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CREDAI BANGALORE
CREDAI Bengaluru urges government to act on key urban development reformsCREDAI Bengaluru urges the Karnataka government to expedite long-pending urban development reforms, including streamlining TDR revalidation...- Property market: Transaction values to go up as Karnataka sets out to revise guidance valueThe stamps & registration department has collected Rs 6522 crore as of August 21 this fiscal year compared to Rs 6142 crore during the same...
- India’s office supply likely to touch 1 billion sq ft by 2030: ReportIndia's prime office space supply is expected to reach 1 billion sq ft in tier I cities, up from the current 700 million sq ft, by 2030 due...
- Pollution Control Board weighs a hike in consent fee after 24 YearsBuilders, software companies and industrial entities will have to pay more to get the mandatory CfE and CfO certificates from the Karnataka...
- Plea in Supreme Court to transfer RERA cases to one courtThe builders' main contention is that the provision of bringing all "ongoing projects" under RERA have retrospective effect
- Flat buyers' group to map delayed real estate projectsAt present, there is no national level data on how many projects are delayed and for how long.
- Irfan Razack becomes Credai Chairman; Getamber Anand PresidentRazack is the CMD of Bangalore-based realty firm Prestige group, while Anand is CMD of Noida-based ATS Infrastructure.
- Realty sector saw 18-20% job losses in 12 months: Lalit Kumar Jain, Chairman, CREDAIThe country's real estate sector saw 18-20% job losses over the last one year because of weakening sales and tight liquidity, said Lalit Ku...
- Realty slowdown: Post IT boom, 60,000 units unsold in BangaloreThis city has over 700 residential projects comprising apartments, villas, row houses and plots amounting to 1.82 lakh units under developm...
- Realty portals push many property brokers out of businessFalling home sales & rising competition from realty portals has pushed brokers out of business, while forcing many to work on thin margins.
- Realtors expect more investment from expats on rupee fall"With the rupee riding low against the dollar, Indian residents are looking to accelerate investment plans back home," ASSOCHAM's secretary...
- Realtor body against Budget proposal of 1% TDS on property dealsCREDAI has sought withdrawal of Budget proposal to levy 1% tax deducted at source on any property deal other than agriculture land.
- Bangalore property market surpasses Mumbai, Delhi and Chennai with 8 per cent growthDelhi-NCR and Mumbai witnessed a sharp drop of over 40% in property sales in 2012, mainly due to inflated property prices.
- RBI cuts CRR: Developers hail cut; hope banks to fund realty projectsRealty body CREDAI also sought cut in short-term lending and borrowing rates, repo and reverse repo, to bring down the interest rates.
- Hyderabad no more a favoured destination for big realtorsThe unlimited FSI model in Hyderabad could be touted as the best in the country with developers across metros.
- CREDAI blames BBMP of corruptionConfederation of real estate association of India (CREDAI) on Thursday blamedBruhat Bengaluru Mahanagara Palike (BBMP) of corruption and ha...
- Lack of interest in commercial space despite huge investmentsDespite huge investments by builders in residential projects across India, many areas in major cities are lying vacant due to lack of inter...
- Bangalore housing realty sees 15% price perk-upResidential property prices in Bangalore are witnessing a 15% perk-up as builders cash in on a pick-up in the economy and rising salaries o...
- Construction sector faces talent crunchWith growing scale and increased number of projects, the requisite skill-sets are in short supply.
- Realty industry wants tax sopsThe real estate industry, the second-largest employment generator in India after agriculture, is awaiting the Union Budget with a list of e...
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