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AMARAVATI: Dismissing the campaign against the new property tax regime in urban areas, the government said reforms would reduce tax for lakhs of assessees. The government clarified that the new system would end corruption in urban local bodies and strengthen their finances. The government carried out a study on apprehensions raised by opposition parties and […]
Andhra Pradesh government Real Estate News Read More »
While developers expect sales to grow, buyers should take a hard-nosed look before making a decision.Festival season 2014 is different for the real estate sector as developers are betting on the renewed market sentiment coupled with tradition to see their sales counters abuzz with activity. Last year, the season, which begins with Ganesh Chathurthi and
High hopes this festival season Read More »
NEW DELHI: Private sector Karnataka Bank has declared accounts of Reliance Home Finance and Reliance Commercial Finance a fraud with combined loan outstandings of over Rs 160 crore to the lender. The bank has reported to the Reserve Bank regarding frauds in the credit facilities extended earlier to two listed companies — Reliance Home Finance
Karnataka Bank declares loan to Reliance Home Finance as fraud Real Estate News Read More »
By: Santhosh Kumar There is increased buoyancy in the market after the arrival of the new government, especially after the Budget has set the ball rolling for the real estate sector. With allocation of more funds for affordable housing, easing of FDI norms, implementation of REITs and special focus on infrastructure development, the government has made
Noida: Preferred destination for new realty projects Read More »
SURAT: Diamond City expedited execution and management of various projects under the Smart Cities Mission to catapult itself to the top position among top 20 smart cities in the country. Earlier the city was ranked fourth in the ranking declared by the union ministry of housing and urban affairs. “We were placed fourth, while Ahmedabad
Surat climbs to top among smart cities Real Estate News Read More »
The construction major NBCC is promising transparency, on-time delivery and green features. The housing market in the country today is primarily driven by private sector developers and the government has largely restricted itself to the role of a promoter of housing schemes such as the Delhi Development Authority, the Maharashtra Housing and Area Development Authority
A new player in the housing market Read More »
NASHIK: After months of inactivity, the realty sector in Nashik has regained some momentum. Construction work at about 1,000 residential projects in Nashik city has restarted after three months of disruption following the second Covid wave, confirmed Ravi Mahajan, the president of Credai, Nashik. Since March this year — due to the district administration’s strict
Real estate sector gains momentum in Nashik Real Estate News Read More »
REIT and InvIT are required to make investments either directly or through special purpose vehicles. The Securities and Exchange Board of India (Sebi) on Friday firmed up regulations that will govern real estate investment trusts, or REITs, and so-called infrastructure investment trusts (InvITs) that the market regulator decided to allow last month. Following a board
Sebi notifies norms for REITs infrastructure investment trusts Read More »
A 10-storey residential building in China’s Changsha city was just built in 28 hours and 45 minutes. Broad Group, the developer of the building, shared a nearly five-minute-long video on its YouTube channel on June 13, where it showed how the entire structure was erected. By hindustantimes.com | Written by Harshit Sabarwal | Edited by
Chinese developer builds 10-storey building in Changsha in just over 28 hours Read More »
Marico Industries is pushing to strengthen the positioning of its Saffola brand as a preventive, healthy lifestyle advocating food product, not just an edible oil, by introducing health and wellness products under the range, according to a senior company official. Marico has been on product offensive after the pandemic and has introduced several products under
Marico to strengthen Saffola brand positioning as healthy lifestyle-advocating brand Read More »
The Centrum Group and BharatPe have prepared the blueprint for a new small finance bank that will also likely merge with it the operations of Punjab & Maharashtra Co-operative (PMC) Bank that they propose to take over. Non-bank finance company Centrum will initially carve out three sets of businesses — investment banking, lending to small
Here’s how Centrum BharatPe propose to merge PMC Bank Read More »
The domestic life insurance industry may see pressure on its profitability in the short-term as the coronavirus pandemic has cast doubt on the certainty related to morbidity and mortality in the country, ICICI Prudential Life said in its annual report. India became an epicentre with a spike in cases in the second wave of the