Average value of premium under-construction housing projects in Gurgaon increased annually by 22%, shows a recent report by property brokerage firm Savills India. According to the report, rates of completed projects in the Millennium … READ FULL STORY
Ahmedabad was the most affordable housing market in India in 2022 with an affordability ratio of 22%, shows a new report by property brokerage company Knight Frank. With 25% affordability, Kolkata (25%) as well … READ FULL STORY
Homebuyers may soon be able to claim GST refund directly from the government on cancellation of under-construction properties rather than going to the developer concerned. If recommendations made by the GST council in its … READ FULL STORY
India’s large listed residential real estate developers will clock sales growth of over 25% on-year this fiscal, says a new report by CRISIL Ratings. The analysis, which includes 11 large listed residential developers in … READ FULL STORY
Real estate developers Coastal Projects Pvt Ltd and Zoom Developers Pvt Ltd are among India’s top-50 wilful defaulters, data available with the ministry of finance show. As of March 31, 2022, the top-50 wilful … READ FULL STORY
India’s 7 prime residential markets recorded the highest sale numbers during the first half of the current financial year (H1FY23) when compared to the past 10 years, says a recent report by rating agency … READ FULL STORY
The Reserve Bank of India (RBI) on December 7, 2022, increased the repo rate by 35 basis points. The fifth consecutive hike in the apex bank’s benchmark lending rate has brought it to 6.25% … READ FULL STORY
India’s economy recorded 6.3% growth in the July-September period of 2022 (QFFY23) as against the explosive 13.5% growth in the previous quarter, data released by the ministry of statistics and programme implementation show. India’s … READ FULL STORY
Ahmedabad, Chennai and Bangalore have featured in the Worldwide Cost of Living Report 2022 as some of the most affordable cities to live in globally. According to the report by the Economist Intelligence Unit … READ FULL STORY
New York and Singapore have claimed the joint title of world’s costliest cities to live in, shows the findings by the Economist Intelligence Unit. New York has received this dubious distinction for the first … READ FULL STORY
Dubai has recorded the highest price increase in the past one year, data available with global property brokerage firm Knight Frank Show. On Knight Frank’s Prime Global Cities Index Q3 2022, Dubai topped the … READ FULL STORY
If banks were to increase lending rates by another 25 basis points in future, loan EMIs would increase by 200 basis points (2%), says the latest report by Motilal Oswal Financial Services. The analysis … READ FULL STORY
Total revenue collection from stamp duty and registration charges in 28 states has risen 35% annually in the six-month period between April and September 2022 (H1FY23), shows a new report. According to the report … READ FULL STORY
