Pune’s residential market saw an 8% annual sales decline in 2025 despite lower interest rates, as rising prices (7.3% YoY) and 'sticker shock' dented affordability. Developers face pressure to adjust strategies amid falling new launches (-10.3%) and slowing demand in mass segments.
JLL India forecasts Mumbai's residential market to approach peak affordability by 2025, driven by projected interest rate cuts and balanced price growth. Homebuyers may benefit from improved financing terms and reduced borrowing costs, creating favorable conditions for purchases.
The Reserve Bank of India (RBI) uses the repo rate, the interest rate at which it lends to commercial banks, to control inflation.
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.
Credai Maharashtra highlights concerns of a 22% sales dip in real estate, attributing it to inflation, high interest rates, and regulatory delays, while affirming Pune's relative stability.
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.
Budget 2013 is anticipated to favor home buyers, with potential provisions for affordable housing. Realty players seek tax exemptions and lower interest rates.
RBI's rate cuts have reduced home loan interest rates, reviving the residential market and boosting buyer sentiment across India.
The Reserve Bank of India has reduced the Repo Rate, allowing banks to offer home loans at lower interest rates, benefitting new borrowers significantly.
Real estate shares are under significant selling pressure due to high inflation and interest rates, with notable declines across major companies like DLF and Unitech.
This year's festive season did not uplift the struggling real estate market, with residential sales falling by 8.5%, attributed to high prices and interest rates.
CREDAI urges real estate developers to lower property prices to address high unsold inventory, amidst suggestions from Finance Minister P Chidambaram for economic revival.
CREDAI anticipates a 20% rise in housing sales in major Indian cities, spurred by lower interest rates. They also address environmental clearance delays.
Mumbai's real estate market shows signs of recovery with increased property registrations and new project launches. Festive occasions, discounts and lower interest rates are driving demand.
Mumbai faces longer sales times for its 1.13 lakh unsold units due to high prices, despite having fewer unsold units than Delhi NCR. Rate cuts by RBI could boost sales.
The article discusses the lack of housing price data in India, contrasting it with the US and UK, highlighting the implications for individuals in the market.
ICICI Bank reported a 31% quarterly profit increase, anticipating loan growth supported by a recent rate cut despite concerns about India's economic outlook.
RBI's annual Credit Policy sparks optimism in the affordable housing segment, with realtors hopeful for lowered interest rates. However, concerns over inflation persist.
Indian real estate sector faces liquidity concerns due to global debt worries, with 2012 expected to be a challenging year with expensive debt, cautious private equity, and a rise in structured debt deals.
The RBI's decision to cut key lending rates by 50 basis points is seen as a significant boost for the real estate sector, benefiting both developers and home loan customers.
Realty firms appreciate RBI's decision to cut short-term lending rate, expecting reduced costs for both homebuyers and developers. It anticipates a boost in property demand.
Lemon Tree Hotels aims to open 100 hotels in India by 2020, expanding its capacity to 10,000 rooms, while delaying its real estate venture with Warburg Pincus.