The affordable housing sector has recorded a surge of 27 per cent, in new units launched between January and September 2017, as compared to the corresponding period last year. However, overall residential unit launches … READ FULL STORY
Over the past one or two years, the major cities across the country have seen a significant rise in affordable housing projects. According to a white paper by KPMG, titled ‘Indian real estate: Unfolding … READ FULL STORY
The government is committed to ensuring a decent habitat for people in urban areas, particularly the poor and has taken various initiatives in this regard, Housing and Urban Affairs minister, Hardeep Singh Puri said … READ FULL STORY
Citing surging inflation numbers, the Reserve Bank of India (RBI) left the short-term lending rates unchanged at 6 per cent, in its monetary policy review, on October 4, 2017. “In the present macroeconomic situation, … READ FULL STORY
The Reserve Bank of India (RBI), on October 4, 2017, kept interest rates unchanged as was widely expected, in view of an upward trend in inflation, even as it cut the growth forecast to … READ FULL STORY
Amidst excess liquidity, the largest private sector lender ICICI Bank, on September 28, 2017, launched a mortgage product assuring borrowers a one per cent cash-back on their monthly installment payment. The product, which comes … READ FULL STORY
The interest subsidy of up to Rs 2.60 lakhs on home loans under the centre’s affordable housing scheme, will now be available to middle-income group (MIG) beneficiaries for 15 more months till March 2019, … READ FULL STORY
The stock market is said to be the one of the best indicators of buyers’ sentiments in the real estate market. Often, the demand and supply in the realty market, can be closely approximated … READ FULL STORY
Nestling amid rolling hills and kissed by gurgling streams in Thane district, Shahapur has been nothing more than a weekend getaway dotted with a few farmhouses owned by city slickers. Now it’s morphing from … READ FULL STORY
Private equity inflows into Indian real estate is expected to USD 4 billion in 2017. However, a low risk appetite among investors, is likely to trigger a shift in investments’ share from the residential … READ FULL STORY
ASK Property Investment Advisors and TVS Emerald, on September 4, 2017, announced an agreement, wherein, both the firms will jointly infuse equity capital of Rs 400 crores, which will be invested in multiple affordable … READ FULL STORY
The centre will invite companies from across the world, to showcase their construction techniques and adopt the selected ones, to build affordable houses for poor families in the country, a top official said, on … READ FULL STORY
It is a common belief that making property investments on auspicious days, like Ganesh Chaturthi, will lead to appreciation in the value of the asset. Moreover, buying a property often involves one’s life savings. … READ FULL STORY
