Category: Chennai

VBHC announces pre-launch of the “VBHC Rowland Park” in Palghar

January 26, 2022

The project offers modern amenities at affordable prices, and it is the only row house development in the region. Mumbai, 17th December 2021: VBHC Value Homes Private Limited (formerly known as Value and Budget Housing Corporation Private Limited), today announced the pre-launch of their new project “VBHC Rowland Park”, in Palghar, Maharashtra. The Rowland Park […]

VBHC announces pre-launch of the “VBHC Rowland Park” in Palgharmore

In the event of a lockdown, retailers have stated that they will only pay rent in proportion to their actual business.

July 16, 2021

The top retailers and restaurant chains such as Reliance Retail, Madura Fashion & Lifestyle, Domino, Plum by Bent Chair, Mamagoto, Farzi Café, Lee, Wrangler & Cafe Warehouse, etc., insist on introduction of clauses in all new leases, which state that in the event of government-mandated closures of stores and business, they do not pay rent […]

In the event of a lockdown, retailers have stated that they will only pay rent in proportion to their actual business.more

Interview of Mr. Pradeep Agarwal, Founder & Chairman – Signature Global Group

November 26, 2020

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

Prices of houses reduced by 7% during July-September

October 12, 2020

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

ICRA predicts overall real estate inventory to decrease by 40-60%.

August 29, 2020

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

HDFC bank pays 20% less rent to the landlord due to pandemic lockdown.

August 27, 2020

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

Housing Minister notifies about 3.65 crore jobs creation through the PMAY-Urban.

August 18, 2020

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

Can a government relief really going to revive the real estate sector?

April 28, 2020

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

Government to consider GST relief package to aid with the impact of COVID-19.

April 27, 2020

India is considering a relief package for Goods and Services Tax (GST) to fight Covid-19’s effect and help support the economy, said people with knowledge of the issue. The package under consideration could include a six-month suspension of GST payments for the worst-hit sectors such as restaurants, aviation and hospitality and a lower rate for […]

Government to consider GST relief package to aid with the impact of COVID-19.more

The central government is going to replicate Maharashtra’s drone survey across the country for property validation.

April 24, 2020

The central government is seeking to take a leaf out of the drone survey carried out by the state government to map housing in rural areas and replicate it across the country. Last year, the first survey of state property using Unmanned Aerial Vehicles (UAVs) was conducted at Sonori village in Pune District to map […]

The central government is going to replicate Maharashtra’s drone survey across the country for property validation.more