housing industry

Housing developers hail FDI in retail, call for realty reforms


September 20th, 2012 - 6:22 pm ICT by IANS
Mumbai, Sep 20 (IANS) Hailing the UPA government's decision to allow FDI in retail as the right move, the housing developer community Thursday called for accelerating the economic reforms process ... Read more...

Posted in Business |

SC offers relief to Maharashtra property buyers


August 28th, 2012 - 8:51 pm ICT by IANS
New Delhi/Mumbai, Aug 28 (IANS) In a relief to developers and property buyers in Maharashtra on the vexed VAT issue, the Supreme Court Tuesday stayed a Bombay High Court judgment ... Read more...

Posted in Business |

Panel formed to protest VAT in Maharashtra


August 27th, 2012 - 10:49 pm ICT by IANS
Mumbai, Aug 27 (IANS) Harried property buyers in Maharashtra have formed an action committee to protest against the proposed collection of VAT arrears by the state government for all kinds ... Read more...

Posted in Business |

Maharashtra to recover VAT arrears on property deals


August 23rd, 2012 - 7:35 pm ICT by IANS
Mumbai, Aug 23 (IANS) Realtors across Maharashtra have been ordered to pay by Aug 31 the value added tax (VAT) on all new flats, shops or bungalows sold between June ... Read more...

Posted in Politics |

Chavan applies balm to angry realtors


May 2nd, 2012 - 10:56 pm ICT by IANS
Mumbai, May 2 (IANS) A week after the powerful realty industry's sharp criticism of the Maharashtra government for "inaction and policy paralysis", Chief Minister Prithviraj Chavan attempted to soothe their ... Read more...

Posted in Business |

Dream of affordable homes gathers dust in Maharashtra


April 25th, 2012 - 8:28 pm ICT by IANS
Mumbai, April 25 (IANS) An ambitious plan to construct 500,000 affordable homes in Mumbai, Thane and Raigad districts of Maharashtra is gathering dust due to "inaction and policy paralysis" on ... Read more...

Posted in Business |

US oil price edges up


April 25th, 2012 - 3:59 am ICT by IANS
New York, April 25 (IANS) The US crude oil price edged up Tuesday as market sentiment rose due to solid corporate earnings.A weakening dollar, which dipped about 0.2 percent against ... Read more...

Posted in Business |

US new home sales fall 1.6 percent in February


March 24th, 2012 - 1:08 am ICT by IANS
Washington, March 23 (IANS) Sales of new single-family houses in the US declined in February, the Commerce Department said Friday.Sales of new single-family houses in January dropped to a seasonally ... Read more...

Posted in Business |

No tax hike for Maharashtra realty sector


December 22nd, 2011 - 8:31 pm ICT by IANS
Mumbai, Dec 22 (IANS) Reeling under severe inflationary pressures, Maharashtra's realty industry Thursday welcomed Chief Minister Prithviraj Chavan's assurance that the ready reckoner rates would not be revised in 2012.Ready ... Read more...

Posted in Business |

Realty body sceptical about proposed regulatory bill


December 8th, 2011 - 10:13 pm ICT by IANS
Mumbai, Dec 8 (IANS) Apprehending a return to 'licence raj', a top realty body Thursday objected to several provisions in the proposed Real Estate Regulation & Development bill and sought ... Read more...

Posted in Business |

Realty industry slams repo rate hike


October 25th, 2011 - 8:14 pm ICT by IANS
Mumbai, Oct 25 (IANS) Top players from the realty sector have reacted sharply to the fresh hike in repo rates announced by the Reserve Bank of India Tuesday.The Maharashtra Chamber ... Read more...

Posted in Business |

Increase in built-up area in suburban Mumbai welcomed


October 21st, 2011 - 11:50 pm ICT by IANS
Mumbai, Oct 21 (IANS) Welcoming the state government's decision to offer additional building construction space of 0.33 percent for a premium, the Maharashtra Chamber of Housing Industry (MCHI) said Friday ... Read more...

Posted in Business |

Use carpet area of house to levy stamp duty: Builders


September 21st, 2011 - 10:05 pm ICT by IANS
Mumbai, Sep 21 (IANS) The Maharashtra Chamber of Housing Industry (MCHI) has welcomed Chief Minister Prithviraj Chavan's move to ensure that carpet area is used as the common measurement unit ... Read more...

