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March 27, 2023 09:35 PM IST In response to a question, the minister said that under PMAY-G, a total of 2.21 crore houses have been constructed in the country
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August 05, 2022 03:28 PM IST The country’s largest mortgage lender by asset size said it has raised the amount by way of external commercial borrowings (ECBs).
- May 24, 2022 01:19 PM IST
Real estate developers say that in a city like Mumbai constructing affordable homes is a challenge as the cost of land is high
- April 19, 2022 01:14 PM IST
Unsold affordable houses in the top seven cities declined from 2,34,600 units in the first quarter of 2020 to 1,86,150 by the end of Q1 2022. Unsold ultra-luxury homes declined 5 percent during the period on rising demand
- March 15, 2022 03:13 PM IST
Under Section 80EEA of the income tax law, first-time homebuyers receive an additional tax deduction of Rs 1.50 lakh if the unit is worth up-to Rs 45 lakh.
- February 02, 2022 03:22 PM IST
Budget 2022 | Homebuyers expressed unhappiness over the absence of any additional tax deduction on interest paid on home loans or relief for buyers stuck with incomplete projects.
- December 03, 2021 04:50 PM IST
Countries where the property ladder is least accessible include Luxembourg, Switzerland and South Korea
- November 22, 2021 03:30 PM IST
Only 17% of PE investment in the residential segment allocated to affordable housing since 2011. Ministry of Housing and Urban Affairs pegs affordable housing demand at approximately 11.22 million houses by 2022.
- August 24, 2021 03:23 PM IST
Two projects have been identified in Panipat and Faridabad with a combined saleable area of approximately 1.5 million sq ft and sales revenue of approximately Rs 500 crore.
- July 01, 2021 02:09 PM IST
The slowing of new launches may have something to do with the piling up of unsold houses. Of the 6.54 lakh unsold units in the top 7 cities in the June quarter, the affordable segment had the highest share at 33 percent, Anarock report says .
- April 30, 2021 03:20 PM IST
Weighted average prices for new launched projects in a majority of India’s top cities remained muted in the past few quarters, with prices appreciating marginally in the range of 1–3 percent annually, the PropTiger report said
- March 17, 2021 03:05 PM IST
NCR-based real estate company Migsun Group will develop these projects under the joint venture and development management agreement model
- February 02, 2021 12:40 PM IST
From a REIT perspective, it was expected that the holding period for qualifying as long-term capital gains would have been reduced to 12 months but the same did not happen.
- November 04, 2020 10:10 AM IST
Four floors with 12 bedrooms and large-sized living rooms on a single plot for Rs 2 crore offers a better investment proposition than a similarly priced apartment in a high-rise for which a buyer may have to wait longer for the project to get completed
- October 01, 2020 08:25 PM IST
The company’s CROWN brand has accumulated a combined revenue of nearly Rs 240 crore.
- September 29, 2020 08:03 PM IST
Fitch expects luxury real estate to see the greatest price moderation but limited price moderation in affordable housing, given the segment’s better demand dynamics and thinner profit margins
- August 27, 2020 01:20 PM IST
Nearly 80 percent inventory in Mahindra Happinest Kalyan project has been sold in nine months despite COVID-19
- August 21, 2020 02:50 PM IST
This is because flats are an affordable housing option and a key component in the supply of rental housing in smaller towns, a report has said
- July 08, 2020 05:51 PM IST
An expenditure of Rs 600 crore is estimated in the form of technology innovation grant, which will be released for projects using identified innovative technologies for construction
- May 19, 2020 06:22 PM IST
On the residential real estate market front, the credit crunch is expected to result in a contraction in residential sales across top seven cities to 2.8 lakh-3 lakh units in 2020-21 from 4 lakh units in 2019-20
- April 08, 2020 05:16 PM IST
Budget-conscious homebuyers will feel the maximum heat of COVID-19; limited income and unemployment fears may cause many to defer purchase decisions in 2020
- March 06, 2020 06:01 PM IST
Real estate experts welcome the move, saying it would provide relief to homebuyers looking for affordable properties.
- February 25, 2020 06:10 PM IST
Existing phases or new launches are being reconfigured or designed with a focus on lower unit prices, the ICRA report said.
- February 13, 2020 02:41 PM IST
The current unsold residential stock across 35 cities stood at over 13 lakh units; Maximum growth in sales in Faridabad and maximum reduction in Greater Noida
- February 03, 2020 06:49 PM IST
Real estate developers disappointed with the Budget, say it failed to address liquidity concerns and did not provide any major incentives to boost sluggish sales.
