Friday 26th May 2017,
Radio Metta

Real Estate

Govt appoints regulatory authority for real estate sector

Govt appoints regulatory authority for real estate sector

JAIPUR: The Rajasthan government on Friday appointed additional chief secretary (ACS) of urban development and housing (UDH) department as the regulatory authority for real estate sector. The decision was taken as the central law empowers the state government to designate any officer as regulatory authority till a full-fledged regulatory authority is established for grievance redressal [...]

February 19, 2017 Saheli Real Estate Comments Off on Govt appoints regulatory authority for real estate sector

Rise in raw materials prices likely to hit real estate business

Rise in raw materials prices likely to hit real estate business

INDORE: High fluctuations in cement and steel prices caused by a spur in infrastructural activities, is likely to hit real estate business. Increased prices of raw materials will spoil plans of the realtors expecting to revive themselves after last year’s slump. Industry participants said that rise in cement prices has increased the cost of project [...]

February 14, 2017 Saheli Real Estate Comments Off on Rise in raw materials prices likely to hit real estate business

Real estate sector to give fillipReal estate sector to give fillip to tier 2 cities, airport development and infra activities to tier 2 cities, airport development and infra activities

Real estate sector to give fillipReal estate sector to give fillip to tier 2 cities, airport development and infra activities to tier 2 cities, airport development and infra activities

Every year when the budget is round the corner, each sector presents its wishlist for the government. Post this Union budget 2017-18 the positive movement on the real estate indices conveyed the sentiment from the budget providing the much-needed push to the realty sector. Although there was an expectation towards the government acceding to the [...]

February 14, 2017 Saheli Real Estate Comments Off on Real estate sector to give fillipReal estate sector to give fillip to tier 2 cities, airport development and infra activities to tier 2 cities, airport development and infra activities

Land, real estate should be brought under GST: Sisodia

Land, real estate should be brought under GST: Sisodia

The announcement of the 2016 budget pushed the real estate market of Pakistan into gloom since it was accompanied by a new property tax intended to bring black money into the tax-net. The heightened enthusiasm generated by the country’s property market in the two years preceding the 2016 budget was cut short by the new [...]

February 9, 2017 Saheli Real Estate Comments Off on Land, real estate should be brought under GST: Sisodia

State-framed real estate rules to be examined by House panel

State-framed real estate rules to be examined by House panel

NEW DELHI: Amid reports that key provisions of new real estate regulation law have been diluted by some states, the central government has forwarded the rules notified by the states to a parliamentary committee for examination. Minister of State for Housing and Urban Poverty Alleviation (HUPA) Rao Inderjit Singh, in written reply to a question [...]

February 9, 2017 Saheli Real Estate Comments Off on State-framed real estate rules to be examined by House panel

Long live real estate

Long live real estate

The headline might be an attempt to grab attention. But once the Union Budget 2017-18 proposals come into effect, a lot of people might be worried. The Budget has made several clever changes in the tax laws that will discourage investments in multiple properties, yet encourage first-time home buyers to buy rather than live on [...]

February 9, 2017 Saheli Real Estate Comments Off on Long live real estate

Adalat digs up real estate fraud

Adalat digs up real estate fraud

THIRUVANANTHAPURAM: The mega adalat organized by the city corporation to clear pending files related to allocation of building permits on wet/paddy lands has also thrown up a case of misappropriation of building permit and building number involving the beleaguered real estate firm – Samson and Son Builders and Developers Pvt Ltd. The complaint was filed [...]

February 3, 2017 Saheli Real Estate Comments Off on Adalat digs up real estate fraud

Union Budget 2017 – Impact on Real Estate in India

Union Budget 2017 – Impact on Real Estate in India

The Union Budget 2017 has proposed several positive measures to strengthen the edifice of the Indian real estate sector For instance; the facilitation of capital gains taxation norms has triggered a wave of happiness in realtors and property buyers alike. Given below are few key measures that will provide the much-needed thrust. – The tax [...]

February 3, 2017 Saheli Real Estate Comments Off on Union Budget 2017 – Impact on Real Estate in India

Budget 2017: Experts have hailed note ban’s positive impact on real estate, says government

Budget 2017: Experts have hailed note ban’s positive impact on real estate, says government

NEW DELHI: Brushing aside alleged reports of losses to the real estate sector during last quarter of 2016 due to demonetisation, the Centre today said experts feel that the move will purge the sector from the influence of black money, thereby making purchases affordable and within the reach of common man. Minister of State for [...]

February 3, 2017 Saheli Real Estate Comments Off on Budget 2017: Experts have hailed note ban’s positive impact on real estate, says government

Indian real estate gets a measly 1% share of global capital inflows

Indian real estate gets a measly 1% share of global capital inflows

It makes for a telling revelation that considering the 11,500 developers under the CREDAI (Confederation of Real Estate Developers’ Associations of India) umbrella, the number of developers who have consistently delivered projects across all three phases of the Indian residential real estate cycle over a 11-year period, stands at a measly 124. As per sold [...]

February 3, 2017 Saheli Real Estate Comments Off on Indian real estate gets a measly 1% share of global capital inflows

What A 2017 SEC Filing Can Tell Us About America’s Real Estate Presidency

What A 2017 SEC Filing Can Tell Us About America’s Real Estate Presidency

As America’s real estate president begins his term of office, it is, perhaps, fitting that the top loan in one of the year’s first CMBS deals turns out to be for a building that’s closely connected to the president’s son-in-law and fellow real estate developer, senior White House adviser Jared Kushner. And not just any building, [...]

January 30, 2017 Saheli Real Estate Comments Off on What A 2017 SEC Filing Can Tell Us About America’s Real Estate Presidency

Real estate firm Puranik may raise Rs225 crore from IndoStar Capital

Real estate firm Puranik may raise Rs225 crore from IndoStar Capital

Mumbai: Puranik Builders Pvt. Ltd, a Mumbai-based residential real estate developer, is in talks to raise Rs225 crore from Everstone Capital backed non-banking financial services company (NBFC) IndoStar Capital Finance Ltd, two people aware of the development said. Talks between the two parties are at an advanced stage and the transaction is expected to close [...]

January 27, 2017 Saheli Real Estate Comments Off on Real estate firm Puranik may raise Rs225 crore from IndoStar Capital