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.
Maharashtra gov removes property tax for residential properties up to 500 sqft in Mumbai, affecting 16 lakh homes & costing BMC Rs 468 crore.
Real estate developers must now disclose their mortgage or loan status to CERSAI. This move aims to increase transparency and protect home buyers from potential legal complications.
Tamil Nadu Real Estate Regulatory Authority (TNRERA) ruled that developers collecting payments without a contract violates the TNRERA Act.
UP-RERA offers a nine-month extension for the registration of projects, aiming to speed up stagnant real estate development. The extension is subject to monitoring and specific conditions.
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.
Rajasthan's CM announces reduced stamp duty on residential properties, lowering costs for buyers and aiming to boost the affordable housing market in the state.
Haryana government is digitizing property data in 87 urban areas, covering 8 lakh properties in 41 cities, to curb fraudulent practices and improve transparency.
Christie's International Real Estate enters Indian market, partnering with Himmat & Rohini Singh LLP to offer ultra-luxury homes and cater to increasing demand.
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.
Pune real estate sales rebound to pre-COVID levels with 3.4% price increase, driven by high-end segment demand. Inventory is at a six-year low.
The public Housing Finance firm has acted against Orbit Corporation and Unitech for loan defaults, taking possession of properties and issuing notices for repayments.
Noida Authority will launch a scheme in December to allot 900 flats across multiple sectors. It includes categories like MIG, HIG, LIG, EWS, and Shramik Kunj. Rates have been finalized and allotment via a luck draw.
Reliance Group sells 35 of 100 upmarket flats in Navi Mumbai's NRI Seawoods Complex, seeking Rs 125-270 cr for remaining units.
Mumbai property rates soar 66% in four years due to land scarcity and limited supply, defying expert predictions of price correction.
Developers in Mumbai are slashing prices for new launches by up to 15% to stimulate home sales amid sluggish market conditions, aiming to attract buyers.
PMC postpones proposal to reduce property tax discount from 10% to 5% for 2 months
Barjeel Geojit is preparing to enter the real estate brokerage sector by establishing a new firm to assist buyers and sellers in India and UAE.
The MCHI-CREDAI Property Expo 2013 in Mumbai has seen a huge turnout of buyers, indicating robust interest despite market challenges, showcasing over 15,000 properties.
Noida and Greater Noida authorities caution defaulting developers to clear dues or face consequences, impacting flat registrations and home buyers due to financial crunch.
Gurgaon's luxury housing market is shifting towards mid-segment luxury apartments, driven by rising property prices and a preference for premium amenities within a more affordable price range.
The CMDA has authorized the conversion of industrial land in Guindy to residential use, potentially attracting developers amidst rising property prices.
Budget 2013-14: Rs.1 lakh interest deduction for first-time home buyers, benefiting middle-income class
A recent RTI reveal indicates Vadodara has over 1 lakh vacant properties, prompting debate among real estate experts and authorities about the figures' accuracy.
HDFC Ltd hosts 2-day property fair in Muscat for NRIs to invest in Indian properties, featuring 32 top developers and properties worth Rs.20 lakh to Rs.10 Cr.