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Latest Articles in housing industry

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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This Is How A Cluster Of Factors Helping DHFL Reach Greater Heights

Affordable housing is only now beginning to be recognised after the government launched its “Housing For All by 2022” scheme

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Traders Urge GST Council To Remove Anomalies In Tax Slabs

Products like auto spare parts and housing industry items deserve to be moved to the lower tax bracket.

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India Needs More Homes, Not More Social Housing

A lack of affordable housing is an issue that, if left unaddressed, could have a paralysing effect on social cohesion and economic growth

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Housing Prices To Drop Up To 30%, Wiping Rs 8 Lakh Crore In Value

Housing prices in 42 major cities across India could drop by up to 30 per cent over 6-12 months after the demonetisation of high-value notes, wiping out over Rs 8 lakh crore worth market value of residential properties sold and unsold by developers since 2008.

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