Latest Realty News

LIC-Housing-Finance-to-raise-up-to-Rs-47,000-crore
Sep 08, 2015
LIC Housing Finance Ltd (LHFL) today said it will raise up to Rs 43,000 crore via non-convertible debentures on private placement basis
"Housing-for-all-by-2022"-sends-housing-finance-stocks-soaring
Jun 18, 2015
Shares of housing finance companies were in the spotlight on Thursday, surging up to 5%, after the government gave its approval to the launch of 'Housing for All by 2022' scheme.
Buyers-stage-demo-over-delay-in-LICHFL-houses
Mar 16, 2015
BHUBANESWAR: Inordinate delay in handing over houses being constructed by LIC Housing Finance Limited (LICHFL), a subsidiary of LIC, at Khandagiri Square here brought buyers to the streets
Choices galore at three-day housing exhibition
Jan 05, 2015
Tiruchirapalli: A three-day housing expo, Fairpro 2015, organised by Confederation of Real Estate Developer’s Association of India (CREDAI), got underway in the city
LIC Housing takes possession of Orbit's premium property
Jan 01, 2015
Mumbai: LIC Housing Finance Ltd (LICHFL) has taken possession of Orbit Corporation's 35-storeyed premium residential tower
LIC Housing Fin to focus on mortgages
Sep 13, 2014
LIC Housing Finance Ltd, promoted by the Life Insurance Corporation of India, is targeting to reduce its borrowings from the banks and focus more loan against properties (LAP)
Odisha has seen few takers in premium housing segment: Arup Dasgupta
Aug 18, 2014
Demand for housing in Odisha is passing through a sluggish phase even as shortage of housing stock is huge in the Country when compared to the demand as a whole, says Sri Arup Dasgupta, Regional Manager (Eastern Region), LIC Housing Finance Ltd
Stock market gains will help real estate
Apr 30, 2014
MUMBAI: One of the worst-hit industries in the past three years has been real estate. Land prices have stagnated, housing demand has stagnated, commercial demand has shrunk, interest rates have gone up. The Reserve Bank of India has also implemented measures restricting access to capital for real estate firms and, at the same time, limited housing mortgage exposure for banks by assigning high risk-weights.
Bad debt: Hiranandani project auction on March 3
Jan 30, 2014
MUMBAI: Housing Development Finance Corporation Ltd (HDFC) on Wednesday invited bids to auction 158 acres of Hiranandani Gardens near Chennai after the developer failed to repay a Rs 539 crore loan.
RBI Approves LIC Housing Finance Ltd's $300m ECB
Jan 27, 2014
BANGALORE: The country's third largest housing finance company, LIC Housing Finance Ltd (LIC HFL), has got approval from the Reserve Bank Of India to raise $300 million (over Rs 1,800 crore) from overseas markets through external commercial borrowings (ECBs).
HDFC mortgage business gets crowded as banks seek refuge in home loans
Jan 23, 2014
MUMBAI: Mortgage lender Housing Development Finance Corp Ltd (HDFC), loved by global investors for its steady profit growth, faces an intensifying battle for business and market share as banks aggressively push home loans.
Unitech defaults on Rs 200-crore loan from LIC
Dec 05, 2013
MUMBAI: Unitech, India's fourth largest real estate developer, defaulted on the payment of interest on a Rs 200-crore loan it had taken from Life Insurance Corporation of India (LIC) way back in 2007, joining the list of companies grappling with liquidity issues.
LIC HFL reduces home loan rates by 0.25%
Oct 23, 2013
MUMBAI: Housing finance company LIC Housing Finance (LIC HFL) today said it has reduced home loan rates by 0.25% with effect from October 15.
Housing finance sector poised for growth
Oct 17, 2013
MUMBAI: The housing finance sector is set to see higher growth in the next few years, with an increase in the demand and supply of housing projects.
Orbit Corporation defaults on 96 crore loans
Aug 06, 2013
MUMBAI: Mumbai-based real estate developer Orbit Corporation has defaulted on liabilities of 96 crore, including repayment of loan availed from LIC Housing FinanceBSE -5.13 % and the interest on the amount, joining the list of troubled players in the sector grappling with a severe liquidity crunch.
How new real estate bill could reshape the realty ecosystem?
Jun 20, 2013
MUMBAI: 1) Project Registration When the Real Estate (Regulation and Development) Bill 2013 comes into effect, all projects will have to be registered with a real estate regulatory authority.
Home loan growth crashes to 5-month low due to surge in house prices
Nov 05, 2012
MUMBAI: Growth in home loans has slumped to a five-month low despite banks showering potential buyers with attractive schemes and lower rates due to soaring real estate prices.

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