Real Estate
GST Cut on Construction Materials: A Boon for Homebuyers and the Real Estate Sector
The real estate industry has welcomed the GST Council's move to lower the tax rate on cement, which is expected to bring down overall project costs and benefit homebuyers.
real estate news
GST Rate Cut on Cement and Construction Materials to Boost Housing Affordability and Demand
The real estate sector has welcomed the 56th GST Council meeting's decision to rationalize tax rates on key construction inputs, which is expected to lower home prices and boost demand, especially during the festive season.
real estate news
GST Rate Cut on Cement to Boost Real Estate and Construction Sectors
The Confederation of Real Estate Developers' Associations of India (CREDAI) has welcomed the government's decision to reduce the GST rate on cement from 28% to 18%. This move is expected to lower construction costs, benefit homebuyers, and enhance housing affordability.
real estate news
GST on Cement Reduced to 18%, Boosting Affordable Housing and Construction
The GST Council has cut the tax rate on cement from 28% to 18%, a move expected to significantly lower construction costs and make affordable housing more accessible. This decision supports the government’s Housing for All mission.
Real Estate
Nomura Recommends 27 Stocks for Long-Term Gains Despite Muted Q1 and US Tariff Worries
Nomura, the Japanese brokerage, has identified 27 preferred stocks across various sectors, including ICICI Bank, Infosys, and UltraTech Cement, for long-term gains. Despite concerns over US tariffs and muted Q1 earnings, the brokerage remains optimistic about these picks.
real estate news
Gurugram Realty Firm Misappropriates ₹205 Crore from Home Buyers for Colombo Hotel Project
A Gurugram-based real estate company, Krrish Realtech, allegedly collected over ₹500 crore from home buyers under false pretenses and diverted ₹205 crore of these funds to a hotel project in Colombo, Sri Lanka, according to the Enforcement Directorate (ED).
Real Estate Mumbai
Sebi Conducts Major Search Operation on Prominent Mumbai Financial Influencer
The Securities and Exchange Board of India (Sebi) has launched a significant search operation targeting a well-known financial influencer in Mumbai. The operation aims to enforce regulatory compliance and deter misconduct in the financial sector.
real estate news
Midcaps, Consumption, and Cement to Lead Market Upside in H2: Pankaj Pandey
Pankaj Pandey, Head Research at ICICIdirect.com, discusses the potential for midcaps, consumption, and cement to drive market growth in the second half of the year. Real estate, particularly tier-II players and home-building products, also show promise.
Real Estate Mumbai
Seatbelt Violations Plummet on Pune–Mumbai Expressway
The number of seatbelt violations on the Pune–Mumbai Expressway has dropped significantly, thanks to increased surveillance and public awareness.
Real Estate
Jaypee Cement Assets Up for Bids in Major Insolvency Process
Debt-ridden Jaypee Cement Corporation Limited (JCCL) has initiated a corporate insolvency resolution process (CIRP), inviting bids for its 1.2 million-tonne cement capacity and associated assets. This move could significantly reshape India’s cement sector.
real estate news
Court Issues Notice to Robert Vadra in ED's Land Deal Money Laundering Case
A Delhi court has issued a notice to Robert Vadra, husband of Congress leader Priyanka Gandhi Vadra, in a money laundering case filed by the Enforcement Directorate (ED). The case involves a controversial land deal in Gurugram.
real estate news
Delhi Court Issues Notice to Robert Vadra in High-Profile Money Laundering Case
A Delhi court has issued a notice to Robert Vadra, husband of Congress MP Priyanka Gandhi Vadra, in connection with the Shikohpur land deal case. The Rouse Avenue Court took cognisance of the charge sheet filed by the Enforcement Directorate (ED) and issued notices to 11 individuals, including Vadra.
real estate news
Real Estate and Regulation: Balancing Enforcement with Economic Growth
The Indian real estate sector faces a critical juncture where regulatory compliance and enforcement are causing significant disruptions. Recent legal developments highlight the need for a balanced approach to protect both the law and economic activity.
Real Estate
Gurugram's ₹1000 Crore Real Estate Fraud: ED Arrests Universal Buildwell Promoters
In a significant development in a long-running real estate fraud case, the Enforcement Directorate (ED) has arrested three key promoters of Universal Buildwell Pvt. Ltd., who are accused of defrauding hundreds of homebuyers of over ₹1,000 crore through uncompleted projects and diverted funds.
Real Estate Pune
Delhi Police Arrests Cyber Stalker for Defaming Woman on Social Media
The cyber cell of Delhi Police has apprehended a man from Pune for harassing and defaming a 38-year-old woman by posting her photos with offensive comments on social media and writing her phone number in public places.
Real Estate Pune
Ambuja Cements and Adani Foundation Bridge Healthcare Gaps in Rural Telangana
Ambuja Cements and the Adani Foundation have organized health camps in remote villages of Telangana, providing essential medical services to underserved communities.
Real Estate
Cables to Cement: 11 Key Companies Driving India's Real Estate Boom
In India, the real estate sector is the second-largest employer, following agriculture. It is a significant growth engine, projected to reach $1 trillion by 2030. This article highlights 11 companies across various sectors that are deeply linked to this growth.
Real Estate Maharashtra
EAGLE Cracks Down: 14 Arrested in Decoy Operation to Dismantle Drug Network
EAGLE, the Elite Action Group for Drug Law Enforcement, apprehended 14 individuals in a decoy operation near HDFC Bank in Gachibowli, dismantling a larger drug supply network of over 100 individuals.
Real Estate
Court Grants Sanjay Bhandari Time to Challenge Fugitive Tag, ED Plea Adjourned
A Delhi court has granted arms dealer Sanjay Bhandari time to challenge the July 5 order that declared him a fugitive economic offender. The court also deferred proceedings on the Enforcement Directorate's (ED) plea for confiscation of his properties.
real estate news
Real Estate Boom to Drive Cement Demand in FY26
The robust growth in the real estate market and government initiatives like the Pradhan Mantri Awas Yojana (PMAY) are expected to significantly boost cement demand in FY26. Large-scale construction under these schemes is set to drive the industry forward.