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Tag Archives: Housing

Indiabulls Housing Finance falls 2% post Moody’s corporate family rating

Shares of Indiabulls Housing Finance slipped more than 2 percent intraday Monday after Moody’s initiated the corporate family rating at Ba1. The international rating agency Moody’s has initiated the corporate family rating of Indiabulls Housing Finance at ‘Ba1’ with stable outlook. At 09:56 hrs Indiabulls Housing Finance was quoting at Rs 680.05, down Rs 16.35, or 2.35 percent on the BSE. The ... Read More »

Housing Units Worth Rs. 3 Lakh Crore Lag Delivery Deadlines In 7 Cities: PropEquity

In NCR, the number of such housing units has been estimated at over 1.8 lakh, said PropEquity. More than 4.65 lakh housing units across the country are lagging their delivery deadlines, according to a report by property consultant PropEquity. Although the country’s real estate or property market “may be witnessing green shoots of recovery in select micro markets”, the projects ... Read More »

Housing projects worth Rs 3.3 lakh cr stuck across India: PropEquity

NEW DELHI: Over 4.65 lakh units, worth over USD 47 billion, are facing significant execution delays across major Indian cities due to sales slowdown, cash crunch facing developers and issues related to project approvals, says a PropEquity report. As many as 1,687 projects, comprising 4,65,555 units with a saleable area of nearly 600 million sq ft, are significantly behind delivery schedule, it said. ... Read More »

DDA Housing Scheme: Some banks agree to finance registration fee

After the Delhi Development Authority (DDA) held several meetings with them, some banks are likely to finance the registration fee for DDA’s newly launched 2017 housing scheme, while others continue to be hesitant. Earlier, eight banks that DDA had tied up with announced that they will not be able to finance the fees. However, some senior DDA officials took control ... Read More »

Mumbai property: To make housing affordable, BMC eyes real estate market booster shot

According to the report, the BMC, following long and detailed discussions with the Maharashtra Chamber of Housing Industry (MCHI) on May 19 has plans to reduce the costs of rising projects for builders. (Reuters) Mumbai property slowdown: The Brihanmumbai Municipal Corporation (BMC) may reduce a few charges and penalties that have been levied upon builders to counter the slowdown in ... Read More »

Housing Sales Up 7% In Eight Indian Cities: Property Consultant

New Delhi: Showing signs of revival, housing sales rose by 7 per cent in the country’s eight major cities at 1.35 lakh units during January-June period of this year, leading to a decline in unsold inventories, according to real estate consultant Knight Frank India. In the Delhi-NCR property market, however, housing sales and launches dropped by 8 per cent and ... Read More »

Realty firms hope for Housing income Revival put up-fee reduce

New Delhi: hobby on home loans is predicted to return down helping a revival of housing incomefollowing the Reserve financial institution of India’s reducing of policy charge with the aid of zero.25according to cent these days, say realty professionals. The RBI has reduced the quick–time period lending charge by using 0.25 consistent with cent to six.5in line with cent. the ... Read More »

Incentivize non-public gamers to gain ‘Housing for All’: property representative

Mumbai: authorities desires to formulate guidelines and offer incentives to make sure more personalarea participation if it has to deliver its bold plan of ‘Housing for All’ by using 2022 into truth, assetsconsultant Jones Lang LaSalle (JLL) has stated. “The non-public zone can play a huge role in low priced housing, maximum appreciably in terms ofsupplying technological answers, task financing ... Read More »

Housing income In Seven foremost Indian cities Drop Over 2% In FY16: property consultant

New Delhi: Housing income fell 2.2 per cent to 1.58 lakh gadgets in seven foremost cities last fiscal yr,but the market is anticipated to improve with the aid of subsequent March on the returned of lowerinterest rates and a fall in expenses, in line with a record through assets consultant JLL India. JLL India in its monthly record stated housing ... Read More »