Page 4 - Real Estate
 "One Sotheby's Top Broker, Presdon Luczek, The Metaverse and Luxury Real Estate")
No transferring, clubbing of criminal cases against Amrapali directors: SC
Why should we queer the pitch and make life difficult for the judge by clubbing the cases and sending them to one court, the bench said and dismissed the plea
 "No transferring, clubbing of criminal cases against Amrapali directors: SC")
New real estate projects poised to get pricier by 5-10%, in phases
Just when India's economy was picking up pace, the Russia-Ukraine war is putting the brakes on growth recovery
 "New real estate projects poised to get pricier by 5-10%, in phases")
Affordable segment's share in housing sales falls to 43% in 2021: Report
The contribution of affordable housing, priced up to Rs 45 lakh, in total housing sales during 2021 declined to 43 per cent from 48 per cent in the previous year
 "Affordable segment's share in housing sales falls to 43% in 2021: Report")
Oberoi Realty surges to top with highest sales in 2021, shows data
The rankings are based on data in a UBS report on Indian Real Estate which has been sourced from PropEquity.
 "Oberoi Realty surges to top with highest sales in 2021, shows data")
Getting homebuyers off the fence: Do not time the market, say experts
Instead enter with a long-term horizon; go for quality projects
 "Getting homebuyers off the fence: Do not time the market, say experts")
Massive demand, supply, price upcycle await Mumbai's real estate: Report
The Mumbai property market that accounts for 10 per cent of national volumes, 23 per cent of sales and a third of the margins, hit a decadal high of new or primary sales in 2021 selling 38,000 units
 "Massive demand, supply, price upcycle await Mumbai's real estate: Report")
Govt widens meaning of real estate business under FDI policy
It added that earning of rent/income on lease of a property, not amounting to transfer, will not amount to real estate business
Builder is liable for carpet area shortfall
The builder had also benefited from the FSI that had become available. The National Commission concluded it would be unfair to burden the Kales with extra premium
Amendment in housing regulations gets DDA nod to attract more buyers
The decision was taken during a meeting via video-conferencing, held under the chairmanship of Lt Governor Anil Baijal, who is also the chairman of Delhi Development Authority (DDA).
 "Amendment in housing regulations gets DDA nod to attract more buyers")
DDA says over 22K applicants registered for Special Housing Scheme 2021
The scheme was launched on December 23 last year.
West Bengal budget proposes sops for real estate, tea for job creation
2% stamp duty rebate, 10% on circle rate for another six months; no Rural Employment Cess for tea during FY23, small tea gardens spared Agricultural Income Tax
 "West Bengal budget proposes sops for real estate, tea for job creation")
D B Realty's partnership firm gets MCGM's nod to construct 4,000 tenements
D B Realty on Friday said its partnership firm DBS Realty has received a letter of acceptance from Municipal Corporation of Greater Mumbai (MCGM) to construct 4,000 tenements.
 "D B Realty's partnership firm gets MCGM's nod to construct 4,000 tenements")
Birla Estates posts Rs 1K-crore sales bookings in Mumbai project
Till date, the company sold 150 units in the first phase of the project, which was launched late last year.
Rethinking the 100 new cities plan
It is true that in the last seven-eight years, there has been a build-up of unsold inventory of apartments in several cities
 "Rethinking the 100 new cities plan")
Nearly 70% women want to buy real estate; prefer ready homes: Survey
Nearly 70 per cent of women prefer to invest in real estate, mainly in residential properties, according to a survey of 9,000 women by unicorn startup NoBroker.
 "Nearly 70% women want to buy real estate; prefer ready homes: Survey")
All Amrapali housing projects are safe, NBCC tells Supreme Court
NBCC informed the Supreme Court that there is no problem with the structural safety of Amrapali projects and it has appointed VNIT Nagpur and NIT Jalandhar to carry out the structural audit.
 "All Amrapali housing projects are safe, NBCC tells Supreme Court")
New lease of life for commercial realty after third wave-induced blip
An important factor in this rise in demand for office spaces is the waning of the work-from-home (WFH) narrative
 "New lease of life for commercial realty after third wave-induced blip")
Jaypee Infra insolvency: NCLT to hear Suraksha resolution plan on Mar 7, 9
The National Company Law Tribunal (NCLT) will hear on March 7 and March 9 matters related to approval of the Suraksha group's bid to acquire debt-ridden realty firm Jaypee Infratech Ltd
 "Jaypee Infra insolvency: NCLT to hear Suraksha resolution plan on Mar 7, 9")
Foreign capital in realty jumped 3-fold to $23.9 bn during 2017-21: Report
Total investments in Indian real estate stood at USD 49.4 billion during the 2012-2021 period, of which 64 per cent came from foreign investors
