Housing Sector

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Housing Sector - Total results - 20
Mumbai's low-cost housing crunch: As activists blame weak political will, MHADA insists its flats continue to be popular
India

Mumbai's low-cost housing crunch: As activists blame weak political will, MHADA insists its flats continue to be popular

In Mumbai, slums, lacking in basic infrastructure and amenities like water and electricity continue to proliferate, even as huge numbers of luxury housing units remain unsold.

Budget 2020: Bold fiscal measures, strong implementations will provide much-needed fillip to sagging real estate sector
Business

Budget 2020: Bold fiscal measures, strong implementations will provide much-needed fillip to sagging real estate sector

Recent estimates indicate that some of the pain points of the real estate sector include delayed projects, shortage of funds, high unsold inventory and stalled projects.

Why Nirmala Sitharaman’s back-to-back growth booster pills aren’t working yet to cure India's big consumption collapse
Business

Why Nirmala Sitharaman’s back-to-back growth booster pills aren’t working yet to cure India's big consumption collapse

It was in August when Union Finance Minister Nirmala Sitharaman began announcing back-to-back measures to address the economic slowdown

No stressed MSME loan can be declared NPA till March 2020; govt asks banks to hold loan melas in 400 districts from 3 Oct
Business

No stressed MSME loan can be declared NPA till March 2020; govt asks banks to hold loan melas in 400 districts from 3 Oct

Bank loan disbursements to the MSME sector stood at Rs 11.83 lakh crore in 2018-19, as against Rs 8.53 lakh crore done in 2017-18

GST panel unlikely to favour tax rate cut for auto, component sectors; revenue losses major concern for govt
Business

GST panel unlikely to favour tax rate cut for auto, component sectors; revenue losses major concern for govt

The auto sector, which has been reeling from the worst slump in nearly two decades, has pushed for a lowering of tax rates at the 20 September GST panel meeting, in a bid to revive vehicle demand.

Govt sets up Rs 20,000 cr fund to complete stalled housing projects; fund too narrow in scope, say experts
Business

Govt sets up Rs 20,000 cr fund to complete stalled housing projects; fund too narrow in scope, say experts

An estimated 8.5 lakh home buyers are yet to get delivery of their units as hundreds of housing projects across the country are delayed due to liquidity crunch and demand slowdown,

GDP falls to 5%: April-June data comes as a shocker; it is time govt bid adieu to fiscal deficit obsession
Business

GDP falls to 5%: April-June data comes as a shocker; it is time govt bid adieu to fiscal deficit obsession

Looking closely at the GDP figures, the big disappointment is the manufacturing sector

NBFC crisis to pull down housing finance growth to 13-15% first time in three years: Report
Business

NBFC crisis to pull down housing finance growth to 13-15% first time in three years: Report

There can also be an adverse impact on the outstanding housing credit, which stood at Rs 19.1 lakh crore as of March 2019, ratings agency Icra said

RBI cuts repo by 25 bps to 6.25%: Shaktikanta Das and co at MPC will have more surprises in store; that's good news for all
Business

RBI cuts repo by 25 bps to 6.25%: Shaktikanta Das and co at MPC will have more surprises in store; that's good news for all

The immediate impact of repo rate cut is on the market where GSec yields will moderate further as this is the most sensitive segment.

Proposal to rollover capital gains for two properties is deeply flawed: Don't uncork bubbly yet, there is a catch here
Business

Proposal to rollover capital gains for two properties is deeply flawed: Don't uncork bubbly yet, there is a catch here

Instead of putting an Rs 2 crore cap on long-term capital gains, a cap should have been put on the selling price of the original house at say Rs 4 crore.

Piyush Goyal asks state-run banks to step up lending to MSMEs, agri, housing sectors
Business

Piyush Goyal asks state-run banks to step up lending to MSMEs, agri, housing sectors

Assuring full support to public sector lenders (PSBs), Piyush Goyal said bankers have also got confidence from the amendment in the Prevention of Corruption Act that bonafide actions are protected by the law.

Unsold housing stocks in NCR decline 9% during 2018; stalled projects still worrisome: Report
Business

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.

GDP advance estimate of 7.2% growth number is noteworthy, but ascent towards 8% in 2019-20 looks a bit daunting
Business

GDP advance estimate of 7.2% growth number is noteworthy, but ascent towards 8% in 2019-20 looks a bit daunting

The 7.2% GDP growth number nonetheless is noteworthy as it will form the fulcrum for all futuristic scenarios that would go into the formulation of the Budget. That’s why it cannot be ignored.

Pradhan Mantri Awas Yojana (Urban) has created over 6 cr jobs in country: Govt
Business

Pradhan Mantri Awas Yojana (Urban) has created over 6 cr jobs in country: Govt

The PMAY (U), launched by Prime Minister Narendra Modi in June 2015, aims to ensure "Housing for all by 2022" by providing financial assistance to a beneficiary.

Narendra Modi addresses beneficiaries of Pradhan Mantri Awas Yojana, says 'govt working to free sector from corruption, middlemen'
Business

Narendra Modi addresses beneficiaries of Pradhan Mantri Awas Yojana, says 'govt working to free sector from corruption, middlemen'

The government has been working to free the housing sector of corruption and middlemen to ensure people get their own houses without hassle, prime minister Narendra Modi said on Tuesday.

Racold to tie up with Flipkart, expand to tier II and III towns to offset disruptions in construction sector
Business

Racold to tie up with Flipkart, expand to tier II and III towns to offset disruptions in construction sector

On its tie-up with Flipkart, official says details being worked out and shortly, Racold products will be available on e-commerce site

Budget 2016 will accomplish 'housing for all' dream, hails PM Modi
Business

Budget 2016 will accomplish 'housing for all' dream, hails PM Modi

PM Modi on Monday hailed his Finance Minister Arun Jaitley for the poor-friendly general budget that will also fulfil their dream of owning a house

Real Estate Bill won't strangulate private investment, says Naidu
Economy

Real Estate Bill won't strangulate private investment, says Naidu

The Real Estate (Regulation and Development) Bill, 2013, is expected to come up for consideration in Rajya Sabha during<br /> the Winter session of Parliament, which commenced today.

Why Asia's housing sector is a time bomb ticking away
Economy

Why Asia's housing sector is a time bomb ticking away

When China's property market catches a cold, the whole world sneezes.