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01ST JANUARY 2020 NEWS |
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Publication: HINDUSTA TIMES Date : 01 JANUARY 2020
ECONOMIC PUSH Move will help achieve target of a $5 trillion economy, says Sitharaman |
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Publication: LIVE MINT Date : 01 JANUARY 2020
Most investments to be made in initial part of 5-year period: Sitharaman
Encouraging more private investment in infrastructure can create additional fiscal space for the government |
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Publication: TIMES OF INDIA Date : 01 JANUARY 2020
New Delhi:
Finance minister Nirmala Sitharaman on Tuesday unveiled a Rs 102 lakh crore infrastructure investment plan for the next five years, with less than a fifth consisting of new projects to begin with. |
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Publication: HINDUSTA TIMES Date : 01 JANUARY 2020
Mumbai : City Industrial Development Corporation Ltd.’s (Cidco) development plan (DP) for Dronagiri in Navi Mumbai marks the area’s last remaining wetlands for development, alleged environmentalists who have accessed the plan. |
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Publication: HINDU Date : 01 JANUARY 2020
Several high-rise projects got green nod after panels were formed in July. The city is set to see the launch of several high-rise towers, both residential and commercial, in the coming year. |
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Publication: ECONOMIC TIMES Date : 01 JANUARY 2020
India's property industry continued its choppy ride through 2019 with commercial assets finding more takers even as affordable homes, underpinned by federal sops and lower interest rates, bucked the tepid demand trend in the residential real-estate market. |
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Publication: FINANCIAL EXPRESS Date : 01 JANUARY 2020
Recent announcements by the FM involving financial stimulus for the revival of the real estate sector are nothing but a reaffirmation of the importance of the sector. Estimates by the NITI Aayog show that the sector has a size of more than Rs 8 trillion and accounts for 7% of GDP. I |
02ND JANUARY 2020 NEWS |
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Publication: TIMES OF INDIA Date : 02 JANUARY 2020
Mumbai:
The BMC has initiated the process to auction 228 properties for defaulting on payment of property tax. One of the properties is BJP MLA Sunil Rane’s Atharva Education Trust in Malad. The trust had not cleared its dues for the past few years owing to a dispute with the municipal corporation on the basis for calculating tax. |
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Publication: MINT Date : 02 JANUARY 2020
2018 was the best year in terms of NPA provisions. 2020 will be best year in terms of recoveries, said the SBI chairman |
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Publication: MONEY CONTROL Date : 02 JANUARY 2020
With ready A-grade rent-yielding commercial assets becoming scarce and the residential market no longer offering the kind of returns it did a few years ago, investors are now turning to sunshine options such as warehousing, co-working spaces and co-living. |
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Publication: MINT Date : 02 JANUARY 2020
Home sales slipped in the latter half of 2019 as consumers held back on discretionary spends amid the overall slowdown in the economy. Sales in the second half of this year declined by 22% over the first six months |
03RD JANUARY 2020 NEWS |
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Publication:FINANCIAL EXPRESS Date : 03 JANUARY 2020
For quite a while there has been a lot of chatter about the way forward for the Real Estate sector, which has been facing trying times in the recent past. |
04TH JANUARY 2020 NEWS |
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Publication: ET REALTY Date : 04 JANUARY 2020
NEW DELHI: The National Consumer Dispute Redressal Commission (NCDRC) has directed Gold Souk Infrastructure to refund the buyer's money with 8% per annum interest from the date of filing of the complaint till the date of realisation within four weeks. |
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Publication: ECONOMIC TIMES Date : 04 JANUARY 2020
MUMBAI: The Ashok Piramal Group’s real estate development company Peninsula Land is looking to repay its entire debt over the next 27-30 months led by the completion of its 6 ongoing residential projects in Mumbai, Bangalore and Pune, said a top company official. |
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05TH JANUARY 2020 NEWS |
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Publication: FINANCIAL EXPRESS Date : 05 JANUARY 2020
“Of the total real estate loan of $93 billion (around Rs 6.63 lakh crore), NCR, MMR and Bangalore together account for a whopping 80% share ($74 billion, or Rs 5.20 lakh crore),” Anarock said in a report. |
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Publication: FINANCIAL EXPRESS Date : 05 JANUARY 2020
Abraham said the traditional centres of real estate including Mumbai, Bangalore and NCR domain will generate maximum employment in the real estate sector. |
06TH JANUARY 2020 NEWS |
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Publication: TIMES OF INDIA Date : 06 JANUARY 2020
Mumbai:
The Bombay high court has directed the Maharashtra government to give information on the data used to decide land rates for its ready reckoners, a yearly index of market prices of properties. |
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Publication: ET REALTY Date : 06 JANUARY 2020
NEW DELHI: With Finance Minister Nirmala Sitharaman set to present the Union Budget 2020-21 in Febuary, real estate chambers have sought dilution in the definition of the affordable housing, so that more properties could come under its ambit and avail the benefits. |
