Page 2 - Housing Market

Housing market to cross pre-note ban level in 2023, says report

Starting 2021, the market is set to witness a healthy double-digit growth rate over the next three years

Mumbai leads housing market recovery in Q1; new launches rise 33%

The latest data from Knight Frank shows that property registration in the largest market - Mumbai Metropolitan Region - hit a decadal high in July

Covid crimps budget housing market as consumers cut down on expenses

Data shows the share of affordable homes in the overall new launches in the top seven metros fell sharply since the Covid-19 pandemic upended lives in India

Over 80% potential customers to buy homes if states cut stamp duty: Survey

Over 80 per cent prospective homebuyers may consider buying a house if stamp duty is lowered by states, according to a survey by realty portal Magicbricks.

India ranks at the bottom of global house price index

While the local housing market was already struggling to attract enough buyers, the current crises have resulted in a fall in average home rates by 1.6 percent dragging India's ranking by 12 positions

Expect complete recovery in residential realty only in 2024: Crisil

Better affordability, sustained WFH will spike demand in top six cities this fiscal. But Mumbai and Pune may see contraction due to the higher base of last fiscal

Study analyses home loan trends to find affordable housing is Covid proof

About 60% of sales by value, 90% by volume were driven by affordable segment, for which less than Rs 35 lakh of loans each were taken

Housing revival to boost economic sentiment: FM Nirmala Sitharaman

SWAMIH Fund to benefit 116,000 home buyers, help banks and NBFCs grow

Coronavirus: Singapore's hot housing market faces risk of cooling curbs

Driven by low interest rates, confidence in property's long-term safety and a fear of missing out, the boom is putting buyers increasingly at odds with the government

Realty revival to push PVC pipe sales, prop Supreme Industries stock

Strong demand for plastic pipes, higher value-add mix drive earnings upgrade

Lenders to consider Videocon promoters' application for debt resolution

If the lenders agree to the proposal made by VIL's promoters, then it will be one of the first big ticket debt resolution by the lenders via Section 12A of the IBC

Mumbai's Mulund offers premium living with strong social infrastructure

Mulund has developed as an ideal destination for those who want to be a part of the city's hustle-bustle

Housing market down but commercial real estate came out strong in 2019

Consultants and developers say next year is also going to be bad for home developers - prices are expected to remain stagnant and sales to move only slowly

Rate cuts not enough to boost liquidity-starved housing market: Poll

The government's own assessment is that the lack of available credit is the worst in over 70 years

Good for tenants and owners: Model Tenancy Act takes checks most boxes

Sitharaman had also highlighted that the current rental laws are archaic, as they do not address the relationship between the lessor and the lessee realistically and fairly

Despite rate cuts, India's moribund housing market stuck in low gear: Poll

House prices are expected to rise 2.5% next year and 3.8% in 2021, well below the projected pace of consumer price inflation for those periods.

Housing market affordable in all 7 major cities except Mumbai: JLL India

JLL India said the affordability levels would continue to improve over the next three years for all seven cities

Investors regain interest as housing market sees recovery in major cities

The spurt can be attributed to three factors -- anticipated property price growth in major Indian cities, high buyer confidence and availability of light-weight investments

India among top 10 price appreciating housing markets in Q2: Report

India's residential sector out-shined matured markets such as China

Affordable housing market to reach $100 billion over 5-7 years: Report

According to government estimates, there is a current shortage of around 60 million housing units