Making property services slick with a click

The shift to getting more things done online, driven by the pandemic, has also nudged the slow-moving property-related services in the government into a more citizen friendly one. There has been an acceleration in providing online access to citizens for various procedures, by various States (property is a state subject). From getting information such ...
October 2, 2021

Three-day property show begins in Hyderabad

Anticipating revival of demand for real-estate projects as the normalcy returns after the pandemic, real estate developers in Telangana are back with a property show. About 100 builders, developers and financial institutions have set up stalls at the three-day property being organised by the Telangana Real Estate Developers Association (TREDA) at the HITEX expo ...
October 1, 2021

Australian house prices keep climbing, attract watchdog’s eye

SYDNEY: Australian home prices extended their breakneck run in September with even coronavirus lockdowns in major cities doing little to cool the fever, though regulators look likely to crash the party as borrowing increasingly outstrips incomes. Data from property consultant CoreLogic out on Friday showed national home prices rose 1.5% in September, matching August’s ...
October 1, 2021

Housing loan payouts in Ahmedabad jump 142% in Q1: Report

AHMEDABAD: Backed by buoyant demand for affordable as well as luxury homes, the disbursals for housing finance loans are showing a steep surge. According to the latest report by State Level Bankers’ Committee (SLBC), housing finance disbursals stood at Rs 5,576 crore in the first quarter of 2021-22, up 142% against Rs 2,298 crore ...
September 30, 2021

Delhi: SDMC to roll back hiked property tax rates for commercial rented properties

NEW DELHI: Ahead of civic body polls next year, the BJP-ruled South Delhi Municipal Corporation (SDMC) has decided to roll back the hiked property tax rates for commercial rented establishments, educational institutions, banquet halls among others, officials said on Wednesday. The move will benefit traders and the business fraternity, considered the vote bank of ...
September 29, 2021

Goa government to compensate 322 damaged houses in Bicholim

Representative image BICHOLIM: After assessing the damage to 371 houses affected by the recent floods in Bicholim taluka, the state government released compensation to 322 families. The maximum compensation paid this time is Rs 2 lakh while the minimum is Rs 20,000. Bicholim mamlatdar Pravinjay Pandit said that six houses will be reconstructed completely ...
September 29, 2021

Housing sales jump over two-fold in July-September

Housing sales have jumped over two-fold during July-September period at 62,800 units across seven major cities on better demand, driven by low mortgage rates and hiring in IT/ITeS sector, according to property consultant Anarock. Sales of residential properties stood at 29,520 units in the year-ago period and 24,560 units in the previous quarter. The ...
September 29, 2021