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Publication: THE ECONOMIC TIMES Date : 06 JANUARY 2020
In this week's realty hot spot series we turn the spotlight on Noida Extention in Delhi-NCR. This is a developing locality with affordable property options and good connectivity with Delhi-NCR. It is also situated close to important employment hubs of NSEZ, Noida Phase 2, Ecotech II and Ecotech III. |
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Publication: THE ECONOMIC TIMES Date : 06 JANUARY 2020
MUMBAI: Debt investors of Reliance Home Finance (RHFL), a unit of Reliance Capital, are planning legal action that may include a request for initiating recovery proceedings in the National Company Law Tribunal against the stressed financier, which defaulted on bond repayments due earlier this month. |
07TH JANUARY 2020 NEWS |
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Publication: HINDUSTAN TIMES Date : 07 JANUARY 2020
The Brihanmumbai Municipal Corporation (BMC) has planned to ease out the property tax structure for land under construction (LUC) in its upcoming revision of property taxes. |
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Publication: HINDUSTAN TIMES Date : 07 JANUARY 2020
Mumbai:
The BMC on Monday modified the penalty for motorists parking within a radius of 500 metres from public parking lots.
Since July 7, the BMC began imposing heavy fines for parking within 500 metres of a public parking lot. |
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Publication:MINT Date : 07 JANUARY 2020
Out of $600 mn, the investment platform plans to deploy around $150 mn within the next two years
Investments into the Indian industrial and warehousing segment is likely to touch $7 billion by 2021. |
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Publication:THE INDIAN EXPRESS Date : 07 JANUARY 2020
The Finance Ministry is likely to provide income tax relief to the middle class in the upcoming Union Budget 2020-21, according to two senior government officials. |
08TH JANUARY 2020 NEWS |
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Publication: THE INDIAN EXPRESS Date : 08 JANUARY 2020
MUMBAI: The Ashok Piramal Group’s real estate development company Peninsula Land is looking to repay its entire debt over the next 27-30 months led by the completion of its 6 ongoing residential projects in Mumbai, Bangalore and Pune, said a top company official. |
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Publication: MINT Date : 08 JANUARY 2020
Shriram Properties had received approval from capital Sebi to float an IPO in April 2018
Shriram Properties has ₹590 crore of debt, and will mainly use the proceeds of the share sale to pare its leverage level |
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Publication: HINDUSTA TIMES Date : 08 JANUARY 2020
The effects of the slowdown continued to reflect in the real estate market in 2019, when property sale dipped across the Mumbai Metropolitan Region (MMR). |
09TH JANUARY 2020 NEWS |
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Publication: BUSINESS LINE Date : 09 JANUARY 2020
State Bank of India (SBI) has launched Residential Builder Finance with Buyer Guarantee (RBBG) to safeguard home buyers financially by issuing guarantee for completion of projects to customers availing SBI Home Loans. |
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Publication: TIMES OF INDIA Date : 09 JANUARY 2020
New Delhi:
SBICAP Ventures, which has been entrusted with the task of managing the proposed Rs 25,000-crore real estate stressed asset fund, cleared the first batch of four applications, lending Rs 25 crore each to the realtors. |
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Publication: TIMES OF INDIA Date : 09 JANUARY 2020
Mumbai:
SBI has launched a loan product that will protect home buyers financially against non-completion of projects that it has funded. The bank has introduced Residential Builder Finance with Buyer Guarantee (RBBG), which guarantees completion of projects funded by the bank to customers availing SBI Home Loans. |
10TH JANUARY 2020 NEWS |
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Publication: THE INDIAN EXPRESS Date : 10 JANUARY 2020
Besides promoting simplified and uniform building development norms across all municipalities and metropolitan areas, the move, being planned under the government’s Ease of Doing Business (EODB) reforms, will also see an increase in the permissible buildable area indices in a majority of regions, said sources. |
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Publication: TIMES OF INDIA Date : 10 JANUARY 2020
MUMBAI: Redevelopment of housing societies, once a money-spinning deal for most Mumbai builders, has virtually ground to a halt. Besides a stagnant property market, developers say such projects which earlier earned them huge profit margins, are no longer profitable because of high premiums and development charges levied by the BMC. |
11TH JANUARY 2020 NEWS |
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Publication: HINDUSTAN TIMES Date : 11 JANUARY 2020
All 14 Metro lines, once operational by 2026, will boost the average speed of vehicles to 30kmph, from the current 17kmph, according to a study conducted by the Mumbai Metropolitan Region Development Authority (MMRDA). |
12TH JANUARY 2020 NEWS |
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Publication: TIMES OF INDIA Date : 12 JANUARY 2020
Mumbai:
Marine Drive, or Queen’s Necklace, is set to change with BMC starting Mumbai coastal road work along it, almost a month after Supreme Court vacated a stay. A portion of the promenade close to Girgaum Chowpatty is now partially out of bounds to walkers and joggers, who use the 4.5km stretch daily, as part of their exercise routine. |
13TH JANUARY 2020 NEWS |
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Publication: BUSINESS TIMES Date : 13 JANUARY 2020
