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
Prime Minister Narendra Modi stated on Saturday that the average housing construction time for the Pradhan Mantri Awas Yojana (PMAY-Gramin) were 45 to 60 days against 125 days at the time of the pandemic, as migrant workers returned home during lock-down and contributed towards it. He said that under the PMAY, during the coronavirus phase, […]
Prime Minister speaks about the rapid construction of PMAY houses during the pandemic period.more
Hyderabad- Revenue reforms will not only benefit property owners that run around for mutation (transfer of ownership) but will also simplify the process of property tax assessment for those residing within the GHMC limits. Earlier, the buyer had to go to the GHMC’s citizen service centre, along with a demand draft, latest encumbrance certificate, affidavit, […]
Revenue reforms will simplify the process of property tax assessment.more
The new real estate hotspot of the city is a 30-km stretch along the Srisailam Highway— 45 minutes from Gachibowli. Reason: the Hyderabad Pharma City (HPC). Although this large ticket business has been underway in Dasara for sometimes, government officials have confirmed it is finally being routed. This led to major activities along the highway, […]
The new real estate hotspot, Hyderabad Pharma City (HPC).more
In order to accurately map land areas across the district, the Gurugram Metropolitan Development Authority (GMDA) has launched a survey using Geographic Information System (GIS) technology. The method of land demarcation will be modernised. The decision was made after officers of GMDA were informed of illegal land invasions, which they were not aware of. Marking […]
GMDA initiates Geographical Information System to prevent land scams.more
Soon, students in Gujarat and those coming from other states will be likely to take advantage of rental homes at a much cheaper price than the market price. The Gujarat Government is expected to announce its latest Affordable Rental Housing Complex (ARHC) scheme within a week or two. Under the ARHC program, the organization is […]
Government is expected to announce its latest Affordable Rental Housing Complex (ARHC).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
Recognised for exemplary collaboration with Singapore firmsin India and Indonesia Singapore, 28 August 2020 – CapitaLand has received the top SGBuilds Star Award by the Building Construction Authority of Singapore (BCA) for the Group’s exemplary collaboration with Singapore firm L&W Construction Private Limited (L&W) to develop International Tech Park Pune, Kharadi (ITPP-Kharadi) in India. CapitaLand […]
CapitaLand is first to win top BCA SGBuilds Star Award for developers for expanding Singapore’s foothold overseas.more
The city council agreed to pay Rs 20 crore to complete the land acquisition for the Chandni Chowk flyover project owned by defence establishments. The sum will be transferred phase by phase to the National Highways Authority of India (NHAI). In the case of obtaining 0.48 hectares in the name of the Pune Municipal Corporation, […]
PMC to acquire land owned by defence establishments for Rs 20 crore.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