The recent ruling by the Real Estate Regulatory Authority (RERA) of Uttar Pradesh authorizing developers to offer possession and agreement with the Authority to the buyers in case the Authority fails to issue occupancy certificate or raise objection within a week, has brought cheers to home buyers in Noida and Greater Noida. A builder can…

Finance Minister recently announced a big reduction in income tax rate for corporates. FM proposed to slash corporate tax for domestic companies and new local companies through an ordinance. The new corporate tax cuts are expected to boost the economic growth, which slipped to a six year low of 5% in the April- June quarter….

With the task of  transplantation of trees from carriageway of package two, connecting Dwarka Sector 21 to the Haryana border gaining momentum, the completion of work in  Dwarka Expressway on Delhi side has got a further push. The work on this  4.5 km elevated stretch was delayed for almost one and a half years due…

The Town & Country Planning, Haryana’s latest  move to invite applications for granting licenses for developing affordable housing projects under the revised policy of doubling the area(from 15 to 30 acre) in each sector, will go a long way in boosting the supply of low cost homes. Originally  under the Haryana  Affordable Housing Policy 2013,…

While selecting affordable housing property, price, construction quality, timely delivery, reliability, trust worthiness, brand awareness and visibility are the key factor for home-buyers according to the report on affordable housing. Apart from this, parking space, water availability and safety and security of residents are also a major concern for choosing a place to stay. According…

With the Yamuna Expressway Industrial Development Authority (YEIDA) set to finalise  the design of a high- tech city spread across 2000 hectares near Jewar Airport, the stage is set for a big boost to real estate in the region. According to YEIDA, the design for the mega  city will be finalised by November as the…

The latest measure announced by Finance Minister in the field of real estate is indeed a great move to boost our housing sector. It would help provide stimulus to the slowing economy. Also the Finance Minister’s boost to stalled housing projects may revive a fraction of the ailing sector. The government announced an Rs 10,000…

The recent announcement by the central government to institute a last mile funding of Rs. 10000 crore to complete unfinished housing projects (mostly affordable projects), will turn out to be a sentiment booster for the fledgling real estate sector and is expected to be a demand driver in the upcoming festive season. According to the…

The recent policy  move of the government to  enlarge the role of National Housing Bank (NHB) beyond refinancing of  housing finance companies HFCs and buy equity in some select HFCs, would enhance liquidity position of these housing finance companies, in turn providing a push to affordable housing. The recent policy initiative follows Rs 10000 crore…

Affordable Housing has been the buzz word in the real state arena for more than a decade now, but it received greater prominence only in 2015, when the Modi government made a grand announcement of providing ‘Housing for All by 2022’ – India’s 75th year of independence. It proudly announced that every Indian would have…