Monday 26th June 2017,
Radio Metta

Real Estate

Budget 2017 expectations: How do we fuel consumption of real estate?

Budget 2017 expectations: How do we fuel consumption of real estate?

(The writer is national director, knowledge systems, Colliers International India) By: Housing.com/news Tags  Property Trends affordable housing Benami transactions Budget 2017 Colliers International India Corporate tax Demonetisation goods and services tax GST home loan house rent allowance HRA Income Tax MAT Minimum Alternate Tax property real estate Real Estate Regulation Act RERA Section 80 GG [...]

January 27, 2017 Saheli Real Estate Comments Off on Budget 2017 expectations: How do we fuel consumption of real estate?

Chambers seeks ‘industry’ status to real estate sector

Chambers seeks ‘industry’ status to real estate sector

VIJAYAWADA: Andhra Pradesh Chambers of Commerce and Industry Federation (APCCIF) president Muthavarapu Murali Krishna wrote a letter to Union Finance Minister Arun Jaitley suggesting various measures for promoting the real estate sector. He stated that the real estate business had slowed down in the last couple of years in spite of tax incentives, and that [...]

January 23, 2017 Saheli Real Estate Comments Off on Chambers seeks ‘industry’ status to real estate sector

China’s real estate sector slows

China’s real estate sector slows

Although China’s GDP rose to 6.8 per cent in the fourth quarter of 2016 and there was a general improvement in both the services sector and domestic consumption, there was a visible retreat in the real estate market. The National Bureau of Statistics (NBS) reported on Saturday that the real estate sector growth dipped from [...]

January 23, 2017 Saheli Real Estate Comments Off on China’s real estate sector slows

What makes a real estate investment location lucrative?

What makes a real estate investment location lucrative?

A simple Google search on real estate investment locations will throw up hundreds of results. Finding genuine online advice – the kind that can lead you to a truly lucrative real estate investment decision – is like finding the proverbial needle in the haystack. The internet’s usefulness as a tool to guide your property investment [...]

January 23, 2017 Saheli Real Estate Comments Off on What makes a real estate investment location lucrative?

Blackstone readies new Asia real estate fund of at least $5 bn: Sources

Blackstone readies new Asia real estate fund of at least $5 bn: Sources

HONG KONG: Blackstone Group LP is readying a new Asia-focused real estate fund that aims to raise a record $5 billion or more, betting on strong returns from property investments in the region, people familiar with the plans told Reuters. The world’s biggest alternative asset manager will likely launch the fund in the next 12-16 [...]

January 23, 2017 Saheli Real Estate Comments Off on Blackstone readies new Asia real estate fund of at least $5 bn: Sources

Top 10 expectations of real estate sector from Budget 2017

Top 10 expectations of real estate sector from Budget 2017

Real estate industry has high expectation from the upcoming budget 2016-17. Stakeholders are demanding that central government gives relaxation in income tax rate, provide clarity on GST, raise House Rent Allowance (HRA) deduction and announce policies to standardize construction materials in order to uplift the real estate industry. Take a look at some of the [...]

January 19, 2017 Saheli Real Estate Comments Off on Top 10 expectations of real estate sector from Budget 2017

Notional loss: MMR lost ₹9,100cr in real estate sales from Oct to Dec 2016

Notional loss: MMR lost ₹9,100cr in real estate sales from Oct to Dec 2016

The real estate sector of the Mumbai Metropolitan Region (MMR) suffered a loss of around Rs9,100 crore as the residential market sales fell in the last three months after demonetisation. The state government too lost at least Rs460 crore as stamp duty during the period between October and December 2016, claimed market sources. The estimates [...]

January 19, 2017 Saheli Real Estate Comments Off on Notional loss: MMR lost ₹9,100cr in real estate sales from Oct to Dec 2016

Real estate company dupes senior citizens

Real estate company dupes senior citizens

AHMEDABAD: A real estate firm located on Anandnagar Road has allegedly duped consumers in a land deal, according to a complaint received by Consumer Education & Research Centre (CERC). So far, around 20 complaints were registered with CERC’s complaints department in connection with the case. According to CERC officials, the real estate firm announced the [...]

January 19, 2017 Saheli Real Estate Comments Off on Real estate company dupes senior citizens

Will developers now focus on budget homes?

Will developers now focus on budget homes?

Affordable housing will be the first asset class likely to lift the gloom in the residential market. Interestingly, a slight improvement can be expected in the last two quarters of 2017. This will be led by affordable housing as the government gives a push to this segment to fulfil the objectives of Housing for All [...]

January 17, 2017 Saheli Real Estate Comments Off on Will developers now focus on budget homes?

Nobody has right to dilute RERA passed by Parliament: Naidu

Nobody has right to dilute RERA passed by Parliament: Naidu

Amid reports of dilution of key provisions of new realty law by some states, Union Minister M Venkaiah Naidu today said it should be implemented in true spirit and nobody has the right to dilute the law passed by Parliament. The union housing and urban poverty alleviation minister also asked the states to gear up [...]

January 17, 2017 Saheli Real Estate Comments Off on Nobody has right to dilute RERA passed by Parliament: Naidu

Venkaiah Naidu urges states to implement Real Estate Act

Venkaiah Naidu urges states to implement Real Estate Act

Union Housing and Urban Poverty Alleviation Minister Venkaiah Naidu on Tuesday urged the states and union territories to and implement the Real Estate (Regulation & Development) Act from May this year, as proposed in the legislation, an official statement said. He made the request at a meeting of Chief Secretaries and senior officials of states [...]

January 17, 2017 Saheli Real Estate Comments Off on Venkaiah Naidu urges states to implement Real Estate Act

States have no power to dilute Real Estate Act, may face public outcry: Venkaiah Naidu

States have no power to dilute Real Estate Act, may face public outcry: Venkaiah Naidu

NEW DELHI: Coming down heavily on the states that have diluted the real estate regulatory Act, Union minister M Venkaiah Naidu on Tuesday said states have no power to dilute the provisions and this will have serious implications including public outcry. The minister of Housing and Urban Poverty Alleviation (HUPA) also urged the states and [...]

January 17, 2017 Saheli Real Estate Comments Off on States have no power to dilute Real Estate Act, may face public outcry: Venkaiah Naidu