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 ... Read More »
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 ... Read More »
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 ... Read More »
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 ... Read More »
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 ... Read More »
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 ... Read More »
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 ... Read More »
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. ... Read More »
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 ... Read More »
(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 ... Read More »
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 ... Read More »
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 ... Read More »
