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Vandana Ramnani

A journalist with more than 20 years, I write about real estate, regulatory and urban issues

Articles by Vandana Ramnani

RBI's decision to cut interest rates by 25 bps expected to boost housing demand

RBI's decision to cut interest rates is poised to enhance homebuyers' affordability. Coupled with tax cuts in Budget 2025, move to boost housing demand

RBI's announcement of an interest rate cut is expected to reduce EMIs for existing buyers and boost overall housing demand
Published on Feb 07, 2025 11:14 AM IST

Can homebuyers get a refund of the flat booking amount after cancelling it?

The Supreme Court has held that a real estate developer cannot deduct more than 10% of the basic sale price of a flat if a buyer decides to cancel the booking 

In a major relief to homebuyers, the Supreme Court has said that real estate developers cannot deduct more than 10 per cent of the basic sale price of an apartment if a buyer decides to cancel the booking. (Representational photo)(HT Archive)
Updated on Feb 06, 2025 03:29 PM IST

What Budget 2025 means for homebuyers: More money in hand to boost real estate

The removal of conditions for holding two self-occupied properties in Budget 2025 without any tax implications expected to spur fresh real estate investments 

To boost disposable income and increase affordability for middle-class homebuyers, the Finance Minister on February 1 increased the income tax exemption limit to <span class='webrupee'>₹</span>12 lakh under the new regime. (Representational photo)(Istock)
Updated on Feb 02, 2025 01:30 PM IST

Real Estate Sector's Expectations from Budget 2025

The real estate sector hopes Budget 2025 will prioritize affordable housing and incentivise developers to build budget-friendly homes.

The real estate sector hopes that Budget 2025 will prioritize affordable housing and provide incentives for developers to build budget-friendly homes. (Representational photo)(Pixabay)
Published on Feb 01, 2025 09:53 AM IST

Will affordable housing subsidies be revived in Budget 2025?

Real estate experts urge the govt to revive affordable housing initiatives and increase tax rebates to support the middle class in Union Budget 2025

With Budget 2025 just a few hours away, real estate experts are urging urgent reforms to boost affordable housing and enhance homeownership for the middle class. (Representational photo)(FILE PHOTO)
Published on Feb 01, 2025 08:18 AM IST

DLF Dahlias: Realty major sells premium flats like hot cakes

DLF has sold 173 ultra-luxury apartments in its new project, The Dahlias, for ₹11,816 crore in nearly nine weeks. Two penthouses sold for ₹150 crore each

DLF’ has sold 173 ultra-luxury apartments in its new project, The Dahlias, the yet-to-be-launched condominiums in Gurugram, for almost <span class='webrupee'>₹</span>11,816 crore in nearly nine weeks.(DLF)
Published on Jan 27, 2025 07:04 PM IST

Los Angeles wildfires: Why Indian homeowners should insure their properties

From details of kitchen appliances, mobile IMEI and laptop serial numbers, all details should be shared with the home insurer to expedite the claims process

Media reports have said that wildfires impacted California’s wealthiest neighbourhoods, including homes owned by Hollywood stars around Santa Monica and Malibu, affecting areas with a median home value over $2 million. (Photo for representational purposes only)(Agustin Paullier/AFP)
Published on Jan 17, 2025 10:13 AM IST

Real estate 2025 outlook: Will house prices go up this year?

The housing market is likely to record a moderate single-digit price rise in 2025. Few peripheral locations may see increase in prices, say real estate experts

The housing market is likely to record a moderate single-digit price increase in 2025 compared to the average double-digit growth of 21% witnessed last year. (Representational photo)(Pixabay)
Updated on Jan 03, 2025 08:04 AM IST

Real estate outlook: Should you rent or buy property in 2025?

Before deciding to buy property in 2025, homebuyers should estimate the total cost of ownership, including stamp duty and registration charges

Should you rent or buy property in 2025? Before rushing to buy an apartment, homebuyers should consider their budget and the availability of ready finance (Photo for representational purposes only)(Pixabay)
Updated on Jan 02, 2025 08:06 AM IST

Real estate 2024: Did Delhi-NCR overtake Mumbai in the luxury housing segment?

The appetite for luxury properties remained strong throughout 2024. Several property transactions worth ₹100 cr were sealed in Mumbai, Gurugram, and Delhi 

The appetite for ultra-luxury real estate remained strong across Delhi-NCR and Mumbai in 2024. (Picture for representational purposes only)(Shutterstock)
Updated on Dec 23, 2024 07:36 AM IST

Here’s why Noida and Greater Noida are warming up to a gastronomical experience

Real estate developers also incentivise popular restaurant brands to open branches in new complexes by spending on capex or offering ‘bouquet’ deals.

