Housing Ministry issues guidelines for the development & regulation of retirement homes


Keeping in view the increase in the number of senior citizens, the Ministry of Housing and Urban Affairs (MoHUA) has prepared the ‘Model Guidelines for Development and Regulations of Retirement Homes’.

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India has 4% green buildings, lack of tech expertise one of the major barriers: Survey


About four percent of buildings in India are "green" but a lack of technical expertise to execute projects and funding to pay for improvements remain the biggest barriers to investment, according to a new study.

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GST cut, RERA have made realty buyer's market but wait till Apr 1 to buy


The government has made buying homes easier by slashing the Goods and Services Tax (GST) tax on under-construction properties. Rates have been cut from 8% to 1% for affordable homes and from 12% to 5% for regular units.

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Builders reduce apartment sizes to lure first-time home buyers


Builders have been reducing the size of apartments over the past few years to make them more affordable to first-time buyers. This has become all the more important because property prices are high in major cities, and customers have been staying away from property purchases for some years now.

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Mobile app for home buyers to apply for subsidy under PMAY


People wanting to avail subsidy under PMAY (Urban) will be able to apply through their smartphones with Union minister Hardeep Singh Puri launching an app for beneficiaries of the scheme to prepare a digital database.

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Residential sales jump 5% in tier-I cities in Q3 FY19


Third-quarter residential property sales saw 5% jump in year-on-year basis across top tier I cities in the country with southern cities leading the growth. The residential sales were recorded at 69,886 units in Q3 of FY19.

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Housing sales in southern cities higher than north and west India in 2018: ANAROCK


Housing demand and supply were higher in Bengaluru, Chennai, and Hyderabad as compared to sales and new launches in the north and west regions, property consultant ANAROCK said.

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Budget 2019: Affordable housing players to gain


The Union Budget 2019-20 has given some relief to the real estate industry which has been grappling with low demand. Industry experts believe that the budget will benefit the affordable housing segment.

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How to finance your real estate investment


Investing as a beginner in real estate is no easy game, especially if you have no practical experience. With absolutely no previous involvement in the world of business, the whole thing is overpowering to begin.

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