July 22, 2017 1:18 am

To reach over 1 mn sq ft of leased alternative work spaces by the end of this year; $400-million investments expected by 2018 in the segment.

July 22, 2017 1:06 am

Chief executive officer of the Noida Authority, Amit Mohan Prasad, said that the city would soon have a processing plan for construction waste.

July 22, 2017 1:00 am

Local authority scouting for a location to set up the hub that would also cater to the demands of adjoining states.

July 15, 2017 1:52 am

AMIT MOHAN PRASAD, senior bureaucrat and chief executive officer of the Noida Authority, told Indian Express that the Authority has roped in banks, consultants and has also facilitated project settlement policy to help break the logjam and address the concerns of homebuyers.

July 8, 2017 3:17 am

Major markets, except Bengaluru, are seeing low supply of grade-A stock; lack of precinct-level infra is also keeping occupiers away from central business districts

July 8, 2017 3:06 am

The genesis of the Niti Aayog studying the possibility of allowing private cars to operate as carpools comes from the rising problem of traffic and congestion in urban centres of the country. In the national capital alone, Delhi Police has identified 55 areas prone to congestion or traffic jam.

July 8, 2017 2:56 am

While the shortage of liquidity after demonetisation has driven out the investor-led demand, decline in interest rates are encouraging end users to buy a house, say experts

real estate, real estate investments trusts, REIT, RERA, GST, real estate sector,
July 1, 2017 3:03 am

A REIT is an investment tool that owns and operates real estate assets and even allows individual investors to invest in and earn income through partial/equity-level ownership of commercial real estate without actually having to buy those assets.

July 1, 2017 9:26 am

GST rollout: “As a urban development and housing minister, I am the happiest man that with the GST, prices of houses will definitely come down. If anybody is opposing the GST, it is habitual tax evaders. Larger builders community is happy, except fly-by-night operators", Venkaiah Naidu said.

Mohit Malhotra, Real estate act, Real estate market, CREDAI
June 24, 2017 1:02 am

"While RERA will bring in a lot of changes, I would like to see some improvement in the frequent regulatory changes. Even the approval procedure needs to be simpler, transparent and faster. That is one area I hope will improve with a proactive and forward looking government."

Smart Cities, Smart Cities Mission, Smart city list, Venkaiah Naidu
June 24, 2017 5:28 am

Finland’s citizen-centric Kalasatama project, which gives start-ups a platform for innovation, aims to free up one hour for its residents everyday by offering smart mobility and daily-use apps

smart city, city planning, e-governance, urbanisation, AMRUT, Niti Aayog, AMRUT scheme, Smart Cities Mission,india news
June 17, 2017 2:20 am

Niti Aayog, in the draft of its 3-year action plan, has suggested steps such as creating adequate living and office space, preventing slum creation, building new cities for increased urbanisation and improved quality of urban life

real estate, real estate broker job, rera, real estate act,Real Estate (Regulation and Development) Act 2016, real estate sector agents, business news
June 17, 2017 1:34 am

The job of a real estate broker in the `18,000-crore broking industry needs more recognition and definition along with licensing and certification

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June 3, 2017 2:19 am

Such firms’ AUMs have risen 50% to `23,000 cr as on March 31, 2017, against `15,000 crore a year ago

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June 3, 2017 1:54 am

Nagpur’s pioneering scheme was ready for learning curve problems, but diminishing financial and political aid has pushed it into uncharted territory

rera, real estate, real estate development regulation rules 2017, real estate agents, rera registration, chandigarh, indian express
May 27, 2017 1:27 am

If the current job market scene continues for long, it may have a negative impact on residential demand, especially in the mid-premium segment

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May 27, 2017 1:21 am

The unlocking of this huge parcel of land, estimated to be around 55,000-57,000 hectares can potentially lead to development of around 9 million housing units

housing, housing policy, National Urban Rental Housing Policy 2017, national housing policy, rental housing, National Sample Survey
May 20, 2017 3:03 am

The Centre’s role as a ‘facilitator’ or ‘enabler’ that will merely extend fiscal and non-fiscal concessions for rental housing created by the state, provision for no central funding are some of the limitations of the draft policy

GST, TAX, Goods and services tax, GST launch,
May 20, 2017 2:50 am

The GST regime will reduce the cash component of the construction economy, because, to avail of ITC, the raw materials have to be sourced from GST-registered vendors.

