India's top residential markets saw 22% sales growth and 17% new supply increase in Q3 2023, driven by positive sentiment, pent-up demand, and steady interest rates.
Sales of luxury homes valued at Rs 4 crore and above rose 97% over the previous year in major Indian cities from January to September 2023.
Prime Minister Modi inaugurated Yashobhoomi, India's largest convention center, in Dwarka, Delhi, aiming to boost the nation's conference tourism and real estate.
The 47th GST Council meeting introduced GST on renting residential properties to registered individuals, clarifying tax liability scenarios effective July 18, 2022.
GST applicability on renting residential properties in India changed on July 18, 2022, with 18% GST now applicable on rentals to registered persons, paid under Reverse Charge Mechanism (RCM).
Learn to calculate square feet for DIY projects, renting, and buying with simple formulas and tips for various room types.
Lakeview County apartments offer a refreshing alternative to metro living, boasting serene environments, lower property taxes, and potential for passive income through rentals.
Balconies and private terraces are increasingly valued in urban real estate, especially in cities like Mumbai. They offer a blend of nature, relaxation, and privacy. Top floors provide views but heat can be a challenge.
Commercial real estate (CRE) and residential real estate (RRE) each have unique investment characteristics. CRE generally offers stable income, while RRE requires less capital.
Key differences between commercial and residential real estate agents and the potential for cross-selling are explored.
Amendments to GST regulations now make renting residential properties to GST-registered individuals taxable, effective July 18, 2022, impacting reverse charge mechanisms.
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
UP RERA imposes Rs 1.4 crore penalty on nine developers for non-compliance with orders at its 84th meeting. The Authority aims to protect homebuyers and ensure developers adhere to regulations.
MahaRERA has issued recovery warrants worth Rs 633 crore against errant builders in Mumbai, Pune, and Thane to protect homebuyers' investments.
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.
Knight Frank India's report forecasts a stable year for India's real estate sector in 2022, with a 5% rise in housing prices and growing demand for office space.
CREDAI warns of 10-15% hike in property prices due to rising construction costs, attributed to increasing raw material prices and construction delays.
GNIDA prohibits plot subdivision and mandates development fee payment. Smart village project gets approval. Industries can purchase FAR on remaining plots.
Karnataka Government plans to cut guidance values by December, potentially boosting the property market. A lower guidance value is expected to increase property registrations and government revenue.
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.
Due to the Covid-19 pandemic, approximately 25 commercial projects in Ahmedabad have been converted into residential housing schemes, driven by housing demand.
Greater Noida Authority has decreased real estate transfer fees on resale properties. For residential properties, transfer fees have been reduced to 2.5%.
Century Real Estate secures Rs 175 crore from PAG for luxury housing project in North Bangalore, aiming to accelerate construction and repay debts.
HRERA issues new rules mandating residential property sales based on carpet area, deemed illegal otherwise.