Posted in Uncategorized |

Developers’ lobby introduces code of conduct


September 15th, 2011 - 11:54 pm ICT by IANS
Mumbai, Sep 15 (IANS) The Maharashtra Chamber of Housing Industry (MCHI) Thursday introduced a code of conduct for the 1,000-odd real estate firms affiliated to it."The code of conduct aims ... Read more...

Posted in Business |

Mumbai builders asked to curb mosquito menace


April 27th, 2011 - 1:10 am ICT by IANS
Mumbai, April 26 (IANS) In a welcome development for Mumbai residents, builders and developers in the metropolis have been urged to keep their construction sites free from the mosquitoe menace ... Read more...

Posted in Business |

Post-Adarsh scam, Chavan reassures builders


February 4th, 2011 - 11:25 pm ICT by IANS
Mumbai, Feb 4 (IANS) With the builders in Maharashtra running scared in the aftermath of the Adarsh Housing Society scam, Chief Minister Prithviraj Chavan Friday sought to assure that those who came ... Read more...

Posted in Business |

Top Indian realty majors to take part in Dubai expo


November 30th, 2010 - 7:00 pm ICT by IANS
Mumbai, Nov 30 (IANS) Top Indian companies will be participating in the 14th India Realty Expo-2010, organised by the Maharashtra Chamber of Housing Industry in Dubai Dec 9-11, an official said ... Read more...

Posted in Business |

Maharashtra builders seek to rectify anomalies in rules


November 23rd, 2010 - 7:52 pm ICT by IANS
Mumbai, Nov 23 (IANS) Builders in Maharashtra Tuesday asked the state government to remove discrepancies in the Development Control Regulations and ensure that flats were sold based on the carpet area norm.In ... Read more...

Posted in Business |

In Excess Of 40 pct. Of American Homemakers Leave the Mortgage Aid Program


July 21st, 2010 - 8:28 pm ICT by Pen Men At Work
July 21, 2010 (Pen Men at Work): There has been a massive amount of American homeowners, who have desired assistance from the Obama administration’s flagship endeavor to salvage those in jeopardy of ... Read more...

Posted in Business |

Jay Shafer’s Tiny House Comes With Wheels


July 19th, 2010 - 7:38 pm ICT by GD
By Madhuri Dey July 19, (THAINDIAN NEWS) People nowadays are not only interested in smaller but smart gadgets and appliances but also extending it to small and smart living places. Jay Shafer is ... Read more...

Posted in World |

Private players, Maharashtra to build homes for poor


April 6th, 2010 - 11:15 pm ICT by IANS
Mumbai, April 6 (IANS) In a significant initiative in the country's realty sector, a plan is on the anvil to construct 500,000 affordable houses at an estimated investment of over Rs.15,000 crore ... Read more...

Posted in Business |

India’s realty industry sees homecoming of non-residents


June 14th, 2009 - 3:52 pm ICT by IANS
By Anuradha Shukla New Delhi, June 14 (IANS) The Indian realty industry has reason to cheer. After a yearlong gloom, non-residents have started looking at the residential market in the country again, especially ... Read more...

Posted in Business |

BJP and industrialists discuss impact of global crisis on economy


November 21st, 2008 - 2:58 pm ICT by ANI
New Delhi, Nov 21 (ANI): The Bharatiya Janata Party (BJP) has said that India needs to restore economic confidence hit by the global credit crisis by helping struggling industries, boosting infrastructure ... Read more...

Posted in National |

National Housing Bank to raise Rs.110 bn this fiscal


June 27th, 2008 - 11:21 pm ICT by IANS
Kolkata, June 27 (IANS) National Housing Bank (NHB) would raise Rs.110 billion ($2.6 billion) during the current fiscal to fund the housing industry, said a top official here Friday. "This year, we ... Read more...

Posted in Business |

Indian real estate products showcased in Dubai (Gulf Business Capsule)


May 10th, 2008 - 5:31 pm ICT by admin
Muscat, May 10 (IANS) Around 35 Indian companies are participating in the three-day Indian Realty Expo 2008, which concludes here Saturday. Organised by the Maharashtra Chamber of Housing Industry (MCHI), the exhibition ... Read more...

Posted in Business |

New Zealand Forestry Minister to visit India


March 21st, 2008 - 5:17 pm ICT by admin
Wellington, Mar.21 (ANI): New Zealands Forestry Minister Jim Anderton will leave on Saturday for India. Anderton will lead a trade delegation that will focus on India's burgeoning housing industry. India is New Zealand's ... Read more...

Posted in Life Style |

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