CREDAI Chairman Lalit Jain said a long term status quo on interest rates would not help prospective home buyers.
Builders were questioned on unfair trade practices.
Real estate loans could become NPAs for banks.
Realty firms and consultants hoped however that this would be the last round of monetary tightening by the central bank.
Increase in service tax would make properties costlier to buyers.
Real estate biggies unhappy with status quo on RBI rate cut.
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RBI on Wednesday surprised the markets by leaving key policy rates unchanged, notwithstanding persistent high inflationary pressure.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
Delhi Stock Exchange's (DSE) struggle to end its life without hurting the diverse interests of its multiple stakeholders will continue into another year.
Four developers, including L&T Chennai Projects and Welspun Anjar, have approached the Commerce Ministry to surrender their IT and textile zones respectively.
The BSE Realty Index is on a downhill journey.
With equity market down and liquidity drying; listed realty companies are sell landing or trying refinance, while unlisted ones are biting their nails.
Shapoorji, Kalpataru, Godrej pursuing Rs 60,000 crore opportunity in the region
The board would take a decision on these applications on February 20.
Demand for special economic zones (SEZs) appears to be reviving even as realty developers are shying away from developing these tax-free enclaves due to liquidity crunch, according to experts who are tracking SEZs.
Indian markets ended on a lower note after the stimulus announced by the European Central Bank (ECB) failed to meet expectation.
Litigation, regulations and the process of seeking approvals have also discouraged some developers.
Out of the proposed 74 malls in key eight cities at the beginning of 2008, only 34 were delivered through the year, the study showed. Developers in the National Capital Region lagged the most with a supply of 4.7 million sq ft compared with the earlier target of 7.1 million sq ft. Developers may continue to restrict their supply, or go slow on retail space by a similar amount in 2009 across key major cities, the study showed.
If the developers continue to express inability to pay, buyers should file a petition in the SC and request it to initiate proceedings under Article 142 of the Constitution
The cut comes as part of their plans to launch affordable housing project to lure buyers. Referring to slowing sales, Rajiv Singh, VC, DLF, said the cut in prices will be visible in the next three months. DLF indicated on Monday that it will launch two-, three-bedroom apartment projects in select cities in the coming months.
After initiating stern action against 331 companies, the market regulator seems willing to revoke its stringent restrictions for some entities.
The real estate industry today hailed the RBI's decision to cut key interest rate, saying the move will boost housing demand and also improve sentiments in the sluggish property market.
Top executives of leading corporates such as Reliance Industries, HCL, Parsvnath and UK Paints have suggested forging links between business schools and industry
Nifty snaps 10-day winning streak
They sought further cut in interest rates as well as reforms.
REITs, a new investment avenue in India on the lines of one in developed markets like the US, UK, Japan.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
DLF has launched a mega discount sale of its properties.
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
Turns down firm's plea for stay on CCI order; final order pending
In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.
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