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May 3, 2012

Real Estate Bill not to be tabled in the current session of Parliament

The much-awaited regulatory Bill for the real estate sector will not be tabled during the current session of Parliament, a senior official in the Ministry of Housing and Urban Poverty Alleviation has confirmed to Track2Realty. The draft Real Estate Regulation Bill is still in the consultative process and the government is apprehensive that the states may block it the NCTC way.

Policy

November 30, 2011

FDI in retail signals evolution for retail real estate services

With FDI now permitted for multi-brand retailing in India, global retail giants are now zeroing in on India.

Policy

October 9, 2011

NHB to decide on pre-payment waiver soon

The National Housing Bank (NHB), regulator in the realty finance sector, is expected to take a decision soon on whether or not there will be a complete waiver of all pre-payment charges on floating-rate home loans.

Policy

August 3, 2011

Real estate impact of FDI in multi-brand retail

The introduction of FDI in multi-brand retail will lead to increased demand, which in turn will catalyze more investment opportunities in organized retail.

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May 7, 2011

Guidelines for banks, HFIs on property valuation in a month

The National Housing Bank (NHB) and Indian Banks’ Association (IBA) are jointly preparing the norms, standards and procedures for real estate valuation.

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First home buyers, Delhi NCR real estate, Bangalore Real Estate, JLLM, Jones Lang LaSalle Meghraj, Track2Media, Track2Realty, ravi sinha, india realty news, india real estate news, real estate news india, realty news india, india property news, property news india

March 22, 2011

Realtors protest new bill

Real estate developers have expressed their reservations to the proposed Real Estate Bill 2011, which is likely to see light by this year-end.

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March 19, 2011

Dubai mulls new mortgage model to boost real estate

Dubai International Financial Centre (DIFC) and Absalon Project, a joint venture between affiliates of VP Securities and Soros Fund Management, have launched a feasibility study for a mortgage system in the UAE, based on the principles of the Danish Mortgage Model.

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March 19, 2011

PM bats for lower real estate stamp duty

Terming stamp duties as a “big obstacle” in ensuring transparent transactions in real estate, Prime Minister Manmohan Singh on Friday batted for reducing such levies to check the flow of black money in the sector.

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Kumari Selja, Minister of Housing and Urban Poverty Alleviation, Government of India, Delhi NCR real estate, Bangalore Real Estate, india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, India Property, Mumbai Real Estate, India Property

March 9, 2011

Real Estate Bill being redrafted: Selja

Minister of Housing and Urban Poverty Alleviation Kumari Selja said in the Rajya Sabha the Real Estate (Regulation of Development) Bill is still being deliberated.

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February 21, 2011

Guarantee corpus for realty lending in budget

The cash strapped realty companies can have a breather in budget for 2011-12 as the Finance Minister is expected to make announcement of a guarantee corpus for banks on realty lending. Track2Realty has learnt that the banks will get this guarantee corpus of Rs. 1000 crore to lend for housing projects.

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