RBI introduces relaxed Loan-to-Value ratios, priority sector norms, and RERA compliance to enhance home loan accessibility in Mumbai's real estate recovery.
RBI's 50-bps repo rate cuts have boosted Delhi's mid-segment housing demand, with a 15% rise in inquiries for homes between ₹50 lakh-₹1 crore. Lower EMIs and improved affordability are driving renewed buyer interest post-reduction.
CREDAI Gandhinagar's Three-Day Property Fest (10-12 January 2025) Features 120+ Projects Across Three Cities with Loan Approval and Discounts up to ₹1 Lakh.
The Reserve Bank of India (RBI) uses the repo rate, the interest rate at which it lends to commercial banks, to control inflation.
In Q1 2024, India's top seven cities recorded over 1.30 lakh homes sold, the highest in a decade, supported by the RBI's decision to maintain a stable repo rate.
Residential sales in Bengaluru fell 2% YoY in Q1 2024, while sales of units priced above Rs 1 crore saw a 40% increase across top 8 cities.
The real estate industry hopes for tax breaks, a broader definition of affordable housing, and increased retail participation in REITs in Budget 2024.
Hyderabad's demand for 3BHK homes is driven by changing lifestyles and financial factors, prompting developers like IRA Realty to meet this trend with new projects.
China's Evergrande faces liquidation, impacting the global market, while India's real estate remains resilient due to government initiatives and RERA regulations.
This article explains the process of registered mortgages in India, detailing application steps, benefits, and how to remove registrations effectively.
The residential real estate market in Kolkata has shown a strong recovery with a 124% year-over-year increase in property registrations in July 2022.
Noida homebuyers face increased EMIs due to delayed apartment registrations. Banks are charging an additional 2% interest because of unresolved issues between the Noida Authority and developers.
UP-RERA is working alongside the state government to address the deadlock in flat registrations, impacting over 50,000 home buyers in Noida and Greater Noida.
India's second COVID-19 wave threatens real estate recovery, impacting office and housing markets. Experts predict varying effects on sales and demand.
Multiple banks, including SBI and HDFC, have decreased home loan interest rates, aiming to boost housing sales before the financial year ends. Experts anticipate increased demand.
India's real estate sector, particularly residential, is rebounding thanks to government policies like reduced home loan interest rates and tax relief, attracting more buyers and foreign investment.
The RBI's three-month moratorium on home loan repayments aims to alleviate financial burdens for homebuyers amidst COVID-19, aiding economic stability and liquidity for developers.
India's affordable housing schemes gain infrastructural status, boosting demand and lowering costs for builders and homebuyers alike.
Realty major Unitech Ltd reported a 50% decline in property sales during the first half of the current fiscal due to global market slowdown.
Banks invest heavily in real estate despite slow demand, funding 56 projects worth Rs 65,000 cr in H1 2013-14.
In response to RBI's new loan policy, developers are introducing offers and freebies to attract buyers amid an economic slowdown and unsold inventories.
Indiabulls Housing reduces home loan rates by 0.15% to 10.25%, valid till November end for loans under Rs 25 lakh.
The Reserve Bank of India cut the repo rate by 0.25%, a move welcomed by realtors but deemed insufficient by some developers who believe a larger cut is needed to significantly impact the real estate sector.
Home sales in NCR have surged by 46% in January, with clear property acquisition issues boosting buyer confidence. New launches dropped by 35% as developers focused on reducing unsold inventories.
Budget 2013-14: Rs.1 lakh interest deduction for first-time home buyers, benefiting middle-income class