Tag Archives: builders

RBI May Reduce Rates, Hope Builders

While the nation reels under the impact of non-availability of exchange posed by demonetisation, especially in terms of exchanging the old Rs. 500 and Rs. 1000 notes for new ones, home seekers might just end up with positive gains from the scenario, hope builders, despite being wary of removal of black money. “It looks like being ‘advantage home buyer’ on ...

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How Real Estate Bill Impacts Builders, Agents?

The much awaited the Real Estate (Regulation and Development) Bill, 2015 has been passed by the Rajya Sabha on March 10, 2016. The key points of the proposed bill which is going to benefit property buyers but impact consderably promoters, developers and real estate agents, are as follows: Ø      The Bill requires setting up a new regulator for the real ...

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Unsold Houses Highest in Delhi, Mumbai, Bangalore: Report

The reality check on real-estate inventory shows that many flats built in metros remain unsold for longer duration, hitting the bottom line that the middle class is unable to buy them and the rich refuse to put in their money, while the government refuses to reduce tax on them. The alarming rise in the number of unsold flats in six ...

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