Home buyers

NHB’s Move on Subvention Schemes – Boon or Bane for NRI Homebuyers

-by Shajai Jacob In a recent move, the National Housing Board (NHB) has directed Housing Finance Companies (HFCs) in India to ‘desist from offering’ loans for financing subvention schemes offered by developers. Loan disbursements will now have to be strictly linked to construction progress. While thi...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

Real Estate Budget Wish List: More Tax Benefits Needed To Generate Demand

by Anuj Puri With the Modi Government taking full charge, all sectors have pinned high hopes from the finance minister – who is already saddled with multiple issues including the slowing economy, liquidity crunch due to NBFC crisis, lack of job creation and rising NPAs, among others. Without co...Read More

Despite RERA, one-fifth of home buyers prefer refund, says Magicbricks

– 72% buyers want to file RERA complaint for delay in possession -19% home buyers would prefer a refund in case of delayed possession Ever since it was formed two years ago, Real Estate (Development and Regulation) Act 2016, (RERA) has brought in a ray of hope and is the first choice for home b...Read More

Safety checks for fire hazards in new projects – RealtyMyths

by Akhilesh K Prasad When it comes to hazard management, no building can be 100% fire safe. Home buyers should inspect the prospective project on some basic parameters before closing the deal, with a view to ensuring that the maximum fire safety. The following is a basic guideline for buying a fire s...Read More

KeyVendors: Online on-demand Home Services market to grow at a CAGR of 52% by 2022 – RealtyMyths

One of a kind in India announces Vastu Interior Design and AC service and repair in all 10 cities KeyVendors, Find the Right Vendor – Right Away, an Indian startup, aims to be a trusted one-stop resource for the entire scope of home-related services required by today’s savvy homeowners fo...Read More

Magicbricks Poll: Nearly 50% home buyers had to wait three years to get possession – RealtyMyths

36% of home buyers had to wait 5-10 years for house keys Inordinate delays in delivery of residential projects by cash-strapped developers remain the main cause of concern for Indian home buyers as a recent poll by Magicbricks, India’s No. 1 property portal, revealed that almost 50% home buyers had t...Read More

Are you a 1st time home buyer – Checkout these schemes

by Pooja Bhatia, A first-time home buyer in India is entitled to a host of benefits, courtesy the present government at the centre. Besides schemes for first time home buyers, there are tax benefits and government subsidy for them. Today, we list you the first-time home buyer benefits that make it ea...Read More

GST major reform for Indian economy, real estate needs a few aspects to be tweaked

Dr. Niranjan Hiranandani The Goods and Services tax (GST) has undisputedly, been the biggest reform for the Indian economy since 1947, as also a paradigm changing event for the real estate industry. On completion of the first year under the GST regime, Mr. Niranjan Hiranandani, President, National Re...Read More

Government will shortly sort out problems of home buyers as well as builders in general and even RERA related

Hardeep Singh Puri Mr.  Hardeep Singh Puri, Union Minister of State with Independent Charge in the Ministry of Housing and Urban Affairs on Friday assured the home buyers as well as real estate builders across the country that the government would sort out most of their common problems as soon as pos...Read More

Piramal Finance targets affordable and mid-income housing sector

RM Correspondent Piramal Finance Limited (PFL), a subsidiary of Piramal Enterprises Limited, has set up a dedicated team to invest in affordable and mid-income residential projects across major metros in India. PFL has identified an initial pipeline of INR3000cr with transactions across the major met...Read More

What Indian real estate needs from Union Budget 2018-19

Anuj Puri, Chairman – ANAROCK Property Consultants Every year, the Union Budget presents the Government with an opportunity to tweak the direction that the Indian economy is taking. Sometimes, hard decisions are taken which, while necessary, do not necessarily go down well with Mr. Everyman. At...Read More

Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.