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Nearly 60% buyers say ‘No’ to GST for under-construction properties: Poll
Publish on : 2019-01-02 10:59:14
NEW DELHI: In a recent poll conducted by Magicbricks, around 57% home buyers have said that they do not want to pay Goods and Services Act (GST) at all for under construction properties. Buyers say that they are already paying registration and stamp duty charges to the state government hence GST is...
Indiabulls Real Estate approves restructuring with subsidiaries
Publish on : 2018-12-18 19:01:39
MUMBAI: Indiabulls Real Estate has approved a composite scheme of arrangement amongst itself, direct subsidiary Indiabulls Infrastructure and step-down subsidiary India Land and Properties. The proposed restructuring is being undertaken to facilitate the agreed divestment of Chennai assets in Ch...
Realty hot spot series: Connectivity is the key selling point of this NCR locality
Publish on : 2018-12-18 10:35:49
This sought-after Gurgaon address is a high-end micro-market having proximity with key office hubs of Cyber City and Sohna Road.  In this week’s realty hotspot series we turn the spotlight on Goregaon Mumbai which is a well-developed residential-cum-commercial area comprising good physical &...
New DDA flats by Feb 2019 but size a dampener 
Publish on : 2018-12-15 12:24:32
NEW DELHI: There’s good and bad news for house aspirants in Delhi. The good news is that after much delay, Delhi Development Authority (DDA) is likely to launch its latest housing scheme in February 2019. The bad one is that the number of flats would be much less than earlier expected and out of t...
Mid income homes contributes 42% of the residential sales in 2HFY19: Report 
Publish on : 2018-12-12 19:08:59
Bengaluru: Mid income housing has emerged as the preferred segment for home buyers to purchase new homes even as the higher ticket size homes continues to see slow sales.  According to a recent study by real estate market place, Square Yards, the share of mid-market houses touched an all-time hig...
GST, infrastructure status props up warehousing realty growth
Publish on : 2018-12-04 10:51:03
 MUMBAI: The implementation of the Goods & Services Tax (GST) has sparked significant structural shifts in the Indian warehousing segment with smaller and fragmented warehouses getting consolidated into centralized warehousing hubs and an increasing focus on supply chain efficiencies.  Betwee...
Shadow banking crisis is now starting to hit India's consumers
Publish on : 2018-11-29 10:47:29
Karan Dua, an electronics shop owner in south-central Mumbai, placed his hope of crackling sales on Diwali -- the festival of lights when Indians splurge on everything from clothes to cars and jewelry to houses.  It hardly lit up business for the 35-year-old shop owner. Businesses like Dua’s are s...
JM Financial set to raise Rs 1,250 crore via retail bonds
Publish on : 2018-11-26 13:27:16
MUMBAI: JM FinancialNSE 2.02 % Credit Solutions (JMFL), a non-banking finance arm of JM Fin Group, will raise up to Rs 1,250 crore through retail bond sale, indicating that investors are likely to regain confidence in the sector.  The company, which lends to real estate builders, will offer rates...
L&T, Tata Power want a piece of Aarey forest land
Publish on : 2018-11-20 11:55:12
Activists blame government for opening up green belt for commercial use. After a series of land diversions in the Aarey forest in the last few decades, more applications are coming up for land allotments from private organisations and government.  Documents obtained by this newspaper under the RT...
WeWork India leases office area in Bengaluru, Mumbai and Gurugram
Publish on : 2018-11-17 11:53:33
October, WeWork’s India arm had picked 0.5 million sq ft of office space in one of the largest deals by a co- working company across the Mumbai Metropolitan Region and Bengaluru. “Traditional office setups include exorbitant real estate expenses amounting to 9-12% of overall operating costs wherea...

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