Note ban will hit property sales by 20-30% this year: Fitch
Disruptions caused by demonetisation and the general caution on the part of buyers will hit property sales in India by at least 20-30 percent in 2017, Fitch Ratings said in its latest report.
Jan 25, 2017, 14:54 PM ISTHousing sales decline 2.2% to 1.58 lakh units in FY16
Housing sales fell 2.2 percent to 1.58 lakh units in seven major cities last fiscal, but the market is expected to improve by next March on the back of lower interest rates and fall in prices, says a report.
Jun 26, 2016, 17:26 PM ISTParl panel recommends pro-buyer measures in Real Estate Bill
A Parliamentary Committee on Thursday recommended a slew of measures favouring property buyers, which include a three-year jail term or a fine for a defaulting builder under a new law which will now cover projects of 500 sqm or eight flats.
Jul 30, 2015, 22:40 PM ISTProperty buyers spoilt for choice as developers pushing sales
With developers in a race against time to clear their inventory and push sales, property buyers are spoilt for choice as realty firms are offering discounts, freebies and attractive financing schemes, say experts.
Feb 16, 2015, 18:57 PM IST