Cricketer Rohit Sharma who not so long ago purchased a flat in Prabhadevi area of Mumbai for Rs. 30 crore, recently indulged onto a villa in Khandala. According to sources from the real estate industry, Sharma bought a bungalow in a residential project named ‘Discovery’, which is owned by actor Suniel Shetty’s company S2 Realty. […]
real estate industry Archive
January 22, 2016 6:00 pm
Demand in real estate will reach around 1.35 billion sq ft by the end of 2020: Bain Report
According to report of Bain, real estate consulting firm, “The demand in Indian real estate market for organized segment can reach up to 1.35 billion sq ft by 2020, however; currently, it is around 880 million sq ft and out of this 85 percent is for the residential real estate”. As per report of Bain […]
January 2, 2016 10:30 am
2016, a good year to buy your dream home
Having a house of one’s own is on everybody’s wish list, but while you are at it, ensure that it is not a hurried decision. Buying a property is a huge investment and involves a great deal of financial planning and strategy. If you are thinking of purchasing that dream home for yourself in 2016, […]
December 13, 2015 10:00 am
The National Green Tribunal stay on new construction activity near Sanjay Gandhi Park
Recently, the NGT (National Green Tribunal) has imposed stay on the permissions of all new building construction which comes in the vicinity of the Sanjay Gandhi National Park and it is expected that this move can leave negative impact on the several proposed real estate projects which are in the western and eastern suburbs of […]
December 12, 2015 10:00 am
To buy or rent house Mumbai and Delhi/NCR are among costliest city, whereas; Ahmedabad and Hyderabad are among the cheapest city: Report
In past few years, Pune and Mumbai have seen aggressive growth in term of property prices since year 2012 by 49.97 percent and 73.91 percent respectively, whereas; the second most pricey real estate market was Delhi/NCR as it was observed that in Delhi/NCR the marginal price rise was 9.13 percent since year 2014. According to […]
December 11, 2015 10:00 am
Cabinet seems to approve the changes in Real Estate Bill before its introduction in Parliament
This week, the Central Government is seems to intend the passage of Real Estate Bill in parliament, and the Cabinet is likely to approve the previous few changes that have been made after the recommendations of the select committee. According to sources, the housing ministry has incorporated approx. all the amendments which were recommended by […]
October 12, 2015 10:30 am
Will this Diwali bring cheer to real estate?
Almost every industry in the domestic circuit rakes in the moolah during the Diwali time because the sales go up. Every company looks forward to this festival in the country. Real estate however, has been an exception to this trend. “A research on the demand for residential real estate during the past five years shows […]
September 29, 2015 10:00 am
Transfer of property to Reits may be exempted from stamp duty
Following representations received by the prime minister’s office (PMO) from both domestic and foreign private equity players in the past two months, Finance Minister Arun Jaitley is expected to consider the issues of scrapping stamp duty on transfer of properties by private individuals and firms to real estate investment trusts (Reits) and making dividend distribution […]
September 14, 2015 10:00 am
Property Now a real estate TV channel launched by TimesGroup.
M K Anand, MD & CEO Times Network, the broadcast arm of Bennett Colman & Co.Ltd. announced launch of India’s first 24X7 property news channel ‘Property Now’ at the inaugural session of FICCI’s The Big 5 Construct India 2015 in Mumbai on Thursday. He also said that today the real estate industry contributes to the […]
August 12, 2015 6:00 pm
How to avoid spending on projects involving EMIs?
Are you among the people who have been waiting to get the key of their houses from past couple of years? Well Sachin Kala is indeed one such man waiting to start staying in the flat which he had booked nearly 4 years back. According to his builders, he was supposed to get his flat […]
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