Latest Realty News

Home sales bounce back in December quarter, clocks 22% rise in top 6 cities
Feb 05, 2014
DELHI: After several quarters of tepid growth, home sales bounced back in the three months to December with a 22 per cent rise in top six cities, according to property research firm Liases Foras.
Home sales bounce back in December quarter, clocks 22% rise in top 6 cities
Feb 04, 2014
DELHI: After several quarters of tepid growth, home sales bounced back in the three months to December with a 22 per cent rise in top six cities, according to property research firm Liases Foras.
Realty a better buy in smaller towns
Jan 27, 2014
DELHI: Smaller towns and cities closer to metros and industrial hubs are seeing significant housing demand, on the back of lower land cost and increased prosperity. This is in sync with the earnings of HDFC, which cited growth in retail loans across smaller towns, for posting good numbers for the third quarter.
Investors turn to realty as gold loses sheen after curbs
Jan 25, 2014
MUMBAI: The government's efforts in the past few months to curtail gold demand may have come as a saving grace for the real estate sector. For months, realty had been going through a slump in the country with high prices keeping the end-user demand low. As the government's efforts to moderate gold demand through import duties and other stricter norms began around July, investors and speculators shifted their focus from the yellow metal to real estate, said a report by India Ratings, the Indian a
Investors turn to realty as gold loses sheen after curbs
Jan 24, 2014
MUMBAI: The government's efforts in the past few months to curtail gold demand may have come as a saving grace for the real estate sector. For months, realty had been going through a slump in the country with high prices keeping the end-user demand low. As the government's efforts to moderate gold demand through import duties and other stricter norms began around July, investors and speculators shifted their focus from the yellow metal to real estate, said a report by India Ratings, the Indian a
Panel for expansion of registration requirement of CERSAI
Jan 10, 2014
DELHI: A working group appointed by Central Registry, CERSAI, has advocated for expanding scope of registration to movable assets including jewellery as well.
National Housing Bank's Rs 2,100 crore tax-free bond issue to open on December 30
Dec 29, 2013
DELHI: The National Housing Bank's Rs 2,100 crore tax-free bond issue will hit the markets on December 30.
DLF completes sale of 74% stake in life insurance JV to DHFL
Dec 19, 2013
DELHI: Realty firm DLF has completed sale of its 74 per cent stake in the joint venture DLF Pramerica Life Insurance to Dewan Housing FinanceBSE 0.57 % for an estimated Rs 250-300 crore.
Real estate investment in India
Nov 26, 2013
MUMBAI: Nowadays coffee conversations with friends have changed. Being in the personal finance industry, friends always tend to ask – Suggest a good place to invest? Should I invest in Real Estate now? How does Real Estate look? Or, “Did you hear, she sold that flat recently? She had bought it for Rs 80 lakh and now sold it for Rs 2 crore! What an investment that was?
Energy-efficient homes: NHB seeking €100 m from German bank
Nov 26, 2013
DELHI: National Housing Bank is in talks with German Government bank KFW for a second line of credit to support energy-efficient houses.
Housing prices in 12 cities rise, 10 witness decline in Q2
Nov 22, 2013
DELHI: Housing prices increased in 12 cities by up to 5.30 per cent, while it declined in 10 cities, including the national capital, by up to 7 per cent during the second quarter ended September 30.
Delhi home prices fall by 4.5% in Q2, 10 cities see decline
Nov 22, 2013
DELHI:House prices in Delhi fell by 4.5 per cent during the quarter ended September, as compared with the previous quarter ended June. Stretching that timeline to March, prices fell by 5.9 per cent, the latest Residex brought out by the National Housing Bank (NHB) showed.
Harsh realty for builders as banks tighten lending rules
Nov 11, 2013
DELHI: The real estate sector, accounting for the maximum number of new projects — 53 of 173, each above Rs 250 crore, in April-September this fiscal — is facing difficulties in achieving financial closure for these projects.
Aditya Birla Realty Fund invests Rs 125 crore in Tata Housing’s dwarka project
Nov 08, 2013
DELHI: The real estate fund of Aditya Birla Group has invested Rs 125 crore in a residential housing project being developed jointly by Tata Housing and Sidhartha group on the Dwarka Expressway in Gurgaon, two people familiar with the development said.
Home buyers in no hurry, expect real estate prices to fall by up to 10%
Oct 24, 2013
DELHI: Home buyers across the country expect real estate prices to fall by up to 10% over the next six months and they are willing to wait for over a year to buy property, a study by IIMBangalore and MagicBricks has found, signalling that festive season offers by developers have failed to attract buyers.
NHB to get Rs 500-cr loan from UK for financing low-cost homes
Oct 14, 2013
DELHI: British government's Department for International Development will give National Housing Bank Rs 500-crore loan for financing construction of affordable houses in the country.
Builders at private lenders’ mercy as demand falls, forced to pay interest rates as high as 42%
Sep 21, 2013
NEW DELHI | BANGALORE: The stress among real estate developers is now showing clearly. Private money lenders are back in demand with small and mid-sized real estate developers picking up short-term money at interest rates as high as 42% a year to avoid the prospect of reducing property prices.
Want to buy a house? Keep it on hold if you are not desperate
Sep 16, 2013
MUMBAI: Sumanta Rudra, head of infrastructure and administration at VFS Global, has decided to defer buying a property. "I am expecting a correction in property price. I will only take a call about buying after the elections."
‘NHB data on Hyderabad realty do not reflect ground situation’
Sep 06, 2013
HYDERABAD: The Confederation of Real Estate Developers’ Associations of India (Credai) today said that the recent report by the National Housing Bank on real estate price fall of about 4.5 per cent in Hyderabad does not reflect the actual situation.
New supplies, resellers to bring down home prices
Sep 04, 2013
BANGALORE/MUMBAI: If you have been waiting to buy a home, this could be your chance for some bargain hunting as nearly five lakh apartments are expected to be delivered this year, shaking up an already oversupplied home market and forcing investors to sell them in a hurry.
Slowdown in real estate forces builders to cut prices
Sep 03, 2013
DELHI: There are no takers for close to 6 lakh homes in the country, forcing builders to cut prices and dole out freebies, which many hope will herald the much-awaited correction in the home market ahead of the festival season.
Slowdown in real estate forces builders to cut prices and dole out freebies
Sep 02, 2013
DELHI: There are no takers for close to 6 lakh homes in the country, forcing builders to cut prices and dole out freebies, which many hope will herald the much-awaited correction in the home market ahead of the festival season.
Housing prices see downward trends in 22 major cities: National Housing Bank
Aug 28, 2013
DELHI: Housing prices in 22 major cities, including Delhi and Mumbai, are witnessing downward trend in April-June period compared to the previous quarter due to slowdown in demand, National Housing Bank said today.
CII inks MoU with National Housing Bank to promote green housing
Jul 13, 2013
DELHI: Industry body CII today inked a memorandum of understanding (MoU) with National Housing Bank to promote adoption of energy efficient green homes in the country.
Housing finance regulator to back HDFC application for $500-m ECB
Jul 04, 2013
BHUBANESWAR: National Housing Bank (NHB), the housing finance regulator, is favourably disposed to HDFC's application for a $500-million external commercial borrowing (ECB) for affordable housing projects in India.

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