Current Happenings in the Indian Real Estate Secto...

Current Happenings in the Indian Real Estate Sector


A lot has been said on the Affordable Housing scheme and more. Checkout the recent news in Indian realty sector.

1. A step towards housing for all:  Maharashtra’s stamp duty can be waived for small homes

Central government has taken steps to fulfil its vision of Housing for all by 2022. In support of this. Maharashtra government is considering to waive off stamp duty for houses with an area of less than 250 sq.feet. Houses below 450 sq.feet will get a concessional rate. There will be no waiver for houses above 450 sq.feet

Read More:


2. 34 cities from Madhya Pradesh to be selected for AMRUT and 16 for housing scheme

Madhya Pradesh has incorporated 39 cities in the ‘Housing for all 2022’ initiative by the central government. 34 cities in total have been included for the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme. The MP state government has allocated Rs. 890.25 crores for a total of 19241 housing units comprising in 16 cities.  

Read More:

 3. Upcoming startups like Vista Rooms and Deyor Rooms will offer new services

New companies in inn industry are differentiating to offer new administrations after at first concentrating on simply institutionalizing facilities, a move went for widening their business in an offer to help incomes.

Deyor Rooms as of late expanded into offering campgrounds to corporate and recreation explorers, for example, while spending plan settlement startup WudStay began offering paying visitor convenience and retirement homes around four months back.

Read More:


4. Hoteliers look keen on buying the Kingfisher House in Mumbai

Lenders have fixed a base price of Rs. 150 crore for the Kingfisher Airlines property near the domestic airport. However, they may not get bids significantly higher than the base price, the people quoted earlier said, citing the slump in the property market as a reason.

Read More:

5. sees an increase in cases against real estate agencies

Ratan Lal Verma documented an argument against the lodging load up at some point back for offering him a house at a higher value contrasted with what was asserted at the season of striking the arrangement. The case was at long last settled at the pay of Rs 50,000.

Read More:

6. Single Window Clearance for erecting monuments soon: Government

The legislature will soon give a solitary window freedom to urban advancement ventures and setting up of landmarks by subjects and others, Urban Development Minister M. Venkaiah Naidu said in the Lok Sabha on Tuesday.

“Prior for every one of these, individuals needed to come to Delhi. Presently there will be online endorsement,” he said while guiding the Real Estate Regulator (Regulation and Development) Bill in the lower place of parliament.

Read More:




Accuracy and up to date information about the real estate industry make, a leading source for in-depth & reliable news on the realty sector. Known for providing the inside scoop on project feasibility and credibility, neighborhood demographics, sociability and market trends, aims at adding value to each and every property pursuit.