Category: Other Cities

Jaiprakash Associates receives a letter from YEIDA with a decision of cancelling the allotment of land.

February 20, 2020

On 18 February, Jaiprakash Associates Ltd (JAL) stated that it has received a letter from the Yamuna Expressway Industrial Development Authority (YEIDA) expressing its decision to cancel Jaypee International Sports’ allotment of land arbitrarily and would contest the case. Jaypee International Sports is a JAL division which entered in October 2015 after its merger. “Jaypee […]

Jaiprakash Associates receives a letter from YEIDA with a decision of cancelling the allotment of land.more

Singapore’s GIC is going to purchase Tech Park in Bengaluru for Rs. 2,500 crore.

February 19, 2020

Singapore’s GIC sovereign wealth fund is the front runner in acquiring Mapletree Investment’s Global Tech Park in Bengaluru for nearly Rs 2,500 crore, in the commercial real estate area of India, with the largest output of private equity (PE). “GIC is now shortlisted and the documentation is in the process while it has not yet […]

Singapore’s GIC is going to purchase Tech Park in Bengaluru for Rs. 2,500 crore.more

Residential sales of 9 leading real estate companies increased by 2% at almost Rs 5,800 crore.

According to property consultant Anarock, housing sales bookings of the top nine listed developers increased by 2% to nearly Rs 5,800 crore during the third quarter of this fiscal year. DLF, Sobha, Puravankara, Prestige Estates, Brigade Enterprises, Godrej Properties, Mahindra Lifespace Developers, Oberoi Realty and Kolte Patil have been included in this sales bookings list. “In […]

Residential sales of 9 leading real estate companies increased by 2% at almost Rs 5,800 crore.more

NMC introduces 5% tax rebate on prompt tax payments.

February 18, 2020

The Nashik Municipal Corporation (NMC) chose to introduce an incentive of up to 5% on the prompt payment of property tax bills for the first quarter of the financial year 2020-21 to collect a maximum property tax. When you pay online, you can get another 1% tax rebate. Those who pay their annual tax in […]

NMC introduces 5% tax rebate on prompt tax payments.more

CREDAI launches Awaas app to help buyers find their desired property.

February 17, 2020

In order to make home buyers buy property easily by reputable developers, The Confederation of Real Estate Developers’ Association of India (CREDAI) has launched an application. The app helps buyers to find their preferred projects and directly contact developers. The app was launched by Chattisgarh RERA Chief Vivek Dhand and by Minister of Transport, Housing […]

CREDAI launches Awaas app to help buyers find their desired property.more

the Sustainable Urban Development programme & Smart Cities in India

Analyst Report: The best cities for property investment in 2020?

The real estate sector witnessed a massive transformation during the 10 years beginning in 2010, especially in markets such as Pune, Bengaluru, Hyderabad, Delhi-NCR, etc. Nevertheless, these towns are now close to saturation, due to the lack of adequate land banks and high prices. However, many emerging cities are likely to become popular destinations in […]

Analyst Report: The best cities for property investment in 2020?more

Credai appeals to the state government for keeping RR rates to be identical for the buyer interest.

February 14, 2020

The Confederation of Real Estate Development Association of India (Credai) has requested the state government to keep ready reckoner (RR) rates unchanged for the next financial year and the existing high rates in some regions. The appeal comes even as local representative district meetings are on in the state for recommendations on RR rates. The […]

Credai appeals to the state government for keeping RR rates to be identical for the buyer interest.more

India Ratings and Research have revised outlook negatively on the construction industry.

India Ratings and Research (Ind-Ra) has maintained an adverse outlook for 2020-21 (April-March) on the overall real estate sector. The government’s stimulus packages for the industry provide little hope, given the limited financial flexibility and restricted availability of credit to businesses. Among players in grade-I residential real estate, commercial and retail project development and operations, […]

India Ratings and Research have revised outlook negatively on the construction industry.more

Residential sector saw an upward trend; sales grew by 5% in December month.

February 13, 2020

The residential property market in the nation is starting to look up. India’s Top 35 real estate markets, including Tier I and Tier II, saw 3 per cent annual growth, as well as 5 per cent sequential growth in sales in the quarter ended December. Of these, 27 cities recorded an upward trend in sales […]

Residential sector saw an upward trend; sales grew by 5% in December month.more

Report: Private Equity investments in the real estate sector rose by 3%.

According to a report by Cushman & Wakefield India, private equity investments in the real estate sector rose by 3% in 2019 to Rs 43,704 crore, accounting for almost half the shares in investment flows for the office segment. In 2019 the office segment received Rs 21,890 crore from institutional investors, which reflects a 50.1% […]

Report: Private Equity investments in the real estate sector rose by 3%.more

Category: Other Cities

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