Latest Realty News

Developers-plan-to-absorb-GST-shock-to-prevent-slump:-Knight-Frank
Jul 06, 2017
Real estate players are planning to absorb the post-GST additional tax burden of five to six per cent post to prevent further slump in sales as demonetisation hangover continues in the sector.
Karnataka-govt-passes-real-estate-Act
Jul 06, 2017
Bengaluru: The Karnataka government on Wednesday passed the Real Estate (Regulation and Development) Act 2016 or RERA, an Act described as customer-centric which aims to protect home-buyers and encourage genuine private players in the fast growing sector.
Consumer-court-sentences-developer-to-5-years-in-jail
Jul 06, 2017
PUNE: The district consumer court has sentenced a developer to three months in jail in each of the 20 execution applications filed by as many homebuyers for his failure to comply with the court's orders.
Surat-civic-body-to-build-7,500-EWS-homes-under-PPP-model
Jul 05, 2017
Surat : The Surat Municipal Corporation (SMC) has initiated work on building 7,500 new homes for people from economically weaker sections at the cost of Rs 879 crore. This will be the first project for low cost housing under the public, private partnership (PPP) model by the civic body.
Goa-govt-to-tie-up-with-real-estate-companies-for-quality-housing
Jul 04, 2017
PANAJI: Goa Housing Board (GHB) is looking forward to tie up with private players to develop its properties. The board has opted to collaborate with private firms to offer better quality housings, minister of housing Jayesh Salgaonkar said.
Varanasi-to-have-a-7D-Smart-City-plan.
Jun 30, 2017
LUCKNOW: Prime Minister Narendra Modi's constituency Varanasi will be the only city in India whose detailed project report (DPR) will be prepared in 7D visualisation under the Smart City project.
Government-hikes-GST-rate-on-construction-sector-from-12-pct-to-18-pct
Jun 30, 2017
The Union Government on Thursday hiked the GST rate for the construction sector to 18 per cent from 12 per cent, but removed land value from the computation of tax liability.
Himachal-Pradesh-to-table-RERA-in-monsoon-session
Jun 29, 2017
SHIMLA: Himachal Pradesh will notify the rules for the implementation of the Real Estate (Regulation and Development) Act, 2016.
GST-Impact-On-Real-Estate:-Will-Property-Prices-Come-Down?
Jun 29, 2017
As the country switches to GST from July 1, the new indirect tax regime will subsume nearly a dozen of central and state taxes, including excise duty, value-added tax (VAT) and service tax.
RERA-ban-on-marketing-Housing-illegal:-Lawyers
Jun 29, 2017
NEW DELHI: While there is no framework ready in many states to register projects under the Real Estate Regulation (and Development) Act (Rera), prohibiting them from marketing by the government is bad in law as it affects the livelihood of developers and the workers, said
Capt-Amarinder-Singh-gives-nod-to-notify-RERA-rules-in-Punjab
May 12, 2017
CHANDIGARH: Punjab Chief Minister Captain Amarinder Singh today gave the go-ahead for the notification of rules for implementation of RERA in the state.
Naidu-writes-to-CMs-for-proper-implementation-of-Realty-Act
May 02, 2017
NEW DELHI: On the day when the much-awaited Real Estate Act came into force, Union urban development minister M Vankaiah Naidu wrote to the state chief ministers saying that they should ensure quick a proper implementation of the Act.
Odisha-Cabinet-approves-Real-Estate-rules
Feb 24, 2017
BHUBANESWAR: The State Cabinet approved the Real Estate (Regulation and Development) rules, 2017 at its meeting on Wednesday, Housing and Urban Development Minister Pushpendra Singhdeo announced in the Assembly on Thursday.
Home-buyers-can-directly-approach-NCDRC-against-builders-by-forming-registered-associations:-SC
Feb 22, 2017
NEW DELHI: Clearing the way for homebuyers planning to file complaints against builders in the National Consumer Disputes Redressal Commission (NCDRC) through an association route.
Strong-rental-market-is-key-to-Chennai-realty’s-growth
Feb 22, 2017
Chennai has grown exponentially in recent decades. It attracts an endless sea of people who keep moving in to the city, primarily for career and educational prospects.
K-Raheja-Corp’s-IT-building-at-Whitefield,-Bengaluru-gets-USGBC-Gold-LEED-Rating
Feb 20, 2017
K Raheja Corp, India’s leading real estate developer has received the Gold Leadership in Environment and Energy design (LEED) certification from the US Green Building Council for its IT building at Whitefield, Bengaluru.
Piramal-Fund-Management-sanctions-Investments-of-around-INR-2000-Crore
Feb 15, 2017
15 February 2017 : Piramal Fund Management (PFM), the financial services division of Piramal Enterprises, has sanctioned investments worth approximately INR 2000 Crore within three months of launching Flexi Lease Rental Discounting (LRD) for completed commercial assets that include office and retail space.
Government-Rules-Out-Tax-Incentive-Beyond-Rs.-2-Lakh-For-Second-Home
Feb 04, 2017
New Delhi: Ruling out rollback of the proposal to restrict tax incentive for second home to Rs. 2 lakh per annum, Revenue Secretary Hasmukh Adhia on Saturday said there is no point in subsidising purchase of second property by those who have surplus funds.
Union-Budget-2017-gives-infrastructure-status-to-affordable-housing
Feb 01, 2017
In Union Budget 2017,Finance Minister Arun Jaitly reserved his best for the real estate sector,which witnessed a slump post demonetization.
Reliable-Rating-For-Developers-Launched
Jan 26, 2017
The launch of Genuine Reliability and Customer Satisfaction GRACS Star rating for developers by GharaBari.com would bring transparency in the realty sector.
Odisha-capital-city's-growth-linked-to-real-estate-developers
Jan 21, 2017
BHUBANESWAR: Real estate developers have contributed a lot for the fast development of the Capital City by providing facilities of metro life under one roof, said Vice-Chairman of Bhubaneswar Development Authority (BDA) Dr Krishan Kumar.
Credai-Odisha-to-hold-4-days--property-expo-from-12th-January-
Jan 05, 2017
Credai Odisha Chapter is going to hold 4 days property expo from 12th January to 15th January at Janata Maidan, Bhubaneswar.
Property-cards-issued-by-South-corporation
Dec 21, 2016
NEW DELHI: South corporation on Wednesday started distribution of Unique Property Identification Code (UPIC) cards along with inaugurating the "Link your Record" programme for residents in its jurisdiction.
JSW-Cement-launches-Heavy-Duty-Concreel-HD-Cement
Oct 21, 2016
Hyderabad : With its unceasing efforts in expanding its horizons and giving something new and beneficial to the society, JSW Cement, one of India’s leading cement has added to its foray, a superior quality product called as Concreel HD -One Cement Six Strengths.
Hyderabad-has-huge-potential-for-modern-retail:-Knight-Frank
Sep 08, 2016
Knight Frank India today launched the first edition of its report on Hyderabad retail sector titled – Hyderabad Retail: Unlocking the Potential. The reportlooks into the emerging trends in multi-channel retailing, shopping centers and new formats.

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