NEW DELHI: One of the most pressing requests from the real estate industry for the upcoming Budget of 2023 is a reduction in home loan rates. With this being Prime Minister Narendra Modi’s final budget before the primary elections in 2024, there are high hopes. According to Samyak Doshi, director of Bhoomi Group, there should […]
Budget 2023 is expected to provide a boost to the real estate industry.more
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Almost 7% of India’s annual GDP is generated by one of the fastest-growing industries in the nation: real estate. Following the epidemic, there is a much higher demand for real estate, particularly residential housing. To meet this growing demand, ICICI Bank created a digital banking STACK for real estate, which enables builders, real estate investment […]
Real estate sector’s full digital banking solution is ICICI Bank’s STACK for real estate.more
AHMEDABAD: On Monday, a division bench of the Gujarat high court upheld a single judge’s decision to allow the redevelopment of a housing society in the Vejalpur neighborhood because more than 75% of the flat owners had agreed to it and the Ahmedabad Municipal Corporation (AMC) had also granted permission for new construction. In the […]
The Gujarat High Court upholds the decision authorising the renovation of Vejalpur’s society.more
PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has permitted developers to apply for project extensions without the consent of 51% of homebuyers in the respective units. Homebuyers are concerned that MahaRERA’s decision will cause additional delays in the completion of projects that have already missed deadlines. A project is considered “lapsed” if the developer […]
Maharashtra RERA relaxes project extension rules that have expired.more
HNI’s, Investors, Buyers and Channel Partners Meet 2023 DUBAI (16th Edition) Day & Date: Saturday, 18th March, 2023 REALTY QUARTER is excited to announce the 16th edition of its highly-anticipated HNI (High Net-worth Individuals) and Investor Meet event. This premier event brings together some of the most successful and influential players in the real estate […]
16th Edition of HNI’s, Investors and Channel Partners Meet – Connect with Industry Leaders and Discover New Opportunitiesmore
HYDERABAD: Income tax (I-T) investigators have searched three real estate firms in the city for possible tax evasion. On Wednesday, several I-T teams searched the offices of Oorjita Builders and Developers, Sri Aditya Homes, and other firms, as well as their promoters, in Jubilee Hills, Banjara Hills, Karkhana, Madhapur, Gandipet, and other areas. I-T sleuths […]
In Hyderabad, the Income Tax Department searches for builders.more
PUNE: Developers in Maharashtra are increasingly registering first-sale units online through their respective offices. The number of such developers has increased from 129 in December 2022 to 170 this month. The system, which saves developers and home buyers from visiting sub-registrar offices to register properties, is gaining popularity not only in Pune, Mumbai, and Thane […]
E-registration of new real estate units is gaining traction in Maharashtra.more
KOLKATA: The Kolkata Municipal Corporation (KMC) assessment department has decided to extend the deadline for switching to the new system in order to bring more taxpayers under the Unit Area Assessment (UAA) system for determining property tax. Though the civic leadership does not want an official announcement, the tax conversion process will continue, according to […]
The city of Kolkata has granted more time to transition to the new property tax system.more
CHANDIGARH: The Chandigarh Housing Board (CHB) has decided to build 340 flats rather than 492 at a cost of Rs 208.65 crore in its Sector 53 housing scheme. Around 100 one-bedroom flats will be demolished, and the number of flats for the economically disadvantaged (EWS) will be reduced from 80 to 48. According to the […]
In Sector 53, the Chandigarh Housing Board will build 340 flats instead of 492.more