Housing

Corona Outbreak Wrecks Havoc With Realty In Pune, Kolkata

access_timeMarch 30, 2020

New Delhi: The outbreak of the deadly corona virus and the resuatnt lockdown has caused major losses to the realty industry in the entire country, esp...

B'Lore, Hyd, Chennai See Drop Of 45% In Home Sales

access_timeMarch 29, 2020

New Delhi: The sales of residential property in three important South Indian markets of Bengaluru, Hyderabad and Chennai tanked 45 percent in first qu...

Delhi Outweighs Mumbai Residential Realty Market For New Launches In Q1 Of 2020

access_timeMarch 28, 2020

New Delhi: Delhi NCR real estate market saw a decline of only 23 percent in terms of new home launches by developers while Mumbai saw a massive 61 per...

Sales, New Launches Of Homes Tank 42% In Q1 Of 2020

access_timeMarch 26, 2020

New Delhi: Corona virus outbreak has brought the real estate industry down to its knees as sales and new launches tanked 42 percent each in the first...

Completion Of 16 Lakh Under-Construction Houses Jeopardized Due to Covid19

access_timeMarch 24, 2020

  New Delhi: The outbreak of Covid19 has jeopardized the completion of about 16 lakh houses that are under construction in top seven cities of the co...

Godrej Properties Comes Up With Project In Faridabad On 43.61 Acres

access_timeMarch 20, 2020

New Delhi: Mumbai-based Godrej Properties will offer residential plotted development in Faridabad in Delhi NCR on 43.61 acres of land acquired from BP...

Most Senior Citizen Housing Projects In South India

access_timeMarch 19, 2020

New Delhi: India has about 40 housing projects for the senior citizens and 26 of them are in South India, accounting for 65 percent of the overall pro...

Signature Global Obtains Occupancy Certificate For Andour Heights Project

access_timeMarch 12, 2020

New Delhi: Realty firm Signature Global has obtained occupancy certificate for its housing project Andour Heights located in Sector 71, Gurugram.  Wi...

Mere 2% Rise In Houses Prices Expected In 2020: Reuters Poll

access_timeMarch 06, 2020

New Delhi: The residential property market in India is expected to be slow all throughout 2020, according to a Reuters poll of market experts. Proper...

Mumbai Outweighs Delhi In Terms Of Women’s Preference For Buying Property

access_timeMarch 04, 2020

New Delhi: Mumbai has emerged as the first choice in the country for women prospective buyers of property while Delhi is the second preference for the...

About 5,000 Dabbawalas Of Mumbai To Get Houses Under PMAY

access_timeMarch 02, 2020

New Delhi: About 5,000 dabbawalas in Mumbai will get houses for themselves under the Pradhan Mantri Awas Yojana (PMAY). The Maharashtra government pl...

Majority Consider Investment In Realty Safe Now: ANAROCK

access_timeMarch 02, 2020

New Delhi: A majority of people consider investment in real estate a safe option because of various policy interventions like Alternative Investment F...

Godrej Properties Buys 3-acre Land In Mumbai For Residential Project.

access_timeFebruary 28, 2020

New Delhi: Godrej Properties Ltd has purchased a 3-acre land in Mumbai for a housing project. The company will develop the project having a saleable...

Ashiana Housing Ltd’s Area Booking Jumps Two Fold

access_timeFebruary 28, 2020

New Delhi: Ashiana Housing Ltd’s total area booking jumped two fold in the first nine months of the current fiscal as compared to the same period og t...

Mumbai Developers Faster Than Delhi Realty Firms; Average Waiting Time 6.5 years For Home Buyers In the Country

access_timeFebruary 26, 2020

New Delhi: Mumbai realty market is better than that of Delhi NCR in terms of average waiting time for the homebuyers to get their houses which they bo...

Supreme Court Receiver Yet To Get Enough Cash To Hand Over 10 Of The 17 Amrapali Projects: NBCC

access_timeFebruary 24, 2020

New Delhi: While the Supreme Court has handed over 7 of the stuck Amrapali projects to NBCC Ltd for completion, the Supreme Court receiver does not ha...

