Housing
Housing News
Heated pool, spas, and nannies on call: How India is experiencing a ‘mad rush’ for luxury housing
According to industry executives, many Indians want to upgrade their homes after the COVID-19 pandemic confined them indoors. Working from home has also increased demand for larger apartments, which has been fuelled by rising incomes and India's growing population of nouveau riche
2023: The year of explosive growth for Indian real estate
In 2023, there will also be an increase in home rates and rental yields. The holiday destinations have posted remarkable growth along with some major cities, which will continue to be the trending
Budget 2023-24 Expectation: How government support to real estate can benefit customers, developers and economy
By 2025, the real estate sector is expected to fund 13 per cent of India's GDP, the sector also happens to be the industry that produces the second-highest amount of jobs
SPM-NIWAS: How an institution seeks to transform water and sanitation services to millions
The Government of India has been implementing transformational programmes to enhance 'ease of living' by ensuring basic facilities and essential services
Russia-Ukraine conflict: Harvard students' site helps Ukrainian refugees find housing
More than 18,000 prospective hosts have signed up on the site to offer assistance to refugees seeking matches with hosts in their preferred or convenient locations
Ajit Pawar launches online registration process for 5,647 MHADA houses in Pune division
These residences will be built in Pune, Kolhapur, Sangli and Solapur, an official statement said
Donald Trump plays on racist fears of terrorised suburbs to court White voters
In recent weeks, as the president’s poll numbers have tumbled, some of his advisors have told Donald Trump to try to convince a sceptical nation that he has been effective in managing the virus crisis and is taking it seriously
Godrej Properties sees strong sales this year despite COVID-19; cash flow may pose challenges
Buoyed by record sales bookings of Rs 5,915 crore last fiscal, realty firm Godrej Properties expects to repeat its strong performance on sales front this year despite coronavirus pandemic, but sees cash flow as a challenge due to slow construction activities
Banks not passing lower interest rate benefits to borrowers, developers: CREDAI tells RBI
Realtors' apex body CREDAI has written a letter to RBI, complaining that banks are not passing lower rate benefits to home loan borrowers and cash-starved developers
Stimulus package: Nirmala Sitharaman says housing subsidy scheme for middle-income families extended till March 2021
Finance Minister Nirmala Sitharman on Thursday announced a Rs 70,000-crore boost to the housing sector by extending the subsidy scheme for affordable housing for the middle-income group
Tata Housing to sell ready flats in 17 projects online; buyers can pay 10% now, rest in January next year
Leading realty firm Tata Housing on Wednesday launched an online campaign to sell completed housing units in its 17 projects, offering prospective buyers to book their flats by paying 10 percent now and rest in January next year
Coronavirus Outbreak: COVID-19 a grim reminder for govts to improve sanitation, housing in cities to prevent pandemics; science won't be enough
The ability to quickly overpower disease outbreaks through the use of science, innovation and technology had led governments to neglect their role in effective prevention of such epidemics.
Motilal Oswal Real Estate raises Rs 1,150 cr; commits Rs 550 cr investment in 9 projects
Motilal Oswal Real Estate (MORE) has raised Rs 1,150 crore for its fourth realty fund from HNIs to invest in housing and commercial projects across six major cities, and has committed of around Rs 550 crore in nine projects from this fund, a senior company official said
Maharashtra govt orders landlords to postpone rent collection for 3 months; says no tenant should be evicted for non-payment of dues
The order also asked them to not evict tenants due to non-payment of rent during this period.
Coronavirus Outbreak: Invisibility of circular migrants in host states is at the heart of their exodus from urban centres
Since the start of the coronavirus crisis, many issues have begun to emerge from their dormant existence and unfold dramatically to capture the public's mind
Coronavirus Outbreak: Realty sector welcomes lockdown extension, seeks relief package to cushion liquidity crisis
The real estate industry on Tuesday welcomed the decision to extend the lockdown period till 3 May, but said the government should allow limited construction activities with proper safety and also provide a relief package to ease the liquidity crisis faced by builders
Coronavirus Outbreak: Housing sales drop 29% in Jan-Mar; Bengaluru registers highest fall of 52%
Housing sales fell 29 percent during January-March period across seven major cities to 27,451 units while the value of unsold inventories swelled to Rs 3.65 lakh crore as buyers postponed their buying decisions amid COVID-19 outbreak, according to JLL
Govt asks state-run banks to provide liquidity support to corporate borrowers; SBI rolls out emergency credit line
Small businesses have been approaching banks to provide additional liquidity support, also warning that loan repayments may be delayed.
On-lending by banks to NBFC, HFCs to be part of priority sector in FY21, says RBI
The Reserve Bank on Monday said bank credit to registered NBFCs towards agriculture, MSEs and housing sector up to prescribed limits will be treated as priority sector loans during the next fiscal starting April