing demand has improved over the past couple of months, the sentiments of real estate brokers have also risen regarding the outlook for the sector, showed a report by 360…
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Indiabulls Real Estate shares fall over 5% on weak quarterly result
NEW DELHI: Shares of Indiabulls Real Estate Ltd on Tuesday declined over 5 percent in morning trade after the firm posted a consolidated net loss of Rs 76.01 crore for the quarter…
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Housing sales reviving, FY21 sales seen 40-50% down
New Delhi: Although demand for residential properties have recovered in the past couple of months to pre-pandemic levels, the overall primary sales is likely to fall 40-50 percent in the top 10…
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Housing sales drop 49% during January-June amid COVID-19
NEW DELHI: Impacted by the pandemic and the nationwide COVID-19 lockdown, housing sales across the seven major cities nearly halved during the first six months of 2020 compared to the second half…
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Noida leads NCR market in office space leasing: 360 Realtors
NEW DELHI: Noida witnessed a surge in office space leasing in the third and fourth quarters of 2019 and recorded the highest leasing in the National Capital Region (NCR), according to a…
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CII welcomes TS Govt move to re-start industrial activity
Hyderabad: The Confederation of Indian Industry (CII), Telangana welcomed the state government’s move to gradually resume industrial activity. Public health and safety is of utmost importance. As the threat of Corona virus…
