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Real Estate
India  /  Published 12.01.22

Occupancy certificate shield in SC

The Supreme Court on Tuesday ruled that a real estate builder is under an obligation to provide occupancy certificates to flat owners and failure to do so amounts to deficiency of service for which th...
By R. Balaji in New Delhi

Business  /  Published 11.01.22

Bengal Realtors seek sops

Bengal’s realtors have sought a further extension of the benefit of the 2 per cent reduction on stamp duty and 10 per cent relaxation on circle rate till March 31. Introduced during the state bu...
By Our Bureau in Calcutta

Business  /  Published 07.01.22

Gehlaut loses tag as promoter

The board of Indiabulls Real Estate Ltd (IBREL) has approved a proposal to re-designate its co-founder Sameer Gehlaut as a public shareholder from a promoter. In a regulatory filing to the stock exch...
By Our Special Correspondent in Mumbai

Business  /  Published 04.01.22

Calcutta home launches jump 45%

The significant jump in launches stands out more as the law to monitor real estate is not in force in Bengal. The state is yet to appoint the chairman and members to the Real Estate Regulatory Author...
By Sambit Saha in Calcutta

Business  /  Published 03.01.22

2-dozen IPOs in 3 months

The IPO rush is far from over and the primary market will see frenetic activity in the March 2020 quarter with nearly two dozen companies looking to collectively raise nearly Rs 44,000 crore through i...
By PTI in New Delhi

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West Bengal  /  Published 17.11.21

Civic body nudge to realtors

The board of administrators (BoA) of Siliguri Municipal Corporation (SMC) has asked representatives of the Confederation of Real Estate Developers’ Association of India (Credai), an apex body of...
By Our Correspondent in Siliguri

Business  /  Published 12.11.21

Flat prices to go up! Home buyers, now is the time to buy

Home prices may inch up in the next four months to six months on the back of a cost push, firm demand and lower inventory, breaking out of the stagnation witnessed over the last several years and test...
By Our Special Correspondent in Kolkata

Business  /  Published 11.11.21

Delay in forming RERA hits Bengal housing sector

A delay in the formation of a regulatory authority has affected the launch of real estate projects in Bengal. Developers have lost out on new business opportunities while aggrieved home buyers were le...
By Sambit Saha in Calcutta

World  /  Published 10.11.21

Liquidity woes worry China

A think-tank of China’s powerful state council met real estate developers and banks in Shenzhen city, a source with direct knowledge of the meeting told Reuters, amid intensifying worries over a...
By Reuters in Shanghai

Business  /  Published 01.11.21

Bengal extends twin realty reliefs

The Bengal government has extended the 10 per cent reduction in prevailing circle rates on all immovable properties and a two per cent rebate on stamp duty till January 31, 2022.  Two formal not...
By Our Special Correspondent in Calcutta


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