Housing Demand

Changing city to pursue better career options, or taking a sabbatical for higher studies becomes difficult

Soon after the central bank Reserve Bank of India (RBI) raised the repo rate by 40 basis points, the banking sector imitated the same by increasing interest rates in lending and deposit schemes.

Technology-led real estate consultant Square Yards sells homes on behalf of builders and facilities home loans to consumers

According to a quarterly operational update, the company's sales bookings in volume terms increased by 22% to 49,09,567 sq ft during the last fiscal from 40,13,581 sq ft in the 2021-22 fiscal year

The prices of ready-to-move properties increased 1.7 per cent QoQ and 5.8 per cent year-on-year

The report said that sales momentum is expected to continue in 2022 as prospective homebuyers' preferences for bigger homes, better amenities, and attractive pricing will keep them interested

Housing finance companies (HFCs) are likely to witness a growth of 8-10 per cent in fiscal 2022 helped by rise in economic and higher demand, says a report

Consolidated interest income drops to Rs 1,500 cr from Rs 1,960 cr in the same quarter last year. NII down 23% to Rs 503 cr

According to an investors presentation, new sales stood at Rs 874 crore in the first half of this fiscal year from Rs 368 crore in the corresponding period of the previous year

Real estate firm Prestige Estates Projects Ltd on Monday reported an 88 per cent year-on-year growth in its sales bookings at Rs 2,111.9 crore for the quarter ending September on better housing demand

Oberoi Realty Ltd on Thursday reported over two-fold jump in its sales bookings at Rs 828.52 crore for the quarter ended September on improved housing demand driven by low mortgage rates

India's residential property market is expected to witness a strong consumer demand during the festival season with various banks

The company's sales bookings stood at Rs 5,970 crore last fiscal year

Chances of realty prices declining further are slim

Low interest rates, tax sops may encourage buyers

The rise was helped by pent up and festive demand, according to data analytic firm PropEquity

CREDAI suggested government to increase tax exemptions in upcoming Budget to boost housing demand and enhance limit of deduction under section 80C of income tax for principal repayment on home loans

The decision to rationalise risk weights woule particularly benefit borrowers of higher value loans

Ind-Ra said the residential real estate's volume and price growth are closely integrated with the GDP growth rate

At 42,000, new housing units launched during the period in the top seven urban clusters (NCR, MMR, Pune, Bengaluru, Kolkata, Chennai, and Hyderabad) fell even lower than post-demonetisation period