Rera

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Rera - Total results - 121
Sell unsold units at 'no-profit-no-loss' to save interest, boost liquidity: Nitin Gadkari to real estate developers
Business

Sell unsold units at 'no-profit-no-loss' to save interest, boost liquidity: Nitin Gadkari to real estate developers

Union Minister Nitin Gadkari on Wednesday exhorted real estate players to sell unsold housing units, even at no-profit-no-loss, to boost their liquidity condition and save interest cost on loans

In Rajya Sabha, Narendra Modi alleges Opposition criticising CAA, NPR due to vote bank: PM quotes Lohia, Shastri to justify Centre stand
Politics

In Rajya Sabha, Narendra Modi alleges Opposition criticising CAA, NPR due to vote bank: PM quotes Lohia, Shastri to justify Centre stand

Narendra Modi quoted statements made by Ram Manohar Lohia and Lal Bahadur Shastri on supporting minorities facing persecution in Pakistan.

SBI announces 'residential builder finance with buyer guarantee' scheme; product to improve confidence of homebuyers
Business

SBI announces 'residential builder finance with buyer guarantee' scheme; product to improve confidence of homebuyers

Under this scheme, the SBI will issue a guarantee for completion of select residential projects to customers which have availed home loans from it.

Reforms unleashed by Narendra Modi govt will make country very competitive; India's story has just begun: NITI Aayog CEO Amitabh Kant
Business

Reforms unleashed by Narendra Modi govt will make country very competitive; India's story has just begun: NITI Aayog CEO Amitabh Kant

India, under Prime Minister Narendra Modi, was moving fast on the track of ease of doing business, the NITI Aayog CEO said

Cash still rules: Builders continue to ask for money for property purchases in smaller cities, says report
Business

Cash still rules: Builders continue to ask for money for property purchases in smaller cities, says report

Despite the Income Tax Act introducing some changes for the realty sector to curb generation of black money, builders continue to ask for cash for property purchases.

Nirmala Sitharaman's support for realty indicates Narendra Modi govt's willingness to get into micro details to revive growth in other sectors
Business

Nirmala Sitharaman's support for realty indicates Narendra Modi govt's willingness to get into micro details to revive growth in other sectors

The present decision to open a new window for finance is hence quite timely and should address to a large extent the woes of the real estate segment

Nirmala Sitharaman hints at booster dose for realty sector; admits previous measures may not help revive demand
Business

Nirmala Sitharaman hints at booster dose for realty sector; admits previous measures may not help revive demand

Finance minister Nirmala Sitharaman on Tuesday said the government and Reserve Bank are working to resolve the issues being faced by realty sector

Emaar Properties bullish on Indian realty sector; eyes to develop joint venture projects, new markets
Business

Emaar Properties bullish on Indian realty sector; eyes to develop joint venture projects, new markets

In 2005, Emaar Properties entered the Indian real estate market in partnership with MGF group and invested Rs 8,500 crore through joint venture Emaar MGF Land Ltd.

We need builders to build new India; HDFC keen to contribute to govt's Rs 20k cr realty fund, says Deepak Parekh
Business

We need builders to build new India; HDFC keen to contribute to govt's Rs 20k cr realty fund, says Deepak Parekh

The government fund will help good developers finish their pending projects, which are non-NPA and non-NCLT, said HDFC's Deepak Parekh.

Lok Sabha Speaker Om Birla calls for strengthening real estate sector to spur economic growth
Business

Lok Sabha Speaker Om Birla calls for strengthening real estate sector to spur economic growth

Lok Sabha Speaker Om Birla on Monday asked real estate developers to deliver apartments to homebuyers on time without compromising on the quality, while stressing on the need to strengthen the sector for faster economic growth and employment generation

Tracking India's economic slowdown: Country needs meaningful transition policies; simple demand and supply games won't do
Business

Tracking India's economic slowdown: Country needs meaningful transition policies; simple demand and supply games won't do

In India's current situation, it is possible to view an intended recovery as a simple business cycle problem, one that will go away as private players follow the classic rules of capitalism

JLL India revenue grows 17% to Rs 4,000 cr in FY19; to hire 2,000 employees by 2020-end
Business

JLL India revenue grows 17% to Rs 4,000 cr in FY19; to hire 2,000 employees by 2020-end

JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 91,000 as of 31 March 2019.

Banks colluded with Amrapali developers in misappropriation of loans for housing projects: Supreme Court
Business

Banks colluded with Amrapali developers in misappropriation of loans for housing projects: Supreme Court

More than 40,000 homebuyers are suing Amrapali in a long-running legal battle over delays to projects

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

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
Business

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: Real estate sector hopes for industry status, further push to REIT agenda
Business

Union Budget 2019: Real estate sector hopes for industry status, further push to REIT agenda

With the transformation in the way business is conducted under the reformative Real Estate (Regulation and Development) Act, 2016 (RERA) regime, it is time to recognise the role of the real estate sector as a full-fledged industry.

Union Budget 2019: Home buyers body want Rs 10,000-cr 'stress fund' to complete stalled projects
Business

Union Budget 2019: Home buyers body want Rs 10,000-cr 'stress fund' to complete stalled projects

The government in the upcoming budget should create a Rs 10,000-crore fund to complete stalled real estate projects across the country and provide relief to over five lakh people who have booked properties, according to home buyers' body FPCE

Inclusion of real estate sector in its entirety under GST would help deal with uncertainties caused by various rulings
Business

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

Govt to push campaign against black money at faster pace: President Ram Nath Kovind
Business

Govt to push campaign against black money at faster pace: President Ram Nath Kovind

The government has taken steps to curb generation of black money in the real estate sector to benefit the middle class, and will further speed up its campaign against ill-gotten wealth as part of its commitment to a 'zero tolerance policy' against corruption, President Ram Nath Kovind