Industry News - Real Estate

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Manohar Lal Khattar has been Named the new Minister of Housing and Urban Affairs 12 June, 2024
Manohar Lal Khattar has been Named the new Minister of Housing and Urban Affairs 12 June, 2024

Manohar Lal Khattar becomes the Housing and Urban Affairs Minister, replacing Hardeep Singh Puri, in the new Union Cabinet headed by Prime Minister Narendra Modi. The 70-year-old Mr. Khattar was the f...

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Top 5 Reasons To Buy Flats In Garia 30 May, 2024
Top 5 Reasons To Buy Flats In Garia 30 May, 2024

Garia, a location in the district of South 24 Parganas, West Bengal, India, in recent times, has turned out to be one of the prime residential destinations around. Its location on the borders of estab...

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Supreme Court Takes Up Legal Challenge to GST Taxes on Joint Development Deals 14 May, 2024
Supreme Court Takes Up Legal Challenge to GST Taxes on Joint Development Deals 14 May, 2024

The Supreme Court of India has admitted a petition challenging imposition of the GST on the transfer of development rights within joint development agreements between realty developers and landowners....

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Key Indian Real Estate Insights for 2024 14 May, 2024
Key Indian Real Estate Insights for 2024 14 May, 2024

In the ever-changing world of India's real estate sector, it's essential for investors, homebuyers, and industry experts to predict upcoming trends. As we move forward into 2024, the real estate marke...

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Banks Aim to Increase Their Share of the Expanding Real Estate Market 06 May, 2024
Banks Aim to Increase Their Share of the Expanding Real Estate Market 06 May, 2024

Last fiscal year, bank loans for commercial real estate, including residential construction, almost tripled, showing a growth of 23% when not considering the HDFC and HDFC Bank merger impact. The tota...

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Brookfield Aims to Invest $10 Billion in Indian Real Estate Over the Next 3-5 Years 06 May, 2024
Brookfield Aims to Invest $10 Billion in Indian Real Estate Over the Next 3-5 Years 06 May, 2024

Brookfield Asset Management, one of the world's biggest institutional investors, plans to invest more than $10 billion into India's real estate sector over the next 3-5 years. This investment is expec...

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Celebrate Pohela Boishakh 2024: A Guide to Embrace Bengali New Year Festivities 01 May, 2024
Celebrate Pohela Boishakh 2024: A Guide to Embrace Bengali New Year Festivities 01 May, 2024

The Bengali New Year, called Pohela Boishakh, is celebrated with joy by Bengali communities globally. It signifies the start of the Bengali calendar, with Boishakh being the first month. In Bengali, &...

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How to Enjoy Holi Festivities in Your Own Home? 22 March, 2024
How to Enjoy Holi Festivities in Your Own Home? 22 March, 2024

Holi, known as the festival of colors, is a lively and cheerful celebration observed by Hindus globally. It signifies the onset of spring and the triumph of righteousness over wickedness. Typically, H...

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Real Estate Firms Seek Assistance From Finance Ministry Regarding GST Notifications 06 March, 2024
Real Estate Firms Seek Assistance From Finance Ministry Regarding GST Notifications 06 March, 2024

Real estate firms have reached out to the finance ministry for help following GST authorities sending notices to 27 major and medium-sized developers regarding intra-group royalty payments for using b...

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Scheme Offers Hope for Small Homes on Kolkata Outskirts 05 February, 2024
Scheme Offers Hope for Small Homes on Kolkata Outskirts 05 February, 2024

Real estate industry leaders stated that a special housing scheme aimed at the middle class, including those living in rented houses, slums, and unauthorized colonies, could help boost sales of afford...

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West Bengal: New Home Stamp Duty Rule 18 January, 2024
West Bengal: New Home Stamp Duty Rule 18 January, 2024

The state has now updated the registration process for flats and houses to align with RERA guidelines. Instead of the previous norm of registering based on super built-up area, homes will now be regis...

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MahaRERA: Single Registration for Each Project 18 January, 2024
MahaRERA: Single Registration for Each Project 18 January, 2024

The Maharashtra Real Estate Regulatory Authority (MahaRERA) now requires each standalone project to have a single registration number in order to protect the interests of homebuyers. The regulatory au...

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