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Latest Articles in housing industry

Of 6.26 Lakh Heavily Delayed Homes, 1.74 Lakh units Valued INR 1,40,613 Cr Totally Stalled

Heavily delayed – and even worse, completely stalled - housing projects (launched in 2014 or before) continue to plague the Indian residential sector. While stalled or stuck projects have seen absolutely no construction activity, delayed projects have seen minimal progress.

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Housing Property Registrations Jump To 9,037 Units In July: Report

The Maharashtra state government, in December 2020, had given a leeway of four months to homebuyers to register a property after the payment of stamp duty in order to prevent crowding of registration offices.

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Housing Sales In Apr-Jun May Rise 93 Pc Compared To Year-Ago Period

The structural shift in housing demand continues - many current homeowners seek to upgrade to larger homes and the previously purchase-averse millennials remain very active property buyers

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Model Tenancy Law To Boost Pvt Sector To Develop Housing Projs: Industry

The Union Cabinet approved the Model Tenancy Act, a move that will help overhaul the legal framework with respect to rental housing across the country.

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Model Tenancy Act: Experts Welcome Move Aimed At Addressing Housing Shortages

Real estate experts have welcomed the move by centre to clear the Model Tenancy Act which will boost the creation of rental housing stock and will lead to solving the housing shortages

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Despite Infrastructure Status Developers Are Unable To Obtain Funding

Construction and Real Estate Industry would to life with low interest rates, easy finances, and subsidies in direct & indirect taxes would rejuvenate the sector.

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Housing Sales Up 51 Pc In Oct-Dec Across 7 Big Cities : Jll India

Considering homeless households, non-slum households living in physically inadequate houses and slum households, the estimated number of inadequately housed households in 2018 works out to a maximum of 47.3 million or 41 per cent of urban households

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Impact on Housing—Unchanged Repo Rate Encouraging for Home Buyers: Experts

An unchanged repo rate to ensure that home loan interest rates will not harden anytime soon. It will help homebuyers avail the benefit of prevailing lowest mortgage rates, say experts

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Breaking Stigmas Associated With Affordable Housing

GRIHA for Affordable housing is one such initiative under the PMAY scheme that gives ratings to the affordable units on the parameters of sustainability and thus helping buyers make a rational decision.

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Housing, Tourism, Hospitality Among Worst Hit: RBI

The Covid-19 pandemic has severely impacted the business of half-dozen key sectors including aviation, automobile and the Micro, Small and Medium Enterprises (MSME) sectors, the central bank says in its financial stability report.

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Housing Sales Drop 81% y-o-y in Q2 2020, New Launches by 98%: ANAROCK

As per the latest report by property consultants ANAROCK, around 12,740 units were sold in Q2, 2020 against 68,600 units in Q2, 2019; on q-o-q basis, sales dropped by 72 per cent from 45,200 units in Q1 2020. MMR and Bengaluru account for 52 per cent of the total sales in this quarter; COVID-19 dents new supply; only 4 projects (approx. 1,390 units) launched in Q2 2020 – two in Bengaluru & one each in Pune & Kolkata

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Real Estate Remains Preferred Asset Class For Investors: Housing.Com & NAREDCO Survey

Real Estate remains preferred asset class for investment (35 per cent) followed by gold (28 per cent) and fixed deposits (22 per cent). As per the survey 59% of respondents think overall economic scenario will either remain at the current levels or may slightly see some revival in coming six months; 53% of respondents confident of income for the coming six months; rest not too sure 53% of the respondents have ‘only postponed’ their search for a home for the coming six months.

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Will The Govt. Partner With Developers To Revive Housing In 2020?

Even coupling these interventions with existing Government measures and bank incentives have not sufficed to revive housing sales appreciably.

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Rs 10,000 Cr Announce By Govt To Boost Housing, Facilitate Homebuyers

This window will help in completion of affordable and middle income housing projects.

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‘It Is The Best Time To Buy A House’

Housing has evolved from literally nothing to a 7.5-8 per cent mortgage-to-GDP ratio. As demographic changes are playing out, this ratio will go up. We are very certain that over the next decade this number will be in the teens

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