The realty projects in the National Capital Region (NCR) have the longest gestation period in the country at seven years, stated a report released by a private real estate consultant on Wednesday. Individually, residential projects launched and completed between 2010 to 2019 in Delhi-NCR took the longest average time to […]
Property Grabbing By Tenants Will Soon Be A Thing Of Past. Rent Out Your House Without Any Concern With New Rent Policy
In a massive relief to homeowners and landlords against illegal occupancy of property, the government has said that it is formulating a new rental policy which is likely to check existing loopholes of the system. “Very soon you will see a rental policy out,” Union Minister Hardeep Singh Puri said […]
Affordable Housing Logistics To Get A Spur From Sovereign Funds
The country’s affordable housing and logistics sectors could be potential investment targets for sovereign wealth funds (SWFs), on the back of tax exemptions announced in the Union Budget 2020 early this month. The Budget granted 100% tax exemption on interest, dividend and capital gains income to SWFs investing in infrastructure. […]
FDI In Real Estate Jumps By 84.4 %
India’s real estate received $16.6 billion worth of foreign direct investment (FDI) in 2015-2019, a whopping 84.4% increase over the quantum of investments that flowed into the country in 2005-2014. Overall, since 2005, when restrictions on FDI in real estate were lifted, the sector has received more than $25 billion […]
US, UAE and Singapore Firms are the leading Investors In The Real Estate Sector of India
While Indian real estate attracted more than $5 billion in private equity inflows in 2019, firms from US, UAE and Singapore remain bullish on the sector even as Japanese and South Korean investors are evaluating options in 2020. As per data made available by Anarock Capital, US-based Blackstone remains bullish […]
Godrej Properties To Acquire 26 Acres In Central Delhi To The Tune of 1359 Crores
Godrej Properties, real estate arm of Godrej Group, has entered into a pact to acquire a 26-acre land parcel in central Delhi’s Ashok Vihar locality for Rs 1,359 crore. The Mumbai-based developer will be acquiring this plot from the Railway Land Development Authority. The payment for this land will be […]