Page 5 - Housing

Interest rate on house building advance cut to 7.9% for govt employees

According to the the Union Housing and Urban Affairs Ministry, the new interest rate has come into force from October 1.

Builders welcome govt's move to revive stalled projects, seek more funds

Measures not enough to encourage buyers, claim real estate players

Affordability improves, but housing in India continues to be expensive

Young couples should avoid this obligation if it puts them in a tight liquidity position

India's top 7 cities saw apartment sizes shrink by 17% in 5 years: Report

Bangalore saw the least decline in average property size at around 12% in this period

Govt plans to sanction construction of 10 million houses before 2020

The official said that construction of almost 6.2 million individual household toilets and 500,000 community and public toilet seats is already over or nearing completion

A good year for affordable housing

Provisions of RERA, subsidy under PMAY, relaxation in PF withdrawal to buy a house will aid housing

Facing housing issues? Google's secretive think tank comes to your rescue

As of 2016, there are 7.4 billion people on the planet, reports Tech In Asia

Housing sales fell 40% in Nov-Dec on demonetisation: PropTiger

As customers deferred their decision to buy homes on the expectation of fall in prices

Housing loan pangs for public sector banks

According to data from the RBI, the personal loan portfolio of all banks stood at Rs 14.4 lakh crore at the end of June 2016

Centre asks states to lower stamp duty for affordable housing

Govt has selected 2,508 cities under the 'Pradhan Mantri Awas Yojana' for providing affordable houses to the urban poor

Housing shortage to arrest price fall: Credai

There is a documented shortage of 20 million housing units, said Credai President Geetamber Anand

KKR to invest Rs 145 cr in Mantri Developers' project

This investment underscores the company's confidence in Bengaluru's real estate sector and economic prospects

US consumer prices post largest gain in three years; housing starts up

Rise in prices in April is likely to be welcomed by Fed officials who last month softened their language on inflation

Home prices hit roof but affordability also at its best: HDFC

Average property value of housing units has appreciated to an all-time high of over Rs 50 lakh this year

Housing prices down 1% during March quarter in Delhi-NCR: 99acres

The report captures capital and rental price trends of the residential realty market on quarterly basis across seven major cities

Home sales dip 4% in March quarter on a quarterly basis

Sales in top nine cities fall to 51,000 units in March quarter of FY16, a report by PropTiger.com reveals

Housing shortfall for EWS, LIG segments at 95%: CSE Analysis

CSE said there is a shortfall of at least 18.6 million dwelling units in the country

Govt nod for building of 80,000 houses for poor in 7 states

With the latest approval, the government has so far sanctioned a total of 5.07 lakh houses for EWS in 13 states

NCR to take 4.3 years, while MMR to take 3.5 years to clear unsold homes

Usually, the time taken to clear inventories should not be more than 8-10 quarters