Category: INDIA / WORLD

Centre urges Tamil Nadu to appoint fulltime Chairman of Real Estate Regulation Authority

October 13, 2018

CHENNAI: The Centre has urged the State government to appoint a fulltime Chairman of Tamil Nadu Real Estate Regulation Authority and has hit out at the Southern states’ dismal performance (excluding Karnataka) in registering projects with Real Estate Regulatory Authority. Speaking at a regional workshop, RERA – A New Era of Transparency and Accountability in […]

Centre urges Tamil Nadu to appoint fulltime Chairman of Real Estate Regulation Authoritymore

PMRDA officials to grant homes to people under the Pradhan Mantri Awas Yojana (PMAY) only if they produce their Aadhaar card as ID proof

October 12, 2018

Pune: Those seeking to own a home under the PMAY in Pune will now have to show Aadhaar cards as an ID proof. Failing to do so will make them ineligible for the scheme. This latest development has been confirmed by PMRDA (Pune Metropolitan Region Development Authority) officials. They also stated that they are working on a […]

PMRDA officials to grant homes to people under the Pradhan Mantri Awas Yojana (PMAY) only if they produce their Aadhaar card as ID proofmore

Navi Mumbai ranks 2nd in Ease of Living out of 111 cities, surpassing Greater Mumbai & Thane

Nearly 80% of the overall residential project launches in Navi Mumbai from 2013 to H1 2018 are in the affordable (< INR 40 Lakh) and mid-segment (INR 40 Lakh – INR 80 Lakh) budget range, states a report byANAROCK Property Consultants and CREDAI. The report‘Navi Mumbai – City of Opportunities‘ was released at the Capital Connect event organized […]

Navi Mumbai ranks 2nd in Ease of Living out of 111 cities, surpassing Greater Mumbai & Thanemore
Home Loan

Bankers Are Worried About Sky- High Commercial Real Estate Prices

October 11, 2018

Janet Yellen recorded the warning a day before stepping down as Federal Reserve chair in February: Commercial real estate prices look strikingly high. Her successor, Jerome Powell, flagged it again a month later. Analysts at Goldman Sachs Group Inc. tried in May to put a number on it: Properties may be overvalued as much as […]

Bankers Are Worried About Sky- High Commercial Real Estate Pricesmore

New York’s luxury real-estate market is crashing

New York is a great city that has been hollowed out by real-estate speculation, where the conversion of housing to safe-deposit boxes in the sky has pushed out the city’s people and the city’s businesses, who can’t compete with financiers and oligarchs who value property as an investment, rather than as part of the fabric […]

New York’s luxury real-estate market is crashingmore

RK’s Home Solution To Take ‘Zero Brokerage’, Real Estate Agents Confused

October 10, 2018

MUMBAI: R.K’s Home Solutions has shaken up the Real Estate Broker’s by its latest advertisement of ‘Ab 2% Dalali Bandh’ (Now no 2% brokerage) only nominal service charge which is refundable after 6 years with T&C. “In order to showcase our efforts of eliminating the 2% brokerage system from Maharashtra by bringing in nominal Service […]

RK’s Home Solution To Take ‘Zero Brokerage’, Real Estate Agents Confusedmore

Real Estate developers turn to IoT, Artificial Intelligence to woo home buyers

nternet of Things (IoT) and Artificial Intelligence (AI) are no longer buzzwords even for real estate developers as they increasingly deploy these as well as home automation to lure homebuyers. Developers are warming up to the idea of incorporating home automation products to their offering, a late addition to the standard amenities list so far. […]

Real Estate developers turn to IoT, Artificial Intelligence to woo home buyersmore

Real estate transactions, enquiries by NRIs on the rise as rupee depreciates

The depreciation has put more rupees in NRIs’ hands, making properties cheaper for them than they were earlier. As a result, there is an improvement in both inquiries and transactions by NRI in the real estate sector. “The charms to own a property back in their country of origin makes NRIs consider real estate as […]

Real estate transactions, enquiries by NRIs on the rise as rupee depreciatesmore
Bengaluru

Forging India-UAE property ventures

October 9, 2018

CHENNAI: Dubai-based private developer DAMAC’s general manager and son of the chairman, Ali Hussain Sajwani visited Amir Mahal, the ancestral residence of the Prince of Arcot, Nawab Mohammed Abdul Ali, to pay a courtesy call to the Prince on his first trip to India. The Dewan to Prince of Arcot, Nawabzada Mohammed Asif Ali, said that the […]

Forging India-UAE property venturesmore

SBI And LIC Offer Loans At Concessional Rates For Flood Affected Kerala

October 8, 2018

SBI, LIC Housing Finance and Muthoot Home are offering loans for concessional rates for renovating homes to help those affected in the flood-affected state of Kerala. SBI, LIC and Muthoot Home Monday are offering loans on concessional rates for the repair and renovation of homes for flood-affected Kerala. The SBI (State Bank of India) will […]

SBI And LIC Offer Loans At Concessional Rates For Flood Affected Keralamore