July 11, 2023: In the first six months of 2023 (H1 2023), 1,26,587 housing units were sold in India, marking the highest number of residential property sales in 15 years, according to a report … READ FULL STORY
July 3,2023: The share of residential housing loans in total advances has increased over the last 11 years to 14.2% in March 2023 from 8.6% in March 2012, according to the latest Financial Stability … READ FULL STORY
June 30, 2023: Mumbai city collected a revenue of Rs 5,483 crore from property registrations in the first six months of 2023 (H1 2023), according to a report by Knight Frank India. This is … READ FULL STORY
May 19, 2023: Income earned through the Mahila Samman Savings Certificates will not attract TDS (tax deducted at source), the Central Board of Direct Taxes (CBDT) has notified. This interest income, however, will be … READ FULL STORY
June 7, 2023: Analysts and experts expect the Reserve Bank of India (RBI) to maintain a status quo on its benchmark lending rate during its policy announcement on June 8, 2023. They are of … READ FULL STORY
June 6, 2023: Property prices in India are likely to show growth higher than the consumer price-based inflation, shows a poll by news agency Reuters. Also, interest rates are expected to stay higher for … READ FULL STORY
June 1, 2023: The Indian economy grew 7.2% in the financial year 2022-23 (FY23), government data showed today. This is slightly higher than the government’s own forecast of 7%. Reserve Bank of India governor … READ FULL STORY
May 31, 2023: India’s apex bank may reduce its key benchmark lending rate in the fourth quarter of 2023 amid easing inflation and other factors, global forecast agency Oxford Economics said on May 29, … READ FULL STORY
Despite the increasing number of fire accidents, the city has insufficient fire safety and evacuation measures. Since the 1944 explosions, Mumbai has witnessed some of the worst fire accidents. Whether the July 2014 fire … READ FULL STORY
May 19, 2023: Real estate developer Arvind SmartSpaces today announced its financial results for the January-March period of 2023 (Q4FY23). From Rs 601 crore last fiscal to Rs 802 crore in FY23, bookings for … READ FULL STORY
May 18, 2023: Real estate developers have acquired around 2,181, acre of land area between January 2022 and May 2023, says leading real estate advisory firm JLL India. Data available with the company show … READ FULL STORY
The demand for rental housing services in Tier-2 cities has significantly increased in recent years. With rising populations and rapid urbanisation, Tier-2 cities are emerging as new hotspots for real estate investment, including the … READ FULL STORY
Real estate will continue to reap the benefits of an ongoing demand momentum and grow between 5-10% in 2023, says brokerage firm Motilal Oswal. “With interest rate unlikely to be a dampener on demand … READ FULL STORY
