Property

Gurugram Most Suitable City To Live In Amid COVID-19: Here's Why

Gurugram Most Suitable City To Live In Amid COVID-19: Here's Why

Edited by Nikita Prasad (With inputs from Agencies) | Thursday June 17, 2021

Gurugram has secured the title of the 'most suitable city' to live in amid the COVID-19 pandemic, compared to Mumbai and Bengaluru.

Top Court Asks SBICAP Ventures To Start Funding 6 Stalled Projects Of Amrapali Group

Top Court Asks SBICAP Ventures To Start Funding 6 Stalled Projects Of Amrapali Group

Press Trust of India | Friday August 28, 2020, New Delhi

The top court asked the Centre to consider as a special case and provide the remaining money for construction of other stalled projects from the stress funds created for the real estate sector.

Top Indian Cities See A "Massive Drop" In Housing Sales: Property Consultant

Top Indian Cities See A "Massive Drop" In Housing Sales: Property Consultant

Edited by Sandeep Singh | Thursday June 25, 2020

The coronavirus (COVID-19) pandemic dented new launches, leading to an unprecedented "significantly high" gap between the supply and sales, according to ANAROCK.

Indian House Prices To Fall For First Time In At Least A Decade: Poll

Indian House Prices To Fall For First Time In At Least A Decade: Poll

Reuters | Friday June 19, 2020, Bengaluru

The country's property market was being hobbled by a cash crunch even before the coronavirus outbreak, which has already infected more than 3,50,000 in the world's second most populous country.

Impetus To Realty Demand, But More Needs To Be Done: Property Consultants

Impetus To Realty Demand, But More Needs To Be Done: Property Consultants

Written by Sandeep Singh and Peter Noronha | Wednesday May 20, 2020

The government's "Atma Nirbhar Bharat" package to battle the economic fallout from the coronavirus pandemic gave real estate developers few reasons to cheer.

Why Property In Gurugram Will Cost Much More

Why Property In Gurugram Will Cost Much More

Written by Sandeep Singh | Thursday January 02, 2020

The Haryana government has proposed higher collector rates for the Gurugram district, marking the second revision for current financial year. The state government currently reviews the collector rates - also known as circle rates - applicable to the region twice a year. Collector rate is the minimum value at which a property is registered at the time of changing hands, and is a major source of revenue for authorities. These rates are administered by state authorities from time to time, and therefore vary from city to city. While the proposed collector rates may affect demand in the district, it may boost the Noida and Greater Noida markets, say property consultants.

Rs 10,000-Crore Push For Affordable Housing Projects: Nirmala Sitharaman

Rs 10,000-Crore Push For Affordable Housing Projects: Nirmala Sitharaman

Edited by Sandeep Singh (with inputs from agencies) | Saturday September 14, 2019

Finance Minister Nirmala Sitharaman on Saturday announced a special window of Rs 10,000 crore to boost affordable and middle-income housing. The move was announced as part of a third instalment of steps within three weeks to boost the economy, which grew at its slowest pace in six years in the first quarter of the current financial year. The government will make funding available for "net worth positive" housing projects that are not in a bankruptcy process or classified as non-performing assets (NPAs), Nirmala Sitharaman said.

Centre Likely To Announce Measures For Real Estate Sector This Week: Report

Centre Likely To Announce Measures For Real Estate Sector This Week: Report

Indo-Asian News Service | Tuesday September 03, 2019, New Delhi

The government is likely to increase the ambit of affordable houses from Rs 45 lakh to Rs 70 lakh, according to the report.