[MUMBAI] India's beleaguered developers see a glimmer of hope after the nation's biggest bank announced a programme that could unclog choked funding lines to the property market. |
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Publication: THE PRINT Date : 13 JANUARY 2020
New Delhi:
SBICAP Ventures, which has been entrusted with the task of managing the proposed Rs 25,000-crore real estate stressed asset fund, cleared the first batch of four applications, lending Rs 25 crore each to the realtors. |
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Publication: THE ECONOMIC TIMES Date : 13 JANUARY 2020
In the largest of these three transactions, realty developer M3M has repaid Rs 225 crore to the lender after raising funds from the State Bank of India for its residential development project M3M Golf Estate in Gurgaon. The project is spread over 56 acres and includes an executive golf course. |
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Publication: MINT Date : 13 JANUARY 2020
Logistics sector is the preferred rental class for investors, after commercial office and shopping malls.
Blackstone is also in talks with Allcargo Logistics for a venture to set up warehouses |
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Publication: THE TIMES OF INDIA Date : 13 JANUARY 2020
Gundlapochampally: A tiny village with poor road connectivity till 2017, Gundlapochampally has turned into a sought-after residential and commercial destination. A massive growth followed Telangana government’s declaration of Gundlapochampally village as a municipality in 2018. |
14TH JANUARY 2020 NEWS |
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Publication: THE INDIAN EXPRESS Date : 14 JANUARY 2020
Participating in a panel discussion at a book launch, TVS Group chairman Venu Srinivasan sought more focus on job creation in Budget. |
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Publication: TIMES OF INDIA Date : 14 JANUARY 2020
MUMBAI: Private developers whose properties are close to metro routes can opt for direct connectivity to the closest metro station to enable easy access for those residing/working on these properties. |
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Publication: MINT Date : 14 JANUARY 2020
Listed developers have defaulted in the past, so do your due diligence before buying. Just because a company is listed does not mean it will deliver a project on time or not indulge in any irregularity |
15TH JANUARY 2020 NEWS |
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Publication: MUMBAI MIRROR Date : 15 JANUARY 2020
Under the proposed scheme, builders who don’t have money to pay premiums and development charges can lien flats and move ahead with project construction |
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Publication: TIMES OF INDIA Date : 15 JANUARY 2020
Pune: Land use changes in the past two years, boundary modifications from rural to urban areas, sale transactions in all zones and alterations in the development control rules will be reflected in this year’s “rationalized” Ready Reckoner (RR) rates expected to be announced on April 1. |
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Publication: ECONOMIC TIMES Date : 15 JANUARY 2020
Mumbai: Sustained robust demand for office spaces has pushed leasing activity across the country in 2019 to a new record high. The demand is expected to remain strong in 2020 with occupiers' preference for pre-leasing commercial real estate to future-proof their portfolios and hedge against rental escalations. |
16TH JANUARY 2020 NEWS |
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Publication: THE INDIAN EXPRESS Date : 16 JANUARY 2020
Affordable housing segment, defined as loan size up to Rs 25 lakh million, saw the lowest growth of 4.1 per cent in Q3 2019. |
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Publication: HINDUSTAN TIMES Date : 16 JANUARY 2020
With only 2.06 lakh families getting new apartments in 23 years, the much-touted rehabilitation scheme to free Mumbai of slums seems to be heading nowhere. The figures were revealed last week during chief minister Uddhav Thackeray’s review of the housing sector in the state. |
17TH JANUARY 2020 NEWS |
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Publication: MID-DAY Date : 17 JANUARY 2020
In a first, the state housing regulator, MahaRERA, has co-opted two developer bodies — the NAREDCO and MCHI-CREDAI — and made them Self-Regulatory Organisations (SRO). This was done to improve awareness and compliance of rules and to facilitate the completion of stalled projects. |
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Publication: HINDUSTAN TIMES Date : 17 JANUARY 2020
REHABILITATION SCHEME From slowdown to developers’ greed and red-tapism, industry, analysts list reasons for failure |
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Publication: BUSINESS LINE Date : 17 JANUARY 2020
The overall objective of India’s economic policy has been accelerated inclusive growth with macroeconomic stability. The upcoming Budget is likely to give a push towards achieving this objective. |
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Publication: MINT Date : 17 JANUARY 2020
NEW DELHI : Amid expectations of an income tax rate cut and other stimulus to boost demand as India's economy slows down, Finance Minister Nirmala Sitharaman will present her second Union Budget on February 1. |
18TH JANUARY 2020 NEWS |
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Publication: FINANCIAL EXPRESS Date : 18 JANUARY 2020
Budget 2020-21: The expectations are vivid about lowering of the tax liability for the taxpayers thus leaving more money in the hands of the individuals. |
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Publication: MUMBAI MIRROR Date : 18 JANUARY 2020
Downturn hits home: 8.1 lakh properties registered across Maharashtra in 2019, down from 9.45 lakh in 2018.
