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Around 5.6 lakh housing units worth Rs 4.51 lakh cr face delays in 7 major cities: Anarock
•Around 5.6 lakh housing units, worth Rs 4.5 lakh crore in seven major cities are running behind the delivery timelines mainly due to demand slowdown and fund diversion by developers, according to property consultant Anarock
Global property consultant CBRE to hire 3,000 employees in India this year to grow business
•CBRE's India revenue grew 20 percent during 2018 and expects to maintain its growth even in 2019, he said, but did not disclose the turnover figure.
Unsold housing stocks in NCR decline 9% during 2018; stalled projects still worrisome: Report
•In the data released on Tuesday, the consultant said, housing sales in National Capital Region (NCR) rose by 18 percent during 2018 to 44,300 units from 37,610 units in the previous year.
Real estate shows recovery signs, housing sales rise 50% in 2018; year-end liquidity crunch limits strong growth
•Property developers and consultants expect housing sales to remain subdued in the first half of 2019 due to the continuing NBFC liquidity crisis and upcoming general elections.
Housing sale rises 6% in 8 major cities in 2018 as developers reduce prices, offer indirect discounts: Report
•Compared with other property consultants, Knight Frank has reported the lowest rise in housing sales during 2018 at 6 percent
NBFC liquidity crisis rattles realty sector; may hit demand-supply and fund inflows to developers: Report
•The NBFC sector is under crisis since last month when it came to light that IL&FS group defaulted on short-term loans.
Hyderabad sees 26% rise in housing prices since 2013 despite weak investor sentiments: ANAROCK report
•Housing prices in Hyderabad rose have increased by 26 percent since 2013 despite weak investor sentiments and agitation for Telangana, according to property consultant ANAROCK.
Housing units worth Rs 4.64 lakh cr delayed in seven top cities despite RERA implementation: ANAROCK report
•Nearly 5.76 lakh housing units worth Rs 4,64,300 crore are delayed in seven major cities of the country despite implementation of the new real estate law RERA that came into effect May last year, according to property consultant ANAROCK