Real Estate
Business Today
Real Estate

There were huge expectations from the government but it did not deliver on what was promised.

The Sebi disclosed the penalty on Thursday, as part of the same case under which it last year banned the company from raising capital for three years.
The real estate sentiment index is launched jointly by Ficci and Knight Frank.
Besides, it sought infrastructure status for housing.
The industry body also suggested that sponsors of REITs and InvITs be exempt from levy of MAT and DDT at the special purpose vehicle (SPV) level.
"In the interest of the real estate sector, the Budget must address this issue. Realtors' apex body CREDAI Chairman Lalit Kumar Jain said.
As demand for residential real estate slows, experts say it is a good time to invest in office spaces.
The apex court also directed the company to refund the interest within 60 days after the principal amount is paid to the investors.
CCI said there is an urgent need for a strong regulatory mechanism and immediate legislative steps to safeguard the interest of buyers in this sector.
The next year will see 40 more cities making it to the list, and the remaining 40 cities are expected to enter the list by 2017.
Many developers offer to pay interest on the loan till possession. This is good news, but only if chances of the project getting delayed are low.