By Abhay Harish Shah, Realty Quarter For the third time this year, the real estate sector has welcomed RBI’s decision to lower interest rates by 25 basis points. It is expected to lead to a decrease in home loan EMIs and increase affordability for homebuyers. The main challenge, however, is for RBI to ensure that the […]
The RBI rate reduction will enhance the affordability of home purchasers – Latest Updatemore
By Abhay Harish Shah, Realty Quarter The housing market has shown a 13% rise in sales in 7 major cities during January-March 2019. This leads to confidence among real estate and a sign of recovery for the real estate market. In seven towns, namely Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad and Pune, the year-round housing […]
Housing sales have shown a rise in seven major cities – First Quarter Report.more
By Abhay Harish Shah, Realty Quarter In the past few years, real estate developers have faced many challenges because of the frozen market. For the same, in a recent meeting with senior finance ministry officials, the real estate developers were asked to recommend some steps to address such challenges. According to the sources, they were […]
Finance Ministry will exempt rental profits earned by Builders in past 10 years.more
By Abhay Harish Shah , Realty Quarter Piramal Realty, led by Anand Piramal Realty, saw the improvement of housing needs almost four times as high as Rs 3,400crore during 2018-19. In the past fiscal year, Piramal Realty sold nearly 1,000 apartments with more than half of total sales in South Mumbai. In 2017-18, the company […]
Piramal Realty gained 4 times sales booking with Rs 3,400cr in FY’19.more
By Abhay Harish Shah , Realty Quarter The nation’s commercial real estate market is assessed to give 294 million sq. ft of REIT capable space from the current office stock, as per JLL’s recent report titled India REITs Heralding a New Era in Real Estate Investments which was released on Wednesday. These REIT commendable resources […]
India is going to provide 294 million sq.ft of REIT capable space.more