Correction of prices or relief from interest burden- What will initiate positive growth for real estate
The real estate sector in India has been witnessing weak sales for the last few years, resulting in a sharp drop in its significant contribution to the country’s ...
Construction cess fund for workers to help revive housing construction
The transfer of underutilized construction fund by the states to building workers will help revive construction of stalled housing projects. States have disbursed over Rs 4300 crore to ...
Location playing a key role in Real Estate purchase
In India, it is true that in many cities, speculation has played a role in hiking the prices beyond what most buyers can afford, but after that when ...
Housing market will be scaling up in the long run
Real estate across the spectrum and across all asset classes is going to have a slightly tougher time in the next 12 to 18 months period. Residential real ...
Unlock 1.0 give required acceleration to construction sites
Real estate developers stopped construction works on sites following the nationwide lockdown imposed from March 25, 2020 to contain the pandemic. This sector is facing the biggest challenge ...
Reduced lending rates of Distressed Fund to boost affordable housing
The 3% lending rate cut effected by SBI CAP Ventures for Stress Fund will ease funding to revive affordable housing projects . SBI CAP Ventures has cut the ...
Organised bulk construction materials purchase to enhance affordability of homes
The recent move by developers coming under umbrella body, Credai for bulk buying of raw materials,will enhance home affordability. The initiative of bulk purchase of construction material by ...
RBI’s new repo rate cut to boost affordable housing demand
The latest 40 bps cut in repo and reverse repo rate by the RBI will help push demand for affordable housing. RBI has announced 40 bps cut in ...
Loan moratorium extension a relief for developers and home buyers
As per the RBI announcement, loan moratorium on term loan and working capital loan is extended by three months. This move is aimed at easing debt servicing of ...
RBI Repo Rate Cut to boost economy
In extension to its concern towards economy amid weak activity, RBI Governor has announced monetary measures such as repo rate cut, further extension of three months to the ...