Real Estate

Published on Jul 24, 2024 12:44 PM IST

MahaRERA has said that until now four batches have appeared for the examination and 9,295 real estate agents have cleared the test

Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced that a total of 5,260 real estate agents will appear for the fifth batch of competency examination. (Picture for representational purpose)(Unsplash)

Zomato delivery agent's ₹500 room in Mumbai slum goes viral

A Zomato delivery agent’s tour of his humble accommodation in a Mumbai slum has touched millions of viewers

A Zomato delivery driver's tour of his room has gone viral.(Instagram/@qb__.07)

Trending

Updated on Jul 24, 2024 11:58 AM IST

ByHT Trending Desk

Incuspaze bags $8 million from India Inflection Opportunity Fund, others

Flexible workspace provider Incuspaze has raised $8 million from India Inflection Opportunity Fund and other financial institutions in its maiden funding round

Coworking firm Incuspaze raises $8 million from India Inflection Opportunity Fund and other financial institutions(Incuspaze)

Published on Jul 24, 2024 11:17 AM IST

Homebuyers’ walk-ins slow down during monsoon in Mumbai

Real estate transactions in Mumbai are comparatively less and walk-ins considerably reduced during the monsoon, say experts

Published on Jul 24, 2024 11:08 AM IST

ByMehul R Thakkar

Govt brings parity between listed equity & units of REITs

Budget 2024: The government has reduced the holding period for determining long-term capital gains for business trusts from 36 months to 12 months.

The government on July 23 brought units of listed business trusts -- REITs and InvITs -- at par with listed equity shares (Representational photo)(Unsplash)

Published on Jul 23, 2024 10:53 PM IST

PTI |

Budget 2024: ₹15,000 crore financial package for development of Amaravati

The Centre's assistance is likely to boost the real estate sector in Andhra Pradesh, said experts

Presenting the Union Budget 2024-25, FM Nirmala Sitharaman announced a <span class='webrupee'>₹</span>15,000 crore financial package for development of Andhra Pradesh's new capital city Amaravati (PTI)

Published on Jul 23, 2024 10:52 PM IST

ByShakshi Jain

Budget FY25: Fillip for rental housing, moderation in stamp duty rates

Presenting the Union Budget for FY25, FM Nirmala Sitharaman listed 9 priority areas of the Modi 3.0 government, including urban development and infrastructure

Presenting the Union Budget for FY 2024-25, FM Nirmala Sitharaman said that the government will facilitate rental housing for industrial workers and encourage states to moderate stamp duty rates (Representational photo)(Pexels)

Published on Jul 23, 2024 09:53 PM IST

ByShakshi Jain

Budget 2024 plugs rental income loophole, landlords may now have to pay more

The new rule in Budget 2024 may increase the tax liability of property owners. Sale of property of ₹50 lakh involving multiple sellers, buyers to attract TDS

Budget 2024 plugs rental income loophole, property owners cannot declare house rental income as business income (Representational photo)(Pixabay)

Published on Jul 23, 2024 08:33 PM IST

Removal of indexation benefit may lead to higher tax on real estate sales

Budget 2024 has proposed to do away with the indexation benefit for sale of property which allowed owners to adjust their gains for inflation.

Budget 2024 has proposed to do away with the indexation benefit for sale of property (Representational photo)(Pexels)

Published on Jul 23, 2024 06:08 PM IST

Budget 2024: Focus on digitisation of land records, urban dev gets a leg up

Realty experts said steps to introduce tech reforms within the regulatory framework for land, such as digitization of land records, will improve transparency

Urban development is one of the nine priorities outlined by the Finance Minister Nirmala Sitharaman in her speech on July 23. (Representative photo)(Pixabay)

Published on Jul 23, 2024 02:14 PM IST

Budget 2024: 5 Things the real estate sector looks forward to from the FM

The realty sector hopes that the government will push for affordable housing in Budget 2024. Seeks for sops for homebuyers and incentives for builders

Published on Jul 23, 2024 10:13 AM IST

Mumbai real estate agent drives auto rickshaw as hobby, shares these life hacks

A video shows a Mumbai real estate agent, fondly known as Anna, sharing how driving an auto rickshaw is his hobby.

The image shows a Mumbai real estate agent who drives an auto rickshaw as his hobby. He says he owns two flats in the city. (Instagram/@rjalokita)

Trending

Updated on Jul 23, 2024 09:58 AM IST

ByTrisha Sengupta

One in four cases settled after admission under IBC from the real estate sector

The Economic Survey said that more than one-fifth of the companies undergoing the resolution process under the IBC are from the real estate space.

Published on Jul 22, 2024 09:07 PM IST

Economic Survey 23-2024: Nearly 1.25 lakh complaints resolved by RERA

As of July 1, 2024, nearly 1.25 lakh cases were resolved and 1.3 lakh real estate projects registered under RERA, according to Economic Survey 2023-24

Published on Jul 22, 2024 03:52 PM IST

ByShakshi Jain

Economic Survey calls for adaptive strategy, policies for cost-effective housing

The survey noted Affordable Rental Housing Complexes (a sub-scheme of Pradhan Mantri Awas Yojana-Urban or PMAY-U) was being taken up for the first time

More than half of India’s population was projected to reside in urban areas by 2050 compared to 31% in 2011. (HT PHOTO/Representative)

India News

Published on Jul 22, 2024 03:18 PM IST

BySoumya Chatterjee

Economic Survey: Housing sector on a growth trajectory

Economic Survey notes that the housing sector is on a growth trajectory and that demand is expected to be driven by affordability and increased access to credit

Published on Jul 22, 2024 02:35 PM IST

Mumbai real estate: Here's why rental registrations are up by 13% in H1 2024

Mumbai real estate update: In 2022, 3.06 lakh rental agreements were registered in Mumbai and in 2023, as many as 3.33 lakh lease documents were signed.

