2024-04-11 10:24
Employment in India’s real estate sector saw a significant increase, rising to 7.1 crore in the past year from 4 crore in 2013. This growth was fueled by a strong expansion in the hous… Read More
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Why It Is Important To Have A Rent Agreement While Blog
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One of the newest trends prevailing in the real estate sector in the city is finding a great deal of house for sale in Kolkata and then renting it out for
2024-03-06 12:16
Officials informed The Times of India on Monday that the Maharashtra Real Estate Regulatory Authority (MahaRERA) has granted extensions to a total of 541 stalled projects in the state. Each… Read More
2024-02-05 10:53
The Bengal government has started implementing land conversion from leasehold to freehold, state commerce and industry minister Shashi Panja said after a cabinet meeting chaired by CM Mamata… Read More
2024-01-11 12:52
The government is examining whether two separate Acts on the subject of regulation of the real estate sector — one enacted by the Centre and the other by a state — can coexist.&n&hell…Read More
2023-12-29 10:13
The state issued a notification on Thursday to eliminate affordable housing in the No-Development Zones (NDZs) of the city, renaming them as Special Development Zones (SDZs). The focus will… Read More
2023-12-23 11:10
In an effort to curb the wastage of treated water, the Kolkata Municipal Corporation’s water supply department is set to implement water meters in all new buildings within its jurisdic… Read More
2023-11-29 06:10
Any additional housing loans for stalled real estate projects that are being revived under a dedicated government scheme can be treated as standard loans, the Reserve Bank of India has told… Read More
2023-11-20 09:51
Emami Realty Complaint Leads to NCLT’s Insolvency Proceedings Against Fort Projects (P) Ltd in Kolkata. Fort Projects is part of Fort Group , one of the leading real estate firms in th… Read More
2023-10-30 07:41
Buying land in India can be a complex process, but it doesn’t have to be overwhelming. In this guide, we’ll simplify the steps involved in purchasing your dream plot of land in t… Read More
2023-10-12 07:31
Consider buying a home in Kolkata. It involves checking various properties before shortlisting them and visiting them before making the final decision. Physically visiting everywhere can be… Read More
2023-09-22 06:52
. MahaRERA on Wednesday extended the deadline, from the existing September 1 to January 1, 2024, for 32,000 registered real estate agents to complete their competency certification . The ord… Read More
2023-08-31 10:39
In a bid to catch tax evaders, the municipal corporation (MC) has started scrutinising property tax returns filed by various malls in the city. The exercise has been initiated from the zone… Read More
2023-08-16 10:25
Prime Minister Narendra Modi on Tuesday said the government will soon launch a scheme to provide relief in interest of bank loans to those dreaming of their own house in cities. Addressing t… Read More
2023-08-04 10:19
KRERA has made it compulsory for real estate promoters, banks, and other parties to deposit the money obtained by pledging the housing project land into the RERA project designated account… Read More
2023-07-17 11:23
Buying a property is a significant investment, and it is essential to ensure that all legal requirements are met before making the purchase. One of the crucial documents that a buyer must ob… Read More
2023-06-27 12:16
The Indian luxury real estate market is witnessing a significant shift in demographics, with millennials emerging as a key driving force. Among this group, the academic elite are playing an… Read More
2023-06-12 10:22
When it comes to buying or selling property, many people turn to a real estate broker for guidance. A broker is a licensed professional who acts as an intermediary between buyers and sellers… Read More
2023-05-30 07:40
In 2023 the area of Rajarhat is becoming a superbly accommodative place for residence. It’s now the top most choice of the people of Kolkata or who are coming outside from Kolkata for… Read More
2023-04-04 10:36
The housing and urban affairs ministry has set up a committee headed by former CEO of Niti Aayog, Amitabh Kant to examine the issues related to legacy stalled real estate projects in the cou… Read More
2023-03-01 13:18
Reliance Industries has invested Rs 1,00,000 in the equity shares of RSOUL. “The company has incorporated a wholly owned subsidiary named Reliance SOU (RSOUL) to carry on, inter alia… Read More
2023-01-14 07:43
In the year 2022 as many as 3,12,666 residential units were sold across top eight markets of India, registering a growth of 34 per cent year on year (YoY), according to Knight Frank India&rs&hell…Read More
2022-11-10 09:45
Real Estate private equity investment recorded nearly 1.3x growth with a total inflows of Rs 13120 crore for the third quarter of CY 2022, said Cushman and Wakefield in its latest report. Th… Read More
2022-07-09 09:13
In the last section,clearance is necessary for RERA. So what is RERA? The full form of RERA is Real Estate Regulatory Authority. It is built up for taking the action against any problem in t… Read More
2022-03-01 09:53
Supply of high-value properties in the national capital and other metro cities is being driven by families wanting to sell jointly-owned bungalows in some of the most sought-after residentia… Read More
