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Realty sector News

05 Dec 2022

Yogi govt eyes investment worth Rs 7.3L cr in next 5 years

A government spokesperson added that govt plans to construct 64 lakh HIG, MIG, LIG and EWS homes in urban areas. These houses will be constructed close to small markets. The government will encourage private companies to invest in these housing projects.

09 Jan 2022

Budget 2022: CREDAI seeks tax sops to boost housing demand; hike in deduction

He said the government should consider increasing the tax rebate for homebuyers significantly. Alternatively, the limit for deduction of interest should be increased to Rs 5 lakh in respect of the self-occupied property, it added. The limit on value of the unit be raised to Rs 75 lakh (for non-metro cities) and Rs 1.50 crore (for metro cities), it said.

05 Sep 2019

Vienna most liveable city, New Delhi drops to 118th spot

According to the annual index compiled by the Economist Intelligence Unit (EIU), the Austrian capital is the most liveable city in the world.

20 Jun 2019

Realty companies post robust sales despite sectoral slowdown in FY19

Top 10 listed entities sold nearly 32.19 million sqft, registering a robust 44 percent growth over the previous year.

Union Budget 2019

14 Jun 2019

Budget 2019: Realty sector wants industry status, more bank funds, ITC benefit

From April this year, the government has withdrawn the ITC benefits, but reduced GST rate to 1 per cent from 8 per cent for affordable housing.

03 Feb 2018

Union Budget 2018: Here is how helathcare, infra, realty, agri and auto industry reacted

The FM announced massive spending on rural and urban infrastructure as also lower tax rates for small and medium enterprises.

02 Feb 2018

Union Budget 2018: Circle rate announcement to boost real estate transaction

Announcement on circle rate would reduce hardship to sellers as they would not be compelled to pay higher capital gains tax if the difference is within 5 percent of circle rates.

Mumbai Real estate

30 Oct 2017

Mumbai gets another Rs 100 crore family

For his second flat, Jain paid Rs 48.72 crore and paid Rs 2.43 crore towards stamp duty and registration costs

02 Oct 2017

Office space leasing feels demand pinch, falls 7% in Jan-Sep

However, the consultant has predicted that office leasing will remain stable at 32 million sq ft in 2017 on strong demand for commercial space during the fourth quarter.

Larsen & Toubro

27 Sep 2017

L&T Construction bags orders worth Rs 2,170 crore

L&T Construction has bagged orders worth Rs 2,170 crore across business segments, the company said in a BSE filing.

Piramal Finance

27 Sep 2017

Piramal Finance enters into housing finance segment

The company will initially focus on a product roll out across all major metro cities, and thereafter, seek to establish a pan-India presence, including tier 2-3 towns and cities.

Reliance Capital

20 Sep 2017

Reliance Home Finance to list on stock exchanges on Friday

All shareholders of Reliance Capital have already received one free share of Reliance Home Finance for every share held in Reliance Capital as on record date -- September 6.

Brick Eagle Capital Advisory

18 Sep 2017

Brick Eagle Capital raises Rs 100 crore for affordable housing

Brick Eagle aims to raise Rs 500 crore for facilitating development of 50,000 homes for low-income families as well as generating good returns for its investors.

17 Sep 2017

'Mumbaikars can save Rs 4,600 crore annually by staying at right location'

"The financial capital of the country can significantly improve its commuting woes if its people start living in the right location that best suits their working requirements," the report said.

11 Sep 2017

Indiabulls Real Estate buys 13,519 sq meter land in Gurugram

Indiabulls Real Estate has acquired a 13,519 square meter land in Gurugram for an undisclosed amount to a develop commercial complex on the plot.

07 Sep 2017

62% of new launches in H1 2017 in affordable housing segment: Report

As many as 62 percent of the new launches during January-June 2017 period were in the affordable housing segment, a recent survey revealed.

Real Estate Regulation and Development Act

04 Sep 2017

SC asks Bombay HC to expeditiously decide pleas challenging RERA validity

The apex court also asked other High Courts, where pleas against validity of RERA are pending, to await the decision of Bombay High Court.

Godrej Properties

03 Sep 2017

Aim to be among top 3 in every market: Godrej Properties

Godrej Properties aims to be among the top three players in each city it operates in, building on its status as the largest listed developer by sales booking in the last two years, says Chairman Pirojsha Godrej.

Real Estate Regulatory Authority

03 Sep 2017

Post RERA, brokers may focus on rental market: Survey

With the number of residential project launches falling on the back of the implementation of the Real Estate Regulatory Authority (RERA) from May 1, brokers are planning to focus on rental market to get more business, a recent survey said.

30 Aug 2017

ANAROCK Property acquires realty consulting firm Redwoods

ANAROCK Property Consultants has acquired real estate broking firm LJ Hooker's India business Redwoods as part of its strategy to provide integrated real estate solutions to clients. The size of the deal is however not known.

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