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Nov 20, 2015
KOLKATA: City industrialists are pushing the West Bengal government to come up with an e-commerce site that would allow entrepreneurs to buy and sell land parcels. The portal will not only bring in transparency in land deals, but also encourage industrialists to monetise land tracts of factories which have downed shutters.
Nov 07, 2015
NEW DELHI: The developers' concerns over the tax provision wherein they are required to pay tax on deemed rental income on unsold apartments may be addressed in the coming Budget.
Nov 06, 2015
KOLKATA: The Chinese government has expressed keen interest in enhancing economic activity with West Bengal as the state is both economically and geographically close to China, West Bengal chief minister Mamata Banerjee said today.
Oct 31, 2015
Mumbai: Hopeful that the age of slowdown will end soon for the real estate industry, Finance Minister Arun Jaitley on Saturday said the sector must survive on market economy and subsidies should not be the "essence of survival".
Apr 08, 2015
New Delhi: About 30 crore landless people will get employment in the industrial corridors following amendments to the land acquisition bill, Finance Minister Arun Jaitley said
Feb 27, 2015
NEW DELHI: Real estate and infrastructure firms could end up scoring big when finance minister unveils his big Budget on Saturday
Feb 19, 2015
New Delhi: The expectation is rising that Finance Minister Arun Jaitley in the Budget may announce some stimulus package for the infrastructure sector
Bengal rush for realty masks reality
Dec 16, 2014
Calcutta: The Bengal government is upbeat about the development of a commercial township at Uttarpara in Hooghly
Aadhaar can curb black money in real estate
Nov 07, 2014
Finance Minister Arun Jaitley, in an interview, said that to curb the use of black money in property deals, the Government is considering linking real estate transactions with Aadhaar
Outer Delhi is site of Smart City
Oct 29, 2014
NEW DELHI: Commercial focus may move out of New Delhi with big plans of Smart City development being made on the outskirts.
Finance Minister Arun Jaitley Favours Interest Rate Cut: Report
Oct 25, 2014
New Delhi: Finance Minister Arun Jaitley favours a cut in interest rates to trigger demand in the construction sector
US to Help India Develop Three Smart Cities
Oct 01, 2014
The US will help India in developing three smart cities in Allahabad, Ajmer and Visakhapatnam
Real Estate Investment Trusts will get investments, no need for more sops, say Officials
Sep 25, 2014
Real Estate Investment Trusts will help attract more funds into the realty sector and there is no need to provide more tax concessions for it, a senior government official said
Government may form database on suppression of property sales amount
Sep 16, 2014
In an exercise aimed at checking blackmoney, economic intelligence agencies have started identifying instances where proceeds from property sale have been suppressed in a bid to defraud the government of revenue from stamp duty
Govt Keen to Develop Smart Cities, Says Sorake
Sep 11, 2014
The State government on Wednesday held a preliminary meeting with representatives of various IT companies to develop ‘Smart Cities’
Realtors buoyed by West Bengal urban policy
Sep 01, 2014
Prominent developers in Kolkata believe the state government's deep mistrust about the real estate sector has been assuaged by a realization that a section of the industry had evolved into corporate houses that shunned unscrupulous dealings that characterized the sector in the past
RBI shouldn't grant banking licences to companies: Parliamentary panel
Dec 10, 2013
DELHI: A parliamentary panel has suggested that the Reserve Bank of India (RBI) should not grant new banking licences to companies since the banking business is highly leveraged and involves public money. "Banking being a highly leveraged business involving public money and public welfare, the committee (members) are of the considered opinion that it will be more in the fitness of things to keep industry and banking separate," the committee noted in its report released on Monday.
Land Acquisition Bill will help economical use of land: PC
Aug 30, 2013
DELHI: The Land Acquisition Bill will help in economical use of land which is a scarce commodity in the country, government today said.
Budget 2013 proposals disappoint real estate developers
Mar 05, 2013
Finance minister P Chidambaram announced a number of sops for low-income homebuyers in the Union Budget for 2013-14.
Credai asks realtors to sell unsold stock at discounted prices
Dec 03, 2012
MUMBAI: Leading realtors' body Confederation of Real Estate Developers' Association of India (CREDAI) has asked its members to seriously consider selling off maximum inventories by reducing prices.
Builders' body asks FM to bring in sops for real estate
Aug 23, 2012
MUMBAI: After finance minister P Chidambaram asked realtors to sell off unsold flats at discounted prices, CREDAI, the apex body of real estate developers in the country, put the ball in the minister's court and said he should take immediate steps to boost housing stock supply through special incentives to the affordable segment. Chidambaram had reportedly asked commercial banks to put pressur
P Chidambaram asks banks to put pressure on real estate developers to lower property prices
Aug 22, 2012
MUMBAI: P Chidambaram, the newly-appointed finance minister, has asked chiefs of government-owned banks to put pressure on real estate developers to lower property prices in order to get the economy moving. In a meeting held last Saturday with bank chiefs, the finance minister told bankers to impress upon builders the need to complete projects according to schedule and lower the prices of apa

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