Page 5 - Housing Sector

Housing finance has key role in making India $5 trn economy: Keki Mistry

For the housing sector, the authorities are aware of the strong linkages it has with the economy.

Stanza Living enters housing for working professionals, commits Rs 150 cr

The firm currently has a combined capacity of 10,000 beds spreading across Bengaluru, Hyderabad, Pune and Coimbatore for this new segment

Unitech takeover: Despite IBC and RERA, homebuyers find no relief

Analysts point out the RERA, too, has not been able to stem the litany of woes faced by homebuyers in financially stressed projects

Realty Check: Current rates and unit sizes in the Rs 1.5-2 cr price range

If you are looking at buying real estate, an idea about prevailing rates would come in handy

Hyderabad ranks 14th globally in housing price appreciation: Knight Frank

Among other Indian cities that have seen appreciation in home prices, New Delhi and Bengaluru stood at 70th and 94th ranks, respectively

NAREDCO's HousingForAll.com can be Amazon for real estate: Housing Secy

The portal 'HousingForAll.com' should be credible and transparent, he said, adding that there should also be redressal system for consumers' grievances

JSPL to focus on Housing and Railways; aims to become debt-free by 2023

Firm is looking at a 50% demand growth coming from housing segment, eyes 25% uptick from Railways

Price gap between ready and under-construction homes fall to 3-7% in 2019

Pune had the highest price difference between RTM and UC homes at around 7%.

ICRA maintains negative outlook for housing on weak demand, slow sales

The rating agency said that the liquidity crunch in NBFC and HFC segment is a challenge for new housing supply.

MMR tops the list with 880 delayed housing projects, Hyderabad second

According to a study by property portal PropTiger.com, which analyses 10 prime residential markets, as many as 1665 RERA-registered projects are delayed by over five years

Govt, SBI, LIC to provide Rs 25,000 cr fund to stalled housing projects

This will finance 1,600 stalled housing projects comprising 4,58,000 housing units across the country

Credit growth picked up rapid pace from September 2019: SBI report

As per the report, in September, the jump in retail credit at Rs 51,900 crore was nearly double that of August, of which housing loans jumped by 2.6 times.

The Indian middle class needs to learn that house prices can fall too

If you want to fix the housing sector, fix the market for houses - don't try to bail out projects, developers, banks or homeowners

Reviving housing

Investment will depend on how the AIF works

Housing sales dip over 9% in Q2 as slowdown weighs on buyers' sentiment

This is the fourth such report that has shown fall in housing sales during the third quarter of the 2019 calendar year

Affordable homes account for only 29% of total launches in Jan-Jun: Anarock

In recent Budget announcement, the government has increased the deduction of interest on home loan by Rs 1.5 lakh to Rs 3.5 lakh to boost demand for affordable housing

Lower circle rates reignite realty sector hope

Delhi plans to follow Gurgaon's example; experts welcome govt intervention in housing but warn periodical rate review might increase prices of projects in Noida