Tuesday 24th November 2020,
Radio Metta

sector

Budget 2017: Affordable housing and infrastructure status to add much needed impetus to drive real estate sector

Budget 2017: Affordable housing and infrastructure status to add much needed impetus to drive real estate sector

  When it comes to setting priorities, Housing For All has been the point of focus for the Modi government since it came to power in 2014. The Policies and programmes developed by the Ministry of Housing under the NDA government, have been supported by budgetary interventions, bringing in a refreshing transformation in the real [...]

February 14, 2017 Saheli Uncategorized Comments Off on Budget 2017: Affordable housing and infrastructure status to add much needed impetus to drive real estate sector

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

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

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

COMMENT: Banning pre-launch real estate sale a stick the sector needed

COMMENT: Banning pre-launch real estate sale a stick the sector needed

All one needed to be in the real estate sector was political connect and muscle power. Money and skill sets were least of the concerns for an entrepreneur. Skill sets were available off the shelf or as in most cases outsourced to a developer who would design and erect the property. As for money, these [...]

January 5, 2017 Saheli Real Estate Comments Off on COMMENT: Banning pre-launch real estate sale a stick the sector needed

Real estate sector takes a hit after demonetisation

Real estate sector takes a hit after demonetisation

KOCHI: Kandukuri Vinoda, a home-maker in Telangana, was one of the early victims of demonetisation drive as she committed suicide. She had Rs 54 lakh cash after selling land. There is a co-relation between real estate transactions and demonetisation. The former being often high-value ones, the customer will always be asked for the source of [...]

November 24, 2016 Saheli Real Estate Comments Off on Real estate sector takes a hit after demonetisation

Slash stamp duty to clean up real estate sector: Assocham

Slash stamp duty to clean up real estate sector: Assocham

To further intensify the crackdown on black money, Assocham has suggested the Centre to impress upon states to “drastically” lower stamp duty on residential and commercial property deals to dissuade people from undervaluing purchases. The industry body said that the biggest beneficiary of the move would be buyers of residential or commercial properties. “One of [...]

November 13, 2016 Saheli Real Estate Comments Off on Slash stamp duty to clean up real estate sector: Assocham

The Un-real Estate: The sector that is going to take the biggest hit

The Un-real Estate: The sector that is going to take the biggest hit

ON the Monday after Diwali, the last transaction a realtor oversaw in Mumbai was the re-sale of a two-bedroom home, with a carpet spread of 700 square feet. The apartment, in a 30-year-old high-rise, went for Rs 3.80 crore, roughly the market price in the south-central Mumbai belt. The price of the asset was calculated [...]

November 13, 2016 Saheli Real Estate Comments Off on The Un-real Estate: The sector that is going to take the biggest hit

More pain in store for real estate, jewellery sector stocks

More pain in store for real estate, jewellery sector stocks

Real estate and jewellery continued to reel under selling pressure on Friday, three days after the government demonetised Rs 500 and Rs 1,000 notes in a bid to curb black money circulation in the economy. While the Nifty Realty index tanked nearly 5% in morning deals, stocks of most gems and jewellery makers lost up [...]

November 11, 2016 Saheli Real Estate Comments Off on More pain in store for real estate, jewellery sector stocks

Where the Indian real estate sector will really take a hit due to demonetisation

Where the Indian real estate sector will really take a hit due to demonetisation

There is currently a lot of debate happening on how the government’s demonetisation move will impact the real estate sector. The Nifty Realty Index fell almost 12% on Wednesday, purely on sentiment. While the bellwether indices are hinting at dark days ahead, these fears can at best be called unfounded when it comes to the [...]

November 11, 2016 Saheli Real Estate Comments Off on Where the Indian real estate sector will really take a hit due to demonetisation

Why the real estate sector appears vulnerable to anti-trust allegations

Why the real estate sector appears vulnerable to anti-trust allegations

New Delhi: Why does the real estate sector get so many cases of allegations of violating anti-trust principles? The Competition Commission of India (CCI) has dismissed another allegation of abuse of dominant position by realtor Supertech, the Press Trust of India reported on Tuesday. Many realtors face complaints of competition law violation, which the CCI [...]

November 3, 2016 Saheli Real Estate Comments Off on Why the real estate sector appears vulnerable to anti-trust allegations