CREDAI-MCHI, a body of developers in Mumbai, has pegged the drop in sales booking at around 80 per cent in the February-March period this year. This is the second highest fall in residential sales......
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......
Markets such as Bengaluru and Chennai, which had managed to escape the impact of real estate slowdown so far, appear to be giving in now. A quick look at numbers reveal that absorption (sale of......
The recent steps by the Reserve Bank of India at tightening liquidity could hit the realty sector, already battling sluggish sales, turning loans to the sector into non-performing assets for banks,......
Indian property markets are not in the pink of health. However, investors in real estate private-equity funds seem to be confident about returns from their investments in such funds. On Tuesday,......