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How India's new-age rental disruptors have put an end to house hunt

NEW DELHI, Feb. 16 -- Aditya Jain did many rounds of paying guest (PG) facilities before he zeroed in on Oyo Living's new, shared living facility in Bengaluru's AECS Layout. He has taken up a bed in a... Read More


Home sales in Delhi NCR slip by 17%

MUMBAI, Feb. 16 -- Home sales in the National Capital Region (NCR) have dipped further by 17% to 13,279 units in the October-December quarter of 2018-2019 even as the overall residential market improv... Read More


Developers reduce unit size to tap affordable segment

NEW DELHI, Feb. 16 -- Developers have a new trick up their sleeves to boost sales. In order to attract buyers and make properties look more affordable, developers are now reducing the average unit siz... Read More


How will Brexit influence Indian investments in UK realty?

NEW DELHI, Feb. 16 -- The doomsayers are having a field day with predicting that Brexit will cause the UK real estate market to dry up and blow away. In India, we are quite used to gleeful prophecies ... Read More


What are the implications of Delhi's landpooling policy?

NEW DELHI, Feb. 16 -- The Delhi land pooling policy by DDA is a first in public-private partnership on such a large scale in the real estate market of the capital city. Pool in land for organized deve... Read More


Southern cities take the lead in housing launches, sales

NEW DELHI, Feb. 16 -- Year 2018 was a mixed bag of highs and lows for the Indian real estate sector. The initial pangs of policy alterations seemed to fade away with each region seeing visible signs o... Read More


What are the tax implications of NRI investments in residential properties?

NEW DELHI, Feb. 9 -- The Indian diaspora has been an important source of inflow of funds in India. The remittances are received for a multitude of reasons, such as maintenance of family, repayment of ... Read More


Rustomjee to raise Rs 1,100 crore from HDFC to fund luxury project in Mumbai

NEW DELHI, Feb. 9 -- Property developer Rustomjee group of Mumbai will borrow up to Rs 1,100 crore from HDFC Ltd in construction finance to complete a luxury housing project that it took over from DB ... Read More


Good news for tenants, owners of multiple houses and depositors

NEW DELHI, Feb. 9 -- If you own more than one property, you have a reason to cheer as the interim budget proposes to treat two properties as self-occupied, which will effectively bring down your tax l... Read More


Piramal, Ivanhoe Cambridge to invest Rs 500 crore in Lodha's Mumbai township

BENGALURU, Feb. 9 -- Two years after Piramal Enterprises Ltd (PEL) and Ivanhoe Cambridge, a real estate subsidiary of Canada's second largest pension fund Caisse de depot et placement du Quebec (CDPQ)... Read More