» SBI auction seizure of property worth Rs 1200 CR

          In what has become a state-run auction of the season, the State Bank of India will be conducted on Saturday 26 cities across India, the largest auction seized property worth Rs 1200 crore towards convertibility of its bad debts. More than 350 properties, including warehouses, offices, residential buildings and shops will be offered to potential buyers through electronic auctions. Loan defaults confiscated properties located in New Delhi, Mumbai, Kolkata, Chennai, Hyderabad, Pune, Banga[...]

» Budget 2015: Real estate investment trusts step forward closer to reality

              Real estate investment trusts (REITs) come one step closer to becoming the Minister of Finance announced that the EU budget in 2015 to become a reality, the transfer of capital gains tax and property developers from major companies to entities listed on a special purpose vehicle (SPV) formed the run purposes, real estate investment trusts, will be "rationalization."               Developers have their own main internal office properties. If they launch real estate investment trusts[...]

» 2015 Budget: expect the introduction of the single window clearance system

          At the corner of the federal budget 2015-16, the real estate industry is ready with its wish list, I hope the new government favorable treatment.          Pacing infrastructure should be the primary focus of the government. Infrastructure is very important when it comes to real estate development is feasible, not only in the new micro-markets, but also in infrastructure accounts witnessed stagnation impasse establishment of micro-markets.          Easing interest rates should be anothe[...]

» Real estate: propeller growing Indian economy

                        The real estate sector has been the backbone of the Indian economy and has been a major contributor in the economic growth. It is evident from the very fact that the Real Estate Sector contributes 8.53% Of the total GDP and also witnessed growth rate to the tune of 30%. It is also pertinent to note that this sector has emerged as the fifth largest destination of foreign investment. The out of box thinking approach followed by real estate developers have been i[...]

» 2015 Budget: Government must give the real estate industry status

Give the industry position of the real estate industry will attract a lot of foreign direct investment into the field to enable developers mainly due to probation in the country selected existing funds. This will result in faster completion of the project, thus reducing the cost of providing leads to lower prices to the buyers cost of the project. Down home loan interest rates will encourage buyers to buy their dream home, it will purchase the property for more ..Focus on key areas of government[...]

» ADB said that India is committed to support smart cities

"ADB is also firmly committed to supporting India's 100 smart city planning using technology and intelligent systems to enhance the urban services for the poor, including health and affordable transportation," he said at the Delhi Sustainable Development Summit 2015. In order to make the city greener, they must become more energy efficient, and by promoting the intelligent use of low-carbon development and effective use of land and water resources, he added. "They need more investment in mass pu[...]

» The original builders focus on the state government to increase revenue

          The financial situation in the doldrums, but not keen on the more taxing citizens, Maharashtra government has turned its attention to the cash-rich builders for the enrichment of its resources. State government is in the old program adjustments, the state considers the state to help manufacturers make huge profits for the edge price.The government is on the verge of okaying a proposal where builders in Mumbai would henceforth have to pay a premium for utilising the extra Floor Sp[...]

» Housing sales in the 2015-16 fiscal year may not be restored: India Rating

Housing sales are unlikely to make residential units in the next fiscal recovery of high prices, while maintaining a negative to stable outlook for the real estate industry can not afford to end users, India Ratings and Research said.The agency said that the real estate business credit metrics will continue to deteriorate in the next fiscal year, as demand will remain even among the bank's capital stock is being built high prices uniforms."Sales of residential units in FY16 is unlikely to recove[...]