Anuj Puri, Chairman – ANAROCK Group With the fundamentals of the Indian economy remaining strong despite all global headwinds and inflation well under control, the RBI once again decided to keep the repo rates unchanged at 6.5%, thus extending the festive bonanza that it gave to the homebuyers in its last two policy […]
Stable Repo Rates to Keep Residential Momentum Goingmore
Sobha continues to exhibit a strong performance, driven by robust sales momentum and operational discipline Bangalore, 7 February 2024 Sobha Limited (SOBHA) announced its financial results for the quarter ending December 31, 2023 (Q3FY24). Reported strong results with impressive sales and operational growth across all regions. Brief highlights include: Achieved highest ever collection, realisation and […]
SOBHA_Quarterly-financial-results_Q3-2024more
Resort homes near Mumbai witness an uptick in demand, post-infrastructural boost Holiday Homes market growing at a rate of 23.6%: Research The travel bug has caught the imagination of the Indian people and we are seeing the highest figures recorded ever, in the last two to three years. Domestic tourism is seeing a […]
Trend of Kamanewala Ghar on the rise in Indiamore
Funds to be deployed into the Firm’s overall business growth and industry-leading Proptech platforms Collaboration to create further value for ANAROCK customers in the fast-growing Indian real estate sector New tech development to leverage Indian real estate potential to surpass USD 1 Tn by 2030 Mumbai, 5 February 2024 – ANAROCK, a leading Indian independent real […]
ANAROCK raises ~INR 200 Cr (USD 25 Mn) funding from 360 ONE Assetmore
AHMEDABAD: With the dramatic increase in home loan disbursals and the number of applicants, many people in the state are starting to fulfill their dream of owning the house of their dreams. D emand for homes in both the budget and luxury categories has been fueled by rising disposable incomes and increased aspirations. According to […]
Report: 71% of house loans in Gujarat were taken out in Q3FY24.more
BENGALURU: The BBMP chief commissioner cannot, the high court said, demand that 50% of the property tax that was allegedly under-assessed be paid in full upfront before issuing an order under Section 144 (15) (e) of the BBMP Act. This was mentioned by Justice S. Sunil Dutt Yadav in his interim ruling last Friday, which […]
The local authority of Bengaluru cannot demand upfront payment of the 50% tax differential: HCmore
MADURAI: High-level committees would be established in corporations and municipalities throughout the state to monitor and prevent unauthorized projects, the state notified the Madras High Court on Thursday. The state contended that the government had called a meeting by a previous directive that suggested the creation of committees to oversee and stop unauthorized building in […]
Panels will be established to stop unauthorized building: Tamil Nadu to the High Court.more
In the dynamic landscape of financial prosperity, the wisdom of esteemed American author Robert Kiyosaki resonates – real estate, even on a modest scale, stands as a timeless avenue for fostering cash flow and accumulating wealth. As young investors navigate the ever-evolving world of financial opportunities, a frequently overlooked yet promising asset class emerges: farmland. […]
Sowing Seeds of Wealth: Why Young Investors Should Consider Farmland in Their Investment Portfoliomore
To expedite the resolution of cases, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) began a pre-hearing review of complaints on Monday. Homebuyers and promoters can file complaints through the e-courts facility provided by UP RERA. On December 2, 2023, it released updated standard operating procedures (SOP) for the submission, review, and hearing of […]
To assist homebuyers, UP-RERA begins pre-hearing review of complaints.more
MUMBAI: Property tax collections for 2023–2024 were downsized by BMC from Rs 6,000 crore to Rs 4,500 crore. Its total collection up to January 3 was just Rs 606 crore. Property tax bills for apartments up to 500 square feet must still be issued by BMC. During his budget speech on Friday, BMC commissioner Iqbal […]
Property tax collection delays since Mumbai’s 2023–24 invoices are still pending.more
