Housing Sector

Bank credit to MSMEs in Jan-Feb was higher than even advances to the housing sector. Brighter business prospects and a regulatory change may explain the jump

US manufacturing sector contracts at slower pace

Overall, the manufacturing sector has been weak "thanks in large part to constrained capital spending," said economists at Pantheon Macroeconomics.

Housing sector seeing biggest boom in last 15 years, says HDFC Capital Advisors MD & CEO Vipul Roongta

HDFC Capital Advisors Managing Director and CEO Vipul Roongta said residential real estate segment has revived strongly after going through a lot of pain due to new realty law RERA and demonetisation.

US economy is shrinking. Fed's rate hikes may have only just begun to bite

The report likely won't change Fed Chair Jerome Powell's view that an economy that is adding hundreds of thousands of jobs a month is not in recession, and won't deter him from raising borrowing costs further

Bank of Baroda mulls issuing long term bonds to fund infrastructure, affordable housing sectors

A meeting of the investment committee will be convened later this month to get an approval, Bank of Baroda said in a regulatory filing on July 7.

Bandhan Bank to increase exposure to secured loans

Private lender Bandhan Bank will gradually increase its exposure to secured loans by enhancing advances to the housing and MSME sectors, its Managing Director and CEO Chandra Shekhar Ghosh said.

Harnessing UPI: How data can revolutionise the housing sector

Digital payment platforms offer a unique opportunity for companies to address a huge underserved market by leveraging data to create profiles of customers, reducing finance and transactional costs and passing on benefits to the bottom of the pyramid

Ficci suggests support measures for housing sector in Budget

Housing and construction sectors have forward and backward linkages and impact nearly 200 sectors and it needs to be provided holistic support in the upcoming Union Budget, FICCI said.

Housing prices to rise on increasing input cost: Industry players

Participating in a CII-Anarock webinar on Friday, real estate developers and consultants said they were surprised with strong recovery in housing sales both after the first and the second wave of COVID.

Greater traction in housing: These are the stocks to benefit

Housing has linkages with over 20 other sectors and sub-sectors in the economy

Ideas For Profit | Should investors ride on the housing theme in 2021?

Housing will remain an engine of economic growth because of its high yield on invested resources, a high multiplier effect, and a host of beneficial forward and backward linkages in the economy. In Part-II of this four-part series, Moneycontrol's Sakshi Batra discusses which sub-segments can benefit under the housing theme in 2021.

COVID-19 presents an opportunity for reforms in the real estate sector

Now might be a good time to relook at the overall costs regime. Concessions might help restart the real estate sector

Govt may soon announce fund to offer home loan guarantees for non-eligible borrowers

The step could especially benefit those without steady income flows and credit histories, the group that has traditionally turned towards the informal sector for high-cost credit

Budget 2019 | Liquidity and sops will turnaround the housing sector

The housing sector expects the government to contemplate on introducing housing bonds in order to provide low interest rate funds to the housing companies.

15% houses completed in urban areas under Centre's flagship PMAY scheme in 3 years

While the government has set a target of one crore houses to be constructed in urban areas across the country over a period of seven years from 2015 to 2022 and claims the work is on full swing, the opposition Congress has questioned its seriousness citing the "small target achieved" so far.

Govt working to free housing sector of corruption, middlemen: PM Modi

Modi said the focus is to ensure more women, 'divyang' (differently abled) , people from SC, ST, OBC and minority communities get access to housing.

How predatory lending practices in the housing finance sector broke the back of Indian middle class

While they had planned their finances well while booking the flat, or atleast they thought so, the Indian middle class failed to provision for frauds, diversion of their funds and breach of contract, which have become commonplace in real estate dealings.

Housing finance firms cheer as SEBI hikes debt MF investment cap

Housing finance companies (HFCs) are elated with the Securities and Exchange Board of India‘s move to hike the investment limit for debt mutual funds to 15% from 10% earlier.

Money Money Money: Impact of Budget on real estate

From a change in the definition of long-term with respect to immovable property to the introduction of tax deducted at source (TDS) if you are paying rent over a certain amount to measures which were aimed at boosting affordable housing, real estate was definitely a focus area for Finance Minister, Arun Jaitley.

Housing sector biggest beneficiary of demonetisation: Naidu

Taking a jibe on commentators who cast doubts on benefits to government from demonetisation as Rs 15 lakh crore have come back into the system, Naidu said this will lead to more people coming under the tax net.

Budget 2017: Stocks focussing on rural infra, housing to gain,says SBI MF CIO

Due to a push towards affordable housing, the housing sector, even with poor volumes off late due to demonetisation, may start to do well, says Prabhat Awasthi, Head-Equities, Nomura India. Cement sector will also gain due to this.

Steel prices to stay up on strong housing demand: Platts

It isn't the market volatility but its speed which is of concern right now, says Annalisa Jeffries, Associate Editorial Director, Metals Asia/Singapore, Platts.

Long-term trend down but average Budget may trigger rally: Pros

According to Ashwani Gujral of ashwanigujral.com, if the Budget is neutral that is there is nothing positive or negative, there could be a pullback rally just because the uncertainty is out of the way but the long-term would continue to be on the downside

Govt contemplates tax incentives to boost housing

The tax department, according to sources, is looking at the draft rental housing policy to ascertain the tax incentives that can be doled out to the sector to encourage investments in housing sector.

New FDI norms to boost affordable housing segment

The government today relaxed foreign direct investment (FDI) norms in construction sector by removing two major conditions related to minimum built up area as well as capital requirement.