Housing Sales
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GST cut on housing sales 'revolutionary step', will help to narrow down demand mismatch gap: Experts
•Sales of under-construction houses were severely affected as there was no GST on completed homes. Developers had been demanding cut in GST rates
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.
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
Home launches fall 33% in January-September, supply of low-cost homes up
•All cities, barring Mumbai, saw a decline in new home launches, mostly due to the introduction of the Real Estate Regulatory Act (RERA) and GST implementation
Home sales down 41% during January-May as demand fails to pick up after note ban
•Housing sales stood at 1.10 lakh units across 42 major cities during January-May 2017 against 1.87 lakh units in the year-ago period, says realty analytics firm PropEquity
Robust sales: Godrej Properties sells over 1000 flats in 3 new projects since March for Rs 1,000 cr
•The company sold 130 flats in the Mumbai project, 500 flats in Greater Noida and over 450 units in Pune
Post demonetisation cheer: Housing demand bounce back sharply in Jan-Mar qtr, sales jump 13%
•The affordable housing segment is likely to make sizable gains after getting infrastructure status and both sales and launches are expected to improve from the current level
DLF net debt rises 5.43% to Rs 24,397 cr as lower sales, negative sentiment post note ban weigh
•The net debt of India's largest realty firm was Rs 23,140 crore as on September 30, and increased further at the end of December
Demonetisation impact: Housing sales down 44% in Oct-Dec 2016
•The property consultant has pegged the state government's notional loss on stamp duty at Rs 1,200 crore.
Housing sales drop 22% in July-Sep quarter in India's 8 big cities
•New launches also fell by 22 percent at 22,745 units from the previous quarter, while unsold stocks declined by 3 percent