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Real Estate

Pune sees 11% drop in property registration during November: Report

Pune sees 11% drop in property registration during November: Report

Sat, Dec 14, 2024

Registration of properties fell 36 per cent in November compared to 20,894 units in October this year.

Rajiv Bajaj's Rishabh Family Trust buys property in Pune: Property consultant

Rajiv Bajaj's Rishabh Family Trust buys property in Pune: Property consultant

Thu, Dec 12, 2024

The transaction was carried out under the Rishabh Family Trust, with Deepa Bajaj, wife of Rajivnayan Bajaj, serving as the signatory.

297% return in 5 years: This real estate stock hits 52-week high after Nomura initiates 'buy' call - Check target

297% return in 5 years: This real estate stock hits 52-week high after Nomura initiates 'buy' call - Check target

Wed, Dec 04, 2024

Real Estate Stock to BUY: Shares of real estate firm Oberoi Realty hit a new 52-week high after global brokerage firm Nomura initiated a 'buy' call on the stock. The surge in the scrip also comes on a day Sensex reclaimed 81,000 level in early trade amid fresh foreign fund inflows.

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Notes ban likely to impact cashless economy, bonds: India Ratings

Notes ban likely to impact cashless economy, bonds: India Ratings

Fri, Nov 11, 2016

The government's recent ban on circulation of Rs 500 and Rs 1,000 currency notes is likely to impact various sectors right from cashless economy to growth of India's economic growth to financials of payments banks and banks, among others, said India Ratings and Research (Ind-Ra).

Currency demonetisation: Housing prices may see correction, says Knight Frank

Currency demonetisation: Housing prices may see correction, says Knight Frank

Wed, Nov 09, 2016

In a move to curb black money, Prime Minister Narendra Modi's on Tuesday said that Rs 500 and Rs 1000 currency notes will cease to be legal tender. India's real estate sector, the biggest generator of black money, is already feeling the pinch.

Real estate may attract 12% or 18% tax rate under GST: Report

Real estate may attract 12% or 18% tax rate under GST: Report

Mon, Nov 07, 2016

A lower tax rate of 12% will reduce housing price and boost demand, but 18% tax rate could end up increasing the cost of homes, JLL said.

All India-House Price Index at its highest in six year: RBI

All India-House Price Index at its highest in six year: RBI

Mon, Oct 24, 2016

Housing prices in India increased in the first quarter of the current fiscal in all cities, touching their highest point in six years on sequential basis, said the Reserve Bank of India (RBI) on Monday in its quarterly released Housed Price Index (HPI) data.

SEBI board brings fresh norms under REITs, InvIT

SEBI board brings fresh norms under REITs, InvIT

Fri, Sep 23, 2016

In a move to make the above captioned instruments more attractive for investment, Sebi has now allowed both REITs and InvITs to invest in two level Special Purpose Vehicle (SPV) structure through holding company (Holdco). Such is subject to sufficient shareholding in the Holdco and the underlying SPV.

Kumar Urban raises Rs 300 crore from Altico Capital for its KUL Ecoloch project

Kumar Urban raises Rs 300 crore from Altico Capital for its KUL Ecoloch project

Wed, Sep 14, 2016

Sanjay Grewal, CEO of Altico Capital mentioned that “The project location, specifications, sales and construction progress, promoter resourcefulness as well as significant track record of the KUL Group in the Pune market were the key drivers for Altico Capital’s investment in the project.”

Reliance Capital board approves plan for independent listing of home finance arm

Reliance Capital board approves plan for independent listing of home finance arm

Tue, Sep 13, 2016

Anmol A. Ambani, Director of Reliance Capital said,”We expect the listing and allotment of shares in RHF, free of cost to unlock significant value for our almost one million strong shareholder family.

In four charts: Over 30,000 homes remain unsold in Delhi region

In four charts: Over 30,000 homes remain unsold in Delhi region

Tue, Sep 06, 2016

Nearly 30,000 homes are lying vacant in National Capital Region (NCR). According to data available, Greater Noida leads the table with 15,000 unsold houses, followed by Faridabad, Noida and Gurgaon with 10,000 units, 5,000 units and 4,000 units, respectively.

