Affordable Housing
New Luxury Housing Supply Triples in 2 Years Since DeMo
by Anuj Puri Along with the resale homes market, luxury housing took the hardest hit after demonetization. The Government’s continued focus on affordable housing coupled with the surgical strike on high-value currency denominations in November 2016 took the sheen off luxury housing for two years in a...Read More
RBI Repo Rate Cut: A Significant Boost Ahead Of The Festive Season For The Real Estate Sector
by Santosh Sinha The real estate industry welcomes the decision by the Reserve Bank of India to cut the Repo Rate by 35bps, 4th consecutive rate cut in the year 2019. And why not, the sector is about to enter the festive season. The real estate developers expect to boost their sales in the upcoming q...Read More
For the Reserve Bank of India growth is now the highest priority
by Niranjan Hiranandani The fourth straight cut in the benchmark repo rate is a welcome step which will make borrowings cheaper and would help boost in demand in several sectors like real estate and auto which has been sagging since last several quarters. It would also help in bringing about some bal...Read More
RBI Cuts Repo Rate by 35 bps , Won’t Boost Real Estate Much
– by Anuj Puri The hard facts of declining consumption and a deepening economic slowdown in India are inescapable, and real estate has been severely impacted by them. To this gloomy backdrop, the RBI’s repo rate cut of 35 bps to 5.4% announced in the latest monetary policy is obviously welcome....Read More
CREDAI report – “Exploring the Future” identifies trends in Real Estate
CREDAI in association with its knowledge partner CBRE, today released a report “India 2030 – Exploring the Future” at its 19th Annual International Convention, NATCON 2019 in Israel. The report encapsulates the potential of the Indian economy by 2030 and its implications on the growth of the Indian R...Read More
Signature Global named top brand in affordable housing
Signature Global has added yet another feather to its cap by earning the distinction of being India’s number one brand name in affordable housing, ahead of mega brands like Tata, Godrej, Mahindra Lifespaces, Lodha and Puravankara. This has been revealed in a RICS- Knight Frank report – Af...Read More
Real Estate Attracts $2.2 Bn Institutional Funding in H1 2019
– by Shobhit Agarwal A majority government at the Centre is gradually reviving private equity’s confidence in Indian real estate – especially the commercial sector. ANAROCK research indicates that PE players infused USD 580 mn into Indian real estate in the month of June, immediatel...Read More
Only 29% of H1 2019 Housing Supply Qualifies for Govt. Sops in top 7 Cities – ANAROC
-by Anuj Puri Only a paltry number of developers have built housing that meets the Government’s criteria for incentivized affordable housing in 2019. ANAROCK data reveals that of the total housing supply of 1,39,490 units in the top 7 cities H1 2019, merely 39,840 units meet these criteria. The Gover...Read More
Union Budget 2019-20: A Boost to NRI Investors
– by Shajai Jacob The Union Budget 2019 announced on 5th July brings in a mixed bag of emotions for the NRI investment community. While positives like better tenancy regulations and an enhanced NRI portfolio route back to India provide the much-needed stimulus to their confidence, some policies...Read More
Housing Absorption Declines 13% in Q2 2019 – ANAROCK
by Anuj Puri As anticipated, residential real estate activity remained largely tepid during the second quarter of 2019 in the backdrop of the general elections during the period but the recent Union Budget sops for the affordable sector may give the much-needed push to the segment henceforth. ANAROCK...Read More
Union Budget 2019: Emphasizes ease of doing business and ease of living
by Anshuman Magazine The government has announced a progressive budget that will go a long way in the creation of a well-balanced and empowered economy. The Finance Minister Mrs. Nirmala Sitharaman in her first-ever budget presentation struck a fine balance between ease of doing business and ease of ...Read More
Union Budget 2019: Real estate has a few hits and several misses
by Anuj Puri Overall, Union Budget 2019-20 is a balanced one with more of a long-term vision as a follow-on of the Interim Budget. It has obviously been formulated to restore confidence in the India growth story as a whole, and more importantly within India Inc. As far as real estate is concerned, th...Read More
