'Affordable housing contributed over 50% to sales in Q3 FY17'
With the demand for affordable housing increasing, the segment witnessed a significant growth in fiscal 2017 and it contributed over 50 percent to the total sales during the October-December 2016 quarter, a recent survey revealed.
May 17, 2017, 20:05 PM IST
Read to know what do Indians spend on
As per the figures from the Global Consumption Database of the World Bank, consumer spending attitude differs from country to country. Poor generally shell out more on essential commodities in developing countries.
May 10, 2017, 00:24 AM IST
PM Modi reviews performance of key infrastructure sectors
Prime Minister Narendra Modi on Monday reviewed progress of key infrastructure sectors including petroleum and natural gas, power, renewable energy and housing.
May 09, 2017, 16:39 PM IST
Govt rules out tax incentive beyond Rs 2 lakh for second home
Ruling out rollback of the proposal to restrict tax incentive for second home to Rs 2 lakh per annum, Revenue Secretary Hasmukh Adhia on Saturday said there is no point in subsidising purchase of second property by those who have surplus funds.
Feb 04, 2017, 17:11 PM IST
Housing sales may see 20-30% decline this year: Fitch
Residential property sales in India are expected to witness at least 20-30 percent dip in 2017 due to demonetisation impact, Fitch Ratings said today.
Jan 23, 2017, 23:58 PM IST
Housing demand at 4.2 mn in top 8 cities in 5 years: Report
Total demand for urban housing is estimated at 4.2 million units during the period 2016-2020 across the top eight cities, according to a report.
Nov 30, 2016, 23:26 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
Buying home in the smart cities may cost more
Buying home in the smart cities may cost more. Watch this special segment and get to know more here.
Oct 13, 2016, 22:58 PM IST
Competition Commission dismisses complaints against two realty firms
CCI has rejected complaints against two real estate developers -- Imperial Housing Ventures and ANS Developers.
Sep 02, 2016, 19:00 PM IST
Housing prices to remain muted in next six months
Housing sales are likely to remain stable or improve in next six months while price appreciation is expected to be muted, according to a report by FICCI-Knight Frank India.
Aug 18, 2016, 22:39 PM IST
Residential property sales grow 8% sequentially in Q1
Residential property sales grew by 8 percent in April-June quarter as compared to January-March quarter of the previous fiscal on the back of government's emphasis on affordable housing, softening interest rates and stagnant prices, a study said.
Jul 26, 2016, 16:25 PM IST
DDA's next housing scheme could be completely online
From "application to refund", the DDA is mulling making its next housing scheme a completely online affair to reduce the long queues of flat aspirants at its headquarters.
Jul 24, 2016, 11:05 AM IST
Should you buy a home or live on rent? Watch our expert advice
Financial expert advice for buying a home or living in rent. Watch this special segment and get to know more here.
Jul 22, 2016, 11:35 AM 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
EPFO plans to provide home loans
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May 26, 2016, 10:04 AM IST
Five developers approach govt with SEZ cancellation plea
Five special economic zone (SEZ) developers including Abex Infocom have approached the government to surrender their IT sector tax-free zones
Apr 15, 2016, 17:39 PM IST
Cabinet approves construction of 2.95 crore rural houses under Housing for All by 2022 scheme
The Union Cabinet, in a meeting chaired by Prime Minister Narendra Modi, gave its nod for the implementation of the rural component of the scheme.
Mar 24, 2016, 00:23 AM IST
Cabinet nod to construction of 2.95 crore houses in rural areas under Housing for All scheme
The Union Cabinet on Wednesday gave nod to construction of 2.95 crore houses in rural areas under Housing for All scheme.
Mar 23, 2016, 15:36 PM IST
Parliament nod to Real Estate Bill: How it will benefit home buyers
The Real Estate (Regulation and Development) Bill is designed to protect consumer interest, ensure efficiency in all property-related transactions, improve accountability of developers, boost transparency and attract more investments to the sector.
Mar 16, 2016, 10:10 AM IST
Arun Jaitley’s Union Budget 2016-17: Five Takeaways
Possibly too keenly aware of the BJP being seen as corporate friendly and, possibly, deriving lessons from the Bihar drubbing, the government has most conspicuously given an agri and rural push.
Feb 29, 2016, 19:18 PM IST
