Many people wonder why youngsters these days are preferring to rent rather than buy a property of their own. Do they not want the security of a roof of their own on their heads? Do they shy away from financial liabilities that such a purchase may bring? We look at the whys of this decision.
OTV Foresight 2022 | In Conversation With Assotech Limited COO, Aditya Prakash
Bhubaneswar: The ‘white money’ buyers in the realty market appear to be holding back their property purchase plans after the Centre’s demonetisation initiative in November last year. This was the response of majority of aspiring buyers who visited the recently concluded property expo of Credai (Confederation of Real Estate Developers’ Association of India) here and […]
Bhubaneswar: Despite demonetisation, the Odisha chapter of Confederation of Real Estate Developers’ Association of India (Credai) aims to push more than 100 ready to move-in flats in the middle income group (MIG) sector during the upcoming property expo scheduled to begin at Janta Maidan here from January 12. The inventory shares about 60 per cent […]
New Delhi: The Supreme Court on Wednesday asked real estate major Jaypee Associates to deposit Rs 275 crore — in two instalments — by December 31, telling it to “behave like a good child”. The bench of Chief Justice Dipak Misra, Justice A.M. Khanwilkar and Justice D.Y. Chandrachud asked the firm to deposit another Rs […]
New Delhi: As many as 826 housing projects are running behind schedule by an average of 39 months, with Punjab having the maximum delayed projects followed by Telangana and West Bengal, an Assocham study has found. “At the end of December 2016, 3,511 projects were live in construction and real estate sector, of which 2,304 […]
Mumbai: Mumbai is the richest Indian city with a total wealth of $820 billion, a report has said. According to the latest New World Wealth report, India’s financial capital here is home to 46,000 millionaires and 28 billionaires, and is followed in terms of wealth by Delhi in second place and Bengaluru in third place. […]
Dubai: A Canadian national of Indian origin won a jackpot of $1 million in Dubai Duty Free (DDF) Millennium Millionaire raffle on Tuesday. Mukhtar M., who is based in Dubai and works as a real estate broker, said he was surprised upon receiving “the call of a lifetime” from a Dubai Duty Free representative, the […]
New Delhi: Former Indian skipper Mahendra Singh Dhoni has moved the Supreme Court seeking possession of a penthouse in an Amprapali project, and also to include his name in the list of creditors of the real estate company. Dhoni in his plea informed the court that he had booked the penthouse in Amrapali Safari in […]
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