Tag: #real estate

Nirmala Sitharaman

Nirmala Sitharaman held meetings to discuss real estate sector issues and measures to be taken to strengthen the industry.

August 12, 2019

By Abhay Shah, Realty Quarter On 11 August, after the industry and homebuyers met with Finance Minister Nirmala Sitharaman to emphasize their issues regarding liquidity crunch, demand slowdown and stalled projects, the government proposed it would soon solve the problems that are affecting the real estate sector. The Minister of Finance conducted two separate meetings on August 11 – the first with the two apex realtors’ industry bodies CREDAI and NAREDCO, and the second with homebuyer associations to address the problems related to the property industry and measures to improve […]

Nirmala Sitharaman held meetings to discuss real estate sector issues and measures to be taken to strengthen the industry.more
Supreme court

Home buyers accept SC judgment that helps to recover its dues on stalled projects.

August 10, 2019

By Abhay Shah, Realty Quarter The judgment of the Supreme Court on Friday reaffirming the privileges of end-use home buyers as economic creditors under the Insolvency and Bankruptcy Code (IBC) is anticipated to provide security and hope of regaining their dues, particularly in projects that are stuck for a long time with no delivery in […]

Home buyers accept SC judgment that helps to recover its dues on stalled projects.more
Real Estate Market

RATE CUT IN EXCESS OF 100 BPS – THE ONLY WAY TO KEEP THE REAL ESTATE HEAD HIGH!

By Shishir Baijal – Chairman & Managing Director, Knight Frank India The Indian economy is going through testing times. What was initially being perceived as a sector-specific degrowth has now panned out to be an overall economic slowdown.The automobile and fast moving consumer goods (FMCG) industries are in a slump, job markets are strained with […]

RATE CUT IN EXCESS OF 100 BPS – THE ONLY WAY TO KEEP THE REAL ESTATE HEAD HIGH!more
Knight Frank

With 8.8% cap rate for commercial assets, India remains favourable market investment destination: Knight Frank Report

Mumbai, 26th July 2019 –Knight Frank, the independent global property consultancy, has come up with commercial research on Asia Pacific Capital Markets. With ongoing trade tensions and heightened economic uncertainties, many Asia-Pacific central banks have opted for a more dovish stance on their monetary policies. In the past six months alone, five Asia-Pacific central banks […]

With 8.8% cap rate for commercial assets, India remains favourable market investment destination: Knight Frank Reportmore
Property Transfer

What is the maximum amount chargeable by a housing society for transfer charges, as per the law?

August 9, 2019

By Abhay Shah, Realty Quarter   The Maharashtra Government lately increased the stamp duty by 1% including for the sale, donation and transfer, and further increases in stamp duty and registration charges are possible. However, a conflict which afflicts property owners and buyers is somewhat nearer to home – transfer fees for the sales and transfer of shares and rights to apartments in a building by a cooperative housing society.  At the time of sale of the […]

What is the maximum amount chargeable by a housing society for transfer charges, as per the law?more
Commercial Property

Private equity investment in the growing commercial sector increased by 10% compared to the previous year.

By Abhay Shah, Realty Quarter The private equity inflows into the Indian real estate industry have strengthened, driven by a strong investment appetite for business property, primarily by the immediate exposure of foreign funding and the platform partnerships. In the Indian real estate market, private equity companies have invested more than $4.2 billion, which is […]

Private equity investment in the growing commercial sector increased by 10% compared to the previous year.more
Alok Gupta

THE MODEL TENANCY ACT, 2019

By Alok Gupta, Real Estate Consultant  Almost every State in India has its own Rent Control Act. A lot of debate is going on whether the government should bring in a law to control the renting of properties in India or not. Whether one such law would be enough to cater to such a widespread industry […]

THE MODEL TENANCY ACT, 2019more
merger

Indiabulls to become SME-focused bank after successfully getting merged with Lakshmi Vilas Bank.

August 8, 2019

By Abhay Shah, Realty Quarter Emitting for the assurance of having the regulatory approval for merger with Lakshmi Vilas Bank in two months and the combined company to be functional by next March, Indiabulls Housing Finance on Tuesday said it would become an SME-focused bank if the merger passed. Also, promoters leaving the real estate […]

Indiabulls to become SME-focused bank after successfully getting merged with Lakshmi Vilas Bank.more