Industry speak: Realty industry expectation from upcoming Union Budget

Ashvita Singh Accommodation Times News Service Mudhit Gupta, CMD, EMGEE Group: "We are looking forward to the Union Budget to have some interesting incentives for the low cost housing segment. We expect the government to look into the taxation slabs for personal and corporate sector, stamp duty and introduce some benefits for the primary house buyers in the

Indian economy continues to consolidate the gains achieved in restoring macro-economic stability

PIB Features During the current Financial Year 2016-17, the Indian Economy has continued to consolidate the gains achieved in restoring macro-economic stability. Despite the continuing global sluggishness and recent pick-up in petroleum prices, the economic growth has continued to be robust and inflation has remained more or less stable in the

Real estate ecosystem in Mumbai, Pune, Bangalore and Delhi/NCR in 2016

Accommodation Times News Service In a bid to understand the real estate scenario in the year 2016, a detailed market report is put forward by 99 acres.com. Some of the key features are as follows: Mumbai recorded 20% year-on- year rise in sales volume in H1 2016. Worli emerged as new housing luxury destination in Mumbai.It recorded an year

Environment clearance has been a bane for the realty industry: Ms. Manju Yagnik, Vice Chairperson, Nahar Group

Ashvita Singh There is a negative sentiment in media regarding the real estate sector post demonetization. At ground level, however, have the realty prices come down? Has Nahar group’s project taken a hit? What is going to be (demonetization’s) long term and short term impact on property segment ? The post-demonetization effect is

Industry speak: NAREDCO welcomes the announcements by Prime Minister to boost Affordable Housing

Accommodation Times News Service NAREDCO welcomes the Government’s move to create two additional categories under Pradhan Mantri Awaas Yojana (PMAY-Urban) for interest subvention. Under this, home loans up to Rs. 9 Lacs taken in 2017, will receive interest subvention of 4 % and home loans up to Rs. 12 Lacs taken

PERE to see an annual hike of 53% by end of year: Cushman & Wakefield

Real Estate Growth

Ashvita Singh Accommodation Times News Service Despite demonetisation and RERA affecting the realty sector most, private equity investment in real estate (PERE) is prepped to witness an all-time high since 2008 with a likely annual hike of 53% by the end of year, said Cushman & Wakefield in its latest report on

Industry speak: Real Estate Outlook for 2017

Mr. Surendra Hiranandani, Chairman & Managing Director, House of Hiranandani Accommodation Times News Service Deregulation will be the key to future success of the sector The year 2016 brought in ground breaking changes and transformation in the real estate industry that had not been witnessed for the past two decades. The various policy