real estate sector
India approves USD 1.4 billion for fund to help stalled housing projects
The real estate sector in India has been hit by a severe liquidity crunch this year after a series of debt defaults by NBFC.
Over 11 million vacant units in urban India
Ten states and union territories contribute to 78 per cent or 8.64 million of total vacancy levels.
Government announces steps to boost housing, facilitate homebuyers
This window will help in completion of affordable and middle income housing projects.
Rate cuts not enough to re-fire damp India housing market: Report
Banking and non-banking financial companies (NBFCs) are still grappling with very large bad loans on their balance sheets.
Govt announces raft of measures to boost economy; more steps on anvil
The government has set fiscal deficit target of 3.3 per cent of the GDP for the current fiscal.
Real estate sector gets Finance Minister’s word
The government is believed to have decided on a high-level meeting to bring the ailing sector on track.
NBFC, HFC lending to real estate players down 48 pc in FY'19 at Rs 27,000 cr
Net disbursals by NBFCs/HFCs to real estate developers declined by almost half from about Rs 52,000 crore in 2017-18.
Realtors sceptical of rate cut
In the current scenario bereft with rising NPAs and the ongoing NBFC crisis, things look quite bleak at the moment.
Housing market affordable in all 7 major cities except Mumbai: JLL India
Hyderabad was the most affordable housing market in 2018, followed by Kolkata and Pune
Hyderabad realty sees sudden jump in PE play
The growth was largely led by commercial space where Phoenix group received PE money through multiple deals.