Darjeeling MP Raju Bista emphasized the importance of real estate reforms during a recent seminar in Siliguri, discussing key policies and initiatives aimed at boosting the sector.
Real Estate ReformsSiliguri SeminarDarjeeling MpProperty TaxesSustainable DevelopmentReal Estate NewsMar 01, 2025
The Real Estate (Regulation and Development) Act, 2016, is a legislation aimed at increasing transparency and accountability in the real estate sector. It requires developers to register their projects and provide regular updates to buyers, protecting them from fraudulent practices.
The government is working on rationalizing property taxes and simplifying the land acquisition process to make it easier and more cost-effective for developers to invest in the real estate market.
Technology can streamline property transactions, enhance transparency, and improve the efficiency of the real estate sector through the use of digital platforms and modern tools.
Sustainable development in real estate ensures that projects are not only economically viable but also environmentally friendly, promoting the use of green buildings and energy-efficient construction methods.
The proposed reforms are expected to make the real estate market more transparent and investor-friendly, leading to better protection for home buyers and potentially lower costs due to reduced taxes and streamlined processes.
Moody's assigns Ba3 rating to Piramal Capital and Housing Finance, citing its diversified portfolio mix and high capitalization, offset by relatively low profitability and legacy real estate exposures.
For years, real estate has been a popular investment option for Non-Resident Indians (NRIs) due to its potential for long-term appreciation and rental income.
Noida-based CRC Group has announced a significant investment of ₹525 crore to develop an ultra-luxury residential project called CRC Maesta in Greater Noida. The project, spread across 4 acres, will feature 358 premium apartments and is set to be a landma
A Reddit post highlighting the astronomical property prices in Hyderabad has sparked a lively debate among netizens. Many are questioning who can afford these sky-high prices, with NRIs and wealthy individuals being named as potential buyers.
Realty firm HoABL Infraworld has acquired the historic American Center building in Mumbai for Rs 56 crore. The property, which was part of the US Consulate General, has been purchased from the US Secretary of State.
The real estate classifieds portal, Magicbricks, has taken a significant step forward by acquiring a majority stake in PropViz, a leading provider of 3D visualization and immersive technology solutions. This strategic move aims to offer advanced tech solu