Home buyers can now get more loan for property up to Rs 30 lac
Banks can now provide home loans up to 90 percent for properties that cost Rs 30 lakh or below, RBI said Thursday.
Oct 08, 2015, 19:37 PM IST
Sebi bans Rahul Hi Rise from raising money from public
Stock market's regulator Sebi has barred Rahul Hi Rise and its directors from raising funds from investors till further directions. The regulator has also barred them from the securities market.
Oct 02, 2015, 14:38 PM IST
Housing sector gets leg-up as RBI to lower minimum risk weight
Banks will be able to free more funds to lend for affordable housing as the Reserve Bank on Tuesday proposed to lower the minimum risk weight on housing loans from the current 50 percent.
Sep 29, 2015, 16:22 PM IST
Realtors ask banks to pass on benefits of RBI rate cut
Hailing the Reserve Bank's decision to cut interest rate by 0.50 percent, real estate developers on Tuesday asked the banks to pass on the benefits to home loan borrowers that would help revive housing demand especially during upcoming festive season.
Sep 29, 2015, 15:43 PM IST
Dubai property developers upbeat despite falling prices
There is a negative sentiment largely driven by oil prices.
Sep 10, 2015, 19:40 PM IST
Over 7 lakh homes unsold in top 8 cities: Knight Frank
The national capital region (NCR) market had 1.9 lakh unsold homes as of June.
Jul 28, 2015, 18:06 PM IST
Home loan delinquencies more than halve in last 5 years: Cibil
The percentage of non-performing assets (NPAs) from the home loans segment has dropped to 0.57 in March 2015 compared to 1.06 at the end of 2010, it said in a report.
Jun 23, 2015, 18:39 PM IST
IT/ITeS corners lion's share of office space at 69%
The property consultant said Bengaluru recorded the highest absorption at 3.77 million sq ft during the first quarter of 2015, out of 8.56 million sq ft leased in these cities.
May 25, 2015, 15:38 PM IST
Real Estate Bill sent to select committee of Rajya Sabha
A united Opposition on Wednesday forced Government to send the controversial Real Estate Bill that seeks to regulate realty business, to a 21-member select committee of Rajya Sabha, which has been asked to submit its report by the first week of the Monsoon Session.
May 06, 2015, 17:57 PM IST
Opposition forces deferment of Real Estate Bill in Rajya Sabha
Sensing the mood, the government, which faces numbers crunch in the Upper House, said it was not insisting on taking up the bill even though it was listed.
May 05, 2015, 16:46 PM IST
Opposition forces deferment of Real Estate Bill in Rajya Sabha
Opposition on Tuesday forced deferment of Real Estate Bill in Rajya Sabha, insisting on referring it to Select Committee of Parliament.
May 05, 2015, 14:31 PM IST
Property market to improve by March 2016: Fitch
"The property development sector (will) be a key beneficiary of reductions in housing loan interest rates by several domestic banks in April 2015," the agency said.
Apr 20, 2015, 11:42 AM IST
JLL India to provide consultancy services in infra sector
Property consultant JLL India on Monday said it has formed a separate vertical to provide services to the infrastructure sector.
Apr 06, 2015, 15:42 PM IST
EPFO sets up expert group to consider housing scheme
Over 70 percent EPFO subscribers' basic wages are less than Rs 15,000 per month.
Mar 18, 2015, 11:58 AM IST
Realty industry hails rate cut by RBI
The industry on Wednesday hailed RBI's decision to cut repo rate by 0.25 percent, saying the move will help the sector to tide over the liquidity crisis.
Mar 04, 2015, 19:07 PM IST
Rising US dollar strengthening real estate market in Dubai
Rising US dollar combined with world class infrastructure and high quality of life are strengthening real estate market in Dubai which is competing with other global cities such as Paris and London, according to a report.
Feb 24, 2015, 13:52 PM IST
Housing sales may not recover in 2015-16 fiscal: India Ratings
Housing sales are unlikely to recover in the next fiscal as high property prices have made residential units unaffordable for end-users, India Ratings & Research said while maintaining a negative to stable outlook on the real estate sector.
Jan 27, 2015, 18:17 PM IST
Smart cities progress to hinge on power, infra and others
A successful development of proposed smart cities across the country will depend on five critical elements such as power, infrastructure, funds, technology and social capital, property consultant Cushman & Wakefield said Thursday.
Jan 22, 2015, 17:09 PM IST
Credai calls for reforms in realty sector in New Year
The Confederation of Real Estate Developers' Association of India (Credai) also sought "political will" for reforms.
Dec 25, 2014, 20:33 PM IST
'Bring real estate bill to Parliament for passage soon'
To provide relief to consumers in an "unregulated" real estate sector, a parliamentary panel has asked the Housing and Urban Poverty Alleviation (HUPA) Ministry to urgently bring the Real Estate (Regulation and Development) Bill, 2013 to Parliament for its passage.
Dec 18, 2014, 22:50 PM IST
