Housing sales to fall 23% in Q1 in top 9 cities

Housing sales are estimated to decline 23 per cent annually to nearly 1.06 lakh units during January-March across nine major cities on subdued demand due to high prices and concern over economic......

Property market upset as govt removes indexation benefit for sellers

The government on Tuesday proposed reducing the long-term capital gains tax on immovable properties to 12.5 per cent from 20 per cent, but removed the indexation benefits to adjust for inflation, a......

Housing prices have begun to drop!

The residential property market across India headed south in the beginning of 2008 and almost hit its nadir in the latter part of the year. However, 2009 may tell a different story. Says......

Home loan outstanding up by Rs 10 lakh cr in last 2 yrs

Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBI's data on 'Sectoral......