Godrej Properties Buys 27-acre Land In Delhi For Rs 1,359 Cr

access_timeFebruary 17, 2020

New Delhi: Mumbai-based Godrej Properties has announced it has acquired a 27-acre land in Delhi for Rs 1,359 crore for a luxury housing project. The p...

All 1.12 Cr PMAY Homes To Be Sanctioned By Next Month: Puri

access_timeFebruary 06, 2020

New Delhi: All the remaining 1.12 crore houses under the Pradhan Mantri Awas Yojana (PMAY) will be sanctioned  by the government by next month, said H...

Half Of All Unsold Stock Of Residential Property In 2019 Are Affordable Homes: Proptiger

access_timeFebruary 04, 2020

New Delhi: With all the hype around affordable homes in the country, new data suggests that as much as half of the unsold stock of completed houses in...

Govt Extends Additional Deduction Benefit Of Rs 1.5 Lakh For Affordable Houses By One Year

access_timeFebruary 01, 2020

New Delhi: In an effort to support the ailing real estate sector, Finance Minister Nirmala Sitharaman today increased the limit by one year for avilin...

Mumbai Has More Than Twice The Number Of Luxury Homes Lying Unsold Than Delhi NCR

access_timeJanuary 30, 2020

New Delhi: Mumbai has more than twice the number of luxury properties lying unsold than Delhi NCR at the end of 2019. While the Maximum City has 48,97...

House Launches Drops By More Than Half In 2014-2019 Period; Delhi Worst Hit, Hyd Stand Out

access_timeJanuary 28, 2020

New Delhi: The total launches of houses in the top cities of the country dropped by more than half to just 2.30 lakh units in 2019 as compared to 2014...

Villas No More An Option For Buyers In Mumbai, Kolkata, Pune; Other Cities Too See Declining Trend Of This House Type

access_timeJanuary 25, 2020

New Delhi: Villas are not going out of fashion and fewer launches of this housing type are taking place across the country. Of the 2.37 lakh houses la...

Godrej Properties Starts Sale Of Properties At Iconic RK Studios

access_timeJanuary 24, 2020

New Delhi: Godrej Properties Ltd is starting the sale of properties at RK Studio in Chembur in Mumbai.  On offer will be 3BHK and 4BHK flats in the p...

Major Indian Cities Including Mumbai Record Degrowth In Home Prices In 2019

access_timeJanuary 23, 2020

New Delhi: There is a degrowth in prices of residential property in many parts of the country including the top cities like Mumbai, Kolkata, Chennai a...

Hyderabad Has Maximum Appreciation In Home Prices In India

access_timeJanuary 21, 2020

New Delhi: Hyderabad is the only Indian city among the top 20 globally which has seen apperception in residential real estate prices. It has ranked 1...

HousingForAll.com Now Available In Regional Languages

access_timeJanuary 20, 2020

New Delhi: Residential property website Housingforall.com has now been launched in various vernacular languages of the country so that more and more p...

High Rises Register Highest Ever Share In Overall Housing Projects Launches In 2019

access_timeJanuary 20, 2020

New Delhi: As the population in the country soars and land becomes increasingly scare, the residential projects in the country are getting taller. Out...

‘The Grand Arista’ Obtains Completion Certificate

access_timeJanuary 17, 2020

New Delhi: Housing project ‘The Grand Arista’ by Sunworld Group in Sector 168 in Noida has obtained Completion Certificate for four of its 6 towers ha...

Portal For Housing Projects Launched

access_timeJanuary 14, 2020

New Delhi: To cash in on the current trend of online sales and deep penetration of internet, a portal ‘Housingforall.com’ has been launched today that...

Signature Global To Invest Rs 375 Cr In Affordable Project In Gurugram

access_timeJanuary 11, 2020

New Delhi: Realty player Signature Global will invest Rs 375 crore for development of an affordable housing project in Gurugram. The project 'Signatur...

What Are Your Rights As A Tenant Of Residential Property?

access_timeJanuary 11, 2020

A tenant has some important rights enshrined in law and cannot be taken for granted by the landlord. The tenant has many avenues to approach in case t...

