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UNDERCONSTRUCTION
1 in 3 women buying property for investment purposes; under-construction projects emerge as favoritesMore than 50% of women are picking up houses above Rs. 90 lakh, claims the recent ANAROCK Consumer Sentiment survey. Stocks, on the other h...- NHB seeking agency for data collection on unsold residential units across 50 citiesThe National Housing Bank (NHB) is scouting for an agency to collect data of unsold properties -- both underconstruction and ready-to-move-...
- Embassy Group in talks with ESR to sell warehouses, EIP for over Rs 900 crRealty firm Embassy Group has initiated talks with logistics fund ESR to sell its warehousing and industrial business, Embassy Industrial P...
- Essel Infraprojects in last lap of talks to sell solar assets to AdaniThe company is expected to sell around 250 MW of operational solar portfolio to renewable energy company Adani Green Energy, said two peopl...
- Metro rail to chart new road to growth for construction cosOf the 67 metro projects across 27 cities in India, almost 54 projects are in various stages of development.
- Are realtors evading GST with fake invoices?Whatever be the reason, a study of top 88 builders has shown that their GST payment is as low as 0.4% in Noida to 4.8% in Chennai, with the...
- Share market update: Cement stocks tumble; Keerthi Industries slumps nearly 5%The NSE Nifty50 index was trading 3.60 points up at 10,757.6 while the 30share BSE Sensex was up 36.64 points at 35,778.71 at around the sa...
- Real estate to see return of investor confidence: ReportAccording to the report, the luxury home market, especially branded residences as a segment, will grow with the likes of Trump Tower projec...
- 5 things that will make developers RERA-readyWith only Madhya Pradesh and Maharashtra ready for RERA on Day 1, experts at the event deliberated on a host of issues that matter to the c...
- GST impact: Buyers may home in on ready-to-move-in properties onlyBuilders & brokers expect sales to remain sluggish for some time as consumers seek clarity on tax obligation on transactions.
- Under-construction flat to cost more after GST Bill is rolled outUnder the present regime, under-construction flats are treated as work contracts in which the land, goods such as cement & services are inv...
- Power Grid can diversify only if it loses central transmission utility status: Chairman IS JhaIf central transmission utility function is separated, the company will be free to diversify into other business areas such as distribution...
- Real Estate Bill has builders on the edgeDevelopers are apprehensive that the registration of underconstruction projects could lead to delays.
- Delhi CM Arvind Kejriwal's remark on police mere political skulduggery: BJP"A man like him, who has spent crores of city's tax- payers' money on his own advertisements, and in holding events in places outside Delhi...
- Cost of houses pretty high, scope for reduction: RBI's S S MundraThe senior RBI official said developments in construction technologies should make it possible for developers to bring down home prices.
- Developers will have to pay 5% VAT, rules Supreme CourtSC has upheld the earlier verdict that asked builders to pay 5% VAT for sale of underconstruction houses between 2006 and 2010.
- Now, pay TDS on property over Rs 50 lakhThe rate at which tax is to be cut is 1%, but it would go up to as high as 20% if the seller does not disclose his PAN.
- Halcyon Finance buys superspecialty hospital rights for Rs 375 crAbhay Soi-led Halcyon Finance and Capital Advisors bought the rights through its healthcare arm, Radiant Life Care Pvt Ltd, for 30 years, i...
- Gammon in race to acquire Maytas InfraThe logic of the takeover bid is that Maytas-a virtual damsel in distress now-has lots of projects, both inside and outside the state.
- Unitech repays Rs 200-crore loan to Indiabulls FinancialUnitech has managed to raise around Rs 200 crore through partial monetisation of assets and internal debt restructuring within the group to...
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