Industry News - Real Estate

Industry News Content

25 September, 2024

UP-RERA: Promoters Cannot Impose Possession Terms That Restrict Allottees' Legal Rights 25 September, 2024

The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has received complaints from homebuyers regarding developers offering conditional possession of units through declarations or agreements. T...

26 August, 2024

Rakesh Singh Appointed as New Chairman of Karnataka RERA 26 August, 2024

Following a High Court interim order preventing Naveen Raj Singh, Principal Secretary of the Housing Department, from serving as the acting chairperson of Karnataka RERA, the state government has appo...

24 July, 2024

How the Real Estate Industry Benefited from the 2024-25 Budget 24 July, 2024

Finance Minister Nirmala Sitharaman presented the 2024-2025 Union Budget in Lok Sabha on July 23, 2024. In her seventh consecutive budget, Sitharaman highlighted that India's inflation remains low, st...

18 July, 2024

Manoj Saunik Appointed as the New Chairman of MahaRERA 18 July, 2024

Manoj Saunik, former Maharashtra chief secretary, appointed as chairman of Maharashtra Real Estate Regulatory Authority (MahaRERA), announced by the government. Saunik will assume charge after current...

18 July, 2024

NAREDCO Advocates for Increasing Home Loan Interest Tax Exemption to Rs 5 Lakh 18 July, 2024

NAREDCO recommended increasing the tax exemption on interest for self-occupied property loans to Rs 5 lakh in the upcoming budget, up from the current Rs 2 lakh, to boost housing demand amidst rising ...

10 July, 2024

Liyaans Properties, the Top Real Estate Company in Kolkata 10 July, 2024

Liyaans Properties has established itself as a premier real estate company in Kolkata, renowned for its commitment to quality and customer satisfaction. With a distinguished history spanning over 13 y...

02 July, 2024

West Bengal Government Removes 2% Stamp Duty and Reduces Circle Rates by 10% 02 July, 2024

West Bengal government has decided to end the temporary relief measures for the real estate sector, which included a 2% reduction in stamp duty and a 10% decrease in the circle rate. These measures, w...

28 June, 2024

Phase Two of PMAY-Urban Set to Commence, Targeting Construction of One Crore Houses 28 June, 2024

The second phase of the Pradhan Mantri Awas Yojana (PMAY), Urban, is likely to be rolled out with an allocation in the next Union budget, officials said on Tuesday. An official in the Union Housing an...

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...

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...

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....

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...