Industry News Content
Understanding different housing schemes is essential for prospective homebuyers. Key terms like LIG (Lower Income Group), MIG (Middle Income Group), and HIG (Higher Income Group) flats are often used,...
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 readingThe Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has received complaints from homebuyers regarding developers offering conditional possession of units through declarations or agreements. T...
Continue readingFollowing a High Court interim order preventing Naveen Raj Singh, Principal Secretary of the Housing Department, from serving as the acting chairperson of Karnataka RERA, the state government has appo...
Continue readingFinance Minister Nirmala Sitharaman presented the 2024-2025 Union Budget in Lok Sabha on July 23, 2024. In her seventh consecutive budget, Sitharaman highlighted that India's inflation remains low, st...
Continue readingWest Bengal government has decided to end the temporary relief measures for the real estate sector, which included a 2% reduction in stamp duty and a 10% decrease in the circle rate. These measures, w...
Continue readingManohar Lal Khattar becomes the Housing and Urban Affairs Minister, replacing Hardeep Singh Puri, in the new Union Cabinet headed by Prime Minister Narendra Modi. The 70-year-old Mr. Khattar was the f...
Continue readingThe Supreme Court of India has admitted a petition challenging imposition of the GST on the transfer of development rights within joint development agreements between realty developers and landowners....
Continue readingIn the ever-changing world of India's real estate sector, it's essential for investors, homebuyers, and industry experts to predict upcoming trends. As we move forward into 2024, the real estate marke...
Continue readingReal estate firms have reached out to the finance ministry for help following GST authorities sending notices to 27 major and medium-sized developers regarding intra-group royalty payments for using b...
Continue readingReal estate industry leaders stated that a special housing scheme aimed at the middle class, including those living in rented houses, slums, and unauthorized colonies, could help boost sales of afford...
Continue readingThe state has now updated the registration process for flats and houses to align with RERA guidelines. Instead of the previous norm of registering based on super built-up area, homes will now be regis...
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