Category: NCR Region

Property Auction

IOB will e-auction more than 500 properties spread across different cities.

October 17, 2019

More than 500 properties worth over Rs 800 crore located in Chennai, Coimbatore, Mumbai, Kolkata, Delhi, Bengaluru and Hyderabad will be sold through digital auction by the public sector bank India Overseas Bank (IOB). On 21 October 2019 and 30 October 2019, the mega e-auction will take place. For the e-auction, the public sector bank has associated with […]

IOB will e-auction more than 500 properties spread across different cities.more
Aadhaar

UIDAI approach to link property with Aadhaar number to prevent black money, Delhi HC seeks clarification.

October 16, 2019

On October 15, the Delhi High Court sought the Unique Identification Authority of India (UIDAI) response on the demand to link movable and immovable property documents with the Aadhaar number to prevent corruption, black money and benami transactions. UIDAI, which issues a 12-digit unique identification number called Adhaar, received a notice from a bench of […]

UIDAI approach to link property with Aadhaar number to prevent black money, Delhi HC seeks clarification.more
Developer reducing in India

Southern Cities experienced a decline in residential demand, whereas Mumbai and Pune saw a 33% increase during the same period.

Unlike before, the heat of the total residential slowdown in 2019 begins to feel in the resilient markets of South India according to a report. According to recent research by ANAROCK, in the first three-quarters of 2019 residential sales dropped by 5% compared to the corresponding period in 2018 in Bengaluru, Hyderabad and Chennai. Whereas, The Western […]

Southern Cities experienced a decline in residential demand, whereas Mumbai and Pune saw a 33% increase during the same period.more
MahaRERA

MahaRERA declares SROs to be registered by the realty developers and project promoters.

October 15, 2019

The Maharashtra Real Estate Regulatory Authority has proposed registering realty developers and project promoters Self-Regulatory Organization (SROs) along with the authority. According to the regulator, this will help improve the integrity of property builders, strengthen their practices, uphold the code of conduct and prevent dishonest promoters. The regulator specified in a circular, SRO registration shall be […]

MahaRERA declares SROs to be registered by the realty developers and project promoters.more
RBI

RBI reviews the ongoing slowdown and the economic situation happening in various sectors.

October 12, 2019

On Friday, the Central Board of the Reserve Bank of India (RBI) reviewed the current economic situation, international and domestic problems and various fields of activity. The analysis is taking place in the midst of a more marked economic slowdown and recent PMC loan manipulations flagging a new threat to banking governance and NPA frauds. […]

RBI reviews the ongoing slowdown and the economic situation happening in various sectors.more

Gurugram Real Estate – Q1 2018 vs Q1 2017

July 2, 2018

By Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants Residential Real Estate The Millennium City of Gurugram has a very prominent place on India’s residential real estate map and is considered a bellwether of the state of the market for NCR. If we study what happened in the city’s housing market in the first quarter of 2018 against […]

Gurugram Real Estate – Q1 2018 vs Q1 2017more

Haryana housing societies have to charge Rs 10,000 as transfer fee

June 27, 2018

By Realty Quarter Bureau The Haryana government has notified the Haryana Registration and Regulation of Societies (Amendment) Rules, 2018, under which housing societies cannot charge more than Rs 10,000 as transfer fee in case of change of ownership of an apartment. According to the notification issued last week, the Society will also fix maintenance charges. These charges […]

Haryana housing societies have to charge Rs 10,000 as transfer feemore