By Anuj Kejriwal, MD & CEO – ANAROCK Retail There is so much talk of the death of brick-and-mortar retail as a consequence of the aggressive advent of e-commerce into the country, when the fact is that shopping malls have just got started in India – and they are definitely here to stay. As developers […]
Indian Malls – Change is the Only Constantmore
By Realty Quarter Bureau Piramal Capital & Housing Finance, a subsidiary of Piramal Enterprises Limited, has sanctioned an approximately Rs 200 crores facility to the Appaswamy Group (Appaswamy), via a structured equity transaction, to enable the acquisition of 3.34 acres (nearly 60 grounds) of land in Kotturpuram, in the heart of Chennai. Appaswamy acquired this land […]
Piramal Capital & Housing Finance funds Rs.200crore to Appaswamy Group Chennaimore
By Realty Quarter Bureau Housing loans of up to Rs 35 lakhs, for dwellings costing less than Rs 45 lakhs, will be treated as priority sector lending (PSL), to give a fillip to the low-cost segment, the Reserve Bank said, on June 19, 2018. PSL loans are relatively cheaper than market interest rates. “With a […]
RBI raises the housing loan limit for low cost homes segmentsmore
By Realty Quarter Bureau The West Bengal government has announced a housing project, ‘Nijoshree’, under which two categories of flats would be provided to people, whose monthly earnings are not above Rs 30,000. The two categories of residential flats would have one and two bedrooms, the state’s urban development minister, Firhad Hakim said. The decision […]
Kolkata govt. announces housing project for salaried people less than 30K and less: UD Minister Firhad Hakimmore
By Realty Quarter Bureau Shillong has been selected as the 100th city to receive funding under the Centre’s flagship Smart Cities Mission after evaluation of the proposal submitted by it, the Housing and Urban Affairs ministry said on Wednesday. The ministry had, till now, kept on hold the final slot for the Smart Cities Mission for […]
Shillong to be the 100th city under Smart Cities Missionmore
By Sukhdeep Aurora, Chief People Officer – ANAROCK Property Consultants Open offices are a new-age commercial spaces trend which is catching up across the globe, including in India. Improving wireless technology to suit changing business requirements is truly an enabler for this transformation. Millennials and globe-trotters today account for a large and ever-increasing share of […]
India Inc. Goes Global with Open Officesmore
By Prashant Thakur, Head – Research, ANAROCK Property Consultants Project delays are one of the most alarming issues historically dogging the Indian real estate sector. The dearth of effective planning and execution of construction activities, escalating construction costs, approval delays, diversion of allocated funds to other projects and tepid sales are some of the predominant […]
Realty 2018 – Can NCR Deliver on its Promises?more
By Realty Quarter Bureau Three days after mandating parent documents for registering properties, the registration department has eased the process. Now, the sub registrar offices will accept statement from banks that they were in possession of the parent documents, in case of mortgage. This apart, a written undertaking is necessary for laminated parent document that […]
Parent documents mandatory for land registrations in Tamil Nadumore
By Realty Quarter Bureau The authority will certify trainers to train workers for the real estate industry. MahaRERA chief Gautam Chatterjee said the training will help the labour force deliver projects of better quality, which will eventually be graded. “Consumers can access the grades given to the projects on the MahaRERA website,” said Chatterjee. […]
MahaRERA will provide skilled work certificate for better quality of constructionmore
Gautam Chatterjee, the chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA), is all set make title insurance mandatory for registered developers. This comes after insurance companies expressing interest in providing title insurance for the real estate projects. Though the RERA had made land title insurance mandatory for developers, the state unit was not able to implement the clause right away […]
MahaRERA Chief Gautam Chatterjee set to make land title insurance mandatorymore
