Latest Realty News of Andhra Pradesh

Pension-Fund-Regulatory-and-Development-Authority-allows-pension-funds-to-invest-in-realty-sector-
Jun 07, 2015
NEW DELHI: The pensions regulator has opened the doors of long-term retirement funds to the real estate sector, allowing the pension funds to invest up to 5% of their corpus in regulated real estate investment trusts.
Fresh-tax-on-unsold-flats-to-force-developers-to-release-inventory
Jun 06, 2015
In a bid to arrest hoarding of residential flats by developers and increase supply across the country, the income-tax department has decided to tax realtors on estimated annual rentals. The tax could be anywhere between 15% and 20%. The move is as per the central action plan for 2015-16, under which the I-T department can levy tax on any unsold flat by treating it as 'income from house property' under Section 43-CA of the I-T Act, 1961.
E-commerce,-start-ups-accelerating-office-space-demand
Jun 05, 2015
The IT and ITeS companies’ capacity expansion plans, the country’s office space market seems to be regaining lost steam. With a major chunk of total absorption of Grade A office space being notched up by the technology sector, in the January-March quarter, commercial realty market is getting ready to make the most of it.
SBI-to-e-auction-distressed-properties-on-June-12
Jun 05, 2015
Country’s largest lender State Bank of India on Friday said it will be selling its distressed assets through an online auction on June 12.
Housing-sales-improving;-full-recovery-in-next-fiscal:-CREDAI-
Jun 04, 2015
NEW DELHI: Housing sales have started showing signs of improvement but full recovery is expected only in the next financial year, realtors' apex body CREDAI said today.
Realty-firms-expect-a-spur-in-housing-demand-following-RBI's-rate-cut-
Jun 03, 2015
NEW DELHI: The Reserve Bank's decision to cut key interest rates is likely to reduce borrowing cost for both home buyers as well as developers leading to increase in housing demand, realty firms and consultants said today.
RBI-cuts-repo-rate-by-25-basis-points,-EMIs-likely-to-go-down
Jun 02, 2015
MUMBAI: The Reserve Bank Of India (RBI) cut interest rates for a third time this year on Tuesday, taking advantage of subdued inflation to give more support to an economy that many economists doubt is doing as well as latest impressive growth numbers suggest.
In-process-of-finalising-schemes-for-500-smart-cities:-Venkaiah-Naidu
Jun 01, 2015
VIJAYAWADA: Union Minister Venkaiah Naidu on Sunday said that the government is in the process of finalising schemes to develop 500 smart cities and towns by implementing comprehensive development plans.
UAE-real-estate-firm-eyeing-Smart-City-projects-in-India
Jun 01, 2015
DUBAI: An Abu Dhabi-based real estate company has formed a strategic partnership with an Indian construction firm to establish 'Smart City' projects in India.
Vijayawada-realty-rush-wrecks-investors
May 29, 2015
VIJAYAWADA: As soon as Vijayawada was declared to be part of the capital region, the realty sector saw a mad rush
Now-South-Korea-offers-$10-billion-for-smart-cities
May 19, 2015
SEOUL: South Korea offered to provide $10 billion for infrastructure projects in India, including smart cities and railways
Property-prices-rise-10%-CAGR-in-4-years
May 14, 2015
The housing market has witnessed an upward trend in prices in the past 19 quarters, according to Reserve Bank of India’s (RBI) all-India Residential Property Price Index
AP-govt-to-launch-digital-repository-of-land-records-soon
May 11, 2015
Hyderabad: The Andhra Pradesh government has decided to create a digital repository of land records in the state
Drought,-sand-policy-hit-realty-sector-hard
May 07, 2015
Hyderabad: The realty sector has taken a beating as a whole in Anantapur district on account of several factors
Cabinet-relaxes-rules-for-foreign-investment-in-real-estate
May 07, 2015
NEW DELHI: Cabinet relaxed rules to allow foreign funds to invest in real estate investment trusts (REITs),
Brookfield,-Incor-to-jointly-develop-Rs-500-cr-mixed-use-project-in-Hyderabad
May 05, 2015
HYDERABAD: A joint venture Realty project approximately worth a whopping Rs 400-500 crore has made its way into the 'hi-tech' city
India-for-deeper-engagement-of-ADB-for-smart-cities,-railways
May 05, 2015
New Delhi: Finance Minister Arun Jaitley sought "deeper engagement" of the Asian Development Bank (ADB) for development of smart cities
Govt-eases-MAT-rules-for-REITs-and-InvITs
May 02, 2015
NEW DELHI: The government provided some relief to foreign investors
Corporation-proposal-to-spur-realty-growth-in-Srikakulam
Apr 30, 2015
Srikakulam: Srikakulam realty sector is likely to be benefited with the proposal of making Srikakulam municipality as a municipal corporation
Union-Cabinet-gives-nod-to-100-smart-city-projects
Apr 29, 2015
New Delhi: The Union Cabinet cleared two proposals on Wednesday-one for 100 smart city projects and another for old housing projects initiated by the previous government
Talent-demand-up-in-realty-but-salaries-stable
Apr 27, 2015
New Delhi: The 'Make in India' push seems to have brought upbeat sentiments in the real estate sector
Housing-for-all-by-2022-a-great-challenge:-Naidu
Apr 27, 2015
New Delhi: Union Housing and Poverty Alleviation Minister M Venkaiah Naidu termed the target of housing for all by 2022 a "great challenge"
Land-bill-issue-will-act-as-'sanjeevani'-for-Congress:-Ramesh
Apr 27, 2015
Bengaluru: Senior Congress leader Jairam Ramesh said the land acquisition amendments issue will act as a ‘sanjeevani’ for the party
Indians-largest-non-Arab-investors-in-Dubai-real-estate-market
Apr 27, 2015
New Delhi: Indian nationals have emerged the largest non-Arab investors in Dubai’s real estate market
Private-equity-in-realty-sector-dips-5.6%
Apr 27, 2015
New Delhi: Private equity (PE) investment in the real estate sector fell by 5.6 per cent to Rs 5,170 crore in the first quarter this year

Latest Realty News Of State

Realty Talk's