Hyderabad Has Maximum Rental Yield In The Country

access_timeJanuary 10, 2020

New Delhi: Hyderabad continued to be an attractive and promising real estate market and it has emerged as the highest rent yielding city in the countr...

Now, SBI Home Loans Come With Guarantee Of Refund Of Homebuyers' Money If Project Is Delayed

access_timeJanuary 09, 2020

New Delhi: In first offering of its kind by any bank, State Bank of India (SBI) has come out with Residential Builder Finance with Buyer Guarantee (RB...

Hines, Conscient Infra Award Rs 500 Cr Contract To Tata Projects Ltd For Building Their Housing Project

access_timeJanuary 08, 2020

New Delhi: Global real estate player Hines and Indian real estate firm Conscient Infrastructure Pvt Ltd have awarded Rs 500 crore construction contrac...

Home Sales Rise By A Paltry 1% In 2019

access_timeJanuary 07, 2020

New Delhi: The residential real estate market in the top eight cities of the country witnessed a paltry one percent increase in 2019 as compared to 20...

Gujarat, UP, AP Account For 35% Of Completed Houses Under PMAY-U

access_timeJanuary 02, 2020

New Delhi: Gujarat, Uttar Pradesh (UP) and Andhra Pradesh (AP) have taken a lead over other states in the number of houses constructed under Pradhan M...

With Less Than 1% Growth In Home Prices, India Ranks 47th Globally

access_timeDecember 27, 2019

New Delhi: With meager 0.6 percent increase in home prices this year, India has ranked 47th among 56 countries in the Knight Frank Global House Price...

Housing Sales Up 5%, New Supply Jumps 21% In 2019

access_timeDecember 26, 2019

New Delhi: The housing sales went up 5 percent in the top seven cities of the country in 2019 as compared to 2018. The total number of houses sold in...

Sales Of Homes Higher In 2019 By 6% Over 2018

access_timeDecember 23, 2019

New Delhi: Sales of residential property increased six percent in 2019 as compared to 2018. A total of 1.43 lakh houses were sold in 2019 as against 1...

MRG World To Invest Rs 200 Cr In Housing Project In Gurugram

access_timeDecember 23, 2019

New Delhi: MRG World will invest Rs 200 crore in an affordable housing project in  Gurugram. The project ‘Ultimus’ will be spread over 5 acres of land...

Sunteck Realty Sells Luxury Flats Worth Rs 200 Cr

access_timeDecember 18, 2019

New Delhi: Mumbai-based Sunteck Realty Ltd has sold 125 flats worth Rs 200 crore in ‘Sunteck City’ in about three weeks. The project is located at Os...

Price Difference Between Ready To Move And Under Construction Homes Shrinking

access_timeDecember 17, 2019

New Delhi: The difference in prices of ready to move (RTM) and under construction (UC) homes is reducing every year with the difference now just 3-7 p...

Sales Of Homes In 2019 Registers Modest Increase Of 4-5% Over 2018: ANAROCK

access_timeDecember 16, 2019

New Delhi: The sales of residential properties registered a modest increase of 4-5 percent in 2019 as compared to 2018, according to ANAROCK Property...

UPRERA Cancels Registration of Festival City Phase-I in Gautam Buddha Nagar

access_timeDecember 11, 2019

New Delhi: Acting tough on rogue developers, UP-RERA has de-registered real estate project Festival City Phase-I in Gautam Buddha Nagar. The developer...

60% Of Homebuyers Prefer Ready To Move or Near-Completion Properties

access_timeDecember 05, 2019

New Delhi: Poor track of completion of projects by builders had led to around 60 percent of home buyers getting inclined towards those properties whic...

Delhi NCR, Mumbai, Bengaluru Will Get 1.31 Lakh Homes Delivered In Next One Year

access_timeDecember 01, 2019

New Delhi: Delhi NCR, Mumbai and Bengaluru, the three largest real estate markets in the country will see about 1,31,470 homes being completed and del...

