Real Estate News

Budget 2024: Can Industry Status For Real Estate Sector Help India Become Third Largest Economy In The World?

Budget 2024: Can Industry Status For Real Estate Sector Help India Become Third Largest Economy In The World?

As per industry estimates, the market size of the real estate sector was touted to be approximately $180 bn as of FY 2020 with current projections to touch USD 650 bn as of FY2025.

Jan 13, 2024, 16:52 PM IST
UP RERA Gives 15-Day Ultimatum To Promoters To File Progress Reports On Housing Projects

UP RERA Gives 15-Day Ultimatum To Promoters To File Progress Reports On Housing Projects

Not updating quarterly progress reports of projects amounts to violation of the relevant provisions of the RERA Act, UP RERA Chairman Sanjay Bhoosreddy said.

Jan 12, 2024, 15:29 PM IST
Interim Budget 2024: Realty Sector Seeks Reintroduction Of Interest Subvention Scheme; Separate Deduction For Principal Repayment

Interim Budget 2024: Realty Sector Seeks Reintroduction Of Interest Subvention Scheme; Separate Deduction For Principal Repayment

The real estate has pinned high hopes on FM Nirmala Sitharaman's Interim Budget 2024.

Jan 12, 2024, 13:30 PM IST
Property Boom In Ayodhya Ahead Of Ram Mandir Inauguration

Property Boom In Ayodhya Ahead Of Ram Mandir Inauguration

Multiple real estate agents have confirmed that a significant number of inquiries are coming. Around 90 percent of these inquiries are about land, plots, or flats in and around Ayodhya.

Jan 10, 2024, 17:11 PM IST
Ayodhya Real Estate Booms Ahead Of Ram Mandir Inauguration

Ayodhya Real Estate Booms Ahead Of Ram Mandir Inauguration

The entire city of Ayodhya has experienced positive impacts due to the temple construction, leading to a fourfold increase in real estate prices. 

Jan 06, 2024, 19:07 PM IST
Interim Budget 2024: Realty Sector Hopes PM Modi's Vision Of Housing for All Continues To Get Priority

Interim Budget 2024: Realty Sector Hopes PM Modi's Vision Of Housing for All Continues To Get Priority

Among other expectations from the realty sector is increasing the maximum limit of deduction from Rs 2 lakh on housing loan interest rates under Section 24 of the Income Tax Act up to at least Rs 5

Jan 05, 2024, 10:09 AM IST
'No Legal Justification For Super Area': UP RERA Asks Builders To Sale Apartments According To Carpet Area Only

'No Legal Justification For Super Area': UP RERA Asks Builders To Sale Apartments According To Carpet Area Only

Sale of units/ apartments on this basis will be considered illegal and according to the provisions of RERA Act, buying and selling of apartments is legal only on the basis of carpet area, said the UP

Jan 03, 2024, 19:29 PM IST
Interim Budget 2024: Real Estate Sector Expects Maximum Deduction For Home Loans

Interim Budget 2024: Real Estate Sector Expects Maximum Deduction For Home Loans

Here are the expectations of realty sector from Interim Budget 2024

Jan 02, 2024, 15:53 PM IST
Property Registration In Mumbai City Rises 4% To Record 1,26,907 Units In 2023: Report

Property Registration In Mumbai City Rises 4% To Record 1,26,907 Units In 2023: Report

The state government collected a revenue of Rs 10,869 crore as stamp duty in 2023, up 22 percent from the previous year.

Jan 01, 2024, 08:25 AM IST
Housing Sales In Top 7 Cities Created A New Peak In 2023, See 31% Yearly Growth, Data Shows

Housing Sales In Top 7 Cities Created A New Peak In 2023, See 31% Yearly Growth, Data Shows

Residential sales stood at approx. 4,76,530 units in 2023 against 3,64,870 units in 2022 across the top 7 cities – rising yearly by 31%. 

Dec 28, 2023, 17:00 PM IST
Huge Relief To Home Buyers! Decks Clear For House Registry, Stalled Projects In Noida, Greater Noida

Huge Relief To Home Buyers! Decks Clear For House Registry, Stalled Projects In Noida, Greater Noida

The decision will impact around 190 group housing projects across Noida and Greater Noida where developers are yet to clear dues amounting to around Rs 32,000 crore while over one lakh flats are yet

Dec 28, 2023, 09:39 AM IST
Industrialist Harsh Goenka 'Hopes' Mumbai's Dharavi To Be As Beautiful As Adani Shantigram Township

Industrialist Harsh Goenka 'Hopes' Mumbai's Dharavi To Be As Beautiful As Adani Shantigram Township

The Dharavi Slum Redevelopment project involves rebuilding the Dharavi slum sprawl in central Mumbai, located near the BKC business district.

Dec 08, 2023, 08:55 AM IST
Noida Land Acquisition Compensation Corruption: SC Asks SIT To Probe Past 15 Years’ Acquisition, Submit Report In 1 Month

Noida Land Acquisition Compensation Corruption: SC Asks SIT To Probe Past 15 Years’ Acquisition, Submit Report In 1 Month

The Supreme Court has posted the case for next hearing on January 17, 2024, before which the SIT has to submit its report.

Nov 27, 2023, 11:40 AM IST
Healthcare Infra Must Adapt To Requirements Of Citizens Above 60 Yrs: PwC-ASLI Report

Healthcare Infra Must Adapt To Requirements Of Citizens Above 60 Yrs: PwC-ASLI Report

The report said the elderly population is highly susceptible to chronic diseases, infections, age-related health issues, and cognitive decline, making their healthcare needs more complex.

Nov 25, 2023, 17:17 PM IST
Iconic 'Sex Education' House Listed For Sale; You Won't Believe Its Price

Iconic 'Sex Education' House Listed For Sale; You Won't Believe Its Price

For those who are unaware, the program centers around Otis. It is renowned for its open discussion of subjects that are ordinarily regarded as taboo.

Oct 02, 2023, 15:02 PM IST
“South Bombay Hai Boss, Compromise Toh Karna Padega”: Internet Gets Claustrophobia Seeing 1BHK Home At 2.5 Crore

“South Bombay Hai Boss, Compromise Toh Karna Padega”: Internet Gets Claustrophobia Seeing 1BHK Home At 2.5 Crore

Priced at Rs 2.5 crore --that the instagram user claims -- the house appears to be nothing less than a matchbox, with very little space for bedroom, bathroom, kitchen and the so called balcony.

Sep 07, 2023, 13:37 PM IST
What Is The Price Of Land On The Moon? It Is Only Rs...

What Is The Price Of Land On The Moon? It Is Only Rs...

According to popular belief, there will soon be life on the moon, and humans will be able to relocate there. Several rumours also have been made concerning people purchasing land on the moon.

Aug 25, 2023, 14:49 PM IST