2022-02-22 10:04
Putting the interest of homebuyers above that of banks when a real estate company defaults in repaying bank loans and handing over possession, the Supreme Court held that in case of conflict… Read More
2021-12-25 10:18
The ground work ahead of soil testing for the much-awaited Joka-Esplanade Metro has started in the Maidan area. This is a milestone for the Metro corridor that has been saddled with several… Read More
2021-12-14 13:17
The residential property registrations in greater Kolkata in the 11-month period of 2021 stood at 40,972 units, a 79% increase in residential properties being registered on a year on year ba… Read More
2021-11-11 07:04
The greenfield sports themed township ‘Merlin RISE- The Sports Republic‘ will house the state of the art Football academy of Ronaldinho – R10 FOOTBALL ACADEMY; the sw… Read More
2021-10-19 12:07
The Karnataka Real Estate Regulatory Authority (K-RERA) has made it mandatory for builders to disclose water sources for the buildings at the time of registration. The bold move was made in… Read More
2021-09-08 06:05
The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday invited bids for the construction of ‘Package 4’ of Mumbai Trans Harbour Link (MTHL) project on a design an… Read More
2021-08-13 09:52
BENGALURU: Property prices in the state may largely go up soon as the government is looking at revising guidance values. A Central Valuation Committee (CVC) comprising senior officials of th… Read More
2021-08-13 09:47
The real estate sector which has been stressed for quite some time now has started showing signs of improvement since the first quarter of the current fiscal and its contribution to the coun… Read More
2021-07-16 13:26
The authorities are in the process of making the necessary modifications in the building rules. NKDA has already developed rooftop gardening in some of its market complexes. KOLKATA: The New… Read More
2020-09-02 06:29
The Kolkata Municipal Corporation has decided to impose fines because of blocking the roads and pavements with construction materials which are not acceptable. With the declarations of Mamat… Read More
2020-08-17 13:12
Investments in the real estate industry have become a trend in recent times. As compared to other cities, Kolkata is becoming the best in providing residential units. This city individually… Read More
2020-08-07 12:42
The New Garia metro car depot has got the tender of amount 103crores to carry on the important activities along with the depot land. This will shorten the time and help for completion of New… Read More
2020-07-22 13:17
Real estate is an industry that gives a huge push to the developing economy. It attracts lots of investors across the globe because of the things that they can control the situation. It diff… Read More
2020-07-02 06:24
The government has given relief to the owners of unauthorized colonies from the last year because the buyers had bought those properties below the market price which were continued previous… Read More
2020-06-22 09:35
The buying plans will be sanctioned online from 1st July 2020 by the Kolkata Municipal Corporation as it was stopped due to the Covid-19 pandemic. The roll-out of the online project was dela… Read More
2020-03-17 10:54
The real estate industry has cordially praised the amendment of Real estate (Regulations and Developments) Bill in 2015 approved by Union Cabinet. This bill has been introduced to unite the… Read More
2018-09-03 09:15
States that have missed the boat to formulate their respective solid waste management policies are going to have a harder payback this time. On this Friday, a bench of Justice M B Loku… Read More
2018-08-04 03:46
Are you willing to buy flats in Kolkata? Or you are a suburb-lover when it comes to buying your own home? ‘Buying home’ symbolizes a sense of pride and security for every homebuy… Read More
2018-07-21 04:09
Starting from its inception, till its deviation from the central real estate Act, the Housing & Industrial Regulation Act, 2017 (HIRA) of West Bengal state government, has been creating… Read More
2018-06-29 09:38
A group of real estate developers of Maharashtra recently moved the Bombay High Court against the Goods and Services Tax (GST) Council, central, and the state government of Maharashtra of la… Read More
2018-06-14 10:25
Want to buy a home in your early thirties? Are you looking for compact apartments in a metro city? The industry experts suggest that investing in mid-budget flats in Kolkata can lead you to… Read More
2018-06-14 10:07
A life-size wave is all set to bump on the realty builders. As per the wandering industry reports, the implementation of a new accounting standard from this fiscal (starting from 2018) will… Read More
2018-06-12 03:36
June 6, 2018- a memorable day indeed from the home-buyers’ perspective. In its recent ordinance to amend the Insolvency and Bankruptcy Code (IBC), the Government of India has declared… Read More
2018-06-09 05:52
So far a lot has been said about the Real Estate (Regulation and Development) Act, 2016 (RERA). But still what remains untold is Bengal Government’s final take on this consumer-friendl… Read More
2018-03-31 09:56
The central government wants to give a second thought on whether New Town in Kolkata should receive a ‘Smart City’ tag or not, as there is no implementation of any central govern… Read More
2018-03-27 06:22
