Category Archives: Real Estate
‘Real estate mafia responsible for destruction of envt’
Legislative council former chairman B L Shankar said that the real estate mafia is responsible for the destruction of the Western Ghats and farming activities have not harmed the nature. Speaking at a session on challenges on entrepreneurship and employment generation in the district, at the Zilla Kannada Sahitya Sammelana, on Saturday, he said, “Forest Department officials are responsible for Read More
Real estate outlook: 6 trends that may shape the property market in 2019
Divya Seth Maggu Moneycontrol Contributor The Indian real estate sector has been evolving over the past few years. It has witnessed both flux as well as growth and this is likely to be the trend in 2019 as well. Owing to numerous reforms introduced, the sector has gone through changes in the tax, regulatory as well as the business environment. Read More
What To Expect For Real Estate Sector In Budget. Here’s A List
Union Budget 2019: The real estate sector has faced a slack in the recent past The government is due to present Interim Budget 2019 in Parliament on February 1. For the real estate sector, a slowdown in demand across segments has highlighted many challenges ahead. The real estate sector – which relies highly on borrowings – has faced a slack in the Read More
2018 Rear View Mirror: 2019 Has Strong Growth in Cards For Real Estate
According to a joint report by CREDAI and JLL, India’s real estate sector is projected to reach $180 billion by 2020 from $126 billion in 2015. As the growth trajectory looks strong, let’s take a look at how 2018 ushered the massive structural changes in, and what 2019 looks like for Indian real estate. 2018: The Year of Change The Read More
Real estate sector turns corner; housing sales surge 6% in 8 major cities
Housing sales rose 6% in calendar year 2018 in eight major cities as developers reduced prices and offered indirect discounts to lure customers, property consultant Knight Frank India has said in its latest report. Sale of residential units increased in six cities — Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad and Ahmedabad — but declined in two cities — Kolkata and Pune. Read More
Airport Authority Threatens To Seize Sahara’s Mumbai Hotel
Hotel Sahara Star is located on 30,047 sq. meters on the Western Express Highway. Mumbai: In yet another blow to the beleaguered Sahara Group, the Airports Authority of India (AAI) has terminated the lease of the posh Hotel Sahara Star and threatened on Friday to seize the prime property situated outside Mumbai Airport. The AAI Western Region (AAI-WR) slapped a notice Read More
Indians Biggest Foreign Investors In Dubai Real Estate: Report
Indians have invested hugely in Dubai realty in the first nine months of 2018. Mumbai: Expecting high returns, Indians have invested hugely in Dubai realty in the first nine months of 2018, making them the largest chunk of all foreign investors in the sector, according to the latest statistics of the Department of Real Estate Studies & Research, Dubai Land Department Read More
Gautam Gambhir Gets Warrant For Skipping Real Estate Fraud Case Hearing
Gautam Gambhir as the brand ambassador is accused of luring people to invest in the fraudulent project. New Delhi: A Delhi court on Wednesday issued bailable warrants against retired cricketer Gautam Gambhir for not appearing before it despite repeated summons in a case related to alleged cheating of flat buyers in a real estate project. In a complaint, 17 flat Read More
Explained: Rules you need to follow for withdrawing PF
Fmployees working in a corporate setup or registered employees in an organisation are entitled to Provident Fund (PF), a popular pension scheme for each and every employee working in an organisation having over 20 members. Once a member’s PF is registered, the contributions in the fund keep swelling as they continue to work in one organisation or more. In case Read More
Goodbye to bidding wars: Some of the hottest housing markets are falling the hardest
Mike Kane | Bloomberg | Getty Images Potential homebuyers attend an open house in Seattle. It was just last spring that home buyers in most of the nation were digging ever deeper into their pockets, bracing for a bidding war on whatever property they chose. And now, suddenly, they’re not. Home sales have slowed to a crawl nationally, and it’s Read More