Unsold inventory in the real estate sector refers to the number of completed units that are ready for sale but have not been sold by the developers. It is frequently considered as an important … READ FULL STORY
Unsold housing stock in India’s mega housing markets has declined significantly due to strong sales momentum, driven by robust demand for housing, says the Economic Survey 2022-23. Unsold inventory stood at 8.5 lakh at the … READ FULL STORY
How to make housing more affordable is a question that is being debated worldwide. Unfortunately, there are always more questions than what one could probably answer. In the Indian context, the unsold inventory to … READ FULL STORY
The real estate industry has been forced to face numerous uncertainties, following the COVID-19 pandemic in 2020. However, positive signs are visible for the sector in 2021, as it looks to overcome the turmoil … READ FULL STORY
While affordable housing has high demand in India and can contribute significantly towards building sustainable urban spaces, several challenges need to be addressed so that this segment, which accounts for most of the unsold … READ FULL STORY
Sales of housing units in the top nine cities of Mumbai, Pune, Noida, Gurugram, Bengaluru, Chennai, Hyderabad, Kolkata and Ahmedabad, fell by eight per cent during the October-December period of 2018 (Q3 FY2019), as … READ FULL STORY
The applicability of the Goods and Services Tax (GST) in the Indian taxation system, was a move aimed towards ‘one nation, one tax’. After land abetment, the applicable GST for under-construction properties was 12 … READ FULL STORY
There has been a whopping 50 per cent jump in overall new housing launches in Q2 2018, over the preceding quarter, with the maximum supply in the affordable segment (less than Rs 40 lakhs). … READ FULL STORY
Pune has witnessed a steep drop in the number of new apartments being launched, leading to a reduction in the total inventory under development, as well as a reduction in the absolute number of … READ FULL STORY
Non-banking finance companies (NBFCs) and mortgage lenders, which control the lion’s share of developer loans, are using all the tricks in the marketing and finance trade books to help realtors, who are still reeling … READ FULL STORY
The 7th Pay Commission has been notified and the salaries of central government employees and pensioners, are set for a major revision. This is likely to boost demand and liquidity in the real estate … READ FULL STORY
Recently, a Delhi-based home buyer, Dilip Sahu received a demand letter from his developer. The Noida-based firm sent demand letters to all its buyers announcing its ‘Mission Completion.’ The letter is a direct appeal … READ FULL STORY
Noting that factors, such as road infrastructure and inflation seem to be closely linked to residential price movements, a report titled ‘Indian Real Estate: Comprehending the varying speeds of growth’ by JLL India and … READ FULL STORY
