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  • 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

    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

    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

    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

    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

    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

    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

    The government is likely to increase the ambit of affordable houses from Rs 45 lakh to Rs 70 lakh, according to the report.
  • Mumbai residential prices fall first time since 2008: Survey

    Mumbai residential prices fall first time since 2008: Survey

    Residential property prices in Mumbai declined 9.1 per cent last fiscal, recording the first price fall since the 2008 global financial crisis, said a survey by consultancy firm Knight Frank. According to the survey titled 'Knight Frank Prime Global Cities Index Q1 of 2012', the prices of properties in prime global cities in the first quarter of 2012 fell 0.4 per cent on a year-on-year basis.
  • DLF in talks with Lodha, Runwal, Sheth to sell Mumbai land: Report

    DLF in talks with Lodha, Runwal, Sheth to sell Mumbai land: Report

    DLF is in talks with three Mumbai-based real estate companies -- Lodha Developers, Runwal Group and Sheth Creators, to sell a piece of land in central Mumbai
  • Mumbai property registrations fall 5.9% in July

    Mumbai property registrations fall 5.9% in July

    Mumbai property sale registrations fell 5.9 per cent to around 15,000 in July 2012 in comparison to July 2011.
  • Mumbai property: Five reasons why prices never fall

    Mumbai property: Five reasons why prices never fall

    Residential property prices in Mumbai rarely fall. We tell you why
  • Noida Extension: Housing prices to go up by at least 25%

    Noida Extension: Housing prices to go up by at least 25%

    Real estate developers expect home prices to rise by at least 25 per cent in Noida Extension as the government's approval to Greater Noida master plan has paved the way for start of construction, which was stalled for over a year in the area. The National Capital Region Planning Board (NCRPB) has given its nod for master plan, which was made mandatory by a court order in October 2011 for any construction activity in Noida Extension.
  • Realty shares rally on retail FDI action

    Realty shares rally on retail FDI action

    Shares of Indian property developers rally on hopes the government's move to allow foreign direct investment in multi-brand retail chains will boost demand for commercial property.
  • GoM puts off decision on Land Acquisition Bill

    GoM puts off decision on Land Acquisition Bill

    A Group of Ministers (GoM) formed to examine certain provisions of the controversial Land Acquisition Bill met today but no decisions were taken in the meeting.
  • Govt may relax lending norms for cash-strapped realty sector

    Govt may relax lending norms for cash-strapped realty sector

    The Finance Ministry is considering a proposal to relax funding norms for the realty sector so that good housing projects are not starved of funds.

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