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Note ban, mega deals shaped India's realty segment
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation, reports Raghavendra......
Lenders to gain as home loan size set to increase
HFCs and banks expect a drop in demand for housing loans in the short-term. The easing of property prices following the demonetisation of Rs 500 and Rs 1,000 notes will prove beneficial for lenders......
If banks are allowed to fund land purchase, properties will become affordable
Banks are not allowed to lend to developers for purchasing land parcels. While developers agreed with HDFC Chairman Deepak Parekh’s call to allow banks and housing finance companies to fund......
Finally, buyers become the king in realty deals
The judiciary has started going beyond the technicalities of the agreements and awarding compensation to buyers. Recently, courts have ignored agreements between developers and......
Kolkata only big city to see jump in home sales
However, new supply of housing units in Q3 fell 53 per cent in Kolkata in Q3 of 2015. Kolkata is the country's only major property market to have seen an increase in housing units' sales in the......
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