1.13 Lakh Affordable Homes To Be Delivered By Next Year In Top Cities: ANAROCK

access_timeNovember 25, 2019

New Delhi: Around 1.13 lakh homes priced less than Rs 40 lakh will be completed and delivered across the top cities of the country by the end of the n...

Signature Global To Invest Rs 380 Cr In Two Affordable Projects In Gurugram

access_timeNovember 17, 2019

New Delhi: Realty player Signature Global plans to invest Rs 380 crore in two residential project in Gurugram in the next four years. The two project...

Govt To Set UP Rs 25,000 Cr Fund For Stuck Housing Projects

access_timeNovember 06, 2019

New Delhi: In a move that can potentially bring significant relief to home buyers in the country, government today announced setting up of an Alternat...

MRG World To Invest Rs 200 Cr In Affordable Housing Project In Gurugram

access_timeNovember 04, 2019

New Delhi: Realty player MRG World will invest Rs 200 crore in its newly launched residential project ‘The Meridian’ at Sector 89, Gurugram. The proj...

Noida, Greater Noida, Ghaziabad See 26% Drop In Unsold Stock Of Housing Units

access_timeNovember 04, 2019

New Delhi: Noida, Greater Noida and Ghaziabad have seen 26 percent decline in unsold stock of residential units in the last two years. The total unso...

New Launches Of Residential Property Nosedives This Festive Season

access_timeNovember 04, 2019

New Delhi: The new launches of residential units have come down to almost half in the festive month of October 2019 (which covered Navratras and Diwal...

Another 2.31 Lakh Houses Approved Under PMAY Scheme

access_timeNovember 02, 2019

New Delhi: Government has approved construction of 2.31 lakh houses under the Pradhan Mantri Awas Yojana (Urban). The total number of houses sanctione...

Signature Global Delivers 824 Units in Gurugram Project

access_timeOctober 30, 2019

New Delhi: Real estate player Signature Global has received occupancy certificate (OC) for its ‘Synera’ project that is located in Sector 81, Gurugram...

Housing Sales In Q3 Tank 17% In Value Terms

access_timeOctober 24, 2019

New Delhi: The value of residential property sold in the third quarter of the current year tanked 17 percent to Rs 42,040 crore as compared to Rs 50,5...

Salarpuria Sattva Group Launches Residential Project In Bengaluru

access_timeOctober 21, 2019

New Delhi: Real estate player Salarpuria Sattva Group has launched a residential project by the name of ‘Salarpuria Sattva Exotic’ in Bengaluru which...

81,300 Unsold Houses Ready For Possession: ANAROCK

access_timeOctober 21, 2019

New Delhi: About 81,300 residential units out of the 6.56 lakh units that are lying unsold in the top 7 cities of the country at the end of third quar...

Unsold Inventory Of Flats In Gurugram, Noida, Greater Noida At 1.09 Units

access_timeOctober 20, 2019

New Delhi: The unsold residential units in Delhi NCR markets like Greater Noida, Noida, and Gurugram stood at about 1.09 lakh In July end 2019. Of thi...

Realty In Shambles! House Prices Lower Now Than In 2013-14 In Delhi, Gurugram

access_timeOctober 11, 2019

New Delhi: The prices of houses in Delhi and Gurugram have gone down since 2013-14. Yes, you read it correct. A house can bought now at lower rate tha...

Faridabad Sees New Launches Of 1,190 Housing Units In Q3 of 2019

access_timeOctober 06, 2019

New Delhi: The number of new launches of housing property in DelhiNCR's Faridabad market stood at 1,190 units in third quarter (Q3) of 2019. There was...

Mumbai Accounts For 67% Share Of New Launches of Homes In Mumbai Metropolitan Region

access_timeOctober 03, 2019

New Delhi: Mumbai Metropolitan Region saw new launches of residential property to the tune of 14,040 units in the third quarter (Q3) of the current ca...

New Launches Of Housing Property In Gurugram Goes Up 75% In Q3 Of 2019

access_timeOctober 03, 2019

New Delhi: Out of the total 5,790 housing units launched in Delhi NCR market in third quarter (Q3) of the current calendar year, the maximum launches...

