Category: Real Estate

Q1 FY20 home sales seen rising on repo rate cut, new GST rates

New Delhi: The Indian real estate sector is likely to witness a much-needed uptick in demand and sales during the…

Benami property worth Rs 208 cr of former Chief Engineer of UPSIDC in Lutyens’ Delhi attached

New Delhi [India]: Authorities have attached a benami property worth Rs 208 crore belonging to a senior official of Uttar…

GST Council to clear rules for lower housing rates

New Delhi: The 34th GST Council meeting on Tuesday will consider implementation of lower Goods and Service Tax (GST) rates…

REITs bring hopes to cash-strapped Indian real estate

New Delhi: The launch of India's first Real Estate Investment Trust (REIT) and its initial public offering last week has…

Luxury real estate demand set to rise: Developers

New Delhi: The luxury real estate segment with a customer base of its own did not witness a slowdown as…

Choose GST rate for incomplete projects, builders told

New Delhi: In a big relief to builders, the GST Council on Tuesday approved transition rules on new tax rates…

I-T Dept sends notices to 2,000 property sellers who took cash above Rs 5 lakh

New Delhi: The Income Tax Department (I-T) has sent notices to about 2,000 property sellers who took Rs 5 lakh…

GST reforms to boost realty demand: Developers

Gurugram (Haryana): To boost demand in the real estate sector, the GST Council in its recently held meeting, slashed tax…

Cobrapost hits back at audit report clearing DHFL

New Delhi: Terming the independent audit report, which earlier this week gave a boost to the share price of Dewan…

US home construction rebounds in January

Washington: Construction of new US homes jumped in January, reversing the declines seen in recent months, government data showed Friday.…

80% office space occupiers plan expansion of real estate portfolio: Report

New Delhi: Around 80 per cent of office-space occupiers in the country are likely to expand their corporate real estate…

Need one-time rollover of potential NPAs in real estate: NAREDCO

New Delhi: National Real Estate Development Council (NAREDCO) President Niranjan Hiranandani on Friday said the government and the central bank…

Lower GST for properties under construction will boost demand: Moody’s

New Delhi: The reduction in Goods and Services Tax (GST) for properties under construction will boost demand and increase sales,…

HNIs prefer commercial properties for higher yield: Colliers

New Delhi: High net worth individuals (HNIs) prefer to invest in the commercial real estate segment against residential properties in…

National Real Estate Development Council lauds GST rate cut

New Delhi: National Real Estate Development Council lauded the Goods and Services Tax rate cut on real estate announced on…

GST on under-construction houses cut to 5%

New Delhi: The GST Council on Sunday lowered the tax on under-construction residential properties to 5 per cent from 12…

GST on affordable housing properties reduced to 1 pc

General News: The Goods and Services Tax (GST) on affordable housing properties without input tax credit (ITC) has been reduced…

CommonFloor hosts CommonFloor Real-Estate Excellence Awards 2019

Bengaluru (Karnataka): CommonFloor, a platform that offers home seekers, sellers and real estate professionals an extensive online real estate ecosystem,…

Hasty GST Council aimed to facilitate real estate: Sisodia

New Delhi: Delhi Finance Minister Manish Sisodia on Wednesday opposed what he called "rushing through" of important decisions in the…

GoM on GST on Housing submits recommendations to Council

New Delhi: A Group of Ministers (GoM) headed by Gujarat Deputy Chief Minister Nitin Patel which has favoured 3 per…