The company say that housing markets have positioned themselves well compared to spring 2020, ie before Covid-19. Demand in the housing market has traditionally been relatively insensitive to exogenous shocks and policy makers in most countries have reacted strongly and quickly. It is also clear ... Read more...
As part of the AatmaNirbhar Bharat Package 3.0 as announced by Finance Minister on 12th November, 2020, certain income tax relief measures were brought in for real-estate developers and home buyers. Till 2018, section 43CA of the Income-tax Act, 1961 provided for deeming of the stamp duty value (... Read more...
While the housing sector in the Mumbai Metropolitan Region (MMR) witnessed a pickup in sales in the September-October period, brokers said there was more to it than meets the eye. Too woo homebuyers, developers have been showering offers, such as lower booking amount and a full refund on cancellatio... Read more...
Knight Frank in its ‘Prime Global Forecast 2021’ report cited, the prime residential prices across the 22 cities (on average) are expected to remain static in 2020, before rising by 2% in 2021. The prime residential market of Mumbai, though expected to see a flat 0.0% annual price change in 2021... Read more...
Dhruv Agarwala, Group CEO, Housing.com, Makaan.com & PropTiger.com. The festival season provided a lot of respite for the real estate sector as many developers clocked in strong sales over the last month and a half. This goes to show that despite the challenging macro environment there are co... Read more...
Max group’s realty arm Max Estates on Monday said it has started construction of its new commercial project, comprising mainly office space, in Noida with an investment of Rs 400 crore. The company has roped in New York Life Insurance Company as financial partner to develop this project Max Square... Read more...
Aakash Ohri, Senior Executive Director, DLF Home Developers Limited. As restrictions begin to lift all around the world, people are looking closely for investment opportunities. Placing their quality of life at the forefront of their decision making, some of these investments will inevitably mean... Read more...
Mohali: TDI Infratech Limited announced that it is going to invest Rs 100 crore in its latest offering Park Street coming up in Sector 118 Mohali. Spread over 1.38 acres, the commerecial project will have a total built-up area of 1.5 lakh sq ft and will be delivered by December 2022. The project is ... Read more...
US new home construction rose in October by more than forecast to the fastest pace since February, highlighting a robust residential real estate market that's helping spur the economy. Residential starts increased 4.9 per cent to a 1.53 million annualized rate from an upwardly revised 1.46 milli... Read more...
eXp World Holdings, the holding company for eXp Realty, one of the fastest-growing residential and commercial real estate companies in the world, has expanded its collaborative, cloud-based real estate brokerage model into India, under the eXp India banner. The addition of residential and comme... Read more...