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Realty sector News
Buyers waiting for price correction, discounts to buy homes
Fri, Jun 12, 2020
Veteran bankers, including HDFC Chairman Deepak Parekh and Kotak Mahindra Bank Executive Vice-Chairman and MD Uday Kotak, had also pointed out that developers should sell off inventories by lowering property prices.
Window for stalled housing projects to open in 2 months: DEA
Sat, Nov 30, 2019
The Centre had announced a Rs 25,000 crore stimulus package for the ailing real estate sector earlier this month. Finance Minister Nirmala Sitharaman had announced that the government plans to give impetus to the housing market to revive over 1600 stalled housing projects covering 4.58 lakh units.
Hong Kong's Risland enters Indian realty market
Tue, Jun 11, 2019
The construction work has already started and the project would be ready for possession in November 2021. The construction contract has been awarded to CCTEB India (China Construction Third Engineering Bureau).
Investment in realty sector rises 7 pct in Jan-Mar to Rs 17,682 cr: Report
Thu, May 02, 2019
Indian real estate sector attracted investment of Rs 17,682 crore in the January-March period, highest quarterly funding since 2008, on strong inflows from foreign investors in commercial assets, according to property consultant Cushman & Wakefield.
Singapore first-quarter home prices fall most since 2016, luxury hardest hit
Mon, Apr 01, 2019
They also unveiled stricter guidelines on the maximum number of units in new blocks of private flats and condominiums to tackle the development of so-called "shoebox units".
Real Estate: Know the ideal location for best returns on property investment in Mumbai
Fri, Mar 29, 2019
Andheri East itself has transformed into a corporate hub and the Andheri-Malad region is gradually emerging as a new commercial district with a number of offices and hotels under construction.
RBI rate cut: Big relief to realty sector - How it will help homebuyers
Fri, Feb 08, 2019
An interest rate is one of the important factors that one looks at while buying a home as loan equated monthly installments (EMI) depend on that.
Housing sales up in 2018 in 9 major cities, but new supply falls 22%; Here's why
Mon, Jan 14, 2019
The realty sector is currently on the upswing, primarily for ready-to-move housing units or the projects that are nearing competition due to low-risk factors attached to them, he added. "2019 is going to be a watershed moment for the Indian real estate sector. We are witnessing solid demand for ready-to-move and nearing completion projects, which primarily cater to end-users," Jasuja said.
Budget 2018: Realty sector has long-list of demand from FM
Sat, Jan 20, 2018
Sector players say that the issues such as granting of industry status to the sector, single window clearance will help gain momentum
Realty sector eyes lower GST, infra status
Sun, Jan 14, 2018
Industry players expect rationalisation of the GST rates from the current 12% to 6%
Real Estate: 7 charts shows festive season has no impact on demand; Q4FY16 was at five-year low
Mon, Sep 25, 2017
This festive season could see an increase in demand because developers are now offering lot of freebies and discounts to clear their earlier stock as well as selectively launching new projects.
New home launches drop by 22% in eight cities in Q2FY17; Kolkata worst performer
Mon, Jul 17, 2017
Planning to invest in realty? Here's bonanza for home loan customers under RERA
Wed, May 03, 2017
With RERA coming into effect, the sector is likely to witness a revival with the demand picking up.
Govt issues Draft of Real Estate rules, seek public comments
Fri, Jun 24, 2016
The Government on Friday has issued Draft of Real Estate rules, said a media report. The Ministry of Housing and Poverty Alleviation has uploaded Draft Real Estate Rules in its website for public comments. The comments by public are sought in two weeks.
There's bad news if you are planning to buy a house in Mumbai
Mon, May 09, 2016
Though a 6-7% increase was estimated in 2015, in reality, it rose only 3.3%.