PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundup: Average Housing Prices Spiked, Show RBI Data

Loading video...

Description

Realty News Roundup is PropGuide’s selection of the day’s top stories from the real estate sector.

Housing prices in the country increased in the first quarter of the current financial year in all the cities, touching their highest point in six years on a consecutive basis. This was shown in the Reserve Bank of India's (RBI) Housed Price Index data. The central bank said housing prices jumped 7.3 per cent during April-June this year, with Chennai witnessing the highest increase of 23.9 while Jaipur witnessed the highest contraction at -4.4 per cent.

HDFC Capital Advisors has inked a Rs 500-crore pact with realty developer Acme Group. Under the deal, a part of HDFC Capital’s funding will be invested in the developer’s four existing projects in the Mumbai Metropolitan Region. These projects are at various stages of construction and have a total saleable area of four million sq ft.

Acting tough against developers failing to adhere to contract timelines, the National Highway Authority of India has scrapped a Rs 912-crore contract awarded to Transstroy Ltd for a highway project in Madhya Pradesh. The contract was to be executed on build operate transfer (toll) basis on design, build, finance, operate and transfer pattern under the government's flagship road building programme, National Highway Development Project.

The West Bengal government is planning to allot as many 100 small plots ranging from 1,440 sq ft to 2,160 sq ft in New Town Action Area II-through an e-auction. In this regard, the government plans to float tenders soon.

Tags: Kolkata, Reserve Bank Of India, Video, New Town, NHAI, Madhya Pradesh, propguide, HDFC Capital Advisors


#WeeklyNewsRoundup: Foreign Property Should Be In The Name Of All Remitters, Says RBI

Here are the week's top news stories from the real estate sector.

September 10 2016

+ Click Here To Read This Article

Is The Time Ripe For NCR Buyers To Book Their Dream Homes?

The Q2'FY16 report by PropTiger Data Labs suggests that now might be the right time to invest in NCR. Here's why.

November 10 2015

+ Click Here To Read This Article

Is NCR Losing Out To Mumbai, Bengaluru, Pune?

The National Capital Region, for very long, has been the largest residential real estate market in India. But, is NCR losing out to Mumbai, Bengaluru and Pune?

November 10 2015

+ Click Here To Read This Article

NRI Investments In Indian Real Estate: How To Get This Right?

With the government keen on strengthening Indian economy including investments, the process of investing in the real estate sector will become easier for NRIs. So if you are planning to invest, read what would be the dos and don’ts.

July 29 2015

+ Click Here To Read This Article

5 Creative Eco Resorts Around The World

If luxury housing are eco-friendly then what else could you want? It's like having your cake and eating it too!

May 04 2015

+ Click Here To Read This Article

#RealtyNewsRoundup: Realty Regulator To Hit Housing Finance Companies, Says RBI Report [Video]

Here are today's top news stories from the real estate sector.

December 30 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: DDA Admits To Have Lost Over 1,600 Acres [Video]

Here are today's top news stories from the real estate sector.

December 19 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Centre Relaxes Green Norms For Construction Projects [Video]

Here are today's top news stories from the real estate sector.

December 15 2016

+ Click Here To Read This Article

Here are the week’s top news stories from the real estate sector.

According to a report by Oxford Economics research, significant changes are expected in the world...

Real Estate Investment Trusts are most anticipated subjects for the realty sector. It is the...

The Akrama-Sakrama Scheme came into force in March 23, 2015. The owners now have an extended...

Union Urban Development Minister Venkaiah Naidu says India will soon have a more efficient parking...

Reports show authorities in Noida are mulling an exit policy for developers to surrender vacant...

Here is all you need to know about 'betterment fees'.

A building code is a set of norms that govern construction of buildings by stipulating minimum...

Proptiger has released it's quarterly review report on India's real estate sector. Ankur Dhawan,...

PropGuide simplifies complex real estate jargons for you.

Sunil Mishra, Chief Business Officer, PropTiger, talks on new online realty platforms for NRIs.

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query here


Top