Tag: #real estate

The Real Estate Industry’s Future: How Technology is Changing It

April 17, 2023

The real estate sector is going through a significant shift as technology continues to grow at an unheard-of rate. Technology is transforming how we purchase, sell, and manage real estate, from virtual home tours to blockchain-based property transactions. Virtual and augmented reality (VR and AR) utilization is one of the most significant ways technology is […]

The Real Estate Industry’s Future: How Technology is Changing Itmore

E-registration of new real estate units is gaining traction in Maharashtra.

January 19, 2023

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

The Madras High Court has upheld a property tax increase in Chennai and Coimbatore.

December 28, 2022

CHENNAI: The increased property tax regime in Chennai and Coimbatore corporations is unavoidable. The Madras high court upheld the legal implications of a government order rising it in the two cities on Tuesday. Despite dismissing a slew of petitions challenging the councils’ resolutions and the subsequent GO raising the property tax, Justice Anita Sumanth reserved […]

The Madras High Court has upheld a property tax increase in Chennai and Coimbatore.more

Real estate private equity investment fell 17% to $5.13 billion.

December 19, 2022

NEW DELHI — According to Knight Frank India, private equity real estate investment fell 17 % this year to USD 5.13 billion as investors became cautious amid geopolitical and inflationary concerns. Private equity (PE) investment, in both pure equity and debt form, fell in the housing, office, and retail segments in 2022, while it increased […]

Real estate private equity investment fell 17% to $5.13 billion.more

Builders have asked the Rajasthan government to eliminate double taxation in real estate transactions.

December 13, 2022

JAIPUR: During a meeting with Principal Secretary (Finance) Akhil Arora, the state’s real estate developers stated that they pay stamp duty when purchasing land and signing development agreements. Once again, when they sell the housing units, the buyers must pay stamp duty. “The stamp duty and registration fees are charged twice for the same land,” […]

Builders have asked the Rajasthan government to eliminate double taxation in real estate transactions.more

In one month, the Nashik civic body collects Rs 11 crore from property tax defaulters.

December 8, 2022

NASHIK: The Nashik Municipal Corporation’s (NMC) decision to play the drums in front of large property tax defaulters’ houses is yielding positive results, with the civic body collecting Rs 11 crore in pending property tax from the defaulters in the last month. NMC has been sending teams to big defaulters’ homes and commercial establishments at […]

In one month, the Nashik civic body collects Rs 11 crore from property tax defaulters.more

Certus Capital invests Rs30 crore in a Prabhadevi housing project.

November 28, 2022

Certus Capital’s digital neo-financing platform Earnnest.me has decided to invest over Rs30 crore in a premium boutique residential development of real estate developer EON Group in Mumbai’s Prabhadevi neighborhood. The investment with EON Group is part of Certus Capital’s strategy to deploy approximately Rs 500 crore in senior secured real estate credit deals through Earnnest.me […]

Certus Capital invests Rs30 crore in a Prabhadevi housing project.more

Housing demand in India is up 7.3% year on year, while supply is up 6%.

October 29, 2022

NEW DELHI: According to the Magicbricks Proplndex report for Q3, 2022, aggregate demand (searches) in India’s top 13 cities increased 7.3% YoY (year on year), while cumulative supply (listings) increased 6.0% YoY. According to the report, aggregate demand and cumulative supply fell slightly year on year (quarter on quarter). Greater Noida, Gurugram, Bengaluru, and Mumbai […]

Housing demand in India is up 7.3% year on year, while supply is up 6%.more

Indiabulls Commercial Credit Buys a Property in South Delhi for Rs 60 Crore.

October 15, 2022

IBCCL, a wholly owned subsidiary of Indiabulls Housing Finance Ltd. (IBHFL), has paid Rs 60 crore to Sheela Gehlot, wife of Ambience group promoter Raj Singh Gehlot, for four floors in Anand Lok in south Delhi. The house is situated on a 780-square-yard lot, with the first four floors being registered separately. According to documents […]

Indiabulls Commercial Credit Buys a Property in South Delhi for Rs 60 Crore.more

MahaRERA increases the number of checks required to register projects.

September 26, 2022

The Real Estate (Regulation and Development) Act currently has 37,823 projects registered in the state. According to a Maharashtra Real Estate Regulatory Authority (MahaRERA) official, applications for 1,096 projects are being finalized. PUNE: For the benefit of consumers, builders who register their projects with MahaRERA will now face stricter scrutiny. The state currently has 37,823 […]

MahaRERA increases the number of checks required to register projects.more

Tag: #real estate

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