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1.Motilal Oswal to invest in real estate funding

Motilal Oswal is planning to diversify into new areas such as real estate funding. The company will use its new Rs 1,000 crore real estate fund to invest primarily in the affordable housing segment.


2.Paranjape Schemes enters affordable housing

Paranjape Schemes (Construction) has forayed into the affordable housing segment under the new brand - Happiness Hub. The first project under this brand will be developed at Varwee. With a saleable area of 1.28 mn sq ft, the project comprises of 2,000 units of one RK, one and two BHK apartments and commercial units.


3.Budget Expectations for Real Estate – Sobha Group

In recent years, for individual home buyers, prices have continued to increase by approximately 7-10 per cent per year. From our perspective, we would like to see the government increase the income tax benefits to this group of home buyers.


4.´Infrastructure status´ to spur investments into affordable housing

The year 2017 seems like the year for the affordable housing segment, and there should be no looking back for developers and the government hereon. The ´infrastructure status´ will certainly open up new financial avenues for developers.


5.'We will develop 7,000 affordable homes and 7-8 million sq ft of commercial projects,' says P Ravindra Pai, MD, Century Real Estate

With over 3,000 acre in its land bank and a development portfolio of over 20 million sq ft, Century Real Estate is among the largest owners of real estate in Bengaluru. And now, the company has mega plans to venture into the affordable housing segment along with developing 7-8 million sq ft of commercial projects.


6.NAREDCO welcomes lowering of GST; demands for further rationalisation

National Real Estate Development Council has lauded the government’s move to lower GST on affordable housing and other housing projects.


7.Gaurs Group records biggest sale in Delhi-NCR’s real estate

Clocks a sale of $500 million in Delhi-NCR region in 2018