Housing Sector

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

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

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

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

Realty market on recovery path, to grow in 2019; will add 200 mn sq ft space across all segments this year: CBRE

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

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

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

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

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.