India’s real estate market, which has attracted top dollars from global and domestic investors over the years, is going through an interesting phase where each asset class in the segment has taken a journey of its own. The residential real estate segment, for instance, is emerging from the much-needed regulatory ... Read More »
But experts feel the move has it’s own set of hurdles Home buyers are increasing resorting to bailing out stuck real estate projects which the developers are unable to deliver for want of funds. The amended Bankruptcy Law which treats homebuyers on par with secured financial creditors is also facilitating ... Read More »
From the upcoming interim budget, real estate sector stakeholders will be looking forward to measures that will boost demand and lower costs for developers. Expansion of the income tax deductions available to home buyers can incentivize first time buyers and support demand growth. The deduction available on interest paid on ... Read More »
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 ... Read More »
MUMBAI: A builder can terminate a flat purchase agreement by giving just a week’s notice on email to the buyer who defaults on an installment. But the developer can refund the money without interest to the purchaser at leisure, within six months. This is one among several controversial clauses in ... Read More »
New Delhi: Real estate developers across the country are unlikely to witness higher sales this festive season even as the Reserve Bank of India (RBI) has slashed the interest rate by 0.25 per cent, according to the findings of a survey. “Buried under high debt and inability of developers to complete and hand over ... Read More »
Bengaluru: Builders across cities are rushing to complete the projects they promised as courts and customers hold them to their words ahead of tighter real estate regulation. The result: A large number of projects that were stuck are now set to be completed and delivered during the current financial year, ... Read More »
NEW DELHI | BENGALURU: The demand for office space among corporates is rising but what is holding back leasing activity is shortage of good quality office space in top cities. While many new office projects have kicked off in the last few months to augment supply, a few builders are ... Read More »
