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Realtors News

17 Nov 2017

Centre increases carpet area of houses under PM Awas Yojana; Realtors hail move

An official said many people were not opting to buy houses under the scheme as the previous carpet area did not seem very attractive to them.

Pradhan Mantri Awas Yojana

16 Nov 2017

Hike in carpet area to help middle income buyers: Realtors

Under the MIG-I category, the carpet area has been enhanced from 90 sq meter to 120 sq meter. Under the MIG-II segment, it has been raised to 150 sq meter from 110 sq meter.

India's realty market

23 Jun 2017

New rules to make realty free of undesirable activity: Parekh

HDFC Chairman Deepak Parekh on Friday termed government policies on housing as practical and implementable and expressed hope that new regulations will stop "undesirable activity" practiced by some realtors.

06 Mar 2017

Ensure timely delivery of housing units: Naidu to builders

Union minister M Venkaiah Naidu on Monday asked builders to fulfil their promises to home buyers and ensure timely delivery even as the realtors demanded that ongoing projects be exempted from the new realty law.

07 Dec 2016

Property developers disappointed with RBI's status quo on rates

Property developers and consultants on Wednesday expressed disappointment over the RBI decision to keep key policy rates unchanged and said the reduction in interest rates would have given a boost to sluggish housing sales.

Real Estate Bill

16 Mar 2016

Parliament nod to Real Estate Bill: How it will benefit home buyers

The Real Estate (Regulation and Development) Bill is designed to protect consumer interest, ensure efficiency in all property-related transactions, improve accountability of developers, boost transparency and attract more investments to the sector.

18 Nov 2015

Rs 30K-crore realty debt at risk of high refinancing cost: Crisil

Rating agency Crisil has warned that Rs 30,000 crore debt of the top 25 realtors is at the risk of higher refinancing cost amid a continued slump in the realty space owing to high prices and dependence of the companies on high-return demanding private equity players.

29 Sep 2015

Realtors ask banks to pass on benefits of RBI rate cut

Hailing the Reserve Bank's decision to cut interest rate by 0.50 percent, real estate developers on Tuesday asked the banks to pass on the benefits to home loan borrowers that would help revive housing demand especially during upcoming festive season.

Smart City Projects

27 Aug 2015

Realtors seek effective implementation of Smart City projects

The Confederation of Real Estate Developers' Association of India (CREDAI) also demanded that the private sector should be roped in to realise this mission.

15 May 2015

DLF hits back at CCI; asks why no penalty on other realtors

This is the latest in a series of orders passed by CCI against DLF, although it has also let off the company in some cases saying it did not find any violation of the competition laws.

Real Estate Bill

08 Apr 2015

Realtors opposes inclusion of ongoing projects in new Bill

On Tuesday, the Cabinet approved amendments to the long-pending Real Estate (Regulation and Development) Bill, 2013, bringing under its ambit commercial and all ongoing projects as also brokers, while safeguarding consumers.

25 Feb 2015

Budget 2015: Realtors seek tax sops, lower rates for home buyers

The real estate industry has sought more tax incentives and lower interest rates for the home buyers in the upcoming Budget to revive demand.

20 Feb 2015

Realtors seek tax sops, lower rates for home buyers in Budget

NAREDCO Chairman Naveen Raheja said: "There should be some stimulus for the home buyers in form of lower interest rates."

30 Sep 2014

Realtors unhappy over status quo in monetary policy

CREDAI said there is a need to devise a formula to make home loan rates independent of inflation.

10 Aug 2014

Realtors keep off govt's low-cost housing bus on low returns

The government's vision of "housing for all by 2022" may turn out to be an uphill task with developers keeping off low-cost housing projects citing regulatory hurdles, high land cost and low returns making such projects "unaffordable".

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