Housing sector

Is 2017 the best year to buy affordable houses?

The Prime Minister ambitious affordable housing programme as it targets to achieve 'Housing for All' by 2022, has once again set the tone for home buyer's aspiration for a dream house.

Apr 08, 2017, 20:38 PM IST

Housing prices unlikely to come down in primary market post demonetisation: CREDAI

Credai, the realtor's body, on Saturday said that housing prices unlikely to come down in primary market post demonetisation since rates are already at the lowest level.

Nov 26, 2016, 22:42 PM IST

Housing prices may drop up to 30%, Rs 8 lakh crore in value to get wiped off

Housing prices in 42 major cities across India could drop by up to 30 per cent over 6-12 months after the demonetisation of high-value notes, wiping out over Rs 8 lakh crore worth market value of residential properties sold and unsold by developers since 2008.

Nov 24, 2016, 17:40 PM IST

Demonetisation: Here's how note ban will make purchase of property easier for common man

The Naendra Modi government's recent bold move to clamp down on black money hoarders through the ban on Rs 500 and Rs 1,000 currency notes is likely to have a positive impact on the residential market in the country. 

Nov 22, 2016, 04:46 AM IST

PE investment in eal estate sector up 22% at Rs 28K cr in Jan-Sept

Private equity (PE) investments in the real estate sector increased by 22 percent to Rs 28,300 crore in the first nine months of this year with investors' rising interest in the office and retail assets, says property consultant Cushman & Wakefield.

Nov 02, 2016, 14:58 PM IST

New Real Estate Act notified; seeks transparency and timely completion of projects

The Centre on Monday notified the rules for Real Estate Act, that seeks to regulate the housing sector besides bringing transparency and ensuring timely completion of projects, which will be applicable for five Union Territories.

Oct 31, 2016, 23:07 PM IST

Mahindra Lifespace Developers profit jumps to Rs 32.17 crore in Q2

Mahindra group's realty firm Mahindra Lifespace Developers Ltd on Thursday reported over five fold jump in consolidated net profit at Rs 32.17 crore for the quarter ended September 30, 2016 and will raise up to Rs 300 crore through rights issue.

Oct 27, 2016, 16:53 PM IST

Indiabulls Housing Finance net up 23% at Rs 684 crore for Q2

Indiabulls Housing Finance on Friday reported a rise of 23.2 per cent in net profit at Rs 684.31 crore for the second quarter ended September 2016.

Oct 21, 2016, 19:09 PM IST

House price inflation to edge down further: Nomura

Affordability concerns are likely to dominate the Indian housing sector while prices may face downward pressure despite lower interest rates and aggressive retail lending push by banks, says a Nomura report.

Jul 07, 2016, 18:31 PM IST

Indian retail real estate has become attractive again for global investors

During the entire 2008 calendar year, PE investment in retail real estate stood at USD 267 million.

Jul 06, 2016, 16:12 PM IST

Court brings cheer for home buyers; says no service tax for under construction flats

If the developer has already collected service tax, then buyers will get it refunded with 6% rate of interest by the revenue department.

Jun 09, 2016, 10:04 AM IST

Housing.Com to achieve $10 million revenue this fiscal

Housing.Com, which has raised over USD 100 million from various investors including Softbank and has restructured the business, today said it expects USD 10 million revenue in the current fiscal.

May 29, 2016, 17:39 PM IST

DLF targets up to Rs 3,500 crore in new sales booking in FY17

Realty major DLF is targeting new sales booking of Rs 3,000-3,500 crore in the current fiscal, similar to last year level, as housing demand continues to be low, a company's senior official said.

May 29, 2016, 17:18 PM IST

Godrej Properties to launch 15 projects in FY17

Godrej Properties is aiming to launch 15 new projects, including one in Noida, and sell its completed commercial assets worth Rs 1,500 crore during this fiscal as the realty firm seeks to achieve higher growth.

May 08, 2016, 11:48 AM IST

Delhi-NCR stuck with highest unsold housing inventory: Report

Inventory of residential premises and commercial estates has risen between 18-40 per cent in different cities with maximum unsold stock lying in Delhi-NCR, creating a drag on linked sectors like financial services and steel, a report said on Thursday.

May 05, 2016, 14:40 PM IST

Realty firm Godrej Properties buys 49% stake in its arm Happy Highrises

Realty firm Godrej Properties has acquired 49 per cent stake in its subsidiary Happy Highrises from Karelides Traders for Rs 248.50 crore.

Apr 30, 2016, 19:32 PM IST

JLL launches online home fest; offers flats at 5-8% discount

Online sale would showcase residential properties across 96 projects by 64 developers in 15 cities.

Apr 05, 2016, 15:21 PM IST

New FY gift! First time home buyers to get additional tax benefit of Rs 50,000 from today

First time home buyers will get additional tax benefit for purchase of residential properties of value up to Rs 50 lakh from Friday.

Apr 01, 2016, 09:23 AM IST

Budget 2016: These are the sops announced for housing sector

Zee Media Bureau

New Delhi: Finance Minister Arun Jaitely has managed to bring cheer to the housing sector as a whole, in the Budget 2016.

Mar 01, 2016, 14:07 PM IST

Watch: Noida home buyers issues

Watch Noida home buyers issues.

Feb 06, 2016, 16:20 PM IST