Real Estate Developers

IL&FS default impact: NBFCs, HFCs lending to real estate almost halved in FY'19 to Rs 27,000 cr, says report

The outstanding credit by NBFCs/HFCs to real estate developers increased by more than 3.5 times to about Rs 2,33,000 crore till 2017-18 from Rs 64,000 crore in 2011-12, Nair said.

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

Home loan growth jumps in small towns up to 36% between 2012-13 and 2017-18 period, dips in 4 metros: Report

India's home loan market grew from Rs 4.6 lakh crore to Rs 9.7 lakh crore, exhibiting a CAGR of 16% during the period under review, the consultant said based on analysis of RBI home loan data.

Top realty players post more than 50% sales growth in 9 months of FY19 amid slowdown in sector

During the first nine months (April-December) of fiscal 2019, the sales of ten large listed entities in its sample set, stood at a robust 22.4 million sqft, registering a 50.7 percent growth.

RBI monetary policy today: With economy slowing down in Q2, MPC may be forced to stay on hold for now

Govt holds discussion with real estate developers on reduction of GST, boosting investments in the sector

Real estate sector has been facing stress for the past many years leading to undue delay in projects.

IBC amendments will eliminate 'fly by night' real estate developers, ensure timely completion of projects: Arun Jaitley

Arun Jaitley said the changes brought about through the ordinance will help in formalising the real estate sector

Centre assures realty sector of revenue neutral GST rate

The biggest concern was that GST treats real estate as a service while Stamp Act is treating it as a fixed asset. The real estate takes hits from both the sides.

Bengaluru demolition drive: As BBMP efforts enter second month, here's what it should focus on

Bengaluru's BBMP has continued its demolition drive into the second month

India real estate: Green methods in sector can yield economic benefits

The need of the hour is to inculcate sustainable construction technologies across the sector to ring in a wave of culture that puts the environment’s safety first.