In A First, Noida Sees No New Supply of Residential Property In An Entire Quarter

access_timeOctober 03, 2019

New Delhi: There has been absolutely no new launch of residential property in Noida, a prime real estate market of the country, in the third quarter (...

Housing Sales Almost Flat In Q3 of 2019: JLL

access_timeOctober 01, 2019

New Delhi: The sales of homes in the country declined one percent in the third quarter (Q3) of the current calendar year as compared to same period of...

Housing Sales Tank By Almost A Fifth In Q3 of 2019

access_timeSeptember 30, 2019

New Delhi: Owing to a general slowdown in the economy and various other factors, the sales of residential property has tanked 18 percent in the third...

Tulip Infratech Launches Housing Project in Gurugram

access_timeSeptember 29, 2019

New Delhi: Realty firm Tulip Infratech is launching a luxury residential project ‘Tulip Leaf’ in Sector 69 of Gurugram, according to a statement. The...

OYO LIFE To Provide Co-Living Options To Students of IIT-Delhi, Plaksha University

access_timeSeptember 27, 2019

New Delhi: Co-living operator OYO LIFE has announced its tie up with IIT-Delhi and Plaksha University in Gurgaon to manage co-staying facilities for t...

Current Shortage Of 4 Cr Homes In The Country: LIC Housing Finance

access_timeSeptember 23, 2019

New Delhi: There shortage of about 4 crore houses in both urban as well as rural parts of the country and various demographic factors could lead to a...

Average Apartment Sizes Goes Down 27% Since 2014: ANAROCK

access_timeSeptember 23, 2019

New Delhi: The average residential property sizes has gone down by over a quarter at 27 percent since 2014 in the top seven cities in the country, acc...

Sunteck Signs JDA For Mixed Use Project With Revenue Potential of Rs 2,500 Cr

access_timeSeptember 21, 2019

New Delhi: Mumbai-based Sunteck Realty has taken over a project in Andheri with potential for development of about 1.1 million sq ft of saleable area...

Ahmedabad Emerges Top Preference For Real Estate Investors

access_timeSeptember 21, 2019

New Delhi: Ahmedabad has emerged at the top choice of real estate investors who are looking to park their funds in tier2 and tier 3 cities in the coun...

Signature Global To Invest Rs 175 Cr In Affordable Housing Project In Gurugram

access_timeSeptember 19, 2019

New Delhi: Real Estate firm Signature Global plans to invest Rs 175 crore in an affordable residential project ‘Signature Orchard Avenue’ in Gurugram,...

How Many Home Buyers Can Benefit From New Stress Fund For Realty Sector?

access_timeSeptember 17, 2019

New Delhi: The recently announced Rs 10,000 stress fund by the government for real estate sector could potentially benefit about 2.5 lakh housing unit...

Chennai Has Fewest Delayed Projects Among Top 7 Cities

access_timeSeptember 16, 2019

New Delhi: Even as the government has announced plans to set-up Rs 10,000 crore fund to help stuck housing projects, Chennai has emerged as the city w...

Will Rs 10,00 Cr Stress Fund Help Home Buyers In Delhi NCR?

access_timeSeptember 15, 2019

New Delhi: The announcement by the government to set up a Rs10,000 crore fund to provide last mile funding to stuck housing projects may come as a sig...

Rs 10,000 Cr Fund To Be Launched To Help Stuck Housing Projects: Nirmala Sitharaman

access_timeSeptember 14, 2019

New Delhi: In a significant move to help the aggrieved home buyers across the country who are waiting to get possession of their houses, the governmen...

County Group Will Invest Rs 300 Cr In Its New Housing Project

access_timeSeptember 13, 2019

New Delhi: Real estate player County Group will invest Rs 300 crore in its new affordable luxury housing project ‘Coco County’ at Greater Noida West i...

Mumbai Most Suited In India For Co-living Model: Knight Frank

access_timeSeptember 10, 2019

New Delhi: Mumbai has emerged as the most likely destination in India where co-living as a concept can succeed, according to a report by real estate c...

