Daily Real Estate News Digest (30th Nov 2017)










Adani, Hindujas join race for Jaypee Infra

Adani Group, Hindujas & JSW Group have entered fray to invest in Jaypee infra. The interest from 3 big players will offer comfort to Jaypee Infra lenders.

ET Realty

DDA housing scheme 2017 draw to be held today

The draw for the DDA's new housing scheme, for which it has received over 46,000 applications, would be held today. The 12,617 across 4 income categories are located in Rohini, Dwarka, Narela, Vasant Kunj, Jasola, Pitampura, Paschim Vihar & Siraspur.   

ET Realty

Home sales rise 5% in Jul-Sept on affordable housing boost

Sales in affordable housing segment with price less than Rs. 25Lakh increased by 11% on a sequential basis to 12,136 units.

ET Realty

Omkar Realtors expects Rs. 2,000 crore revenue from 1st phase of Andheri project

Omkar Realtors is expecting revenue of Rs. 2,000cr in phase 1 of its 65-acres redevelopment project in Andheri. Phase 1 entails 1,200 apartments for which it has received around 1,500 Expression of Interests from homebuyers. The project scheduled to be delivered by 2022, consists of 1, 2 & 3 BHK with price ranging from Rs. 87 Lakh to Rs. 1.6cr onwards

ET Realty

Aadhaar linking with property may hurt secondary real estate market

Making Aadhaar card mandatory in real estate deals will have a major impact on the secondary or resale property market. Sales in the secondary property market are largely undervalued to avoid payment of taxes & as much as 30-50% of the total value is typically paid in cash.   

Times Now

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