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What Realtors Said On Repo Rate Hike
Housing sales are likely to be hit, especially in affordable and mid-income categories, following the RBI's decision to hike repo rate, according to real estate developers and consultants.
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Low Interest Rate Regime On Home Loans To Continue, Say Realtors On RBI Policy
The Reserve Bank's decision to keep key policy rates unchanged will lead to continuation of low interest rates on home loans and support ongoing recovery of housing demand, according to property developers and consultants.
-
Big Real Estate Players Double Market Share: ICRA
Covid-19 triggered one of the worst demand crashes in recorded history, with housing sales volumes witnessing a year-over-year decline of 62 per cent during Q1FY21 across top eight cities
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DLF Cyber City Developers Ltd Acquires 51.8% Stake In Fairleaf For Rs 780 Crore
DCCDL had entered into a securities purchase agreement with funds managed by Hines, a global real estate investment, development and management firm, to acquire stake in Fairleaf
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Tax Department Detects Rs 1,400 Crore Undisclosed Transactions After Raids In Jaipur
The Income Tax Department has detected undisclosed transactions of more than Rs 1,400 crore after raiding a jewellery firm and two real-estate developers based in Jaipur, the CBDT said on Thursday.
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eForce: Realty Majors TATA Projects, Oberoi To Use India's First Labour Market Platform
The eForce platform intends to connect developers with contractors to mobilize the projects and mitigate the delays owing to shortage of skilled manpower
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Restructure Amrapali Homebuyers' Loans, Release Dues: Top Court To Banks
In a relief for thousands of home-buyers stuck with incomplete projects of embattled realty developer Amrapali Group, the Supreme Court on Wednesday directed banks and other financial institutions to restructure loans declared as non-performing assets. The top court said the lenders will have to release the amount to home-buyers as per Reserve Bank...
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Realtors Want Banks To Pass On Benefit Of Rate Cut To Customers
ndustry's demand for one-time restructuring of developers'' loans should be met, said Ankush Kaul, President (Sales & Marketing) - Ambience Group.
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Home Sales In Mumbai Jump To Highest In 4 Years
Macrotech Developers, a Trump Tower developer in Mumbai, to Godrej Properties, controlled by billionaire Adi Godrej's family, are building more low-cost homes as the credit squeeze crimps demand for posh properties. New home starts rose 21 per cent across seven of India's biggest cities led by affordable flats, highlighting pent up demand in the se...
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Government Plans More Measures For Realty Sector, Shadow Lenders: Report
One time recast would mean a one-time rollover for real estate developers for loan repayments which will not classify their loans as SMA or NPA.
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Zombie' Buildings Worth Rs 4.47 Lakh Crore Sound Warning For Banks
Radius and hundreds of other developers relied on loans from what India calls non-banking financial companies (NBFCs) to fuel a five-year property boom.
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Government May Announce Relief Package For Real Estate Sector This Week: Report
The government could make changes to the definition of affordable housing as sought by developers so that more projects can come under the category.
-
Nirmala Sitharaman Meets Real Estate Developers, Homebuyers
The major subjects discussed in the meeting included liquidity problems and completion of stalled projects.
-
Supreme Court Upholds Homebuyers' Rights As Financial Creditors Under Insolvency Laws
In a major setback for property developers, the Supreme Court on Friday upheld the amendments to the Insolvency and Bankruptcy Code, granting homebuyers the status of financial creditors. The top court said the move does not infringe the rights of property developers. The Supreme Court also said homebuyers enjoy the same rights as financial credito...
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DDA Housing Scheme 2019 Opens: Five Things To Know
DDA Housing Scheme 2019, the programme is also linked to the Credit-Linked Subsidy Scheme under the government's affordable housing initiative, Pradhan Mantri Awas Yojna (PMAY)-Housing For All (URBAN).
-
What Realtors Said On Repo Rate Hike
Housing sales are likely to be hit, especially in affordable and mid-income categories, following the RBI's decision to hike repo rate, according to real estate developers and consultants.
-
Low Interest Rate Regime On Home Loans To Continue, Say Realtors On RBI Policy
The Reserve Bank's decision to keep key policy rates unchanged will lead to continuation of low interest rates on home loans and support ongoing recovery of housing demand, according to property developers and consultants.
-
Big Real Estate Players Double Market Share: ICRA
Covid-19 triggered one of the worst demand crashes in recorded history, with housing sales volumes witnessing a year-over-year decline of 62 per cent during Q1FY21 across top eight cities
-
DLF Cyber City Developers Ltd Acquires 51.8% Stake In Fairleaf For Rs 780 Crore
DCCDL had entered into a securities purchase agreement with funds managed by Hines, a global real estate investment, development and management firm, to acquire stake in Fairleaf
-
Tax Department Detects Rs 1,400 Crore Undisclosed Transactions After Raids In Jaipur
The Income Tax Department has detected undisclosed transactions of more than Rs 1,400 crore after raiding a jewellery firm and two real-estate developers based in Jaipur, the CBDT said on Thursday.
-
eForce: Realty Majors TATA Projects, Oberoi To Use India's First Labour Market Platform
The eForce platform intends to connect developers with contractors to mobilize the projects and mitigate the delays owing to shortage of skilled manpower
-
Restructure Amrapali Homebuyers' Loans, Release Dues: Top Court To Banks
In a relief for thousands of home-buyers stuck with incomplete projects of embattled realty developer Amrapali Group, the Supreme Court on Wednesday directed banks and other financial institutions to restructure loans declared as non-performing assets. The top court said the lenders will have to release the amount to home-buyers as per Reserve Bank...
-
Realtors Want Banks To Pass On Benefit Of Rate Cut To Customers
ndustry's demand for one-time restructuring of developers'' loans should be met, said Ankush Kaul, President (Sales & Marketing) - Ambience Group.
-
Home Sales In Mumbai Jump To Highest In 4 Years
Macrotech Developers, a Trump Tower developer in Mumbai, to Godrej Properties, controlled by billionaire Adi Godrej's family, are building more low-cost homes as the credit squeeze crimps demand for posh properties. New home starts rose 21 per cent across seven of India's biggest cities led by affordable flats, highlighting pent up demand in the se...
-
Government Plans More Measures For Realty Sector, Shadow Lenders: Report
One time recast would mean a one-time rollover for real estate developers for loan repayments which will not classify their loans as SMA or NPA.
-
Zombie' Buildings Worth Rs 4.47 Lakh Crore Sound Warning For Banks
Radius and hundreds of other developers relied on loans from what India calls non-banking financial companies (NBFCs) to fuel a five-year property boom.
-
Government May Announce Relief Package For Real Estate Sector This Week: Report
The government could make changes to the definition of affordable housing as sought by developers so that more projects can come under the category.
-
Nirmala Sitharaman Meets Real Estate Developers, Homebuyers
The major subjects discussed in the meeting included liquidity problems and completion of stalled projects.
-
Supreme Court Upholds Homebuyers' Rights As Financial Creditors Under Insolvency Laws
In a major setback for property developers, the Supreme Court on Friday upheld the amendments to the Insolvency and Bankruptcy Code, granting homebuyers the status of financial creditors. The top court said the move does not infringe the rights of property developers. The Supreme Court also said homebuyers enjoy the same rights as financial credito...
-
DDA Housing Scheme 2019 Opens: Five Things To Know
DDA Housing Scheme 2019, the programme is also linked to the Credit-Linked Subsidy Scheme under the government's affordable housing initiative, Pradhan Mantri Awas Yojna (PMAY)-Housing For All (URBAN).
