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IBBI Pushes for Direct Flat Ownership for Debt-Free Buyers Amid Real Estate Bankruptcy Resolutions

The Insolvency and Bankruptcy Board of India (IBBI) suggests granting ownership to debt-free purchasers who already own their property during the insolvent real estate firm's bankruptcy settlement. However, the committee of creditors must approve this plan.

By Admin

  • 8th Nov 2024
  • 1150 Views
Affordable Housing Redefined? Proposed GST Could Boost Budget Homes

The GST Council's GoM proposes increasing the affordable home price barrier from ₹45 lakh to ₹55 lakh. If authorised, this might help budget homebuyers by matching GST incentives with growing property prices and increasing housing accessibility throughout India.

By Admin

  • 3rd Nov 2024
  • 1156 Views
Housing Finance Companies Urge Higher Loan Guarantee for Affordable Housing to Boost Low-Income Homeownership

Housing finance firms (HFCs) want the government's Credit Risk Guarantee Fund Trust for Low-Income Housing reformed. The idea aims to enhance house loan guarantee cover to ₹25 lakh, up from the present maximum of ₹5 lakh, as per sources.

By Admin

  • 9th Oct 2024
  • 1175 Views
The Ultimate Guide to Pre-Approved Home Loans For a Stress-Free Property Purchase

Pre-approved home loans simplify the buying process for homebuyers. Pre-approved loans may make homebuying easier by increasing bargaining power, simplifying paperwork, and providing financial clarity. This complete guide on Ghar covers its benefits, phases, drawbacks, and professional advice.

By Admin

  • 5th Oct 2024
  • 1160 Views
Singapore Real Estate Fund CapitaLand to Double India Investments to USD 11.3 Billion by 2028, Expands into Renewables and Private Credit

CapitaLand, Singapore's largest real estate manager, plans to quadruple its India FUM to SGD 14.8 billion (USD 11.3 billion) by 2028. This aggressive action supports its worldwide aim of SGD 200 billion (USD 153 billion) FUM in the same term.

By Admin

  • 11th Sep 2024
  • 1178 Views
Adarsh Developers Achieves Major Financial Turnaround by Repaying INR 750 Cr Edelweiss Debt

Adarsh Developers, a leading real estate developer, repaid a ₹750 crore structured financing arrangement from Edelweiss Alternative Asset Advisors in 2022 progressing towards financial stability.

By Admin

  • 3rd Sep 2024
  • 1170 Views
6 Reasons Why Installing a Rooftop Solar Power System is a Smart Move

Rooftop solar power systems are eco-friendly and profitable. Many residential societies in India are seeing the benefits of solar energy as adoption develops. This tutorial will explain why your house or building should install a rooftop solar power system.

By Admin

  • 21st Aug 2024
  • 1169 Views
PMAY Urban 2.0 - Government Boosts Affordable Housing with INR 10 Lakh Crore Allocation

To promote affordable housing in India, the government has quadrupled the financial allocation to ₹10 lakh crore under the PMAY Urban 2.0 scheme. This extra funding is intended to boost affordable housing, especially for individuals relocating to cities for better jobs.

By Admin

  • 21st Aug 2024
  • 1203 Views
7 Essential Steps to Ensure a Successful Home Investment

Home investing may be complicated, especially with rising prices, legal issues, and quality issues. Ghar recommends 7 essential actions for a safe, financially secure, and easy home purchase:

By Admin

  • 3rd Aug 2024
  • 1200 Views
6 Key Factors in Budget 2024-25 That Could Impact Homebuyers

India's Budget 2024-25 prioritises affordable housing, urban development, and tax reforms to strengthen the real estate sector. Ghar outlines 6 homebuyer highlights.

By Admin

  • 27th Jul 2024
  • 1206 Views
MGM Healthcare Acquires Vizag's SevenHills Hospital Under IBC Process

INR 171-Crore Resolution Plan by MK Rajagopalan Approved by lenders MK Rajagopalan, the promoter of Chennai-based MGM Healthcare, purchased Visakhapatnam's 300-bed SevenHills Hospital through the IBC.

By Admin

  • 18th Jul 2024
  • 1239 Views
A Guide to Securing Your Dream Home with a Home Loan

Securing a property loan involves navigating various factors such as credit history, property appraisal, and more. This guide will help you understand the essentials that impact your eligibility for home financing.

By Admin

  • 20th Jun 2024
  • 1218 Views
Certus Capital Commits INR 400 Crore to Indian Real Estate Projects

Certus Capital, an institutional real estate investment business, invested more than ₹400 crore in three real estate finance deals. The company plans to spend ₹1,000 crore via secured loan in fiscal year 2024-25.

By Admin

  • 18th May 2024
  • 1278 Views
MahaRERA Enforces Agent Certification Requirements, Urging Developers to Comply for Industry Integrity

Promoters must now use only qualified and certified real estate agents under MahaRERA. This guideline protects homebuyers and the real estate industry. Non-compliance might lead to project registration rejections, registration revocations, or promoter fines.

By Admin

  • 5th May 2024
  • 1303 Views
NCLT Rules Against Wadhwa Buildcon Plan for Flaws and Wilful Default - Key Irregularities Lead to Plan Rejection

The Mumbai NCLT invalidated Wadhwa Buildcon's promoter's resolution plan. The resolution professional (RP)'s suspicious conduct and the promoter's willful default status revealed the decision.

By Admin

  • 27th Mar 2024
  • 1361 Views
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