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May 20, 2017 7:26 am

The policy estimated to unlock 20,000-25,000 hectares across Delhi, primarily in the urban villages and smaller towns at the city’s peripheries

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May 13, 2017 3:24 am

With the GST likely to come into effect in a few months from now, its impact on the various segments of the real estate sector is still not clear

India Meteorological Department, India Flood, India floods, urban flooding, urban local bodies, latest news, latest india news, indian express
May 13, 2017 3:06 am

Amid concerns about flooding, the urban development ministry has listed out standard operating procedures for concerned departments at various stages of preparedness — early warning, response and relief restoration rehabilitation

real estate, indian real estate, demonetisation, demonetisation-real estate, second homes market, benami property, india news, indian express
May 6, 2017 1:34 am

After about 10-15 per cent price correction on account of demonetisation, things might turn positive once RERA gets implemented & interest rates fall further.

smart cities, smart cities programme, niti aayog, urban development, housing, transportation, smart housing, india news, indian express
May 6, 2017 1:17 am

The Niti Aayog has pointed out that the design and maintenance of city roads being a major challenge across Indian cities.

GST, GST bill, GST council, GST news, GST hybrid cars, hybrid cars GST, Indian Express, India news
April 22, 2017 1:29 am

The new tax regime is expected to usher in an era of improvement in warehousing infrastructure; the country may also witness the emergence of new feeder/warehousing spoke locations

April 22, 2017 1:23 am

1.53 lakh units in 1,879 projects across 8 cities are delayed by 3 years; RERA and cases against developers expected to ensure project handover in time

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April 15, 2017 8:22 am

The firm has consistently followed ownership model or having them on 30-year long-term leases. As real estate leasing usually eats up 4-6% of revenues, the ownership model has kept costs low

liquor ban, SC liquor ban, highway liquor ban, highway alcohol ban, supreme court liquor ban, india news, indian express
April 15, 2017 8:41 am

Liquor sales contribute up to 15% to the hotels’ overall revenue; but the impact is expected to be higher, as the restriction will also impact revenue from the meetings, incentives, conferences and exhibitions segment and the room demand segment

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April 8, 2017 1:42 am

The jump in transaction activity was driven by IT/ITeS companies which garnered about 37% of overall space leased during the period, says report

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April 8, 2017 1:25 am

There’re now fresh concerns over potential drop in occupancy and daily rates that could derail growth.

student housing, student accommodation, india news, business news, indian express news
March 25, 2017 4:00 am

Out of 34 mn students in higher education in India, 26.6 mn migrate to cities such as Pune, Bengaluru and Chennai, creating demand for accommodation

real estate, corporate realty, corporate real estate, corporate realty joint venture, business news, indian express news
March 25, 2017 3:47 am

Over the last 2-3 years, as the real estate market weakened and traditional realty developers lost ability to complete their projects, large corporate house-promoted players have captured both the market and homebuyers’ imagination

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March 18, 2017 7:36 am

The programme, being promoted in the Parkmerced neighbourhood, incentivises persons with $100 as monthly transportation credit per apartment to use with Uber and Clipper

real estate market, real estate market india, real estate india, Luxury, Luxury real estate, real estate GDP, GDP, latest news, latest business news
March 18, 2017 1:45 am

Experts who predict that luxury housing in India is finished ignore that such housing caters to a specific segment of demand which has not gone away

Pradhan Mantri Awaas Yojana, PMAY, PMAY puducherry, Puducherry government, central government, india news
March 11, 2017 1:27 am

Working women need to know they can live, work and yes — entertain, peacefully and safely.

Green Mobility Scheme, Green Mobility Scheme India, mass transit project scheme, pedestrianisation scheme, non-motorised transportation scheme, Smart cities, AMRUT, Government transport scheme, India news
March 11, 2017 1:14 am

The scheme marks a conscious policy shift away from allowing proliferation of private cars to promoting use of greener modes of public transport.