Page 2 - Housing Demand

PNB Housing Sept qtr net down 25% to Rs 235 cr even as housing demand rises

Consolidated interest income drops to Rs 1,500 cr from Rs 1,960 cr in the same quarter last year. NII down 23% to Rs 503 cr

Indiabulls realty arm's sales double to Rs 874 crore in H1FY22

According to an investors presentation, new sales stood at Rs 874 crore in the first half of this fiscal year from Rs 368 crore in the corresponding period of the previous year

Prestige group Q2 sales bookings up 88% to Rs 2,111.9 crore

Real estate firm Prestige Estates Projects Ltd on Monday reported an 88 per cent year-on-year growth in its sales bookings at Rs 2,111.9 crore for the quarter ending September on better housing demand

Oberoi Realty Q2 sales bookings jump over 2-fold to Rs 828.52 crore

Oberoi Realty Ltd on Thursday reported over two-fold jump in its sales bookings at Rs 828.52 crore for the quarter ended September on improved housing demand driven by low mortgage rates

Housing demand to rise on SBI's decision to offer loan at 6.7%: Realtors

India's residential property market is expected to witness a strong consumer demand during the festival season with various banks

Macrotech Developers to meet Rs 9,000-cr property sales target in FY22

The company's sales bookings stood at Rs 5,970 crore last fiscal year

It's the best time to buy a house for your own use, say analysts

Chances of realty prices declining further are slim

For realty developers, confidence builds on pent-up housing demand

Low interest rates, tax sops may encourage buyers

Housing sales in October-December jump 25% across seven cities

The rise was helped by pent up and festive demand, according to data analytic firm PropEquity

Realtors' body CREDAI seeks tax sops in Budget to boost housing demand

CREDAI suggested government to increase tax exemptions in upcoming Budget to boost housing demand and enhance limit of deduction under section 80C of income tax for principal repayment on home loans

Early Diwali for homebuyers: RBI move to reduce rates, boost realty demand

The decision to rationalise risk weights woule particularly benefit borrowers of higher value loans

Maharashtra stamp duty cut will do little in boosting demand: Ind-Ra

Ind-Ra said the residential real estate's volume and price growth are closely integrated with the GDP growth rate

Covid-19 crisis: In 2020, housing launches fell below demonetisation levels

At 42,000, new housing units launched during the period in the top seven urban clusters (NCR, MMR, Pune, Bengaluru, Kolkata, Chennai, and Hyderabad) fell even lower than post-demonetisation period

Housing prices up 9% in one year across 9 cities despite demand slowdown

According to the data, Hyderabad saw the maximum increase of 9 per cent in basic selling price to Rs 5,434 per sq ft

Budget 2020: Housing demand may feel squeeze despite sops, say experts

Knight Frank's Baijal said unless demand picks up across all price segments, there won't be any real recovery in real estate

Housing demand fell 22% in H2 2019 amid slowdown in real estate market

Overall sales during 2019, however, inched up while new launches grew 21 per cent year-on-year

Demand for residential space in Delhi grew just 2% in 2019: Report

Out of the 12 cities surveyed, 10 residential markets have shown positive market dynamics in the last quarter of the year, Magicbricks's PropIndex Report Q4 2019 said

Rise in demand for affordable homes boosts housing sales 6% in NCR in 2019

Prices in Delhi-NCR remained stagnant at nearly Rs 4,600 per sq ft, while unsold inventories fell by 6 per cent to 1,75,079 units from 1,86,714 units

Housing sales up 6% in 9 top cities during Apr-Jun, Bengaluru leads: Report

The nine cities included in the study are Gurugram, Noida, Mumbai, Kolkata, Pune, Hyderabad, Bengaluru, Thane and Chennai

Housing demand not likely to improve in 12-18 months: Crisil

According to Crisil, high property prices have turned end-users into fence-sitters in most micro markets