Taking a cue from the Maharashtra and Madhya Pradesh’s governments’ decision to reduce stamp duty rates on account of the COVID-19 pandemic, Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has recommended the state government to reduce stamp duty on registration of properties by 2 percent to boost demand in the […]
Stalled Projects In NCR Will Be Revived By The Real Estate Body
After its intervention to restart a stalled housing project in Noida, the Uttar Pradesh Real Estate Regulatory Authority (UPRERA) is now contemplating to help resume operations of other stalled projects in the state. The UPRERA decided to step in after successful restart of the Jaypee Kalypso Court (Phase-II) project which […]
Developers Must Perform To Their Optimum To Win Homebuyer’s Confidence
The realty sector has been going through a rough phase over the past few years, and covid-19 has worsened the situation. Mint talked to Aakash Ohri, senior executive director, DLF Home Developers Ltd, on how the realtor has changed strategies to meet homebuyers’ expectations post the pandemic and the challenges […]
Noida And Greater Noida Have Witnessed The Offering Of 5000 Housing Units Since Lockdown
The Uttar Pradesh chapter of realtors’ body NAREDCO on Monday said its member developers have offered delivery of nearly 5,000 housing units in Noida and Greater Noida since the imposition of COVID-19 lockdown. These units are from five major real estate groups — Supertech, Migsun, Panchsheel, Sikka and Trident. Details […]
Gurgaon Developers Emphasise On Plots As COVID-19 Altered Consumer Choices
Gurgaon’s leading real estate developers with large land banks are focusing on launching gated colonies of residential plots instead of high-rises in a bid to cater to the shift in consumer preference in the wake of the coronavirus pandemic. DLF, Raheja, Alpha Corp and Signature Global are among the builders […]