Home prices are unlikely to see any fall, with property developers saying they plan to pass on the increase in cost of borrowing to home buyers following the recent raising of bank interest rates.
Eleven companies have launched their initial public offerings (IPOs) in December 2023, making this month the second-best December for public offerings since 1996. Collectively, they are raising Rs 8,182.7 crore this month. In December 2021, 11 companies raised Rs 9,534 crore. However, excluding December 2021, this month marks the best December for IPOs since 1996.
Only those who opted for hybrid loans in the past couple of years will remain unaffected.
Unitech alleged that the takeover of the management of the company by the Centre would make it difficult for them to deposit Rs 750 crore as directed by the apex court to safeguard the interests of homebuyers.
'Corporates who donated to political parties were guaranteed by the electoral bond scheme that their names and to who they were donating funds will be not disclosed.'
High unit prices and interest rates have cramped buyers' ability to purchase property.
Tips to help you save money before, while and after taking the loan
There are some tell-tale signs such as slowdown in construction or absence of communication.
A checklist that will help you save taxes in financial year 2013-14 which begins April 1, 2013 and ends March 31, 2014.
National Capital Region and Bangalore's property prices are more reasonable.
'You may opt for a longer minimum guaranteed tenure of 12-18 months. This will ensure that in a rising rental scenario, the landlord doesn't serve you a notice and ask you to vacate the property.'
Chaos is expected to return to Parliament.
Stock market investors and potential home buyers may not remember the years 1998 and 2008 too fondly.
Small manufacturing companies are increasingly eyeing the growing real estate market as it turns out to be a goldmine for property developers in the country.
New Haven's' flagship project will be launched at Boisar in Mumbai and will offer 1,300 apartments, including 2 BHK and 3 BHK homes starting at Rs 12.73 lakh with a minimum size of 670 square feet, a statement said.
Realty sector is facing a huge slowdown for last 3-4 years, leading to a significant delays in possession of flats to customers.
Experts say rents are up because prices went up irrationally in several major markets.
Prospective home buyers, who are looking forward to discounts this festival season, may be in for a rude shock. According to banking sources, most banks are unlikely to offer any discount.
Increase in service tax would make properties costlier to buyers.
Only double-income households can buy flats in India's top 8 cities, except Mumbai
From market leader HP and premium player Apple to China's Lenovo and Asus, all major brands in the market are witnessing rapid surge in the demand for notebooks.
In the next five years, buying property could become a much less arduous task. A property titling law, which is in the final stages of making for Delhi, is going to reduce the headache for home buyers significantly.
Branded residencies, designer-stamped homes have a snob value and are sold at a high premium, to willing buyers
The affordable housing segment may be seeing an uptick which is a good sign of consumption momentum. This is the biggest-ticket purchase for middle income and lower income families. The current activity is at least partly driven by a pause in interest rate hikes.
A day before the event, I learnt from an old Mumbai crime branch informant that a group of gangsters were planning to serve breakfast to the prisoners at Balgandharva Rangmandir prior to the show.
Despite a slowdown in property sales, realty developers across the country are launching new residential apartments during the ongoing Navratri festival in the hope that they will get higher sales from prospective home buyers, who have deferred their buys so far.
According to a survey by mortgage insurer Genworth Financial Inc, 64 per cent of surveyed respondents in India felt positive about the outlook for their national economy over the next 12 months compared to just 30 per cent across all surveyed countries.
Launch of new homes dropped by 12 per cent to over 172,000 units so far during this calendar year in the eight major cities.
Unaffordable real estate prices, hardening interest rates, fall in home loan disbursements and reluctance of developers to cut down prices do not augur well for the real estate market in India, feels V Hari Krishna, CIO of Kotak Realty Funds Group.
Housing sales mostly declined during the first and the second wave of the coronavirus pandemic but prices did not fall in most of the cities but rather increased in some cities, according to the Economic Survey 2021-22. The pre-Budget document also highlighted that the housing demand recovered after both the waves on the back of pent up demand, low interest rates on home loans and reduction in stamp duty by some states. The survey has analysed the National Housing Bank's data on change in housing transactions in Q1FY21 (first COVID-19 wave) and Q1FY22 (second COVID-19 wave) over the pre-pandemic levels of Q1FY20. It also looked into change in housing prices index during this period.
A prudent guideline for self-employed individuals is to target at least 10 to 15 times their actual annual income when determining life insurance coverage.
Let's take a quick look at what all these terms mean to see how they affect the loan interest rates.
Real estate developers and consultants on Tuesday said RBI's decision to hike policy rates by 25 basis points will affect the sentiment of the property market, but they do not foresee any major impact on housing demand and prices.
60 per cent of home buyers are shying away from pre-launches.
In the last couple of years, interest rates have been rising consistently. Home loan borrowers -- both existing and potential -- are a baffled lot because of the sheer speed of the escalation.
In a double whammy for real estate developers, banks are likely to raise lending rates to builders by up to one percentage point while consumer interest fades with home loans becoming more expensive.
Mukherjee, however, did not roll back the hike in excise and customs duty on petrol and diesel.
The government's target of hitting $52 billion to $58 billion in mobile phone exports in FY26 has been faltering; an Indian corporate group with financial muscle will help.
The asset also has emotional value and therefore families should perform meticulous research before buying the same. The following is a set of must-dos before buying a house.
