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Realty hot spot series: Good infrastructure is the main draw of this Kolkata locality

Publish on : 2020-06-09 12:44:58

There are 1,2,3 and 4 BHK properties in the locality. The houses are priced between Rs 2,700 per sq foot (sq ft) and Rs 5, 900 per sq ft. A 1-BHK (480 sq ft) costs an average of Rs 17 lakh and a 4-BHK (1,900 sq ft) costs about Rs 80 lakh. This week's realty hot spot series features Garia-Patuli,...

Jaypee home buyers want to be in monitoring committee

Publish on : 2020-06-09 12:38:40

Meanwhile, a homebuyers’ association has appealed to the NCLAT to be made a party in the interim monitoring committee that will look into the day-to-day affairs of the builder company. NOIDA: Despite a growing clamour for fast takeover the of debt-ridden Jaypee Infratech, state-run NBCC has said...

Realtors’ body asks PM for urgent relief

Publish on : 2020-06-02 14:22:46

The association, which has some 15,000 developer members, has sought one-time debt restructuring, lower interest rate on home loans and tax sops to boost liquidity and demand. NEW DELHI: Realtors’ apex body Credai has written to Prime Minister Narendra Modi, seeking immediate relief measures to t...

Covid-19 no bar for govt realty stress fund

Publish on : 2020-06-02 14:17:40

The new set of stuck projects that have been finalised for investment are located in cities and towns such as Bengaluru, Chennai, National Capital Region, Bahadurgarh, Sonipat and Rewari. The SBICAP Ventures managed last-mile fund for stressed real estate projects has cleared investments of over...

Realty hotspot series: Average price of 3-BHK in this Mumbai suburb is Rs 62 lakh

Publish on : 2020-06-02 14:13:10

ET Wealth takes a look at localities that lie beyond Mira Road in Mumbai. These include areas such as Naigaon, Nalasopara, Vasai, and Virar. This week's Realty Hot Spot series takes a look at localities that lie beyond Mira Road in Mumbai. These include areas such as Naigaon, Nalasopara, Vasai, a...

Sell unsold units at 'no-profit-no-loss' to save interest, boost liquidity: Gadkari to realty cos

Publish on : 2020-05-09 16:57:06

Promising his full support, Gadkari also advised builders to send their representatives to ministries of housing and finance as well as the Prime Minister's Office (PMO) to suggest ways to deal with the present crisis. New Delhi: Union Minister Nitin Gadkari on Wednesday exhorted real estate play...

Housing rent up 1-4% in last one year: Report

Publish on : 2020-05-07 13:29:44

The rental value of residential apartments in Chennai, Kolkata and Ahmedabad grew by 2 per cent. NEW DELHI: Housing rent has increased by 1-4 per cent in the last one year across eight major cities, according to a report by property portal 99acres.com. According to the report, the rental value of...

COVID-19 impact: Most prospective homebuyers prefer reputed pvt builders, govt authorities

Publish on : 2020-05-05 13:22:09

"COVID-19 has changed buyer preferences with more people now preferring risk-free investments. 62 per cent prospective buyers prefer to buy a home from leading developers with least project execution risks even if the property is relatively higher priced," Anarock said in a report. NEW DELHI: W...

COVID-19 impact: Mumbai region residential bookings down 78% in February, March from January

Publish on : 2020-04-13 14:40:11

During these two months, total number of customer walk-ins dropped by almost 80%, while 7,766 confirmed scheduled site visits were cancelled due to COVID-19 in a span of 30 days. MUMBAI: Bookings of residential apartments in Mumbai Metropolitan Region (MMR) in the last two months of February an...

After builders’ appeals, Rera will relax delivery timelines

Publish on : 2020-04-08 15:12:14

Naredco-UP, a body of realtors, wrote to Rera on Monday that it couldn’t honour the timelines set by the regulatory body as work on all projects have been stalled in the aftermath of the lockdown. It asked for a fresh set of timelines. NOIDA: The Real Estate Regulatory Authority (Rera) of the sta...