Page 2 - Residential Units

No GST on residential premises if rented out for personal use: Govt

The government dismissed media reports which claimed that there is an 18 per cent Goods and Services Tax (GST) on house rent paid by tenants.

Understanding capital gains tax exemption under Section 54

Taxes are levied on earnings made from sale of residential property as well. It is known as capital gains tax. But did you know that in some cases you can save yourself from this tax? Find out how

After a decade, DLF gears up to re-enter Chennai's residential space

Realtor lines up plotted development in OMR, premium high-rise in Central Chennai and another project in Sriperumbudur

Registration of homes in Mumbai city down 26% in Jan to 7,732 units: Report

Registration of residential properties in Mumbai municipal area fell 26 per cent on an annual basis to 7,732 units due to restrictions on movements to curb the spread of the coronavirus pandemic

Residential plot prices appreciates 7% annually since 2015: Report

Prices of residential plots across eight major cities have appreciated by an average of 7 per cent annually since 2015, while rates of apartments increased by 2 per cent

Shapoorji Pallonji's Joyville to invest Rs 300 cr to build 750 apartments

On operational performance, Mahadevan said the company has clocked a nearly three-fold jump in its sales booking at Rs 450 crore during the first half of this fiscal year.

Godrej Properties to develop 1.5 mn sq ft project in Bengaluru

Realty firm Godrej Properties Ltd on Friday said it has bought a 16-acre land parcel in Bengaluru to develop primarily residential properties, as part of its strategy to expand business in major cities. The company did not disclose the deal value as well as the name of the seller. In a regulatory filing, Godrej Properties, which is one of the country's leading real estate developers, informed that it has purchased a land measuring approximately 16 acres at a strategically located and fastest developing micro-market of Sarjapur to develop a mid-income project. The project is estimated to have a developable potential of about 1.5 million square feet saleable area, comprising primarily residential apartments of various configurations. Sarjapur is one of the most preferred residential locations in Bengaluru and also has excellent connectivity to the IT/ITES belt at Bellandur on Outer Ring Road and several key hubs of the city. Mohit Malhotra, MD & CEO, Godrej Properties, said, ...

Q2 bookings, launches to maintain sales momentum for Oberoi Realty

Sharp run in stock prices over the past three months, however, caps near term upside

Strides will get bigger on the home run

Backed by economic revival, record low interest rates and stable prices, India's residential real estate market is set to see growing demand

Covid-19 hit India's residential market harder than US and Brazil

Average home prices in India, however, fell on a year-on-year (YoY) and quarter-on-quarter (QoQ) basis during the June quarter

India ranks 54th in housing prices appreciation; rates fall 0.5% in Jun qtr

India ranks 54th out of 55 countries globally in the housing prices index as rates of residential properties fell marginally by 0.5 per cent year-on-year during the quarter ended June

Deals or distress: Realtors expect 25-30% jump in sales this festive season

Home sales grew 67 per cent in the first half of 2021 due to growth in markets like Pune and Mumbai

Sales of sub-Rs 50 lakh homes hit in 2021 as Covid bites: Knight Frank

During the early part of this year, sales volumes were greatly influenced by two markets - Mumbai and Pune that together constituted over 45 per cent of the total sales amongst key markets

Iconic CST project may fetch winning bidder Rs 10K cr in home sales

Developers can earn around Rs 800 crore a year in rent if they go for a combination of retail and office projects, experts said

Covid-19 pandemic: Sales of large apartments rise as WFH continues

Of the total sales of 58,300 units in top seven cities in Q12021, sales of homes priced over Rs 1.5 cr comprised 9% share

Listed property developers expect better days after first quarter

In FY21, home sales picked up after Q1 because states such as Maharashtra announced stamp duty cuts and banks offered special interest rates

Delivery of 420k residential units may be delayed: Anarock report

Seventy-two per cent of the homes to be delivered by year-end have already been sold

MyGate starts omni commerce business with over 80 brands across categories

Plans to empanel over 200 brands by March, test group buying for communities and a resident-to-resident marketplace over coming two quarters

Home sales at pre-Covid level; overall sentiment optimistic: Knight Frank

The residential segment outlook, according to the survey findings, was supported by pent-up demand, multi-decadal low home loan interest rates, and attractive residential prices

Jain Housing raises Rs 175 crore from Apollo Global and Nippon Life

The company, which has been in constructing residential apartments and complexes for over 33 years, will use the proceeds to reduce its debts