Industry News Content
For the tenth consecutive time, the Reserve Bank of India (RBI) has kept the repo rate steady at 6.50%, as decided by a 5:1 vote in the latest Monetary Policy Committee (MPC) meeting on October 9, 202...
Continue readingIn its October 9, 2024 meeting, the RBI’s Monetary Policy Committee (MPC) decided to keep the repo rate steady at 6.50 percent for the tenth time in a row. This decision offers relief to home lo...
Continue readingNAREDCO recommended increasing the tax exemption on interest for self-occupied property loans to Rs 5 lakh in the upcoming budget, up from the current Rs 2 lakh, to boost housing demand amidst rising ...
Continue readingLast fiscal year, bank loans for commercial real estate, including residential construction, almost tripled, showing a growth of 23% when not considering the HDFC and HDFC Bank merger impact. The tota...
Continue readingSustainability has become a key factor in the real estate industry, shaping the way buildings are designed, constructed, and operated. With the rise of climate change concerns and the need for more en...
Continue readingNavratri is celebrated with nine days of divine power devoted to the manifestations of the idol Durga. There has never been a better time to buy a apartment. Real estate purchases during Navratri are ...
Continue readingAfter several years of tardy growth, a surge in demand for residential property has led to a smart uptick in real estate prices across the country. Delhi NCR saw the biggest jump in prices, with pric...
Continue readingIndia’s real estate sector has come a long way in the past few decades. From a largely unorganized and unregulated sector, it has become one of the largest and most resilient real estate industr...
Continue readingKolkata’s real estate market is witnessing a speedy transformation. The city’s property market, coming out from the stagnation post demonetization and GST, has gained much momentum in rece...
Continue readingThe RBI increased the repo rate — the rate at which the central bank of the country lends funds to the commercial banks — by 50 basis points (bps) to 5.40 per cent in its bi-monthly policy...
Continue readingThe developers of west Bengal has got the help from the state on certain packages like waivers on taxation and deductions on stamp duty of the properties when the real estate industry was drowning und...
Continue readingWith retrospective amendment of CGST the centre got more expanded time for the disbursal of input tax credit. In the amendment of CGST which is related to the transitional arrangements and is more eff...
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