Restaurant brands popular in Noida and Delhi are expanding to multiple locations in Noida and Greater Noida to cater to the taste buds of the growing population. (Representational photo)(HT Photo)
Published on Dec 20, 2024 09:22 AM IST

All about Noida International Airport's impact on real estate markets

The successful flight validation test at Noida International Airport signals a shift for the real estate projects coming up along the Yamuna Expressway

The successful flight validation test at Noida International Airport signals a shift for the real estate projects coming up along the Yamuna Expressway. (HT Archive) (Sunil Ghosh/HT Photo) (Representational image)
Updated on Dec 17, 2024 09:05 AM IST

HDFC Bank leases 4 lakh sq ft in Mindspace Business Parks tower in Navi Mumbai

HDFC Bank has leased an 8-storey building with an area of 4.16 lakh sq ft from Mindspace Business Parks in Navi Mumbai

HDFC Bank leases 4 lakh sq ft in Mindspace Business Parks tower in Navi Mumbai for 10 years. (Representational photo) (REUTERS)
Updated on Dec 11, 2024 09:35 AM IST

10 reasons why DLF’s Camellias is a coveted address in Gurugram

Here’s what makes DLF’s ultra-luxury real estate project Camellias in Gurugram the most prime address and now perhaps the most expensive pin code in the country

DLF's project, The Camellias in Gurugram, is spread across 17.5 acres of land, and living there is like living in a 7-star hotel 365 days, 24 hours a day. (DLF)
Updated on Dec 08, 2024 09:28 PM IST

Boost availability of land to provide habitation to the young mobile population

Srinivas Katikithala, secretary, MoHUA, said on Dec 4 that the need of the hour is to move from housing to habitation, from owned assets to sharing and rentals

Srinivas Katikithala, secretary, Ministry of Housing and Urban Affairs, said on December 4 that there is a need to ponder on how habitation can be made available to people, youth, especially on a real-time basis, on a need basis.
Published on Dec 04, 2024 08:56 PM IST

Year-end 2024: Luxury homes top investment choice of the rich

In 2024, the real estate market in India saw a shift towards luxury properties, with demand skyrocketing for homes priced between ₹10 crore and ₹80 crore. 

The year 2024 was marked by luxury living. The launches of housing projects worth <span class='webrupee'>₹</span>10 crore to almost <span class='webrupee'>₹</span>80 crore made one thing clear - that demand was skewed towards luxury and ultra-luxury homes. (Picture for representational purposes only)(Pixabay)
Published on Dec 04, 2024 08:39 AM IST

Why do South Indian cities command 60% share of the senior living realty market?

Senior living projects often command premium prices. Almost 81% of launched senior living housing units are priced between ₹50 lakh to 1 crore. 

South Indian cities such as Chennai, Coimbatore and Bengaluru have emerged as the epicenter of the country's senior living boom, commanding almost 60% of the market share of the overall 20,000 housing units. (Representational photo)(Pixabay)
Updated on Nov 30, 2024 08:36 PM IST

Post Donald Trump’s win, India to become largest realty hub for Trump Towers

After Mumbai, Pune and Gurugram, Trump Towers to now set foot in Noida, Bengaluru and Hyderabad. Trump Junior and Eric Trump likely to visit India in early 2025

After Donald Trump's historic win in US elections 2024, India is expected to become the largest real estate hub for Trump Towers outside of the United States. (Pratham Gokhale/HT Photo)
Published on Nov 10, 2024 11:51 AM IST

Buyers in possession of plot, flat or building must be given ownership: IBBI

Thousands of buyers who have been waiting for registration of their real estate units are likely to be benefited if the IBBI proposals are adopted, say experts

The Insolvency and Bankruptcy Board of India (IBBI) has proposed reforms to streamline the insolvency process for real estate companies and enhance protection for homebuyers. (Representational photo)
Published on Nov 08, 2024 08:49 AM IST

Donald Trump offered advice to Indian real estate partner, this is what he said

Kalpesh Mehta of Tribeca Developers, licensed partner of the Trump Organization in India, says will announce six new Trump Tower projects soon

Kalpesh Mehta, founder of Tribeca Developers, the licensed partner of the Trump Organisation in India with Donald Trump and Donald John Trump Jr.
Published on Nov 06, 2024 08:04 PM IST