Measures proposed to counter the decline include imposing a 30% stamp duty on TDR certificates, which the revenue department says would bring in an additional Rs 250 crore |
19TH JANUARY 2020 NEWS |
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Publication: MUMBAI MIRROR Date : 19 JANUARY 2020
In yet another benefit for builders of Slum Rehabilitation Authority (SRA) projects, the authority has waived off the mandatory structural audit for buildings done by the SRA for |
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Publication: TIMES OF INDIA Date : 19 JANUARY 2020
PUNE: The land titling bill is likely to be cleared in the upcoming budget session, senior revenue officials in the state government stated. |
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Publication: DECCAN HERALD Date : 19 JANUARY 2020
Real estate in India is probably going through the most trying times right now. For the longest time ever, the sector has enjoyed patronage from wealthy investors and equity firms. However, the last few years have been a bit rough for the residential |
20TH JANUARY 2020 NEWS |
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Publication: BUSINESS LINE Date : 19 JANUARY 2020
The Centre will have to do some more heavy-lifting to support the real estate sector and boost demand for ancillary segments such as electricals, according to Gautam Seth, Joint Managing Director of HPL Electric & Power Ltd. |
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Publication: FINANCIAL EXPRESS Date : 20 JANUARY 2020
Budget 2020 India: The ministry and PMO officials are going through broad economic figures of budget documents in detail so that they are not embarrassed because of 'clerical' errors. |
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Publication: MINT Date : 20 JANUARY 2020
Finance Minister Nirmala Sitharaman will be present at the halwa ceremony which will be held at North Block
Union Budget will be presented on February 1 at 11 am |
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Publication: TIMES OF INDIA Date : 20 JANUARY 2020
Chennai: Union finance minister Nirmala Sitharaman on Sunday said she had sought an assessment of the full year collection of goods and services tax (GST) before rationalising rates, indicating that a proposal by a panel of officers to increase levies may wait until April. |
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Publication: ET REALTY Date : 20 JANUARY 2020
MUMBAI: Bengaluru-based realty firm Prestige Estate Projects on Sunday said that its subsidiary, Prestige Falcon Realty Ventures has acquired a 50 per cent stake in Lokhandwala DB Realty. |
21ST JANUARY 2020 NEWS |
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Publication: FINANCIAL EXPRESS Date : 21 JANUARY 2020
This year is going to be a year of consolidation and growth for the real estate sector for various reasons. |
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Publication: ECONOMIC TIMES Date : 21 JANUARY 2020
MUMBAI: Hyderabad has emerged as the only Indian city in top 20 among 150 global cities, in terms of appreciation in residential real estate prices, standing at the 14th spot with a 9% on-year rise in home prices, showed a report. |
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Publication: TIMES OF INDIA Date : 21 JANUARY 2020
Builders are cancelling agreements and surrendering rights to redevelop housing societies in prime localities because of financial unviability. |
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Publication: BUSINESS LINE Date : 21 JANUARY 2020
State Bank of India (SBI) has launched Residential Builder Finance with Buyer Guarantee (RBBG) to safeguard home buyers financially by issuing guarantee for completion of projects to customers availing SBI Home Loans. |
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Publication: FREE PRESS JOURNAL Date : 21 JANUARY 2020
Mumbai: The redevelopment of cessed buildings has been stalled due to the September 2019 government resolution (GR). According to this GR, passed by the former BJP government, the developer is required to have a total turnover of Rs 10-50 crore in three years. |
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