The Indian housing sector is yet to recover from the effects of demonetisation and Goods & Services Tax (GST). Home sales in the luxury and mid-size segment have plummeted, while only the affordable segment has done well. Demonetisation and implementation of GST affected home prices across India.
A report in The Washington Post said two firms - Children's Investment Fund Foundation, a charity of the British billionaire Christopher Hohn and Axon Partners, an equity firm run by former Goldman Sachs executive Dinakar Singh - invested nearly USD 300 million in the Indian real estate development
New Delhi, March 19 (IANS) The State Bank of India (SBI) on Monday signed a memorandum of understanding (MoU) with the India Mortgage Guarantee Corporation (IMGC) to offer mortgage guarantee scheme for prospective non-salaried home loan seekers.
New Delhi, March 19 (IANS) The State Bank of India (SBI) on Monday signed a memorandum of understanding (MoU) with the India Mortgage Guarantee Corporation (IMGC) to offer mortgage guarantee scheme for ...
The offering will help increase home loan eligibility up to 15 per cent within the regulatory norms, the State Bank of India (SBI) said in a statement.
Godrej Fund Management made the first close of its USD 450 million office development fund and the first close of its USD 150 million office investment fund. Unlike housing sector, the commercial real estate, particularly office buildings, is performing fairly well and attracting huge interest from domestic
Called the ‘doorstep delivery of fuel’, IOCL announced this initiative on Twitter. The image posted on Social Media platform shows a truck with a fuel tanker attached to a dispenser.
Whenever she would go to a public gathering or meeting, Shailaja would be bombarded with questions about her poll promise
The company has announced the first close of two new office funds that will develop office assets worth in excess of US $1 billion
States are concerned about protecting their revenue from levies like stamp duty, registration charges and property tax levied on real estate, the report said.
New Delhi, March 19 (IANS) After four consecutive years of slump and low demand in the real estate sector, market participants believe 2018 will be a year of revival as the sector has finally shed the impact of demonetisation, Goods and Services Tax (GST) and the implementation of the Real Estate Regulatory
Amrapali Group is facing insolvency proceedings initiated by its creditors for defaulting on its loans. The group had earlier submitted that it was not in a position to deliver the completed projects in a time bound manner.
Addressing a conference on ‘Pradhan Mantri Awas Yojana (Urban) –Housing for All by 2022' organised by industry body FICCI here, he said there has been a “criminal neglect” of urban planning for the 67 years which has lead to current problems in urban sector.
Ask resolution professional to make sure an amount of Rs 4000 crore is deposited in an escrow account to complete ongoing projects latest by December 2019
The top court said the meeting of representatives of Amrapali Group and the home buyers shall be held at the Supreme Court consultation room on March 17.
The construction and real estate sector plays a vital role as it is the second largest job provider after agriculture, he said.
Though valuations of the home textile stocks appear undemanding, investors may consider going long on Himatsingka Seide and Trident given their ability to tackle headwinds better than their peers, good fundamentals, and strong execution competencies.
Black sheep and fly by night operators in the real estate sector should be kept at a distance, Naidu tells realtors’ apex body CREDAI.
Uttarakhand chief secretary Utpal Kumar has directed that the list of IAS officers who failed to submit the details of their property to the state government by January 31 be given to the Vigilance Department by the end of this month, an official spokesman said today.