Heavy deposits, also known as zero-rental flats, are gaining popularity in Mumbai. This new trend allows tenants to avoid monthly rents by paying a large security deposit upfront.
The Indian real estate market is projected to significantly grow by 2040, driven by infrastructure developments and foreign investments, enhancing its profitability and demand.
PMAY-U: Govt extends Pradhan Mantri Awas Yojana - Urban till Dec 2024, aiming for 'Housing for All' with eligibility criteria and subsidies for various income groups.
The residential real estate market in Kolkata has shown a strong recovery with a 124% year-over-year increase in property registrations in July 2022.
Supreme Court sets Aug 28 for demolition of Noida's Supertech twin towers, built illegally, affecting 5,000 residents
The article discusses circle rates in Noida, UP, for 2022, their impact, and how to check them online. Circle rates affect property registration, valuation, and government revenue.
Developers in Gujarat expect property prices to rise by Rs 400-500 per square foot due to significant increases in raw material costs, including steel and cement.
The Delhi Development Authority (DDA) has extended the application deadline for its current housing scheme to March 10, 2022, due to public demand and the impact of the pandemic.
Maharashtra gov removes property tax for residential properties up to 500 sqft in Mumbai, affecting 16 lakh homes & costing BMC Rs 468 crore.
Noida homebuyers face increased EMIs due to delayed apartment registrations. Banks are charging an additional 2% interest because of unresolved issues between the Noida Authority and developers.
CREDAI warns of 10-15% hike in property prices due to rising construction costs, attributed to increasing raw material prices and construction delays.
1,824 Maharashtra residential projects labeled "expired" by MahaRERA for exceeding deadlines. Developers need 51% buyer consent for extensions and face restrictions on promotion.
Tamil Nadu Real Estate Regulatory Authority (TNRERA) ruled that developers collecting payments without a contract violates the TNRERA Act.
Chandigarh Housing Board (CHB) implements new inspection rules for flat transfers to protect innocent buyers. Board officials will not inspect a dwelling during transfer unless violation notices are issued.
Supertech to deliver 8,460 apartments by December 2021, and 16,041 units by June 2023 in NCR region.
Apartment deliveries in Delhi-NCR face potential two-year delays due to pandemic-related disruptions, impacting over 3 lakh units, primarily in Greater Noida.
Due to the Covid-19 pandemic, approximately 25 commercial projects in Ahmedabad have been converted into residential housing schemes, driven by housing demand.
Noida may see a rise in circle rates for the first time since 2017. Noida, Greater Noida and Yamuna Expressway authorities have increased property rates.
Chandigarh Housing Board assists bidders for 79 property auction via help desks and e-tender process for enhanced privacy and participation.
Andhra Pradesh adopts Indo-Swiss energy-efficient technology in its affordable housing scheme, aiming to save 20% electricity. Training will be provided under the EEBP project.
Jaypee Wish Town plans to deliver 6,000 apartments by 2022, including new and renovated units, with construction ongoing despite previous delays.
India's second COVID-19 wave threatens real estate recovery, impacting office and housing markets. Experts predict varying effects on sales and demand.
Parsvnath Developers sentenced to prison for delayed refunds to homebuyers, highlighting the issue of pending apartments in Greater Noida. Over 1 lakh apartments remain undelivered, with builders owing GNIDA ₹6,000 crore.
Chandigarh Housing Board is set to auction 110 residential properties via e-tendering, reducing prices by 9-20% to attract buyers and address deteriorating conditions.
Ghaziabad Development Authority (GDA) has asked residents of Alaknanda Towers to vacate due to needed renovations, sparking disputes over responsibility and costs.