Housing Policy: Maharashtra proposed redevelopment of 7000 plots in 104 layouts of MHADA

Housing Policy: Maharashtra proposed redevelopment of 7000 plots in 104 layouts of MHADA

Fri, Sep 02, 2016

Under the new framework, redevelopment of buildings on 7000 plots 104 layouts of the state run Maharashtra Housing & Area Development Authority (MHADA) in Greater Mumbai were proposed.

Here's what to expect from Maharashtra's new housing policy on September 2

Here's what to expect from Maharashtra's new housing policy on September 2

Thu, Sep 01, 2016

Government may decide to construct around 1.50 lakh houses on the salt pan lands. There is around 650 acre of salt pan land between Ghatkopar and Mumbai in North-East Mumbai.

Shines in Q1FY17: DLF's net profit rose two-times higher to Rs 261 crore

Shines in Q1FY17: DLF's net profit rose two-times higher to Rs 261 crore

Mon, Aug 29, 2016

The real estate-giants consolidated net profit clocked over two-folds jump to Rs 261.42 in Q1FY17 against Rs 125.87 crore in the corresponding period of the previous year.

Real estate firm Parsvnath says yet to receive SC order to refund flat owners

Real estate firm Parsvnath says yet to receive SC order to refund flat owners

Mon, Aug 29, 2016

It said the total amount to be refunded which is around Rs 22 crore for which it has been directed to file a schedule of payment for refunding to the complainants within two weeks.

NBCC share sale: 8 merchant bankers vie to manage the show

NBCC share sale: 8 merchant bankers vie to manage the show

Sun, Aug 28, 2016

As many as eight merchant bankers, including Citibank and Nomura, are vying to manage the sale of 15 per cent government stake in NBCC, which could fetch about Rs 2,100 crore to the exchequer.

Why are companies flocking to 'unsecured' commercial papers?

Why are companies flocking to 'unsecured' commercial papers?

Mon, Aug 22, 2016

"CP market is expected to grow and will remain an attractive source of funding for better rated corporate in the current environment of ample adequate systemic liquidity, sound inflows into key investor segments and structural inability of banks to sharply reduce their lending rates."

SC to take up Unitech - home buyer case in Oct 2016; shares up

SC to take up Unitech - home buyer case in Oct 2016; shares up

Wed, Aug 17, 2016

Unitech said on the charges,"The money received from customers has already been invested in land cost and building structures constructed at project site and hence it is not possible to refund money to customers."

What GST bill has in store for Real Estate?

What GST bill has in store for Real Estate?

Thu, Aug 04, 2016

Anup Puri said, “The direct impact of GST on real estate, in terms of tax outflow for developers and consumers, will depend on whether the final GST rate is more or less than the taxes paid currently.”

101 infra projects see Rs 1.29 lakh crore in cost overruns

101 infra projects see Rs 1.29 lakh crore in cost overruns

Sun, Jul 31, 2016

As many as 101 infrastructure projects sized Rs 1,000-crore and above have reported a cost overrun of Rs 1.29 lakh crore, as per official data.

Sebi revises REITs norms but a lot still needs to be done

Sebi revises REITs norms but a lot still needs to be done

Fri, Jul 22, 2016

Abhishek Anand, analyst of JM Financial says, "While the amendments look to address listing issues, we await tax law modifications in line with amendments proposed to improve returns to unit holders."

Real estate business growing rapidly in Udaipur | Property Plus

Real estate business growing rapidly in Udaipur | Property Plus

Sat, Jul 16, 2016

Real estate business growing rapidly in Udaipur. Watch complete news story of Property Plus and stay updated with the latest trends and statistics in the stock market, commodity market and share market!

Cabinet agreed on the sale of 15% partnership of NBCC

Cabinet agreed on the sale of 15% partnership of NBCC

Wed, Jul 13, 2016

Cabinet agreed on the sale of 15% partnership of NBCC. Watch this special segment and get to know all the latest news and updates here.

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