June 19, 2024: India’s infrastructure landscape will witness substantial growth with investments in key sectors- renewable energy, roads and real estate, according to a recent CRISIL report. The report projected a rise in investments … READ FULL STORY
June 10, 2024: Asset reconstruction companies (ARCs) are expected to witness an increase in the cumulative recovery rate for stressed residential real estate projects by 500-700 bps to 16-18% as on March 31, 2025 … READ FULL STORY
November 30, 2023: The retail mall space in India is expected to grow by 30-35 million square foot (msf), over one-third of the current stock, during the next 3-4 years owing to a strong … READ FULL STORY
October 18, 2023: India will spend nearly Rs 143 lakh crore on infrastructure in seven fiscals through 2030, more than twice the Rs 67 lakh crore spent in the previous seven starting fiscal 2017, … READ FULL STORY
Net leasing of office space in India will grow 10-15% this fiscal to 28-30 million square foot (msf), says the latest report by rating agency CRISIL Ratings. Similar growth will be seen for the … READ FULL STORY
Like all other sectors of the Indian economy, cement has been hit hard by the Coronavirus pandemic and has seen the entire supply chain disrupted. Cement dealers across the country expect a significant slackening … READ FULL STORY
When you buy a property or book a property, it is necessary for you to have sufficient funds at your disposal. These liquid assets can be in the form of bank balance or investments … READ FULL STORY
Update on February 24, 2019: GST Council cuts tax on under construction residential houses to 5 per cent, from 12 per cent currently. GST rate on affordable housing slashed to 1 per cent from 8 … READ FULL STORY
In India, most home owners do not bother to insure their homes, even though it is often the biggest asset that one can own. Neeraj Prakash, managing director of Shriram General Insurance Co Ltd, … READ FULL STORY
Non-banking finance companies’ (NBFCs’) and housing finance companies’ (HFCs’) wholesale credit book, which includes real estate and infrastructure lending, is likely to grow at 21 per cent annually till 2020, said a report. Asset … READ FULL STORY
The Maharashtra government, on April 25, 2018, approved the Mumbai Development Plan 2034. While the real estate sector welcomed the plan, others have expressed concern over its impact on infrastructure. The research wing of … READ FULL STORY
Despite a surge in delinquencies, lenders are increasingly focusing on the self-employed segment, to fuel home loan growth but there is a need to tread cautiously in this risky segment, given the massive spike … READ FULL STORY
According to a report by CRISIL, the Reserve Bank of India’s (RBI’s) new framework on bad loans, has the potential to bring about a big change in the approach of banks, to monitor their … READ FULL STORY
