Latest news

economy
Doles to push up sales in real estate sector, hope Kolkata developers

KOLKATA: When global real estate consultant Knight Frank presented its report on Kolkata around a month ago, the scenario appeared very bleak. Inventory of unsold apartments had hit an all-time high of 38,500 at the beginning of the year. According to projections, it would take over three years to sell these apartments. The slow pace…

Read more
economy
NCLT Delhi merges all petitions against Emaar MGF Land

NEW DELHI: The National Company Law Tribunal (NCLT) Delhi on Thursday ordered amalgamation of all cases against Emaar MGF Land and ordered all the peititoners to file the claim before the resolution professional (RP) appointed by them.The court was hearing eight cases filed against the builder and pronounced the same judgement for all.”It is needless…

Read more
economy
Budget aims to boost realty with tax exemptions for both homebuyers, developers

MUMBAI | BANGALORE: The Interim Union Budget for 2019-20 has provided a major relief to both homebuyers as well as realty developers with several measures aimed at lowering their tax incidence and burden. While the government has pushed the affordable housing agenda further, the proposals are also aimed at boosting the housing demand.Prospective homebuyers can…

Read more