Although several repo rate cuts (the rate at which banks borrow from the central bank) was made by the Reserve Bank of India (RBI), lending rates have not witnessed a corresponding shift. Homebuyers, therefore, are often eager to know why this occurs, and how banks and housing finance companies (HFCs) charge interest rates. Below are […]
How to calculate interest rates on a home loan?more
Real estate is one of those industries where product assurance remains in question until the Real Estate (RERA) Act (Regulation and Development) made it mandatory for all projects in 2017. In some of the major real estate markets, quality construction is still a value proposition, with buyers willing to pay a premium, for return for […]
Developers are providing an extended warranty to retain customer confidence.more
Real Estate developers and property consultants shared their disappointment about the Budget for the next fiscal and said they did not address the sector’s tremendous liquidity problem and gave no significant opportunities to raise slow housing sales. “The budget direction is incremental but the sector-specific measures for the real estate sector are not in effect,” […]
Budget 2020 lacks to resolve major issues faced by the realty sector.more
Budget 2020 has given the real estate industry and the common man many surprises. Many demands were anticipated from the real estate sector in the 2020 budget, but only a few received the attention of the minister of finance. Let us check some of the main budget announcements and their effect on the real estate […]
Budget 2020: How it will benefit the real estate segment?more
Finance Minister Nirmala Sitharaman today introduced a new discretionary personal income tax regime and unveiled a multibillion-dollar farm, infra and healthcare package to boost the country’s economy. Emphasizing capacity building and empowering oppressed sections of the society while preserving the creators of wealth, Sitharaman said this budget would improve people’s income and purchasing power. Finance […]
Latest Update: Finance Minister Nirmala Sitharaman budget speech 2020 highlights.more
National, January 28, 2020 – Ashiana Housing, one of the pioneers in developing concept homes in India, has launched a new campaign to promote its three kid centric projects which are part of their ‘India’s First Kid Centric Homes’ offering. The campaign, conceptualised and executed by Dentsu India, includes three films and various digital assets. […]
Ashiana Housing opens up conversation on a wholesome upbringingmore
The Smart Cities Mission will complete its five years of implication and the central government is going to publish a report card in June, consisting of 100 chosen smart cities into three categories – ease of living, municipal performance index and climate. It will allow cities to plan better and move towards data-driven governance, which […]
Government to issue a list of “Smart Cities” in June 2020.more
A sharp contrast to previous years, more investors are eager in last-mile funding for stuck housing projects that seems to be a rub-off impact on equally strained residential projects from the government allocating Rs 25,000 crore. In the light of evolving regulatory and market circumstances, the burden on developers to deliver the projects at earliest […]
Investors explicate keen interest in last-mile funding for the stuck housing projects.more
According to a survey, housing sales fell in nine cities by 9% between October and December to 60,453 units as a result of the economic downturn and liquidity crisis. PropTiger recently reported a 30 per cent decrease in sales in nine cities between October and December quarter. In 2019, however, Knight Frank India and Anarock […]
Report: Housing sales dropped in nine major cities by 9%.more
On 21st January, the Bengaluru-based Embassy Group has entered into co-living space and plans to build six such buildings in Bengaluru and Chennai. They are planning to widen there co-living brand Oliven to Hyderabad, Mumbai, Pune and Delhi-NCR. Initially, 20,000 beds space is being launched, starting from Bengaluru (15,000), Chennai (2,500) and Pune (2,500) and […]
Bengaluru-based Embassy group is going to invest Rs 2,000 crore into co-living space.more
