Just like how Uber & Ola brought about a change in the lives of the cab drivers, life of a real estate agent is all set for a major transformation. A road show was conducted by Square Yards, a real estate start-up in Noida to add new brokers to its Square Connect program. The company […]
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October 9, 2015 6:00 pm
“We’ll ensure housing projects complete on time” – Maharashtra Govt.
The state Finance and Planning Minister, Sudhir Mungantiwar has announced that the government will provide all the required assistance to ensure real estate developments are executed in a time-bound manner. Urging developers to take up affordable housing projects at a real estate summit organised by National Real Estate Development Council (NAREDCO) Mungantiwar said that realtors […]
October 9, 2015 10:00 am
Edelweiss to raise $1 bn for its first realty fund
Despite a rough market scenario and inadequate interest from limited partners (LPs) in the Indian real estate segment, Edelweiss Alternative Asset Advisors Ltd, is raising up to $1 billion for its first residential real estate fund, confirmed a top executive of the company. The fund will explore for investment opportunities in five property markets—National Capital […]
October 8, 2015 11:00 am
Co-operative Housing Society – Managing Committee. Election / Eligibility etc.
Can a member who has already paid his dues of the society prior to the scrutiny of the nomination contest for election? Yes, if a member paid dues of the society before the scrutiny of the nomination then that member is eligible for contesting the election. What action can be taken against a member of […]
October 7, 2015 6:00 pm
Co-operative Housing Society – General body meeting
What is the provision for extension of the general body meeting, in case meeting is not held before the 14th August? The first general body meeting of the Society, shall be held within the period of 3 months of the date of the registration of the Society, but in case of an unforeseen event if […]
October 6, 2015 6:00 pm
Cash in on real estate – take a home loan in 2015
A good price appreciation on your property is undoubtedly the biggest opportunity to gain. Moreover, you can save on taxes, on interest repayments on an ongoing basis. Real estate is among the most complex asset classes and can have an asymmetric payoff during good times. Besides the pride of ownership, purchasing a house is also […]
October 6, 2015 10:00 am
TREDA’s three-day property show a big hit in Telangana
The effect of a cut in home loan interest rates by RBI last week was palpable at the Telangana Real Estate Developers Association’s (TREDA) Property Show. The exhibition which concluded at Hitex, Madhapur on Sunday, was a big hit with more than 70,000 prospective home buyers visiting it. “This is the sixth time we have […]
October 4, 2015 10:00 am
$2.4 billion worth PE funds to be invested in 53 realty deals
Reinforcing faith in India’s real estate sector, amid a two-year-long slowdown that continues to see apathetic sales and an inventory pile-up, foreign institutional investors (FIIs) and the private equity (PE) funds made a beeline to invest in residential and commercial projects this year. According to data from VCCEdge, PE funds invested about $2.4 billion in […]
October 3, 2015 6:00 pm
HKCCI oppose the state government for increasing guidance value of property at Kalaburagi City
The HKCCI (Hyderabad Karnataka Chamber of Commerce and Industry) has taken stand against the proposal of State Government which was about to increase the guidance value of the real estate property in Kalaburagi region without any set of guidelines. A written objection which was filed by HKCCI before Chief Controlling Revenue Authority in Karnataka, Inspector […]
October 3, 2015 10:00 am
India’s property market is getting pace after mega commercial deals
Currently, Indian property market is witnessing boost after the two mega commercial deals; In first deal; Carnival Group buys real estate project from L&T Group in Chandigarh and the deal price was Rs 1,785 cr and in second deal; Abbott Group buys office space from Godrej Properties in Mumbai and deal price was Rs 1,479 […]