Builders

Maradu flats: SC says demolition must be completed in 138 days, directs Rs 25 lakh as interim compensation for owners

The Supreme Court on Friday directed that demolition of flats built on the coastal zone of Kochi's Maradu be completed in 138 days, in accordance with the time schedule provided by the Kerala government

NHB's move to ban subvention scheme 'impulsive', must be withdrawn: Realtors' body CREDAI

The National Housing Bank's (NHB) decision to ban lending by housing finance companies under subvention scheme was "impulsive" and should be rolled back to boost sales, realtors' body CREDAI Chairman Jaxay Shah said here on Wednesday

SC judgment in Amrapali Group case a welcome step, but opacity of Noida’s real estate market remains a problem

Individual cases such as the one involving Amrapali Group are reaching the Supreme Court because at the local level, the mechanism of checks and balances is not there.

Supreme Court directs RERA to cancel Amrapali Group's registration; asks ED to conduct probe into fund diversion

The ED will register money laundering cases against Amrapali, its chief managing director and other directors

Union Budget 2019: Realty players seek measures to tackle liquidity crunch to achieve target of 'Housing for All' by 2022

The government should take steps to increase liquidity in the system in the upcoming budget to give a boost to cash-starved real estate sector and achieve 'Housing for All' by 2022, according to property developers and consultants

Budget 2019-20: Finance ministry may look at 10-year tax holiday on rental profits earned by builders

The finance ministry may look at a 10-year tax holiday for real estate developers on profits earned from rental housing as it looks to revive investment and boost a slowing economy, sources said

Union Budget 2019: Realtors body NAREDCO calls for boost to rental housing through incentives like 10-year tax holiday

Realtors body NAREDCO has demanded a boost to rental housing in the upcoming budget from the government through incentives like 10-year tax holiday to real estate developers on the profit earned from the business

Ministerial panel favours uniform tax on lottery, GST Council to decide rate on 20 February

The eight-member group of ministers under Maharashtra Finance Minister Sudhir Mungantiwar favoured hiking GST rate on the state-organised lottery to either 18 percent or 28 percent.

Affordable housing: Why are builders enjoying 100% income tax holiday and not passing on benefits to home-buyers?

Budget 2019 has given one more year to builders to seek approval from competent authority for their housing projects

Unsold housing stocks in NCR decline 9% during 2018; stalled projects still worrisome: Report

In the data released on Tuesday, the consultant said, housing sales in National Capital Region (NCR) rose by 18 percent during 2018 to 44,300 units from 37,610 units in the previous year.