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Indian Real Estate News : Bangalore
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Sentiment scores bounce back: FICCI- Knight Frank
Source: The Times of India May 03, 2016
"After a lull of five quarters, the overall sentiment has experienced a sharp uptick at the back of the Union Budget’s focus on real estate and infrastructure. ... more
Real Estate Act comes into force from May
Source: The Times of India May 03, 2016
The much awaited and widely acclaimed Real Estate (Regulation and Development) Act, 2016 comes into force from May 1, 2016 setting in motion the process of making necessary operational rules and creation of institutional infrastructure for protecting the interests of consumers and promoting the growth of real estate sector in an environment of trust, confidence, credible transactions and efficient and time bound execution of projects. ... more
Measuring household well-being
Source: The Financial Express Apr 29, 2016
The most important monetary measures of well-being, among others, are household income, expenditure and saving. Yet we have very little reliable data on such indicators. In view of this, ICE 360° surveys have been instrumental in building and disseminating high-quality, interconnected, reliable and up-to-date data to capture the ground realities of households, on how the country earns, spends, saves, lives, thinks, accesses public goods, and on inclusion, employment and infrastructure. We have attempted to understand dimensions of well-being using income, consumption and saving as composite indicators available from ICE 360° surveys, 2014. ... more
Real Estate: Invest in home and save tax
Source: The Financial Express Apr 29, 2016
Every Indian desires owning a home. It is triggered by not only the capital appreciation expected in the years to come and the steady rental income, but also the satisfaction that comes with owning a house. ... more
ITNL in advanced talks to sell two road assets
Source: Livemint Apr 29, 2016
IL&FS Transportation Networks Ltd (ITNL) is in advanced talks with US-based infrastructure investment manager I Squared Capital for the sale of a majority stake in two of its annuity-based road assets, two people familiar with the matter said. The two separate deals are likely to be closed over the next two quarters, they said. ... more
Kolkata real estate market: The quarter review
Source: The Times of India Apr 29, 2016
A latest survey conducted by an advocacy found out that the city of joy is among the top six Indian cities that are best-run when judged on parameters such as powers for raising resources, investment and expenditure. After dropping out of the first list to to-be Smart Cities list, development authorizes are gearing up for future. ... more
List of things one need to check upon before buying a house
Source: The Times of India Apr 27, 2016
Buying a house might be biggest investment that you make in your lifetime. Therefore, you must take all precautions required. ... more
India emerges as top FDI destination in 2015
Source: The Times of India Apr 26, 2016
India emerging as the top FDI (Foreign Direct Investment) destination as compared to China is certainly good news. It augurs well for the real estate industry that has attracted a significant proportion of the total FDI and helped India achieve the no. 1 rank. ... more
India emerges as top FDI destination in 2015
Source: The Times of India Apr 26, 2016
India emerging as the top FDI (Foreign Direct Investment) destination as compared to China is certainly good news. It augurs well for the real estate industry that has attracted a significant proportion of the total FDI and helped India achieve the no. 1 rank. ... more
Central Park associates with World Corporate Golf Challenge India
Source: The Times of India Apr 26, 2016
Central Park- an ultra-luxury realty brand with expertise in living spaces of highest standards of global quality has proudly associated with World Corporate Golf Challenge 2016 . Organised by Rishi Narain Sports Marketing, World Corporate Golf Challenge – India is successfully presenting a platform where a special gathering of golfers & HNI’s took place today. The tournament is held for 2 days in Mumbai at the BPGC- Chembur after one successful round at ITC Classic in Delhi. A host of prizes will also be given away to winners at a special awards ceremony ... more
UD urges Smart Cities to firm up bankable projects
Source: The Times of India Apr 26, 2016
Ministry of Urban Development has urged the 20 Smart Cities selected in the first round of competition to quickly firm up bankable projects for obtaining loan assistance from the Asian Development Bank (ADB), the World Bank and the BRICS Development Bank. This was conveyed by Shri Rajiv Gauba, Secretary (Urban Development) during a four hour long review meeting with the officials of 8 Smart Cities here today. Shri Gauba discussed progress regarding conversion in to specific projects of Smart City Plans of Ahmedabad, Surat, Pune, Bhubaneswar, Udaipur, Jaipur, Ludhiana and Jabalpur. ... more
Seek the help of an expert while managing finances
Source: The Times of India Apr 26, 2016
Straying away from the fixed budget or not accounting hidden expenditures could lead to money issues. Real estate experts always advise to take everything into consideration. Magicbricks talked with Dhiraj Mittal, CEO, Prime Capital Services Private Ltd, for some quick tips on managing wealth in real estate. ... more
Luxurious penthouses in demand
Source: The Times of India Apr 26, 2016
Homebuyers' preferences change and lot depends on the kind of lifestyle one goes for. ... more
RBI measures bring cheer for borrowers
Source: The Times of India Apr 09, 2016
The cut in the repo rate and the MCLR norm that has come into effect this month spell good news as they will translate to lower interest rates on home loans. Prospective home loan borrowers have much to cheer about, thanks to two steps taken by the Reserve Bank of India (RBI) in the recent past. ... more
Inflation, global factors influence rate movements
Source: The Times of India Apr 09, 2016
The monetary policy holds valuable cues on the direction of interest rates. Borrowers will do well to track the factors that have a bearing on which way the rates are going while planning a home loan in these conditions. ... more
Reasons to invest in the affordable housing segment
Source: The Times of India Apr 06, 2016
The burgeoning middle income population looks at real estate asset as a secure and necessary investment. Keeping that in mind, the government announced the Housing for All (by 2022) programme last year, which included promotion of affordable housing as one of its goals. ... more
New rules to tackle construction dust
Source: The Times of India Apr 06, 2016
The Centre notified the country's first ever "Construction and Demolition Waste Management Rules" to stipulate proper disposal and recycling of such waste, taking a decisive step towards combating the problem of dust from construction activities that pollute the environment. ... more
Why you should go for green homes
Source: The Times of India Apr 06, 2016
Most buyers shy away from building a green home as the construction cost goes up by 5-8 percent when compared to a regular home. However, once the house becomes functional, a green home can cut expenses incurred on water and energy by 50 and 30 percent, respectively. The high investment made by you will get recovered through energy saving within a five-year time frame. ... more
Why to prefer funded projects for safe investment
Source: The Times of India Apr 06, 2016
There are several ways through which you can make your investment in residential real estate safe. One such important way is to prefer funded projects over others. There are several advantages of funded projects that make your home purchase safe. ... more
Realty developers welcome rate cut
Source: The Hindu Business Line Apr 06, 2016
Real estate developers say the rate cut is encouraging and will give a fillip to the sluggish sector. Industry expects lower lending rate which will in turn will spur growth. ... more
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