Three Most Expensive Residential Micro-Markets In The Country Belong To Mumbai: ANAROCK

access_timeSeptember 09, 2019

New Delhi: All three most expensive primary residential real estate markets belong to Mumbai with Tardeo locality leading the pack with average price...

Delhi NCR Lags Behind Mumbai, Pune In New Residential Supply In Q1FY20: Liases Foras

access_timeSeptember 08, 2019

New Delhi: Delhi NCR, comprising of important sub markets like Gurugram and Noida, has lagged behind Mumbai and even Pune in supply of new residential...

Sale Of Affordable Houses Down & That Of Ultra Luxury Units Up: Liases Foras

access_timeSeptember 06, 2019

New Delhi: With all the recent buzz around affordable housing in the country, latest data shows sales of affordable residential units (priced up to Rs...

Home Prices To Rise By Mere 1 % This Year; 2% in 2020: Reuters Poll

access_timeAugust 28, 2019

New Delhi: Residential property prices are expected to rise by mere 1 percent this year and 2 percent in next, according to recent poll of property ex...

Cheaper Home Loans: PNB And Allahabad Bank To Link Loans With Repo Rate

access_timeAugust 28, 2019

New Delhi: Home loans continue to be become cheaper in the country with Punjab National Bank (PNB) and Allahabad Bank now linking retail loans with th...

Signature Global To Invest Rs 200 Cr in Affordable Housing Project In Gurugram

access_timeAugust 27, 2019

New Delhi: Real estate player Signature Global will invest Rs 200 crore in a span of four years for the development of an affordable housing project i...

Embassy Group To Foray Into Co-living Business, Plans 1 Lakh Beds In 5 Yrs

access_timeAugust 26, 2019

New Delhi: The trend of realty firms foraying into co-living business continue unabated with the latest to join the band wagon being Embassy Group whi...

Realty Heavyweight Brigade Group Plans Foray Into Co-living Biz

access_timeAugust 26, 2019

New Delhi: Bengaluru-based Brigade Enterprises plans to foray in the lucrative co-living business and has zeroed in on its flagship mixed used project...

Noida Has Unsold Housing Units Worth Rs 18,380 Cr: Report

access_timeAugust 23, 2019

New Delhi: Noida has unsold housing stock of 20,860 units that are worth Rs 18,380 crore and it will take 37 months for this stock to get cleared, say...

Delhi NCR Will Take 44 Months To Clear Current Stock Of Unsold Housing Property: ANAROCK

access_timeAugust 22, 2019

New Delhi: The unsold property overhang in Delhi NCR has come to 44 months in second quarter (Q2) of the 2019 as compared to 65 months in the same per...

Home Prices Likely To Fall With Ban On Subvention Schemes

access_timeAugust 22, 2019

New Delhi: Those looking to buy homes for themselves in the next few months are likely to benefit from a cut in property prices. The recent move by Na...

About 4 Lakh Affordable Homes Lying Unsold In Major Cities: PropTiger.com

access_timeAugust 19, 2019

New Delhi: The number of affordable homes lying unsold in country’s major cities at the end of June 2019 was a staggering 4 lakh units priced up to Rs...

Co-living Industry Likely To Touch Rs 99,700 Cr Mark By 2023: Report

access_timeAugust 19, 2019

New Delhi: The market size for co-living industry in India is expected to touch Rs 99,700 crore mark by 2023 from Rs 45,800 crore in 2018, representin...

LIC Housing Finance Gross NPA Doubles In March 2019

access_timeAugust 17, 2019

New Delhi: LIC Housing Finance Corporation’s gross non-performing assets (NPAs) have more than doubled for the 2018-19 fiscal at Rs 2,971.69 crore as...

Gross NPAs Of Housing Finance Companies For Home Loans Segment To Increase In FY20

access_timeAugust 16, 2019

New Delhi: The non performing assets (NPAs) of housing finance comapneis (HFCs) for home loan segment are expected to increase to 1.1 – 1.3 percent ov...

