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The real estate sector has filed 115 insolvency cases till September and $1 billion has already been transacted under stressed asset deals in 2019.

India property market set for modest lift from govt measures: report

Earlier this month the government approved a 100 billion Indian rupee fund to help clear unfinished building projects.

22 Nov 2019 11:57 AM IST

The real estate sector has filed 115 insolvency cases till September and $1 billion has already been transacted under stressed asset deals in 2019.

Realty sees 115 insolvency cases, $1 billion stressed deals

As per the Insolvency and Bankruptcy Board of India, a total 115 insolvency cases have been filed as of September 2019...

21 Nov 2019 1:39 AM IST

In the last sectoral meeting with the real estate sector representatives and homebuyers, Finance Minister Nirmala Sitharaman, on Sunday, said that she would soon address issues affecting the sector and other stakeholders.

4 real estate cos from three cities requests to avail bailout fund: FM

The government approved a Rs 25,000 crore fund to help complete over 1,600 stalled housing projects.

16 Nov 2019 11:11 AM IST

Nirmala Sitharaman said the governments efforts last time were thwarted by the poor numbers in the Upper House. (Photo: File)

India approves USD 1.4 billion for fund to help stalled housing...

The real estate sector in India has been hit by a severe liquidity crunch this year after a series of debt defaults by...

7 Nov 2019 8:21 AM IST

The piled-up auto inventory currently stands at 5 lakh passenger vehicles valued at USD 5 billion and 3million two-wheelers valued at USD 2.5 billion.

Companies turning to Agile sales & marketing models to accelerate...

Recent reports also reveal that over 12.76 lakh houses are lying unsold in top 30 Indian cities.

21 Dec 2019 2:42 PM IST

The real estate sector has filed 115 insolvency cases till September and $1 billion has already been transacted under stressed asset deals in 2019.

4 key challenges in Indian real estate segment

The sector is currently in the midst of challenging times owing to a variety of economic factors.

7 Dec 2019 12:05 PM IST

GST reforms to boost realty demand: developers

To boost demand in the real estate sector, the GST Council in its recently held meeting, slashed tax rates for...

28 Feb 2019 5:02 PM IST

A 26-year-old Indian Institute of Technology (IIT) graduate allegedly committed suicide by jumping off the 23rd floor of a residential apartment in the Golf Course road area in millennium city. (Representational Image)

Reduced tax rate for real estate to bolster consumer sentiments: ICRA

GST Council in its meeting recommended reduction in GST rate on under-construction residential properties to 1 per cent.

27 Feb 2019 10:24 AM IST

Niti CEO asks realty developers to speed up delivery of homes

The Niti Aayog CEO also favoured lowering of GST on under-construction properties.

14 Feb 2019 10:54 AM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

GoM report on real estate expected soon

A senior government official said the GoM will submit the report to GST Council which is likely to meet on February 20.

14 Feb 2019 10:43 AM IST

The real estate sector has been limping from the past one year due to major reforms in the market brought by the centre.

Hyderabad realty sees sudden jump in PE play

The growth was largely led by commercial space where Phoenix group received PE money through multiple deals.

28 March 2019 1:10 AM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

GST Council approves transition plan for new tax rates for real estate...

Council had in its last meeting on Feb 24, slashed tax rates for under-construction flats in affordable category to 1...

19 March 2019 2:13 PM IST