India’s outbound capital into commercial realty up 92% in 12 months to Q1 2019: Report


Indian commercial real estate has attracted inbound cross-border investments worth $2.6 billion over the last 12 months to the first quarter of 2019, while outbound investment stood at $0.7 billion during this period.

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Unsold stocks of luxury flats decline 12% since last year: ANAROCK


Stable prices have made luxury housing more attractive with unsold units priced between Rs 1.5-2.5 crore falling by 12 percent in the last one year, according to property consultant ANAROCK.

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Growth in home loans higher in non-metros: JLL


The share of four metro cities - Delhi, Mumbai, Kolkata, and Chennai - in outstanding home loans dropped to 16 percent in 2017-18 from 22 percent in 2012-13 as growth in loan book was higher in small towns, according to property consultant JLL India.

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Housing market shows signs of recovery, sales up 13% in Jan-Mar on stable prices: CBRE


The housing market is showing signs of recovery with sales rising by 13 percent during January-March this year in seven major cities at more than 33,000 units, according to property consultant CBRE. Housing demand stood at over 29,000 units in the year-ago period in seven cities namely, Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad, and Pune.

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Home buyers won't lose money for cancelling delayed flats: NCDRC


The apex consumer commission has held that a home buyer cannot be forced to forfeit any amount deposited with a builder in case he seeks cancellation of allotment of flat to delay in construction and directed real estate major Supertech to refund the entire amount of over Rs 1 crore to a home buyer for delay of two years in delivering the house.

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Know the Indian city that sees the highest increase in property prices over the last 5 years


The RBI House Price Index shows that home prices have risen steadily over the years. The data shows that quarterly price movements have been quite volatile. Here are other findings.

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Real estate developers likely to get GST relief on development rights


A new service tax ruling may offer real estate developers relief on the Goods & Services Tax (GST) liability on the transfer of rights in a property for development purposes (TDR).

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Bengaluru residential market may crawl to recovery in 2020


Bengaluru’s residential property market saw a pickup in sales momentum in the first quarter of 2019 as well as a decline in unsold stocks, suggesting that a recovery may be in sight by next year.

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Finally, Kerala state to implement RERA Act


As Kerala grapples with violations related to the real estate sector and grievances of homeowners, the state government is likely to notify real estate regulatory authority (Rera) soon after the declaration of election results.

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Homebuyers can now seek a full refund if flats get delayed beyond 1 year


In a relief to lakhs of aggrieved home buyers who are forced to wait for possession of their flats for years, the apex consumer commission has quantified a time period of one year for delayed projects beyond which investors can claim a refund from builders.

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