By Abhay Harish Shah, Realty Quarter With the 2019 general elections, which give Narendra Modi a definite mandate for a second time as Prime Minister, the real estate industry is optimistic because it means a continuation in policies. In the last three to four years, the state has taken several significant policy choices and business […]
How Government reforms can Up-lift the Real Estate Industry?more
By Abhay Harish Shah, Realty Quarter With the Confederation of Real Estate Developers Association of India (Credai), Maharashtra Government decided to pass the burden of input tax credit to purchasers, which will affect to increase apartment prices by Rs.200 per square foot. The annual general meeting of the developer’s board in Kolhapur took a decision […]
Apartment price likely to rise by Rs.200 per square foot – Maharashtra Government.more
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 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 Due to the RERA Act and buyer protected schemes, the Real Estate market has seen some growth in the last 1 year. According to the report cities such as Mumbai, Hyderabad and Kolkata are the most preferred cities who have seen tremendous growth in a property sale. Mumbai […]
The Impact of Affordable Housing Schemes in Major Cities.more
By Abhay Harish Shah , Realty Quarter Axis AMC (Asset Management Company) has successfully managed to raise Rs.400 Crores through its Maiden Real Estate Fund. This is known as Axis RERA opportunities fund – I or Axis RERA Fund. The main investors are the High Net worth Investors (HNIs), Domestic Institutions and the Axis […]
Axis AMC has raised Rs 400 crore through Maiden Real Estate Fund.more
By Abhay Harish Shah , Realty Quarter Many a time people book an apartment but for someone unknown reasons they wish to cancel the transaction. It might be possible due to the delay in getting possession from the builder or any other financial issue. Real Estate Regulation Act (RERA) is foremost the best act implied […]
Home buyer became more powerful – RERA LATEST ACT.more
By Anuj Puri, Chairman – ANAROCK Property Consultants Affordable Housing Keeps the Momentum Going Unsold inventory down 2% from 7.11 lakh units in Q1 2018 to 7.0 lakh units in Q2 2018 Unsold inventory declined 10% from 7.7 lakh units in Q4 2017 There has been a whopping 50% jump in overall new housing launches in Q2 2018 […]
New Housing Launches up by 50% in Q2 2018more
By Realty Quarter Bureau The much awaited Telangana Real Estate Regulatory Authority is soon going to been launched on August1. The Telangana government had issued the rules and appointed a temporary regulatory authority a few months ago, Rera rules are not being implemented in the state as of now. A web portal is required for the registration […]
Telangana RERA portal to be launched on August 1more
Gautam Chatterjee, the chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA), is all set make title insurance mandatory for registered developers. This comes after insurance companies expressing interest in providing title insurance for the real estate projects. Though the RERA had made land title insurance mandatory for developers, the state unit was not able to implement the clause right away […]
MahaRERA Chief Gautam Chatterjee set to make land title insurance mandatorymore