Starting from its implementation, the Real Estate (Regulation and Development) Act, 2016 (RERA) has made the structural reform distinctive and transparent. Maharashtra was the first state to… Read More
2018-03-15 07:58
Homebuyers might be considered as commensurate with the unsecured financial lenders at insolvency proceedings for real estate companies. With the implementation of this new rule, a bulk of t… Read More
2018-02-28 06:20
A home loan is nothing but a long-term financial commitment. Life is not a bed of roses. Hard times can be at the door at any moment. One needs to be prepared for combat with all such situat… Read More
2018-02-21 07:41
The cabinet is about to give a go ahead for the biggest ever financial plan for the Pradhan Mantri Awas Yojna Urban (PMAY-U) to measure up the budgetary requirement for 1.2 crore affordable… Read More
2018-02-16 10:26
“Applicable GST rate” is where the confusion of the property buyers cut loose. There’s nothing to get panicked if you have the right amount of knowledge of GST levied on th… Read More
2018-02-13 11:00
Being a developing country India currently has rapidly evolving and increasingly competitive market offerings. Thus the career options of the Indian millennial are no longer predictable as i… Read More
2018-02-07 09:25
For a long real estate market in India is awaited for a complete restoration. While an increased market price and unreliable market sentiment made the buyers fence-sitters, policy changes an… Read More
2018-02-01 05:15
Real estate major Unitech has finally been shown the exit by the National Consumer Disputes Redressal Commission (NCDRC). Warding off all the presented facts by the company in its claim for… Read More
2018-01-29 11:18
Indian market got acquainted with the Goods and Services Tax or GST on July 1, 2017. The unified tax regime has subsumed all existing indirect taxes into a single tax. However, Real Estate i… Read More
2018-01-25 06:22
The market needs some more time to absorb the Real Estate (Development and Regulation) Act, 2016 (RERA) as still there are states and UTs those have not notified their respective real estate… Read More
2018-01-23 07:08
This is the ideal time to invest in Kolkata properties. For the first time in last seven years, the real estate industry observes a sharp price correction below invoice pricing. Current… Read More
2018-01-18 05:28
Who doesn’t want to own his/her own home and to give the family a secured shelter? It requires a whole lot of documentation and paperwork for buying your home in India. However, a majo… Read More
2018-01-16 05:05
Indian real estate sector had experienced a massive slowdown during 2017 as it was regarded as a watershed year for the realty stakeholders. Starting with the Demonetization, moving ahead wi… Read More
2018-01-11 05:29
Most would agree with me that the best way to have a secure property investment is to select a property, developed by an established construction company. A thorough research on operating de… Read More
2018-01-09 06:03
Big news for property buyers! Stamp duty paid during property registration will come down at least by 10%. A circular was issued by the Maharastra government’s Inspector General of Reg… Read More
2018-01-04 05:56
Starting from the end of 2016 to the entire 2017 Indian real estate industry had witnessed some significant policy changes and reforms. These have changed the face of the industry and will s… Read More
2018-01-02 06:56
State Bank of India has slashed its Base Rate – an earlier lending benchmark by 30 basis points to 8.65% which means loan borrowers can now lend money from the banks at a cheaper rate… Read More
2017-12-28 05:33
Undeniably the implementation of The Real Estate (Regulation and Development) Act, 2016 (RERA) is backing the real estate sector towards achieving a better accountability. Pre-RERA real esta… Read More
2017-12-21 05:27
In an attempt to support affordable housing, the government has already provided infrastructure status and now it’s considering to tweak the land use policy in order to meet the deadli… Read More
2017-12-18 07:07
‘Aadhaar linkage with property’ is another forthcoming step by the central government of India aiming to straighten out in real estate transactions. Linking of the unique Aadhaar… Read More
2017-12-13 05:08
There’s no myth in the selling of repossessed properties. These properties are sold through physical or e-auctions. Though these auctioned properties offer ample scopes to the bargaine… Read More
2017-12-11 10:31
Construction companies and realtors could be punished by the Goods and Sales Tax (GST) authorities if they don’t disseminate input tax credit to the end-users by cutting off the proper… Read More
2017-12-06 11:59
National Housing Bank is in conversation with the GST Council and the other authorities to cut down the effective Goods & Services Tax rate 12% after measuring out the lowering of the la… Read More
2017-11-27 06:20
1.07.2017- was the date of India’s biggest tax reform. Till date the disorientation regarding this rule has been observed in the current market. Initially, it was stated that the real… Read More
2017-11-27 06:02
Explaining it as a complex process GST Council member and Bihar Deputy Chief minister Sushil Modi said the inclusion of real estate in Goods and Services Tax (GST) would take “much lon… Read More
2017-11-23 06:20
Is there one thing that is taking you back from property investment? Are you taken back by additional GST burden on your chosen apartment? Here are some confluent factors that one should kno… Read More
