PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundup: Gurgaon Proposes To Slash Circle Rates By 15 Per Cent

Loading video...

Description

 

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

To boost buyers’ sentiment, the Gurgaon administration has proposed to slash circle rates of properties by 15 per cent. If the Haryana government approves the proposal, it will be the first time in the recent history that Gurgaon, a premium real estate market, would see the circle rate graph slip downwards. In the previous two financial years, circle rates in the city were kept unchanged. Read more

Fourteen out of 16 perennially loss-making hotels owned by the state-run India Tourism Development Corporation (ITDC) will be sold off. Union Tourism and Culture Minister Mahesh Sharma said the finance ministry was taking forward the disinvestment plan to offload government's stake in all the ITDC-run hotels, except the Ashoka and Samrat hotels in the national capital.  The public sector undertaking runs 16 hotels in Delhi, Patna, Jammu, Ranchi, Bhubaneswar, Puri, Bhopal, Bharatpur, Jaipur, Guwahati, Mysore, Puducherry and Itanagar. Read more

Going by the Securities and Exchange Board of India’s (Sebi) mandate to auction 60 properties across the country following a directive from the Supreme Court, HDFC Realty and SBI Capital Markets have put over 4,700 acre on the block across 14 states. The sale is expected to fetch around Rs 6,500 crore. Read more

Britain will be collaborating with state governments and municipal authorities in India to develop Pune (Maharashtra), Indore (Madhya Pradesh) and Amravati (Andhra Pradesh) into smart cities. This was stated by British High Commissioner to India Dominic Anthony Gerard Asquith recently. The high commissioner said a centre of excellence on automobile skills would also be set up in Pune.  Read more

Tags: Gurgaon, Pune, Indore, Sahara, Smart Cities


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

Unsold Inventory: Learnings From PropTiger Q2 Report FY'16

Unsold inventory in major Indian cities have been declining, quarter by quarter.

November 10 2015

+ Click Here To Read This Article

#WeeklyNewsRoundup: Delhi Govt Asked To Submit Fresh Proposal on Circle Rates

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

October 08 2016

+ Click Here To Read This Article

With Circle Rate Hike, Property Prices In Ghaziabad Set To Shoot Up

Effective from April 1, the Uttar Pradesh Housing Board has hiked circle rates for sectors of Vasundhara by 16 per cent. The move is likely to raise property prices at a time when markets are already struggling with a slowdown.

April 12 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Bank of Baroda To Buy Majority Stake In Central Bank’s Housing Finance Arm [Video]

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

December 12 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: India Inks Pact With Russia To Build Smart Cities

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

October 17 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Pune To Get An International Airport

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

October 07 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: HUDA To Auction Plots in Gurgaon Every Tuesday

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

October 03 2016

+ Click Here To Read This Article

While buying houses will become comparatively cheaper, living in them is likely to get costlier...

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

Burj Khalifa will no longer be the tallest tower in the world as soon as Jeddah Tower starts...

What are the major growth drivers for the Dum Dum real estate market?

The Goods And Services Taxes has clearned a proposal to charge a cess of 15 per cent on luxury cars...

The Union Cabinet has approved the Noida-Greater Noida Metro Rail project, covering a length of...

Here are some of the features that modern-day homebuyers look for in a luxury home.

PropGuide lists top four pockets of Pune that are a hit among high-net-worth individuals, planning...

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

PropGuide simplifies complex real estate jargons for you.

Prime lending rate is the interest rate at which banks lend to its most credit worthy...

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

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query Here


Top