Category: Real Estate

Rs 10,500 crore investment committed for GIFT City: CEO

BENGALURU: An investment of Rs 10,500 crore has been committed for GIFT City, the country's first operational smart city and…

Builders Association of India seeks PM’s intervention to fastrack infra, housing projects

BENGALURU: Builders Association of India today sought Prime Minister Narendra Modi's intervention to institutionalise their demands to fast track his…

Tamil Nadu real estate sector comes to standstill due to sand crisis

CHENNAI: Real estate sector in Tamil Nadu has come to a 'standstill' due to acute scarcity of river sand, delaying…

Govt announces commencement of India’s first-ever ‘Livability Index’

NEW DELHI: Union minister Hardeep Singh Puri today announced the commencement of the country's first-ever 'Livability Index' to rank 116…

Strategic investors can invest up to 25% in REITs and InvITs: Sebi

NEW DELHI: To make REITs and InvITs more attractive, markets regulator Sebi has allowed strategic investors like registered NBFCs and…

56% smart cities prone to floods: Report

NEW DELHI: As much as 56 per cent of smart cities are prone to floods which are responsible for 77…

Telangana to bring key changes in land record administration

HYDERABAD: The Telangana government would soon introduce a system similar to the 'core banking network', used in banks, in the…

NGT issues notice to MoEF over Signature City Project in Kanpur

NEW DELHI: The National Green Tribunal has issued notice to the Ministry of Environment and Forests (MoEF) to show cause…

GST for stamp duty on property likely: sources

New Delhi [India]: Stamp duty on property before registration might come under the ambit of the Goods and Services Tax…

SBI to raise Rs 20,000 crore for affordable housing, infra

New Delhi: State Bank of India on Wednesday said its board has given nod to raise Rs 20,000 crore for…

Jaypee Infratech CFO Ram Bahadur Singh resigns

NEW DELHI: Debt-ridden Jaypee Infratech on Tuesday said its chief financial officer (CFO) Ram Bahadur Singh has resigned from the…

10 more Smart Cities to be announced soon: Hardeep Puri

New Delhi: The names of 10 more cities to be funded under the Centre's flagship Smart City Mission will be…

PE investments in realty up 17% in ’17, dips 29% in residential

MUMBAI: Private equity investments in residential real estate declined almost 29 per cent in 2017 to Rs 15,600 crore as…

ANAROCK seeks industry status for realty sector in budget

NEW DELHI: The government should reduce GST rate on under-construction properties, implement single-window clearance for real estate projects and give…

Central govt plans to sanction 12 lakh houses in 115 backward districts

NEW DELHI: The government targets to sanction over 12 lakh houses in 115 backward districts identified for development in 18…

Govt plans to auction ‘enemy’ properties worth Rs 1 lakh crore

NEW DELHI: Over 9,400 'enemy' properties, worth more than Rs 1 lakh crore, are set to be auctioned with the…

Government amends housing scheme guidelines under PMAY to enhance coverage

NEW DELHI: The Housing and Urban Affairs (HUA) Ministry has amended the guidelines of housing scheme for urban areas under…

Government to discuss bringing real estate under GST next week

New Delhi: The issue of bringing real estate under the GST's ambit will be discussed in the next meeting of…

Trump Towers in Gurgaon clocks Rs 150 crore, sales 20 luxury apartments in 24 hours

New Delhi: Realty firm M3M India on Thursday said it has sold 20 luxury apartments worth Rs150 crore under the…

India should avoid China-like urbanisation: NITI Aayog vice chairman

NEW DELHI: India should not replicate foreign urbanisation models like that of China which may lead to "inequitable and unbalanced"…