2017-11-20 05:37
Selling/Renting properties online is easy-that we all know, but classifying genuine tenant from hundred random visitors is not as easy as it seems to be. When a prospective tenant visits you… Read More
2017-11-17 07:48
Now Middle Income Group (MIG) apartments are going to have additional carpet area under the Pradhan Mantri Awas Yojana (PMAY) – Urban. Cabinet has approved the enhancement of carpet ar… Read More
2017-11-16 07:00
India logistics real estate is soon to be addressed as an asset class worth investing in. Accompanied by fresh investment and supply the logistics real estate market is set to score a fortun… Read More
2017-11-09 06:51
Healthcare real estate is a sub market of the real estate industry. Also known as “medical real estate” the sector helps in designing, constructing, and facility planning of buil… Read More
2017-11-06 08:13
Real estate industry has been providing scrupulous solution for commercial property solution over the decades. Now the commercial real estate market is hooking on the retail portfolio to att… Read More
2017-11-03 12:41
The associate real estate agents/brokers of The National Association of Realtors (NAR) are broadly known as realtors. It’s an independent organization that calibrates the interest of b… Read More
2017-11-02 10:35
Tourism in India is driven by the rich historical and traditional heritage and topographical assortments spread across the country. The future of the hospitality industry inherently related… Read More
2017-11-02 05:15
In a bid to advance the employment ratio of the country Ministry of Housing and Urban Affairs tied-up with UrbanClap, an online service aggregator, to offer employment opportunities for urba… Read More
2017-10-27 07:31
Do you want to buy flats in Kolkata? Here is the Kolkata property market insight from July to September to have an overview of the current situation. Recovery of real estate sector The missi… Read More
2017-10-24 06:23
Transferring home loan from one bank to another for better facilities and lower interest rates is attractive option for existing home loan borrowers. However, this entire process of transfer… Read More
2017-10-17 07:45
Post demonetization sale hadn’t gone up as predicted. Additionally, the implementation of RERA is still stuck in the centre and state level swing. Market experts predicted that the fes… Read More
2017-10-11 05:32
FIR issued against two diamond traders of Mumbai Dahyabhai Sutaria and Bhupat Lukhi and their partner Sangeeta Hegde, after a hi-end project in Mira Road gets suspended. Approximately 500 pe… Read More
2017-10-06 05:54
RERA implementation in West Bengal is struck dumb after the drafting completed on Aug 16. It seems like overruling the deadline and penalty panic hardly have any impact on the execution stro… Read More
2017-10-03 12:20
Real estate is any day, not that investment, where investment details could be sidelined out of home buying frenzies. The joy of home-buying shouldn’t meddle with clauses and condition… Read More
2017-09-26 04:59
Taking account of three Pune-based real estate development house the Maharashtra Real Estate Regulatory Authority (MahaRera) has asked Marvel Realtors to pay up a monthly rent of Rs. 15,000… Read More
2017-09-19 13:32
It seems like Indian realty market is the next big investment pocket of Private Equity companies. PE inflows into real estate sector may set to hold a new record this year with cross $4 bill… Read More
2017-09-11 10:12
July 1, 2017 India got the crucial tax reform till date- ‘GST’. Till date what we know about this new regime is this is an additional payable amount which we suppose to count wit… Read More
2017-09-05 06:10
GST now has added further trouble for real estate raw material suppliers. As the product itself, as a sample doesn’t attract GST but the freight and the packaging materials are payable… Read More
2017-08-31 11:31
RERA ticks off strict rules for every real estate stake holder, barring the property portals. Modern realty business is partial without property portals. Buyers don’t utter a single wo… Read More
2017-08-22 05:23
The current market demand trend is heavier on the side of occupancy certificate ready apartments. In the whirl of timely deliverance, developers are scheduling the possession without propert… Read More
2017-08-17 07:10
inally, West Bengal Govt. professes The West Bengal Housing Industry Regulation Bill 2017 after missing the time-stretched granted by the central ministry. July 31, 2017 was the deadline for… Read More
2017-08-14 10:05
The Smart City special purpose vehicle (SPV) — Nagpur Smart and Sustainable City Development Corporation Limited (NSSCDCL) have enforced prohibition on sale deeds of unapproved layouts… Read More
2017-08-08 06:18
Even RBI has come to the line to promote PMAY flagship project ‘Home for all by 2022’. Real estate experts consider that the apex bank of Indian economy has cut the repo rate at… Read More
2017-08-02 11:15
Towering price of urban residential apartments results in increasing development scopes in tier II cities. Peripheral areas of the tier I cities and suburbs are emerging as blooming developm… Read More
2017-07-31 10:22
Government flagship project ‘Housing for all by 2022’ is currently shooting ahead with multiple remunerative catalysts. Government is expecting substantial revenue from the very… Read More
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