West Bengal govt withdraws temporary relief measures to real estate sector

Mumbai/IBNS: The West Bengal government has withdrawn the temporary relief measures including a two percent reduction in the stamp duty and 10 percent cut in the circle rate earlier granted to the real estate sector, media reports said.

Indian real estate sector likely to register USD 4.8 bn institutional flow of funds in 2020: JLL

Kolkata/UNI:  India’s real estate market attracted USD 235 mn in capital in the third quarter of 2020 (Q3,2020), growing by 52pc quarter-on-quarter (QOQ), according to JLL’s ‘Capital Markets Q3 2020’ report released today.

Central, state government need to step in to save the real estate industry: Jaiswal

Kolkata/IBNS: Laxman Jaiswal, Chairman and Managing Director of Ascon India Infrastructure Limited, a real estate giant of Eastern India, recently outlined the measures that should be adopted to come out of the mess that the real estate sector is in present times, in the last quarter of the financial year and he felt that the measures were urgently needed for an immediate redress.

Real Estate Sector a boon for affordable housing: Laxman Jaiswal

Kolkata, Feb 14 (IBNS): The Union Budget 2018 is a balanced one with focus on affordable housing; but, without any direct impact on the sector, feels Laxman Jaiswal, Chairman & Managing Director,Ascon Infrastructure (India) Ltd.