Sobha Ltd launches GIFT City's First Residential Project

access_timeAugust 13, 2019

New Delhi: Bengaluru-based realty player Sobha Ltd has launched ‘SOBHA Dream Heights’, the first residential project of Gujarat International Finance...

Home Prices Unlikely To Rise In Next Six Months: Survey

access_timeAugust 13, 2019

New Delhi: Prices of residential property are unlikely to appreciate in the next six months in the country, said 75 percent of the real estate develop...

Signature Sattva Infratech To Invest Rs 500 Cr in Housing Project In Rajasthan

access_timeAugust 12, 2019

New Delhi: Realty player Signature Sattva Infratech plans to invest Rs 500 crore to develop a housing project in Alwar, Rajasthan over the next four y...

This Bank Is Paying Money To Customers For Taking Home Loans! Loans Being Offered at Negative 0.5 % Interest Rate

access_timeAugust 12, 2019

New Delhi: A bank in Denmark-Jyske Bank- is offering home loans at negative 0.5 (-0.5) percent, which basically means it is paying its customers to bo...

Home Loan EMIs May Go Down Further In Oct-Nov

access_timeAugust 10, 2019

New Delhi: The EMIs for home loans are already headed southwards in the county and many go down further in the next 2-3 months. The Reserve Bank Of In...

Delhi-NCR Continues To Lag Behind Hyderabad In Launch Of Ultra-Luxury Homes

access_timeAugust 09, 2019

New Delhi: In an emerging trend in recent years, Delhi NCR is lagging behind Hyderabad in the launch of ultra-luxury housing units. The number of laun...

Luxury Housing Launches Triples In 2 Years Since DeMo: ANAROCK

access_timeAugust 08, 2019

New Delhi: The number of launch of luxury housing units costing above Rs 1.5 crore tripled in first half (H1) of 2019 as compared to H1 of 2017, the p...

Home Loans From SBI To Get Cheaper, MCLR Cut By 15 Basis Points

access_timeAugust 07, 2019

New Delhi: Within hours of Monitory Policy Committee (MPC) reducing Repo Rate today, country’s largest lender SBI announced a cut of 15 basis points i...

Thapar Builders Gets Completion Certificate For Ghaziabad Project

access_timeAugust 07, 2019

New Delhi: Thapar Builders has received completion certificate for its residential real estate project ‘The Arthah’ earlier this month, it said in a s...

Residential Real Estate Market To Double by 2030: CREDAI-CBRE Report

access_timeAugust 06, 2019

New Delhi: The residential real estate in India can potentially double from the current stock of 15 lakh units to 30 lakh units by 2030 in the key cit...

2 Trillion USD Needed To Meet Housing Shortfall Of 11 cr Houses: NAREDCO

access_timeJuly 29, 2019

New Delhi: An investment of 2 trillion USD till 2022 is needed to meet the housing shortfall of 11 crore housing units, the National Real Estate Devel...

Provident Housing Emerges Top Brand For Affordable Homes In Knight Frank-RICS Survey

access_timeJuly 29, 2019

New Delhi: Bengaluru-based Provident Housing, a subsidiary of Puravankara Ltd, has emerged as topmost affordable housing brand in the country as perce...

Loans To Real Estate Sector BY NBFCs Halves in FY19: JLL

access_timeJuly 27, 2019

New Delhi:Net disbursals by Non-Banking Financial Companies(NBFCs)/Housing Finance Companies (HFCs) to real estate developers dropped by almost half f...

NBCC To Get 8% Fee For Amrapali Projects

access_timeJuly 25, 2019

New Delhi: Public sector undertaking (PSU) NBCC’s commission has been fixed at eight percent for construction the stalled real estate projects of Amra...

1.74 Lakh Homes In 220 Projects Stalled In Top 7 Cities: ANAROCK

access_timeJuly 25, 2019

New Delhi: Over 1.74 houses are stuck in 220 stalled real estate projects that have been launched in 2013 or before in top seven cities of the country...

