Outlook for realty plunges to a 21-month low in June quarter


The future sentiment of Indian real estate has declined to a 21 month low in the quarter ended June indicating a significant decline in optimism relating to its future performance, a recent survey said.

Read More

Home sales stay flat in Q1, but project launches on the rise


Residential sales across tier I cities witnessed a marginal dip in sales in the first quarter of FY20. However new launches was were up across the top cities during the same period.

Read More

Resolution of realty sector issues soon: Hardeep Puri


The government has assured homebuyers that it is committed to finding ways to resolve their issues and revive stalled projects. Finance minister Nirmala Sitharaman met developers recently, members of real estate regulation authority (RERA) and homebuyers to understand the issues plaguing the sector.

Read More

Homebuyer can't be forced to take possession in the delayed project: SC


A builder cannot “impose” upon a buyer to take possession of a ready house if it is delayed, and the customer is justified in seeking a refund, the Supreme Court has ordered.

Read More

New luxury housing launches in January-June triples in 2 years since demonetization


The government’s focus on affordable housing coupled with the demonetization of high-value currency denominations in November 2016 had taken the sheen off luxury housing for the last two years in a row.

Read More

Know a model tenancy law for tenants and landlords


Whether you are planning to let out your property or find a house on rent, there’s good news in store for you. The recently drafted Model Tenancy Bill, 2019 has proposed a few measures that can address some of the reasons for disputes between tenants and landlords.

Read More

Real estate developers cannot pay EMIs on behalf of home buyers: NHB


Real estate developers will no longer be able to incentivise buyers by paying the latter’s home loan EMIs (equated monthly installments). The National Housing Bank (NHB) has asked mortgage companies to desist from offering loan products that involve servicing of the dues by builders, developers, etc, on behalf of the borrowers.

Read More

Homebuyers in limbo; await possession of residential units worth Rs 1 lakh crore


As many as 1.15 lakh home buyers are in limbo across seven major cities as developers have failed to give possession of units estimated to be worth of Rs 1 lakh crore, property consultant Anarock said. The consultant said that as many as 220 projects equalling 1.74 lakh homes are completely stalled in the top seven cities.

Read More

Property prices have fallen slightly in most major Indian cities in the past year: Report


Slack demand, huge inventories, and stringent regulations have kept home prices low across major Indian cities, says the latest report for the first half of 2019 by real estate research firm Knight Frank.

Read More

Over 20,000 complaints of homebuyers resolved under RERA


Over 20,000 complaints of homebuyers have been resolved till last month under the new central real estate law, the government said recently.

Read More

Hyderabad sees 47% rise in new residential units in H1


Corporates seem to be in a rush to home in on Hyderabad to set up a base as the city clocked a 129% spike in office space completion in the last six months. Residential realty, too, has come up with a 47% increase in units launched and a massive 67% decrease in unsold inventory in this period.

Read More

Top seven cities January-June residential sales up 22% on year: Report


Sale of residential apartments increased by 22 percent on a year-on-year (YoY) basis during the first half of 2019, to 78,247 units across seven major cities in the country, said a JLL report.

Read More

Mumbai among the top 20 most expensive cities in Asia for expatriates: Mercer


Mumbai is India's most expensive city and among the top 20 costliest cities surveyed in Asia for expatriates, as residential housing prices remain among the highest in the world, a survey by global consulting leader Mercer says.

Read More

Union Budget 2019: Affordable housing gets a further boost, liquidity concerns may ease


Finance Minister Nirmala Sitharaman has given a boost to affordable housing with additional tax benefits for first-time homebuyers in the Union Budget for 2019-20. This, along with the proposed rental housing policy, is expected to enhance the housing supply.

Read More

Centre plans to set up a common online platform for RERA of all states, UTs


The Centre has planned to set up a common online platform for the Real Estate Regulatory Authority (RERA) of all states and UTs, a move which will provide an opportunity to home-buyers, builders and authorities to exchange views.

Read More

Can Housing for All by 2022 Become a Reality under Modi 2.0?


Among the many flagship initiatives taken up during Modi 1.0, ‘Housing for All by 2022’ seemed highly ambitious – indeed, over-ambitious – though doubtlessly noble in intent. It certainly struck the right chord, and many of its beneficiaries in India’s

Read More

Golden Gandipet spurs real estate growth around Hyderabad


Gachibowli and Madhapur are passe. Gandipet, Shankarpally, Maheswaram, Shamshabad, Qutubullapur, Ibrahimpatnam and Shadnagar are the new favourites with realty firms and investors.

Read More
1 2 3 4 5 6 7 8

© Copyright 2019 Leads Page Network All rights reserved.