News articles tagged Home Sales

According to experts in the field, the RBI’s decision to maintain repo rates will not stop the housing expansion

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.

West Bengal: Real estate rebate window extended till 31 Jan 2022

The West Bengal government has extended the real estate stamp duty rebate and circular rate reduction until January 31, 2022, to boost home sales amid rising demand.

Kolkata real estate take a hike after Price protect scheme

Kolkata's residential market rebounds post-demonetization with innovative price protection schemes. Demand has surged by 15%, boosting sales and queries.

New home launches up by 5 pc in the first half

In the first half of the year, India's major cities witnessed the launch of 1.32 lakh homes, a 5% increase compared to last year. New launches have declined in Q3.

Property Rates Jump By 66% In Mumbai, Report

Mumbai property rates soar 66% in four years due to land scarcity and limited supply, defying expert predictions of price correction.

Realty Investment in the Last Fiscal, Gujarat Tops

Gujarat led realty investments in the last fiscal year, capturing 41% of total investments, despite a nationwide decline. The state's growth surged by 700%.

Home Sales Witness No Signs Of Improvement

Home sales across major Indian cities continue to plummet despite developers offering incentives, with Hyderabad experiencing the steepest decline of 46%.

New Launches in Mumbai, Offered At Low Rates

Developers in Mumbai are slashing prices for new launches by up to 15% to stimulate home sales amid sluggish market conditions, aiming to attract buyers.

Home Prices Sees Rise Despite Weak Home Sales

Mumbai's residential property prices have increased by 2.9% to Rs. 11,626 per sq. ft. However, property sales have slowed down, with only a marginal increase of 1%.

No Property Buyers, Realty Developers Troubled

Soaring property prices deter buyers, leaving developers with unsold inventory and financial struggles. Major cities face declining sales, impacting developers like Mantri Realty.

Vasundhara Enclave Fails To Attract End-Users

Vasundhara Enclave in Delhi-NCR has the potential to attract end-users but is facing weak demand for housing units. Property prices are stable with low demand.

New Launches in Mumbai Sharply Fall In 2013

New project launches in Mumbai have significantly declined in Q1 2013 compared to Q4 2012, attributed to weak home sales and cautious developer strategies.

NCR Residential Market Hit by Delayed Projects

Project delays plague NCR's residential market, causing a 31% drop in new launches and leaving 140,000 unsold units, impacting homebuyers and developers.

CREDAI NCR ponders over regulating property dealers

CREDAI NCR aims to regulate property dealers and boost home sales by mandating disclosure of saleable and carpet areas in brochures, introducing lock-in periods for resale, and imposing higher transfer charges.

Home Sales Improve In Mumbai & Bangalore

Home sales, particularly new launches, experienced growth between January and March, spurred by developer discounts. Bangalore and Mumbai saw improved sales.

Home sales pick up in NCR by 46%: reports PropEquity

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.

Home Loan Rates Increases Tends to Increase Home Prices

RBI's rate hike impacts homebuyers, say builders and bankers. Increased interest rates expected to further lower home sales as buyers reconsider purchases.

Brokers Hunt for Jobs as Slump Hits Realty Sales

Real estate brokers in major Indian cities are switching to other businesses due to a slump in home sales. Smaller players are particularly affected, forcing many to seek jobs in different sectors.

Residential property prices rise

Indian residential property market shows signs of recovery with increased sales and prices during the festive season.

Attention turns to rental real estate market

Rental property investments are gaining traction in India as home sales slow, with Hyderabad showing mixed trends in both sales and rental demand.

Home Rates May Drop Upto 12%

Leading real estate developers in Mumbai unanimously agreed to reduce home prices by 10-12% during a recent meeting at the Grand Hyatt Hotel.

RBI's judgment has spooked real estate cos

RBI's decision to hold interest rates steady has disappointed the real estate sector, which is grappling with a housing slowdown. Industry experts express concern over high mortgage costs and anticipate varied impacts across markets.