Top 8 cities Q2 residential sales up 9% y-o-y led by affordable housing: Report


Residential property sales across tier-I cities rose 9% from a year ago led by affordable housing and performance of southern property markets of Bengaluru and Hyderabad. Sales volume in Bengaluru and Hyderabad rose 26% and 24%, respectively, showed data from Liases Foras Real Estate Rating & Research.

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Housing prices may fall after govt moves green norms to the purview of local bodies


Housing prices may fall as project approval is likely to be faster after government's decision to delegate powers to local bodies for compliance of green norms for 20,000 to 50,000 sq-mt projects, CREDAI said recently.

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33,750 Projects, 26,018 Agents have Registered across India under RERA


So far, around 33,750 projects and 26,018 agents have been registered across India under the Real Estate (Regulation and Development) Act, 2016, said Hardeep Singh Puri, Minister of State for Housing and Urban Affairs here on Friday.

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Hyderabad’s Realty Market emerges as a Perfect Destination For The Investors


The realty markets in metropolitan cities, such as Delhi, Kolkata and Mumbai are looking to stabilize their position after facing a tough time, due to the factors like RERA, GST, and demonetization.

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RERA: Centre to hold workshop with home-buyers, builders, banks


For effective implementation of the Real Estate Act, the Housing and Urban Affairs Ministry will hold a day-long workshop for home-buyers, bank representatives, builders and other stakeholders from northern states on November 15, an official said.

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Centre approves construction of 2.15 lakh houses under PMAY-Urban


The housing and urban affairs ministry has recently approved the construction of nearly 2.15 lakh affordable houses for the poor in six states under the Pradhan Mantri Awas Yojna (Urban). According to the ministry, with the sanctioning of 2,15,083 more housing units, the total number of houses being funded under the PMAY(U) across the country would be 62,53,731.

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Bengaluru Sheds Maximum Unsold Housing Stock among 7 big cities: Anarock


Bengaluru has witnessed highest decline in unsold housing stock among seven major cities in the last one year at 25 percent on the back of better sales, according to property consultant Anarock. The unsold housing stock in Bengaluru stood at 76,500 units at the end of July-September quarter (Q3 of 2018 calendar year), down 25 percent from 1,02,740 units in the year-ago period.

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Types of Home Loans in India that you must know about


There are various home loan options offered by national or private banks and non-banking financial companies in India. You need to understand each of the options available to know which one is best for you based upon your need.

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Kolkata tops new housing launches in Q3 of 2018: ANAROCK


The festive season in the metropolis has brought joy in the residential real estate as Kolkata topped in the launching of new houses among the major seven cities of the country in the Q3 period of 2018. "Kolkata saw the launch of nearly 4,050 units.

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Builders to pay compensation for the delay in possession of flat


Most agreements that home buyers sign with the builder mention a compensation clause of Rs 5 per square feet that the builder has to pay for delay in completion of the project. While the amount may be okay for minor delays, it puts consumers at a disadvantage if the housing project is delayed for years.

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