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Supreme Court cancels registration of Amrapali, NBCC to complete pending projects

The court directed authorities to handover a completion certificate to the flat buyers who are already residing in various projects of the group.

Flat maintenance charges of over Rs 7,500 to incur 18% GST

The ministry clarified the ceiling of Rs 7,500 per month per member shall be applied separately for those who own two or more flats in a housing society or residential complex.

Builders cannot pay EMIs on behalf of home buyers: NHB

Regulator blocks realtors’ route to incentivise customers. This move by NHB throws up a red flag about various subvention schemes promoted by some developers.

Buying a home? Say bye to 10:90 schemes

Lenders will stop offering loan products involving debt servicing by developers on behalf of borrowers.

Housing sales down 11 per cent in Q1; Demand to rise on tax sops: PropTiger

Housing sales down 11 per cent in Q1; Demand to rise on tax sops: PropTiger

New housing supply fell 47 per cent to 37,852 units in April-June 2019-20 across nine cities due to a liquidity crunch and general elections.

Realty Hot Spot Series: Why this premium South Delhi locality is much sought-after

South Delhi's Saket is a premium micro-market comprising quality residential, high-end retail and commercial offices.

Legal rights of a married daughter over ancestral property

​​The marital status of the daughter is immaterial, and a married daughter has the same rights as an unmarried one.

Money & relationships: Can your parents evict you from their house?

Can the parents ask their children to move out? What about the legal claim over the property in that case? Find out

Lost your property papers? Here are the steps you should take

An application with these documents must be made to the property registrar to obtain duplicate copies of the sale deed.

Luxe home sales rise as NRIs return to market

Luxe home sales rise as NRIs return to market

NRIs typically invest in their home markets first, followed by key markets.

Meet 3C Company which has left hundreds of homebuyers in the lurch like Jaypee and Amrapali

The company introduced residential projects with 10,000 flats, still has around 6,500 flats to deliver.

New amendments to IBC will protect interest of homebuyers: Centre to SC

The counsel representing homebuyers’ expressed concern that Jaypee Infratech Ltd (JIL) going into the liquidation could deliver a blow to their hopes.

Office space leasing doubled to 18.7 mn sq ft during Apr-Jun in top eight cities: Report

According to the data, office space leasing in Bengaluru rose to 5.52 million sq ft during April-June 2019, from 2.56 million sq ft in the year-ago period.

‘No one’s thinking of the homebuyer’

Flats in Wish Town were booked mostly between 2008 and 2009 and should have been ready by 2011-2012. However, the deliveries stopped after the first 5,000 units.

Emami Realty offers first of its kind assured rental scheme to prospective buyers

Emami Realty offers first of its kind assured rental scheme to prospective buyers

According to the assured rental scheme, a buyer starts getting rent from Emami Realty while staying in the apartment.

Realty Hot Spot Series: This Ahmedabad locality is well-developed real estate market

This developed micromarket is close to key business areas and educational institutions.

Property prices have fallen slightly in most major Indian cities in past one year: Report

The latest report by a real estate research firm suggests that slack demand, huge inventories and stringent regulations have kept home prices low across major Indian cities.

Draft Tenancy Act faces ire of commercial property owners

The umbrella entity of affected landlords also alleged that the government was applying old tactics of divide and rule.

FIR filed against circulation of fake forms to avail benefits under PMAY-U

It also stated that the people selling these "fake forms" are also maintaining registers and noting down personal details of the buyers.

Over 20,000 complaints of home buyers resolved under RERA: Govt

Over 20,000 complaints of home buyers resolved under RERA: Govt

According to the Union housing and urban affairs minister, 20,125 complaints of home-buyers have been disposed off under the real estate law.

Will protect your interests, HC tells Jaypee homebuyers

As the homebuyers urged the bench to pass an interim order to stop liquidation of the company, the bench assured them that their interests would be protected.

Housing affordability worsened over past 4 years: RBI survey

The RBI has been conducting the survey since July 2010 on housing loans disbursed by select banks/ housing finance companies (HFCs) across 13 cities.

Builders to face separate trials on victims’ complaints: HC

In such cases, many people are left in the lurch if the sole complainant withdraws the case or reaches a settlement with the builder/accused.

Connaught Place 9th most expensive office location in the world: CBRE

CP, located in the heart of the national capital, was at the ninth position even last year.

Law amended to help homebuyers, SC told

Law amended to help homebuyers, SC told

Real estate companies have challenged the validity of Section 5(8)(f) of the IBC, 2016 which ensures inclusion of homebuyers as financial creditors.

Jaypee homebuyers matter: SC asks Centre to come out with uniform proposal

The apex court, which was hearing a homebuyers matter related to Jaypee Infratech Ltd, said the issue concerns lakhs of flat buyers and the Centre should give a proposal to resolve it.

