Q1: Realty & Sustainability Confluence and Awards 2020” by ASSOCHAM and MoHUA is big news. Why ASSOCHAM felt the need for something like this? What role is expected to play among developers as well as buyers? Ans – When the times are tough, any sort of motivation works wonders and Awards like these will certainly […]
Interview of Mr. Pradeep Agarwal, Founder & Chairman – Signature Global Groupmore
The Central government has recently launched an important scheme for people living in rural areas. Its name is the Government’s ‘Ownership Scheme’. Prime Minister Narendra Modi launched the scheme on 24 April 2020 on National Panchayati Raj Day. They will be given property cards. Introducing the scheme, the PM distributed property cards to some people. […]
What is the Government’s “Ownership Scheme”?more
Knight Frank India, a property consulting company, said the average prices of homes in the six major cities of the country declined by two to seven per cent during July-September. These cities are Delhi-NCR, Mumbai, Chennai, Pune, Kolkata and Ahmedabad are included. However, the average house prices in Bangalore and Hyderabad rose by three and […]
Prices of houses reduced by 7% during July-Septembermore
Smart parking is going to be launched on 10 CBD roads in a month. BBMP planned to introduce the system on 85 roads with a particular emphasis on Central Business District (CBD). Initially, the facility is accessible on 10 roads. The project is being implemented according to the Public-Private Partnership (PPP) model and includes the […]
BBMP plans to launch smart parking on 10 CBD roads in a month.more
ICRA expects the combined sales volume of the completed and under-structured inventory to decrease by 40-60% due to Covid-19 for the current year. The preference for a completed inventory is therefore expected to continue to favour developers with a greater share of these projects. It anticipates that expenditure on ongoing projects will decrease by approximately […]
ICRA predicts overall real estate inventory to decrease by 40-60%.more
Recently, the owner who leased his four-story building at the Regional Office of the HDFC Bank in Indore paid a 20% lower rent from the HDFC Bank. The landlord had no choice but to accept this since he could not know whether he could get another customer to occupy all four floors of the building. […]
HDFC bank pays 20% less rent to the landlord due to pandemic lockdown.more
Union Minister Hardeep Singh Puri said on Tuesday that approximately 3.65 crore jobs would be created in the development of apartments and houses approved by the country’s Pradhan Mantri Awas Yojana (Urban). Puri further said 1.65 crore jobs have already been generated under the PMAY (U), during a webinar, arranged by the Confederation of Indian […]
Housing Minister notifies about 3.65 crore jobs creation through the PMAY-Urban.more
India’s pandemic-crushed in and around Bengaluru and Hyderabad commercial property renting market that is being sprouted up by deals also major cities such as Mumbai and NCR see changes going back to normal. Negotiation with builders is done by Apple for a 350,000 sqft office space in Bengaluru which will work its global markets, and […]
Apple is likely to get 3.5-lakh sqft of office space in Bengaluru.more
SPL is planning to launch 4-5 plotted development projects this year, through a strategic partnership with SLV Infra Projects Bengaluru, 1 June 2020: Shriram Properties Limited (SPL), one of South India’s leading residential real estate development company, announced further expansion of its plotted land development portfolio through a strategic partnership with SLV Infra Projects, which […]
Shriram Properties expands its plotted development portfolio; Partners with SLV Infra Projectsmore
Zooming through numerous webinars on the revival of real estate sector one should have noted that prominent recommendations included goods and services tax (GST) input credit, a reduction in GST rates, a reduction in municipal charges, limited period zero stamp duty, etc. to revive the industry. There is no question that several of these steps […]
Can a government relief really going to revive the real estate sector?more