News articles tagged Realty Sector

Sebi seeks tax sops for real estate investment trusts

The Securities and Exchange Board of India (Sebi) is considering incentives to attract investors into Real Estate Investment Trusts (REITs).

Buyers back in Real Estate Sector this Navaratra.

This Navaratra marks a significant resurgence in the real estate market, as buyers eagerly engage in transactions, a trend anticipated to continue through the summer vacation.

Realty Sector in Disappointment

Budget 2012-13 proposes external commercial borrowing for affordable housing, a Credit Guarantee Trust Fund, and increased Rural Housing Fund provisions. Real estate players express disappointment, citing increased costs from the cement industry tax and service tax hike.

Realty Sector has no resurgence.

India's housing sector's GDP contribution is projected to rise from 5% to 6% due to increased investment, but the 2012-13 Budget lacks substantial support for the real estate industry's growth.

Realty sector seeks affordability from the government.

Real estate developers anticipate Union Budget 2012 to bring pragmatic provisions, including increased infrastructure funds for housing and removal of service tax on residential construction.

Realty Sector Urges FM To Revisit Budget

The urban development ministry calls for a review of the proposed service tax on housing projects, amidst concerns over its impact on the struggling real estate sector.

Happy days are back into realty

This Diwali, the realty industry anticipates growth, with 12 public offerings and robust fund inflows, reinforcing positive market sentiment after a challenging period.

Property cards to regulate realty

Karnataka introduces property cards to enhance clarity in realty transactions, replacing sale deed registration with property titles to reduce disputes and improve accountability.

Raymond to enter realty

Textile company Raymond plans to enter the real estate sector with a residential project in Thane. The project aims to develop surplus land and will be funded by internal accruals, pending shareholder approval.

Affordable housing is not more affordable for builders

The affordable housing focus is driving sales recovery in the residential sector, while commercial segments struggle amid declining margins and revenue for major developers.

Mauritian firms to buy 60% in Forum Ventures

Landmark Special Opportunities Company and Landmark Real Estate Fund are acquiring a 60% stake in Forum Ventures for nearly Rs 100 crore, amid a challenging market.

Real Estate sector is in dire straits

The real estate sector faces a crisis due to tight liquidity and rising interest rates, impacting construction and employment. Industry leaders urge for policy changes to facilitate funding.

Realtors' Advance Tax Payment Falls Down

Leading real estate companies see sharp declines in advance tax payments amid economic slowdown, highlighting industry challenges and liquidity issues.

Binani Plans To Tie Up With Real Estate Majors

Binani Cement is exploring long-term cement supply contracts with developers including Raheja and Hiranandani, potentially reshaping industry standards.

European Real Estate Giant Enters India

Yoo by Strack is launching a ₹1,500 crore residential project in Pune, partnering with Panchshill Realty and eyeing further investments in major Indian cities.