Home Sales

Real Estate Bill offers some breathing space for builders but it's indeed a buyers' market

It will be interesting to watch how the real estate market unfolds. As for now, it’s a buyers’ market

With rising inventories oil prices are falling, but real estate prices are not: Here's why

The reason for this is that the ill-gotten wealth of politicians has been invested in real estate through the “benami” route over the years. In fact, the government or rather governments (the central government as well as state governments all over India) can do a few basic things to try and reverse the situation.

Now, a buy-1-get-1-free offer in realty: Supertech offers 'free' flat to woo buyers, but at a price

Noida-based Supertech will also give free Flipkart gift vouchers worth Rs 1 lakh to its prospective customers.

Forget one-off expensive deals, Q1 saw worst home sales in Mumbai

In the last one month, several big-ticket land deals and home sales in prime localities were front paged in national dailies creating an impression that real estate is actually not in that bad a shape. But the reality couldn't be further.<br /><br />

Why analysts do no buy DLF's claim on meeting debt reduction target

India's largest realty firm DLF today said its net debt has reduced by over 6 percent during quarter ended June to Rs 20,369 crore helped by improved sales and funds raised via share sale to institutional investors.<br /><br />

DLF reports first ever quarterly loss of Rs 4 cr on slow home sales

Crisil expects car, home sales to dip after RBI steps

CRISIL expects car sales to dip 2-3 percent, new home sales by 400 basis points (bps) and volume growth for steel and cement to fall about 100 bps due to the measures.<br /><br />

Revival in realty funding and launches imply prices won't come down

While the finance minister's directive will only increase lenders' exposure to risky projects, buyers are unlikely to see any respite on the price front.

Inflation bites, home sales dip in all major cities

Home sales have fallen during the first half of 2012 in all major cities, including National Capital Region (NCR), Mumbai and Bangalore, as buyers postponed purchases in anticipation of cut in interest rates, said global property consultant CBRE.

DLF hit by slowing home sales, net profit declines 29%

Founded by billionaire KP Singh, DLF, which is valued by the market at $5.9 billion, has been selling non-core assets to reduce its net debt, which was $3.15 billion as of end-June.<br />