Housing sales up in the first half of 2019 in 8 cities: Knight Frank report

In its report, 'India Real Estate', UK-based property consultant Knight Frank studies 8 major cities and reveals the highest housing sales in NCR, lowest in Kolkata, West Bengal.

Refund home buyers for delays with interest equal to home loan rate: NCDRC

The apex consumer commission has said builders have to pay compensation and litigation cost to home buyers who seek refund.

Realty hot spot series: What makes Green Park in Delhi a premium residential locality

Green Park is a premium micro-market in South Delhi. Not only does it boast of great metro and road connectivity, it also enjoys the presence of retail and social hubs.

Indian realty market passing through major consolidation: PropEquity

Indian realty market passing through major consolidation: PropEquity

There has been a massive consolidation with over 50 per cent of the total developers that existed in 2011-12 leaving the market by 2017-18, PropEqui

What makes a real estate investment yield returns?

While buying property, investors have high aspirations in terms of returns. Be it residential or commercial, one must consider a long-term horizon for good returns.

Housing loans insurance has been launched: Finance Minister

Insurers can charge single or regular premiums and issue policies to banks desirous of covering the risk of death on the lives of borrowers.

Property tax waiver cleared for flats up to 500 sq ft in Mumbai

Chief minister Devendra Fadnavis said the state decided to give a waiver in property tax only in Mumbai as the BMC is financially stable and can take the revenue hit.

Realty Hot Spot Series: What makes this established Ahmedabad locality a good place to buy a house

The locality has a strong road network comprising 132 Feet Ring Road, 120 Feet Ring Road, 100 Feet Road, Netaji Road and Paldi Road.

Co-living and co-working offer new opportunities for real estate

Co-living and co-working offer new opportunities for real estate

According to a joint report by JLL-FICCI, co-working market already accounts for 12% of the office leasing market in the first quarter of CY2019 up

Mumbai in top 20 most expensive cities in Asia for expatriates: Mercer

According to Mercer's 25th Annual Cost of Living Survey, Mumbai fell 12 spots and was ranked at the 67th position out of 209 cities surveyed.

Water: Karnataka govt mulls ban on construction of tall buildings

The builders having been selling the apartments to families without assuring them of water availability.

Multiple snags trip property tax portals, filing deadline extended

Property tax portals of civic bodies are facing multiple glitches. While north and south civic bodies are witnessing technical issues, east corporation’s site had to be shut down.

Govt may deliver 1 crore houses 2 years before 2022 date

Union housing minister Hardeep Singh Puri said so far more than 81 lakh houses have been sanctioned out of the validated demand for one crore dwelling units.

Centre plans to set up common online platform for RERA of all states, UTs

Centre plans to set up common online platform for RERA of all states, UTs

Under the RERA Act, all states are mandated to constitute their respective real estate regulator which provides proper protection to home buyers.

Home buyers left in the lurch for compensation under Karnataka RERA

Lacking powers to enforce its orders, RERA has referred the cases to deputy commissioners of districts, asking them to auction properties of defaulting developers and pay out compensation.

Housing sales in Bengaluru zip 80% in Q1 2019 over 2017

The residential markets are coming out of a seven-year downturn and select micro-markets will bottom out in 2019 and 2020, Puri said.

Home buyers' body wants Rs 10,000-crore 'stress fund' in budget to complete stalled projects

Forum For People's Collective Efforts (FPCE) also demanded that home buyers should be categorised as primary secured creditors.

Realty hot spot series: What makes this premium South Delhi locality attractive

Greater Kailash is an affluent neighbourhood in South Delhi with premium residential and popular retail destinations. Upmarket shops, eateries are its key attractions.

Student housing segment catching the fancy of global funds, builders

Student housing segment catching the fancy of global funds, builders

India has the youngest population in the world, with approximately 18% of the 1.3 billion-strong population aged between 15 and 24 years.

NAREDCO calls for boost to rental housing in upcoming budget

NARDECO has suggested that a 10-year tax holiday be given to real estate developers on profits earned from rental housing.

This state achieves only 11.4% target under PMAY-Urban

Only 2.17 lakh units have been constructed in Maharashtra against the target of 19 lakh affordable houses by 2020.

Realty hot spot series: This Ahmedabad locality boasts of good social, retail infrastructure

This week, we look at Prahlad Nagar in Ahmedabad. With numerous properties available under all budgets, here is all that that makes this locality a realty hot spot.

Brokerage issues to come under MahaRERA ambit

The development cost or cost of construction of a project shall not include marketing and brokerage following the sale of apartments, states the latest amendment.

Maharashtra RERA: No advertisement expenses in construction costs

Maharashtra RERA: No advertisement expenses in construction costs

Amended RERA rules ensure there is more money available for completion of projects.

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