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
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
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 (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
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.
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
Coronavirus: Hit on domestic cement demand likely to be transient, says Kotak Institutional Equities
Even though the ongoing temporary shutdown in the wake of Covid-19 has impacted construction activities across the country resulting in a decline in cement uptake, the hit on domestic demand is transient, says Kotak Institutional Equities
Realtors' apex body CREDAI has said the construction work has come to a standstill while sales have been hit following the outbreak of coronavirus, and demanded the government to provide a three-month moratorium on debt repayment, additional liquidity and more time to complete ongoing real estate projects
Housing sales bookings of top 9 listed realty firms up 2% at nearly Rs 5,800 cr in Q3; new launches halve in April-December period
The first three quarters of fiscal 2020 indicate that the overall sales bookings of the top 9 developers was close to Rs 16,500 crore as against Rs 15,730 crore during the corresponding period of the previous year.
Homebuyers' body FPCE has written to a Parliamentary panel on finance, opposing an amendment in the insolvency law that seeks to insert a minimum threshold for flat owners to approach the National Company Law Tribunal (NCLT) against builders who have defaulted
There are measures announced in the Budget which help to facilitate business, especially SMEs which is useful
Narendra Modi govt thrives on popularity in polls, but grim reality on roti-kapda-makaan provides stark contrast
Poll on poll indicates that the Narendra Modi government still remains the most popular government of the day, yet poised to win a Lok Sabha election if it may come.