December quarter results show rental income from commercial assets is alleviating, at least partially. Residential properties still not up to the mark The mood was sombre in the December quarter among real estate firms. The November ban on old, high-value banknotes affected the real estate sector hugely, given that it ... Read More »
Irvine-based ValueRock Realty Partners, a real estate investment and operating company, has acquired a two-story office building at 6700 E. Pacific Coast Highway in Long Beach. The firm acquired the 76,939-square-foot coastal infill property for $24 million from Colton Cos. Built in 1983, the property known as Congressional Place is ... Read More »
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 ... Read More »
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 ... Read More »
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 ... Read More »
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 ... Read More »
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 »
