Latest Realty News of Haryana

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.
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.
Ansal-API,-Paras-Buildtech-and-2-others-get-notice-to-clear-illegal-structures
May 22, 2015
GURGAON: The MCG has served demolition notices on two private builders
400-Manesar-residents-protest-DLF-construction-alleging-‘SC-order-violation’
May 22, 2015
GURGAON: High drama prevailed in Manesar when local residents gheraoed around 150 workers for allegedly carrying out construction work at a building site of DLF
DLF-a-dominant-player-in-Gurgaon-market,-says-CCI-official
May 21, 2015
Ne Delhi: DLF was the only major player in Gurgaon and only a dominant player can abuse the market, CCI said
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
Tata-Housing-to-Invest-Rs-600-Cr-on-Haryana-Project:-Report
May 09, 2015
New Delhi: Realty firm Tata Housing will invest about Rs 600 crore to develop a new residential project
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),
HUDA-eyes-Rs-3,000-cr-windfall-through-registry-of-plots
May 05, 2015
GURGAON: Haryana Urban Development Authority (HUDA) is about to send notices to allottees by May-end to ensure plots are registered
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
Homebuyers-of-Emaar-MGF's-Gurgaon-project-protest-‘2-year-delay’
May 04, 2015
GURGAON: Disgruntled homebuyers of Emaar MGF's Palm Terrace on Golf Course Extension Road in Sector 66 staged a protest against the builder
Govt-eases-MAT-rules-for-REITs-and-InvITs
May 02, 2015
NEW DELHI: The government provided some relief to foreign investors
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
India-to-become-fourth-largest-infrastructure-market-by-2030:-Report
Apr 25, 2015
NEW DELHI: India would become fourth largest infrastructure projects market in the world by 2025

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