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  • Will 2021 witness a turnaround for housing and residential sector? Which segments will make a comeback first? Feb 26, 2021 02:00 PM IST

    Will 2021 witness a turnaround for housing and residential sector? Which segments will make a comeback first?

    Peripheral parts of the large urban agglomerations will see continued demand due to affordable housing projects, followed by micro-markets with unit prices ranging from Rs 40 lakh to Rs 85 lakh in key markets, except for Mumbai where the demand will equally increase and sustain for units ranging from Rs 1.20 to Rs 2.5 crore

  • Listed developers from Delhi, Bengaluru planning to launch housing projects in Mumbai Feb 25, 2021 12:43 PM IST

    Listed developers from Delhi, Bengaluru planning to launch housing projects in Mumbai

    As the realty market favours players with a proven record on project execution, pedigree developers see fresh opportunity in Mumbai. DLF, Puravankara lead trend. Maharashtra decision to cut premium on real-estate projects by half till Dec 31, 2021, also attracting builders from other states

  • Mid-segment and affordable housing to remain in focus in 2021: JLL Feb 24, 2021 08:19 PM IST

    Mid-segment and affordable housing to remain in focus in 2021: JLL

    There will be an increased focus on health and wellness aspects in the post-COVID era, which is expected to drive demand for organised co-living and student housing setups, the report said.

  • Punjab-based realty developer Sushma Group to invest Rs 450 crore in four projects Feb 23, 2021 08:01 PM IST

    Punjab-based realty developer Sushma Group to invest Rs 450 crore in four projects

    The group has so far delivered 14 projects with a total area of 3.6 million sqft.

  • Pradhan Mantri Awas Yojana 2021: Centre approves 56,368 new houses Feb 23, 2021 12:28 PM IST

    Pradhan Mantri Awas Yojana 2021: Centre approves 56,368 new houses

    The construction of PMAY-U houses are in various stages. As of now, more than 73 lakh houses have been grounded and nearly 43 lakh have been completed

  • SWAMIH Fund to deliver over 6,000 housing units by end of FY22; 1,310 to be completed by April 2021 Feb 22, 2021 04:01 PM IST

    SWAMIH Fund to deliver over 6,000 housing units by end of FY22; 1,310 to be completed by April 2021

    The trust has so far given approvals to 164 projects involving an investment of more than Rs 15,000 crore, which will help complete around 1,00,000 homes

  • Residential real estate witnessing K-shaped recovery on accelerated consolidation, better credit availability: ICRA Feb 22, 2021 03:21 PM IST

    Residential real estate witnessing K-shaped recovery on accelerated consolidation, better credit availability: ICRA

    Large, listed players almost doubled their market share in the current year but adverse impact on smaller developers will weigh heavily on the sector as a whole

  • Shapoorji Pallonji Real Estate sells over 600 housing units in Pune worth around Rs 400 crore Feb 18, 2021 07:20 PM IST

    Shapoorji Pallonji Real Estate sells over 600 housing units in Pune worth around Rs 400 crore

    The units comprise 1, 2 and 3 BHK apartments and their price ranges from Rs 39 lakh to Rs 89 lakh 

  • COVID-19 impact: Real estate market set for consolidation; large developers to acquire mega status, say experts Feb 18, 2021 01:51 PM IST

    COVID-19 impact: Real estate market set for consolidation; large developers to acquire mega status, say experts

    Consolidation of real estate assets is a reality and the sector is likely to witness more joint developments, joint ventures and development management agreements between small developers and established players

  • Outlook positive for affordable housing finance companies; likely to grow at 15% in FY22: ICRA Feb 17, 2021 06:51 PM IST

    Outlook positive for affordable housing finance companies; likely to grow at 15% in FY22: ICRA

    The long-term growth outlook for the sector remains positive given the large underserved market, favourable demographic profile, housing shortage and government support in the form of tax sops and subsidies.

  • COVID-19 impact | 62% homebuyers consider buying a house during pandemic as incentives rise Feb 17, 2021 04:37 PM IST

    COVID-19 impact | 62% homebuyers consider buying a house during pandemic as incentives rise

    As many as 43 percent homebuyers now prefer buying property in peripheral areas; millennial buyers up 31 percent; there is increased demand for bigger homes across all configurations post-COVID, says the CII-Anarock COVID-19 Sentiment Survey.

  • Today is the last day to apply for DDA Housing Scheme 2021, window closes at midnight Feb 16, 2021 12:35 PM IST

    Today is the last day to apply for DDA Housing Scheme 2021, window closes at midnight

    DDA has so far received around 30,000 applications largely in the high-income and mid-income segments.

