The repo rate has been kept unchanged at 4 percent by the RBI. In its bi-monthly review meeting, the Monetary Policy Committee of the RBI has maintained accommodative stance amidst uncertainty regarding the economic impact of the second corona wave…
Hailing the RBI’s decision to keep policy rates unchanged, the real estate industry on Friday said the low-interest regime on home loans will continue, aiding revival in housing demand that has been hit badly during the last two months due…
Developers believe by keeping the repo rate unchanged, the central bank has taken the step towards the right direction in the current circumstances. Real estate developers hailed the RBI move to maintain status quo on key policy interest rates in…
After a significant correction last year, housing prices are likely to remain stable, or even witness a moderate hike in the coming months, despite a dip in demand due to the second Covid-19 wave. “The sale of housing units rose…
Creating affordability in the residential segment has been a well-intentioned conundrum that Indian developers have been unravelling over the past decade. With tenets of real estate development challenged, hard-earned perspectives have been displaced, and precious learnings from failures have galvanized…
Five years after the enactment of the Real Estate Regulation Act (RERA), the law much-needed has not only transformed the real estate sector but is also becoming the force it was meant to be. The law, which became a reality…
With an aim to address the housing needs of the lower and middle income households, the Government of India (GoI) launched the Affordable Housing Scheme in June 2015. Compared to a common residential housing, affordable housing units are eligible for…
Weighted average prices for new launched projects in a majority of India’s top cities remained muted in the past few quarters, with prices appreciating marginally in the range of 1–3 percent annually, the PropTiger report said Nearly half of the…
Nearly half of the total housing demand in primary residential market across eight major cities is for 2 bed room apartments costing up to Rs 45 lakh, digital real estate brokerage firm PropTiger said. In its latest Real Insight report…
Pradeep Aggarwal, founder & chairman, Signature Global Group; chairman, ASSOCHAM, National Council on Real Estate, Housing and Urban Development, puts forward some ideas With improved demand and supply in the affordable housing market, the real estate sector, which has been…