Real Estate Sector In India

According to the zero period policy, announced last December, builders will be exempted from paying penal interest on outstanding land dues for the number of years their projects were stuck

Supertech said of the 864 complaints, it has settled 334 since the opening of the lockdown by providing alternative flats or compensation to complainants

The Delhi Department Authority has launched an online facility for conversion of plotted properties from leasehold to freehold, officials said on Friday

The central government ministries, too, are getting into the act on behalf of the sector.

According to sources, SPRE has gone for structured debt financing at a rate of around 20 per cent

Suitors may prefer individual projects while bidding

Start by shifting to repo-linked rates, then seek the lowest rate being offered by lender

The company, which follows a January-December financial year, had posted a profit of Rs 455.68 crore in the same quarter a year ago

Here are the top headlines of the day

India's real estate market is grappling with a lingering lockdown that's slowed construction and sharply crimped new sales in an already struggling market.

Among other aspects, they are pushing to extend the definition of "affordable housing" to homes costing up to Rs 75 lakh as against a maximum of Rs 45 lakh right now

Gurugram saw 79 per cent fall to 361 units for the period under review as compared to 1,707 units in same period last year

According to industry estimates, the realty sector employs 6-7 million people, including 300,000 white-collar employees

The situation in the non-housing segment is expected to be worse

The first thing that comes to mind is that there is a need to amend the Land Acquisition Act, 2013, and other such laws

In a letter to its tenants, the realtor said it "plans to waive of the entire MG rent from the beginning of the lockdown period up till 15 June".

Mumbai-based Oberoi Realty for the first time is looking at launching a sub-Rs 1 crore apartment project in Thane, on the outskirts of Mumbai

Circle rate is the minimum value that state governments have set for the sale or transfer of a plot, built-up house, apartment or commercial property

The top headlines Friday morning: from Jio Platforms bagging another international investor to India's consumer confidence.

Total income fell to Rs 6,884.14 crore in 2019-20 from Rs 9,029.41 crore in the previous year