Oberoi Realty Net Profit Down 50% at Rs 152 Cr For Q1FY20

access_timeJuly 25, 2019

New Delhi: Mumbai-based Oberoi Realty recorded a 50 percent decline in its net profit at Rs 152.07 crore for the first quarter ended June 2019 as comp...

Housing Sales Fall 11% in 9 Cities in June Quarter: Proptiger

access_timeJuly 23, 2019

New Delhi: Housing sales declined 11 percent to 72,000 units while new housing supply fell 47 percent to 37,852 units in April-June quarter in the top...

Luxury Housing Back on Track with NRI Investors

access_timeJuly 19, 2019

Luxury Housing Back on Track with NRI Investors     ---By Shajai Jacob, CEO - GCC (Middle East) ANAROCK Property Consultants     The Indian luxury...

Smart and Automated Homes – The Way Forward for Sustainable Living

access_timeJuly 15, 2019

Smart and Automated Homes – The Way Forward for Sustainable Living ---By Ashish R. Puravankara, Managing Director, Puravankara Ltd. In 1923, Swiss-F...

Arihant Superstructures Wins Award For Affordable Housing

access_timeJuly 10, 2019

New Delhi: Realty firm Arihant Superstructure Ltd has been awarded with the prestigious ‘Developer of the Year – Affordable Housing’ for 2019, by ZEE...

Housing Sales Drop 13 Percent In Q2, 2019

access_timeJuly 09, 2019

New Delhi: Housing sales in the top seven cities of the country declined by 13 percent in the second quarter (April-June) of 2019 at 68,600 units as c...

Real Estate Industry Excited After Union Budget

access_timeJuly 07, 2019

The real estate consultants and players are excited about the Union Budget 2019-20 Announcements and expect the industry will get help from the provis...

Real Estate Developers Across India Hail Union Budget Provisions

access_timeJuly 07, 2019

The Union Budget 2019-20 announcements have been lauded by the real estate developers spread across the country who think there will be all-round deve...

Delhi-NCR Based Realty Developers Welcome Union Budget Announcements

access_timeJuly 07, 2019

Real Estate developers in Delhi NCR have largely welcomed the Union Budget announcements and said there that will be immediate benefit to the sector....

Union Budget: Govt To Undertake Reforms To Promote Rental Housing

access_timeJuly 06, 2019

Aimed at providing vivacity to the housing sector, the Finance Minister Nirmala Sitharaman announced in the Union Budget 2019-20 that measures would b...

BSE Realty Index Down 3.6 % After Budget Announcements

access_timeJuly 05, 2019

The BSE Realty Index closed 81 points or 3.6 percent lower today after the Union Budget was presented by Finance Minister Nirmala Sitharaman in Parlia...

Union Budget: Govt Announces Booster Dose For Rural Roads, Other Infra

access_timeJuly 05, 2019

  In order to boost infrastructure in the rural areas, Government plans to upgrade 1,25,000 kms of road length with an expected cost of Rs 80, 250 cr...

Interest Deduction Limit Hiked By Rs 1.5 lakh For Affordable Houses

access_timeJuly 05, 2019

With a view to boost housing sector, the government today hiked the interest deduction limit for home buyers to Rs 3.5 lakh per annum from Rs 2 lakh p...

Godrej Properties raises Rs 2,100 cr equity capital through QIP route

access_timeJuly 03, 2019

Godrej Properties on Saturday said it has raised ₹ 2,100 crore by issuing equity shares to qualified institutional buyers (QIBs). The QIP committee...

Real Estate Companies Unfair In Charging High Penalty From Buyers: Court

access_timeJune 27, 2019

Real estate developers pay a penalty of mere 1.5 percent in delay of delivery of properties while they charge 18 percent from buyers when they are lat...

NIFTY Realty Index Gives Massive Returns In 2019 So Far

access_timeJune 26, 2019

The NIFTY Realty Index has given a return of 19 percent in 2019 so far on the back of better-than-expected sales of real estate developers. The NIFTY...

Govt Not To Help Ailing Real Estate Companies: Minister

access_timeJune 26, 2019

The Government has ruled out lending a helping hand to the real estate industry which has been battered by sluggish sales and rising inventory levels....

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