Tag: #Latest News

Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

Pending home sales in the United States fell for the second month in a row in July.

September 1, 2021

Contracts to acquire previously owned houses in the United States fell for the second month in a row in July, reflecting limited availability that has been unable to keep up with demand from potential purchasers. The National Association of Realtors (NAR) said on Monday that its Pending Home Sales Index, which is based on contracts […]

Pending home sales in the United States fell for the second month in a row in July.more

The Royal Twinkle, Citrus Check Inns properties will be auctioned off by the SEBI on September 25.

August 31, 2021

Sebi, the capital markets regulator, has scheduled 97 Royal Twinkle Star Club and Citrus Check Inns properties for auction on September 25 at a reserve price of more than Rs 350 crore. The move is part of the Sebi’s endeavour to recover cash worth thousands of crores of rupees obtained by firms under the guise […]

The Royal Twinkle, Citrus Check Inns properties will be auctioned off by the SEBI on September 25.more

MahaRERA asks Ekta Housing to repay the buyer after the project is completed

August 30, 2021

The Maharashtra Real Estate Regulatory Authority (MahaRERA) may enable you to withdraw from a project if the developer has already delayed possession and you wish to leave. In a dispute between a flat buyer, Surajkumar Rajendra Rai, and Ekta Housing over the delayed Virar project Brooklyn Park Phase IV, MahaRERA chairperson Ajoy Mehta has ordered […]

MahaRERA asks Ekta Housing to repay the buyer after the project is completedmore

According to the court, even though CHS has a panel, the builder is responsible for shoddy construction.

August 27, 2021

A session’s court decided in favour of a Bhandup CHS and affirmed a lower court judgment on a complaint against the builder for inadequate building, observing that simply because a society’s operations are handled by committee members, a builder cannot exonerate himself in case of bad construction. The magistrate had properly noted, according to the […]

According to the court, even though CHS has a panel, the builder is responsible for shoddy construction.more

India and the Asian Development Bank have agreed to a $500 million loan to develop the Bengaluru metro rail network.

August 25, 2021

On Monday, India and the Asian Development Bank (ADB) signed a $500 million loan agreement to extend Bengaluru’s metro rail network with the construction of two new metro lines totalling 56 kilometres in length. The agreement was signed by India’s Additional Secretary, Economic Affairs, Rajat Kumar Mishra, and the lender’s Country Director of ADB’s India […]

India and the Asian Development Bank have agreed to a $500 million loan to develop the Bengaluru metro rail network.more

The Government has approved the construction of 16,488 new homes under PMAY-Urban.

August 19, 2021

According to a statement, the government approved the building of 16,488 homes in urban areas under the Pradhan Mantri Awas Yojana on Monday, bringing the total number of units sanctioned to more than 1.13 crore. According to the Union Housing and Urban Affairs (HUA) Ministry, the decision was made at a meeting of the Central […]

The Government has approved the construction of 16,488 new homes under PMAY-Urban.more

Dubai has become one of the top cities in terms of capital value growth.

August 17, 2021

According to a report released on Monday by a leading global real estate advisor, Dubai ranks among the 30 prominent global cities with positive capital value growth for prime residential properties during the first six months of 2021, as the resilience of the world’s residential property markets continued unabated in the first half of 2021 […]

Dubai has become one of the top cities in terms of capital value growth.more

Mumbai witnesses 10-year high property registrations in July 2021

August 13, 2021

Mumbai recorded property sales of 9037 units in July 2021 compared to 7857 units registered in June 2021, indicating a month-on-month growth of 15 percent. The registrations in July 2021 are also a 10-year high recording the highest sales numbers since July 2012. The property registrations data showed that 53 per cent of registrations in […]

Mumbai witnesses 10-year high property registrations in July 2021more

MahaRERA offers builders a six-month extension to complete projects.

August 10, 2021

On August 6, the Maharashtra Real Estate Regulatory Authority granted builders a six-month extension to complete projects by approving their request to invoke the ‘force majeure’ clause due to the second wave. This is the second time the authority has provided such a relief to the state’s builders during the pandemic. “All MahaRERA registered projects […]

MahaRERA offers builders a six-month extension to complete projects.more

Dubai property is currently 14% less expensive for an Indian buyer than it was in 2015.

August 5, 2021

Dubai: Buying property in Dubai is still relatively inexpensive for an investor from India or the United Kingdom, compared to what they would have paid in 2015. This is because Dubai house prices have fallen from their 2015 peak — and partly because these foreign investors are benefiting from currency swings. According to a new […]

Dubai property is currently 14% less expensive for an Indian buyer than it was in 2015.more

Tag: #Latest News

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