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property sales News
Housing sales bookings of top 9 listed realty firms up 2% at nearly Rs 5,800 cr
Tue, Feb 18, 2020
The sales bookings of top 9 listed real estate developers has hiked 2 per cent to nearly Rs 5,800 crore during the third quarter.
NPA pain forces these lenders to ensure property sales zoom, even offer home loans
Sun, Apr 01, 2018
According to a report by property consultant JLL, as many as 440,000 residential units remained unsold across key cities at the end of 2017. The number of unsold ready-to-move-in homes is estimated at 34,700 in the top seven metros of Mumbai, Delhi-NCR, Chennai, Hyderabad, Pune, Bengaluru and Kolkata.
RERA, garbage crisis force home sales in Mumbai region to drop 8%
Wed, Jul 05, 2017
Knight Frank India, in its report said that the reason for this fall in new property launches in RERA compliance and garbage crisis in the city. The Bombay High Court has stayed permissions to new projects over saturation of dumping grounds in Mumbai. It also said, "RERA compliance also deterred builders from marketing their projects, thereby impacting residential sales."
Gurugram likely to slash property circle rate by 5% in FY18 to boost real estate business
Wed, Apr 05, 2017
To boost real estate market of the city, Gurugram's district administration has suggested to reduce its property circle rate by 5% in FY18.