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Industry News


Industry News

  • Ashiana Housing to invest Rs 92 crore to build senior living housing project in Bhiwadi


    Realty firm Ashiana Housing on Monday said it will invest Rs 92 crore to develop the first phase of its senior living new project at Bhiwadi in Rajasthan. The company has launched a new project 'Ashiana Advik', which is meant for senior citizens, in Sector 39, Bhiwadi.

  • NRIs: Plan on purchasing or selling real estate in India? Save on these taxes

    NRIs can buy all sorts of properties in India except an agricultural land, farm house or a plantation property. However, to either of those exempted property types in India, they have to get approval from the Reserve Bank of India (RBI) and the government.


  • Mumbai tops real estate sales and new launches in September quarter

    Real estate sales across India’s top seven markets have recorded a quarterly growth of 4% during September quarter, boosted by an improvement in homeownership sentiment post pandemic, according to real estate services firm Anarock. On a year-on-year basis, this growth surged 41%.


  • Realtors attract buyers with goodies, as loans get expensive

    Amid rising home loan interest rates, housing developers are offering a multitude of gifts, from gold coins, diamonds, iPhones to flexible payment terms to attract homebuyers. Companies are trying to woo their prospective homebuyers with various sops, as many people consider buying a home auspicious during the period of festivity. 


  • Fewer Covid curbs push up rents in high street areas

    Covid restrictions at shopping malls have pushed rentals at high street locations in top eight cities by 8-22% when malls saw rents increase by just 2-3% since last year.


  • Maha CM bats for slum-free city with affordable housing

    On the last day of Homethon Property Expo 2022 organised by Naredco Maharashtra at Jio World Convention Centre, BKC, Chief Minister of Maharashtra Eknath Shinde stated that construction as an important sector, should be able to provide housing for all. It is everyone’s dream to own a home of good quality and at affordable rates.

  • Reviewing India’s Non-Ownership Housing Scheme

    The recent COVID-19 pandemic-induced lockdown resulted in a mass reverse migration of urban migrants. The heart-wrenching plight of the urban migrants highlighted the deep-rooted problem of access to safe and affordable housing spaces in urban areas.


  • Festive fervor to boost India’s residential real estate

    In India, October marks the start of the festive season. Indians look forward to the season of festivities with many expectations, hopes, and happiness. Festivals such as Navratri, Dussehra, Dhanteras and Diwali are traditionally considered auspicious times to make significant and worthwhile lifetime investments, such as buying a house. Another strong reason is that buying a dream home is an important milestone that entails excellent emotional involvement.

  • 'Swachh', Smart, Sustainable: Scoring A+ for 6th Time, Here's the Success Story of India's Topper⁠ — Indore

    Indore bagged the title of India’s cleanest city for the sixth time in a row as the results of the Central government’s annual cleanliness survey ‘Swachh Survekshan Awards 2022’ were announced on Saturday.


  • Rising rates set to defer homebuying and opt for rental accommodation

    The Reserve Bank of India’s (RBI’s) fourth successive hike of the repo rate last week by 50 basis points (bps) is expected to push certain prospective homebuyers to defer immediate plans to purchase property and opt for rental accommodation over the next few quarters.