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Real Estate News & Updates

Maharashtra developers to bear stamp duty charges

September 4, 2020: In an epic move, the real estate developers of Maharashtra's National Real Estate Development Council (Naredco) have decided to waive off stamp duty charges on various affordable and luxury residential properties in over 1,000 housing projects. It is supposed to result in substantial savings...

Updated on June 23, 2025

Real Estate News & Updates

Realty sector needs last mile funding to bounce back stronger

September 2, 2020: After demonetization, GST and RERA, the sector was dealt another blow from Covid-19. The real estate sector contracted 5.3% in the June quarter compared to 6% growth in the year-ago period, the construction industry witnessed a contraction of 50.3% according to a report....

Updated on June 23, 2025

Real Estate News & Updates

Housing ministry suggests states to follow Maha; reduce stamp duty on property transactions

August 31, 2020: The Housing and Urban Affairs Secretary Durga Shanker Mishra lauded the Maharashtra government's decision to reduce stamp duty on registration of properties and suggested other states to follow suit to encourage demand in the real estate sector. He...

Updated on June 23, 2025

Real Estate News & Updates

Here is why home-owners should not keep their houses vacant

August 26, 2020: Even with so many people who are willing to take houses on rent, there are so many residential units remain vacant in urban India. According to Census 2011, out of the 110 million residential units in urban...

Updated on June 23, 2025

Real Estate News & Updates

The Switch from Physical to Digital: Technology Transforming the Real Estate Ecosystem

August 25, 2020: Indian realty has undergone a massive digital transformation in the wake of COVID-19. All major physical property transactions have rapidly digitalized and ushered in myriad new possibilities for the sector and necessitated better ways of doing business. The real estate sector is not only...