Page 73 - Real Estate

Budget 2019 analysis: Here's what 5 key sectors expected and what they got

EY analyses Nirmala Sitharaman's Budget 2019 for Business Standard, comparing the expectations of five key sectors of the economy and what they actually got in Budgetary provisions

Budget tax deduction on home loan interest to boost housing: Realtors

Real estate should have been 'industry' status in Budget, say industry representatives.

Honest Shelters strikes agreement to buy Worli's iconic Palais Royale

Palais Royale was designed to accommodate immediate occupation following any earthquake in the city of Mumbai

Water crisis: Construction ban in Bengaluru may dent realty sector growth

Bengaluru has been at the forefront of real estate recovery in the past few quarters

Stagnant property prices fail to take sheen off Mumbai land deals

Sales have declined 2% in the fourth quarter of the financial year 2018-19

Illegal alterations don't justify absence of occupancy certificate

A builder cannot escape his liability to obtain the OC by blaming the buyer for illegal changes

For NRI investors, commercial realty is the more lucrative option

It is likely to continue to offer better rental yield and capital appreciation as compared to residential property

50% residential units sold in last 6 quarters priced below Rs 50 lakh

Experts say CLSS benefits, effective GST rate are helping attract buyers

Big brands wield clout among young homebuyers in tier 2 and 3 cities

Real estate players with high recall brands have since upped their game and account for 56 per cent share of the total housing supply in 2018

Big listed real estate companies drive profits home in a dull market

BSE Realty Index, which tracks listed developers, has gone up 19 per cent since the beginning of the year, while BSE Sensex went up just 10 per cent

Real estate, auto companies prep to use immersive media tools for business

Adoption of immersive media in India is at the same pace as other developed market

PE-backed housing platforms bet big on mid-income housing projects

The reduction in GST rates for affordable housing, added with the credit-linked subsidy scheme of the central government, has pushed the demand for such houses

Embassy to ride on Indiabulls to foray into Mumbai, NCR realty markets

Blackstone may see Embassy as an excellent vehicle for spreading its wings across cities in the future but for now the Indiabulls deal does more than that

Evaluate investment opportunities in fast-growing tier-II and III cities

The key for real estate investors is to evaluate whether employment opportunities will grow, and infrastructure projects will be implemented

Realtors say ruling on delayed handover of flats not one-size-fits-all

Homebuyers can now seek a refund if the hand-over of a flat is delayed by more than one year

Haven't got possession of flat? Claim refund if project delayed beyond a yr

In case of non-delivery of projects within the prescribed deadline, the builder will refund the entire amount with 10% interest

Delhi 7th globally in prime property price rise, Mumbai 31st: Knight Frank

Annual average prime price growth stands at 1.3% across 45 global cities

Keep more money in your purse, NHB tells housing finance companies

Within the housing finance sector, the NHB has a dual role

GST relief for homebuyers, builders in Bengal after rule change on services

AAR has ruled that services such as preferential location charges (PLC), space for parking, common area maintenance services could be bundled with the main construction services

NBFC crisis may push up borrowing costs for real estate developers

Along with housing finance companies, NBFCs account for about 60% of property developers' loans