SEBI has levied a ₹40 lakh penalty on Shri Ram Real Estate & Business Solutions and six individuals for illicitly raising ₹40,000 via collective investment schemes.
The Delhi Government has cut circle rates by 20% across all property categories for six months to stimulate the struggling real estate market post-pandemic.
The co-working sector in India is showing signs of recovery post-pandemic, with calls for government support and recognition to bolster growth.
India's real estate sector, particularly residential, is rebounding thanks to government policies like reduced home loan interest rates and tax relief, attracting more buyers and foreign investment.
UPRERA extends project registration validity by three months due to the national lockdown. Deadlines for project completion and other statutory compliance are also extended.
The RBI's three-month moratorium on home loan repayments aims to alleviate financial burdens for homebuyers amidst COVID-19, aiding economic stability and liquidity for developers.
Housing Ministry hands over conveyance deeds to 20 Delhi residents in Raja Vihar & Suraj Park, under PM-UDAY scheme, benefiting 40 lakh residents by regularizing illicit settlements.
South Bangalore, particularly Kanakpura Road, sees high demand for new flats, especially among young professionals. East Bangalore also experiences strong demand, with areas like Whitefield and Electronic City attracting interest for 3BHK flats.
HSBC predicts rapid growth in Asia's Real Estate Investment Trusts (REITs) over the next few years, driven by investor demand for safer, income-generating assets.
Investors Clinic, a Noida-based real estate consulting firm, is expanding to Mumbai, Bangalore, and Jaipur. Driven by strong growth in these markets, the company aims to triple its growth in 5 years by partnering with leading developers and leveraging its expertise.
RERA will be fully implemented nationwide from May 1. Noida Authority will upload detailed project information online. Homebuyers seek transparency and tracking of construction progress.
The Madras High Court has reinstated the ban on registration of unapproved plots in Tamil Nadu and seeks details on applications violating the 2016 ban order. A special sitting is planned to address the issue.
PCMC cancels 6,500 tenement launch under JNNURM due to PMAY launch. Beneficiaries can apply under PMAY. PCMC earlier planned 17,920 tenements but only built 11,420.
Two expressways in Delhi NCR boost real estate development in Noida, Greater Noida, and Dwarka. Residential projects face water, sewage, and funding challenges, impacting delivery and pricing.
Pune resident's complaint against builder for smaller flat size and lack of completion certificate rejected by consumer court due to non-compliance with representative complaint norms.
Bangalore's lakeside property construction gets green light for pre-2016 approved projects, boosting real estate market and sparking new development plans.
BBMP introduces online plan approvals for builders in Bangalore, streamlining process for residential and office constructions
Noida's real estate market is booming due to affordability, infrastructure, reputable developers, anti-forgery rules, and connectivity.
Pune's residential real estate market witnesses growth with new launches and stable prices, expecting a boost during Gudi Padwa
North Bangalore's residential market is booming with new apartments and luxury villas, offering options for all budgets. Premium and luxury housing options are concentrated around Hennur Road and Thanisandra, while mid-range options are available near the airport.
The growth of IT parks in Whitefield has led to a surge in demand for residential options, making it a sought-after area for professionals in Bangalore.
Ghaziabad's real estate is booming, with affordable housing in Raj Nagar Extension and NH-24, while established areas like Kaushambi and Vaishali face space constraints.
The new Union bill enhances transparency in Greater Noida's real estate, empowering homebuyers while addressing builders' concerns amidst rising demand for affordable housing.
Amrapali Dream Valley homebuyers seek PMO's help to impound MD Anil Sharma's passport amid project delays and debt fears.
Indiabulls Real Estate has secured ₹25 crore through the issuance of Non-Convertible Debentures (NCDs). The company plans to develop 11 projects spanning 30.51 million sq ft.