Published on Jul 22, 2024 10:06 AM IST

ByMehul R Thakkar

NCLT begins insolvency resolution process against Supertech

The NCLT’s order came in response to a plea filed by the bank that wants to recover ₹216 crore loan dues from Supertech

The tribunal (NCLT) said that since the developer’s account was termed as non-performing assets in 2018 itself, the promoter cannot be considered that he will complete and deliver the project, thereby starting the CIRP. (Sunil Ghosh/HT Photo)

Noida

Updated on Jul 22, 2024 05:46 AM IST

ByVinod Rajput

L&T’s realty arm sells commercial space for ₹100 crore in Navi Mumbai

The property sold by L&T Seawoods Limited includes 12 commercial units and comes with 58 car parking spaces. The transaction was registered on July 4

Larsen & Toubro’s realty arm L&T Seawoods Limited has sold 59,457 sq ft of commercial space for <span class='webrupee'>₹</span>100 crore to Suryoday Small Finance Bank. (Picture for representational purposes only)(Pixabay)

Published on Jul 20, 2024 05:08 PM IST

ByMehul R Thakkar

Budget 2024: Credai’s wish list for the FM includes tax sops for homebuyers

Credai said its recommendations for Budget 2024 are aimed at sustaining housing demand through a slew of measures

Budget 2024: Credai in its wish list for the FM has said that the government should consider offering incentives to builders to construct affordable housing projects as well as streamline the approval process. (Representational photo)(Unsplash)

Published on Jul 20, 2024 04:16 PM IST

Gurgaon land release case: ED attaches properties of realty company M3M India

An ED statement said that these properties are in the form of land parcels located in Basharia village of Harsaru tehsil in Gurugram

Enforcement Directorate (ED) attaches immovable properties valued at <span class='webrupee'>₹</span>300 crore belonging to M3M India Infrastructures Private Ltd under the provisions of the Prevention of Money Laundering Act (PMLA). (ANI)

Chandigarh

Updated on Jul 20, 2024 06:34 AM IST

ByHT Correspondent, Chandigarh

Bengaluru bucks national trend of rising demand for luxury homes: Report

Bengaluru was the only major Indian city to register degrowth in sales of luxury homes (priced ₹4 crore and above) during H1 2024, a report by CBRE has said

Bengaluru bucks national trend of rising demand for luxury homes priced <span class='webrupee'>₹</span>4 crore and above (Representational photo)(Pexels)

Published on Jul 19, 2024 06:35 PM IST

Pune property registrations up by 60% YoY, cross 14,230 in June 2024

The stamp duty collections in June 2024 also recorded a spike of 90% to touch ₹528 crore from ₹278 crore in June 2023, according to the data.

Published on Jul 19, 2024 06:24 PM IST

JSW Group buys office spaces spanning 52,000 sq ft for ₹88 crore in Mumbai

JSW Group has purchased office spaces worth ₹88.12 crore in Navi Mumbai's Seawoods Grand Central, developed by L&T Realty

JSW Group buys office space spanning 52,000 sq ft for <span class='webrupee'>₹</span>88 crore in Mumbai (Representational photo)(Unsplash)

Published on Jul 19, 2024 05:35 PM IST

ByShakshi Jain

Maharashtra government slashes penalty on under payment of stamp duty

Finance Minister Ajit Pawar had proposed the scheme while presenting Maharashtra's Interim Budget 2024-25. The move is expected to help the govt recover dues

The Maharashtra government has reduced the penalty for under payment of stamp duty by half - from two percent to one percent- with the aim of earning a revenue of <span class='webrupee'>₹</span>200 crore.(HT Files)

Published on Jul 19, 2024 12:12 PM IST

ByMehul R Thakkar

COWRKS leases four centres spanning 1.4 lakh sq ft in Mumbai and Bengaluru

COWRKS, a Brookfield Properties company, has leased four new centres located at Equinox in Mumbai and Ecoworld and Centennial in Bengaluru

Published on Jul 19, 2024 09:42 AM IST

London-listed Dar Global to launch Trump tower Dubai in 2025

The Dubai development, which will include a Trump Hotel and branded residential units, will not be owned or sold by The Trump Organization

Published on Jul 18, 2024 09:06 PM IST

Reuters |

Here’s a look at Priyanka Chopra’s real estate portfolio in India and the US

Actor Priyanka Chopra Jonas is known to be a keen investor in the real estate space both in India and the US

Published on Jul 18, 2024 05:27 PM IST

Is Karnataka’s jobs quota Bill bad news for the state’s real estate sector?

Karnataka government’s proposed Bill on job reservation for locals in the private sector could pose a major blow to the state’s real estate market, say experts

Published on Jul 18, 2024 04:16 PM IST

ByShakshi Jain

Budget 2024: Naredco proposes higher home loan deduction limit, SWAMIH 2.0

NAREDCO has suggested that the FM consider increasing tax exemption on interest on self-occupied property loans to ₹5 lakh from the current limit of ₹2 lakh

NAREDCO has suggested that the finance minister consider increasing the tax exemption on interest on self-occupied property loans to <span class='webrupee'>₹</span>5 lakh from the current limit of <span class='webrupee'>₹</span>2 lakh .(Bachchan Kumar/HT PHOTO)

Updated on Jul 18, 2024 02:31 PM IST