  • Luxury housing sales in Delhi-NCR rose in 2020, says report Feb 15, 2021 07:20 PM IST

    Luxury housing sales in Delhi-NCR rose in 2020, says report

    NCR saw total supply of 18,540 units in 2020, of which luxury comprised 9 percent share; in 2019, the total luxury homes supply was 12 percent.

  • COVID-19 impact: Sale of ready-to-move-in homes rises to 21% from 18% Feb 15, 2021 03:38 PM IST

    COVID-19 impact: Sale of ready-to-move-in homes rises to 21% from 18%

    Among various cities, the share of RTMI units in the total sales was the highest in Chennai at 32 percent and lowest in Hyderabad at 12 percent, during 2020.

  • NCLT Delhi rejects resolution plan submitted for housing project in Yamuna Expressway Feb 11, 2021 02:11 PM IST

    NCLT Delhi rejects resolution plan submitted for housing project in Yamuna Expressway

    Resolution plan seems to be “totally inequitable, unjust and highly objectionable”, rules NCLT and directs liquidation of Lotus City project promoted by Three C Company

  • DDA Budget 2021-2022: Focus on greener Delhi, infrastructure push for Narela, Dwarka and Rohini Feb 11, 2021 11:54 AM IST

    DDA Budget 2021-2022: Focus on greener Delhi, infrastructure push for Narela, Dwarka and Rohini

    A sum of Rs 1,100 crore has been allocation for completing housing projects across the national capital.

  • DDA Housing Scheme 2021 update: Authority receives over 16,000 applications Feb 08, 2021 08:02 PM IST

    DDA Housing Scheme 2021 update: Authority receives over 16,000 applications

    Out of the 7,270 people who have paid up the booking amount, 4,699 have applied for HIG and MIG units that are available in the range of over Rs 1 crore and Rs 2 crore.

  • Amrapali’s 52 units completed by NBCC in Noida and Greater Noida up for sale Feb 08, 2021 01:26 PM IST

    Amrapali’s 52 units completed by NBCC in Noida and Greater Noida up for sale

    The residential units include five villas and 27 penthouses and six commercial properties with prices ranging from around Rs 64 lakh to Rs 2.04 crore; applications open until March 10

  • Budget 2021: Revival in real estate growth through affordable housing sector Feb 02, 2021 12:40 PM IST

    Budget 2021: Revival in real estate growth through affordable housing sector

    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.

  • Budget 2021 | It’s a mixed bag for the housing sector Feb 01, 2021 08:24 PM IST

    Budget 2021 | It’s a mixed bag for the housing sector

    The Budget provides a dose of much-required optimism and leaves gaps to build for the future

  • Economic Survey 2021: Significant improvement in access to housing for lowest-income group Jan 29, 2021 03:33 PM IST

    Economic Survey 2021: Significant improvement in access to housing for lowest-income group

    Since 2014-15, construction of approximately 1.94 crore rural houses have been completed, out of which 1.22 crore houses have been constructed under the revamped scheme of PMAY-Gramin

  • Reduced real estate premiums to generate economic activity worth Rs 10 lakh crore in MMR: CREDAI MCHI Jan 28, 2021 01:47 PM IST

    Reduced real estate premiums to generate economic activity worth Rs 10 lakh crore in MMR: CREDAI MCHI

    Maharashtra Government’s decision will also lead to increase in new residential project launches in MMR and make housing affordable for homebuyers

  • Shapoorji Pallonji to invest Rs 4,000 crore for real estate project in Pune Jan 28, 2021 01:38 PM IST

    Shapoorji Pallonji to invest Rs 4,000 crore for real estate project in Pune

    This premium mixed-use development by Shapoorji Pallonji will be executed in phases and will have more than 6000 apartments on completion

  • NCR-based M3M plans to become debt-free by March 2022, launch 10,000 independent floors in 2021 Jan 28, 2021 12:49 PM IST

    NCR-based M3M plans to become debt-free by March 2022, launch 10,000 independent floors in 2021

    The company will invest close to Rs 900 crore to acquire three new land parcels

  • Construction of 1.68 lakh new houses approved under PMAY-Urban Jan 21, 2021 08:08 PM IST

    Construction of 1.68 lakh new houses approved under PMAY-Urban

    The PMAY-Urban was launched by Prime Minister Narendra Modi in June 2015 and aims to ensure Housing for all by 2022. The government has set a target of 1.12 crore houses to be constructed in urban areas in the country over a period of seven years from 2015 to 2022

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