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housing demand

Housing Demand Might Have to Wait for 6-8 months to See Better Days

Housing Demand Might Have to Wait for 6-8 months to See Better Days
With interest rates soaring by the day, the festive season is witnessing lesser demand for houses than expected. While interest rates on loans is undoubtedly the foremost culprit, high cost of raw materials and gloomy consumer sentiment are playing their part. However, according to a report by Knight Frank and Ficci, the market should pick [...] Continue Reading »

Housing shortage can’t be addressed alone by higher floor space index

Housing shortage can’t be addressed alone by higher floor space index
Real estate consultant KJ Singh said, “The mess that the real estate sector is in today will become worse if FSI is increased as the builder lobby has been asking for a higher FSI.” On a certain plot FSI is the total covered area on all floors of all buildings divided by the area of [...] Continue Reading »

Pune’s real estate market gets a boost from the Private equity players

Pune’s real estate market gets a boost from the Private equity players
Pune real estate sector is witnessing some renewed interests of private equity players. The reasons may be the uninhibited influx of professionals and a robust local economy, which is relatively less affected by the economic downturn, The developers have also ensured a steady demand for homes and offices in the city. This has helped induce [...] Continue Reading »

Bhopal, Indore witness housing boom

Bhopal, Indore witness housing boom
As per a survey by Housing Start Up Index (HSUI), there has been a significant rise in housing demand in Tier-II cities like Bhopal and Indore, while the Tier-I cities have taken a beating. HSUI is an indicator of volume of construction in the housing sector in certain period covering 27 cities across India. Indore witnessed [...] Continue Reading »

RBI slashes repo rate; second time in 2013

RBI slashes repo rate; second time in 2013
Reserve Bank of India (RBI) has announced the second repo rate cut of 0.25 percent (25 basis points) to 7.50 percent. Earlier, a similar cut was declared on January 29, 2013. This has adjusted the reverse repo rate to 6.50 percent and the Bank Rate to 8.50 percent. The Cash Reserve Ratio (CRR) has been [...] Continue Reading »

Real estate in Faridabad attracts long-term investments

Real estate in Faridabad attracts long-term investments
Faridabad- Faridabad real estate is emerging as a hotspot destination for long-term investments in Delhi-NCR. The industrial growth and infrastructural development in the city promises vast growth opportunities for real estate sector. The rapid industrial growth in Faridabad is the key driving factor for investments in this region. Besides, tough competition from neighboring prime real [...] Continue Reading »

Real estate to get a boost with RBI rate cut

Real estate to get a boost with RBI rate cut
New Delhi- Reserve Bank of India (RBI) has announced reduction in short-term lending rate by 0.25 percent to 7.75 per cent. This move is expected to lead to reduction in interest rates for buyers and builders. RBI has also cut Cash Reserve Ratio (CRR) to 4 percent, releasing Rs 18,000 crore primary liquidity into the [...] Continue Reading »

‘Housing sector should get infrastructure status’

‘Housing sector should get infrastructure status’
New Delhi- Real estate being beaten by decreasing demand owing to high interest rates and economic slowdown has demanded for infrastructure status for the housing sector in the Budget for 2013-14. If given the infrastructure status, the sector would gain of tax benefits and easier flow of funds. At least the affordable housing sector should [...] Continue Reading »

Pune, Bangalore leading realty front

Pune, Bangalore leading realty front
Pune and Bangalore are being the front runners in the real estate sector amidst an otherwise gloomy atmosphere on the realty front. The two cities have witnessed significant number of launches, boosted by quicker approvals and consistent demand from home buyers. Intriguingly, markets in Pune and Bangalore are different from one another. The cities have [...] Continue Reading »



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