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Tuesday, April 07, 2020

real estate


Chennai is world's fifth most dynamic city, says report

February 03, 2020 2:23 pm

Chennai managed an overall score of 38 in the city momentum index which was calculated on the basis of 18 parameters which were tabled under the heads, socio-economic momentum and commercial real estate momentum.

With new projects' vigour, Hyderabad's real estate blooms out of slowdown blues

January 31, 2020 8:42 pm

In the words of KT Rama Rao, Minister for IT, municipal administration and urban development, "Hyderabad's growth story and momentum have just begun." Even as the sector elsewhere stares at a slowdown, new projects are being started around Hyderabad.

Sale of residential units in Pune fell by 2% in 2019: Report

January 08, 2020 10:53 am

According to the report, last year, Pune had seen the launch of 44,660 units — a 37 percent increase compared to 2018. But sales continued to drop, with the city reporting a 2 percent year-on-year decline in sales, as only 32,809 units were sold.

Relief for UP builders, home buyers; no penal interest if litigation stalls projects

December 03, 2019 6:55 pm

The builders will be exempted from shelling out the penal interest and other dues if the housing project is stalled due to litigation, National Green Tribunal directions or a delayed deed execution.

Down home stretch

November 08, 2019 12:19 am

Fund for stalled housing projects is a good idea. But kickstarting a virtuous cycle will need an enabling economic climate.

Rs 25,000-crore fund to help complete stalled housing projects: Govt

November 07, 2019 7:19 am

Only for net worth positive projects, those classified as NPAs, before NCLT.

Chennai real estate sector sees slowdown, sale of new launches falls by 32%: Report

November 06, 2019 4:12 pm

The report by PropEquity indicated there was a huge demand for housing units in areas such as GST Road, Guduvancheri, Padur, Porur and Perumbakkam.

Investment in real estate tripled between 2014-18: CII-JLL report

August 22, 2019 2:39 am

A major portion of this investment was reported in metro cities like NCR-Delhi, Mumbai and Bengaluru, which accounted for 74 per cent of the total institutional investments during 2009-18.

Devendra Fadnavis’ Rs 2,200-crore push for Mumbai’s real estate industry

August 20, 2019 4:20 am

Industry captains have justified the sector-specific stimulus arguing that the slowdown and the liquidity freeze was eroding wealth and causing job losses, besides delaying the completion of projects.