Here’s why Bollywood stars invest in residential and commercial real estate

Real estate experts say that most Bollywood stars such as Amitabh Bachchan, Aryan Khan among others buy property either for investment or emotional reasons

Several Bollywood stars such as Amitabh Bachchan and Abhishek Bachchan have been in the news for buying apartments across luxury projects in Mumbai. (Representative photo) (ANI Photo)
Updated on Nov 09, 2024 02:50 PM IST

KKR India CEO Gaurav Trehan buys luxury apartment for 88 crore in Mumbai

The Mumbai flat is spread over an area of 5381 sq ft. The per sq ft price is ₹1.63 lakh, making it one of the costliest property transactions in the country

KKR India CEO Gaurav Trehan has bought a sea view luxury apartment in Morena House project in Carmichael Road, South Mumbai, for <span class='webrupee'>₹</span>88 crore from JSW Realty, documents accessed by Zapkey showed. (Representational photo)(Pexels)
Published on Nov 04, 2024 07:18 PM IST

New Noida registration rules while buying an apartment: What buyers should know

How will the new rules help you as a flat owner, what is the legal standpoint and other important points explained

To protect home buyers purchasing new projects in Noida, the Noida Authority has now made it mandatory that a tripartite ‘sale agreement’ be signed between the buyer, builder, and Noida Authority as soon as the buyer pays 10% of the property cost to the developer. (Sunil Ghosh/HT Photo) (Representative photo)(HT Archive)
Updated on Nov 07, 2024 02:14 PM IST

Homebuyers demand realty sector specific rules under Consumer Protection Act

Homebuyers' body FPCE said there is an urgent need to issue guidelines to ensure that builders do not hand over projects without completion of all amenities

Homebuyers' body FPCE has written to the ministry of consumer affairs and demanded that it frame specific guidelines for the real estate sector to curb unfair trade practices and protect consumers' interests. (Representative photo) (HT Photo)
Updated on Oct 21, 2024 09:14 AM IST

India Canada row: Canadian investments in India's real estate sector intact

Institutional investors from Canada, along with its various partners, have invested close to $9 billion into Indian real estate, said an expert

Institutional investors from Canada, along with its various partners, have invested close to $9 billion into Indian real estate, according to ANAROCK Capital. (Representational photo) (Shutterstock)
Published on Oct 20, 2024 07:12 PM IST

DLF’s new project in Gurugram to have apartments priced at 80 crore

DLF is expected to launch around 400 bare shell ultra luxury housing units with prices starting at ₹80,000 per sq ft, sources said

DLF Ltd is expected to launch the country’s most expensive uber luxury real estate project comprising more than 400 super luxury apartments in Gurugram with the starting price expected to be around <span class='webrupee'>₹</span>80 crore (Representational photo)(Pixabay)
Published on Oct 10, 2024 02:31 PM IST

NCR-based Gaurs Group restructuring the company to launch an IPO

Gaurs Group is looking to generate funds for construction of a 5 mn sq ft commercial project in Noida for which it had acquired 18 acres of land in Sector 129

NCR-based Gaurs Group is restructuring the company to launch its Initial Public Offering (IPO) to generate funds for construction of a 5 mn sq ft commercial project in Noida and new acquisitions.
Published on Oct 09, 2024 11:14 PM IST

RBI Monetary Policy: No impact on home loan EMIs as repo rate kept unchanged

RBI’s decision to keep repo rates unchanged at 6.5% to enable the housing market to maintain sales momentum during the festive season, say real estate experts

The Reserve Bank of India’s decision to keep repo rates unchanged at 6.5% for the 10th consecutive time will help the housing market to maintain momentum during the festive season. (HT Archive)
Published on Oct 09, 2024 10:42 AM IST

Buying a house in Navratri 2024? Developers dole out offers, discounts absent

Realtors this festive season are mostly offering incentives in the affordable and mid segments where sales remained tepid in Q3 2024 to sweeten the deal.

It may not be raining discounts this Navratri 2024 but a few real estate developers are offering some payment plan schemes, apart from the usual gifts, such as a gold coin, phones, modular kitchens and international holidays.(Instagram)
Published on Oct 08, 2024 08:40 AM IST

RERA update: UPRERA passes 5 orders to safeguard home buyers’ interests

UPRERA has warned developers against offering ‘conditional' possession to homebuyers, saying flats should be handed over only after all amenities are ready

The Uttar Pradesh Real Estate Regulatory Authority has passed several orders over the last few weeks to protect the interests of homebuyers.
Published on Oct 01, 2024 01:11 PM IST
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