PMC Bank crisis: Police complaint reveals scam-hit Bank created over 21,000 fake accounts to hide loans
The police complaint accuses the bank’s management of concealing non-performing assets and disbursing loans leading to a loss of at least Rs 4,355.46 crore
Govt sets up Rs 20,000 cr fund to complete stalled housing projects; fund too narrow in scope, say experts
An estimated 8.5 lakh home buyers are yet to get delivery of their units as hundreds of housing projects across the country are delayed due to liquidity crunch and demand slowdown,
Describing the slowdown as "deeper and more broad-based than suspected", domestic rating agency CRISIL on Wednesday sharply slashed its GDP forecast for FY20 to 6.3 percent from 6.9 percent earlier
Economic slowdown impact: Top realty player Lodha Group lays off 400 people amid rising debt, falling sales
Lodha currently has nearly 42 under-construction residential projects, including The World Towers and Lodha Park, comprising several high rises in central Mumbai, as well as affordable housing project.
Jaypee Infratech homebuyers protest in Delhi, urge govt to direct IDBI Bank to vote in favour of NBCC's bid
The homebuyers have appealed to the government to direct IDBI Bank and NBCC to resolve their differences on the resolution plan
Inclusion of real estate sector in its entirety under GST would help deal with uncertainties caused by various rulings
GST should ultimately subsume stamp duty payable on land sale agreements; ideally, at least on an immediate basis the Budget should address the issue created by notification in January 2018
Union Budget 2019: Property consultant Anarock demands industry status for real estate sector, more bank funds, ITC benefit in GST
Property consultant Anarock has demanded industry status for the real estate sector, single-window clearance for development and increase in bank funding to developers for completing projects in its wish list for the upcoming budget
Promoters of Indiabulls Real Estate have sold about 12 percent stake to Bengaluru-based realty firm Embassy Group through block deal, as part of its strategy to focus on financial services and exit realty business, sources said
Bank, realty, auto shares drop up to 7% despite RBI repo rate cut; IndusInd Bank, BoB, Yes Bank among top losers
Interest rate sensitive bank, auto and realty shares came under selling pressure on Thursday falling up to 7 percent even as the RBI slashed the policy rate
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More than two-thirds of homebuyers will file a complaint against the developer with real estate regulator under the new law RERA for any delay in possession of their flats, according to a survey by Magicbricks
Investment for senior citizens: Why bank on risk-free FDs alone? From gold to mutual funds, there are other options too
Gold is a good investment in terms of capital appreciation as mining of fresh gold has almost come to a standstill and the world is managing with the existing stock
The mortgage securitisation market in India is primarily dominated by direct assignments among a limited set of market participants on account of various structural factors
NBCC said it entered into the insolvency proceedings of Jaypee Infratech to provide relief to over 20,000 home buyers.
Realty firm Gaurs Group on Monday said it will invest Rs 350 crore to develop a new mixed-use project in its 250-acre township along Yamuna Expressway in Uttar Pradesh
Realtors want banks to pass on rate cut benefits to borrowers, say will trigger home buying into actual sales
The RBI's decision to cut the key interest rate will boost housing sales and lift market sentiment, property developers and consultants said
RBI monetary policy: Rate sensitive stocks show mixed trend as central bank cuts repo rate by 25 bps
Interest rate sensitive stocks - banking, realty and auto - witnessed mixed trend on Thursday following the RBI's rate-cut announcement
Sensex falls over 325 points on weak global cues, slips below 38,000-mark; realty, metal, auto stocks trade in negative zone
Sensex which had lost 222.14 points on Friday, was trading lower by 325.49 points, or 0.85 percent, at 37,845.24.
The all-powerful GST Council in its 34th meeting to be held on Tuesday is expected to take up various issues including the implementation of lower GST rates for the real estate sector
CBRE's India revenue grew 20 percent during 2018 and expects to maintain its growth even in 2019, he said, but did not disclose the turnover figure.