In order to help new financiers revive struggling housing developments that have left millions of homebuyers throughout the nation in the dark, several high-street banks will waive their first claims to assets and cash flow. Several of the bank CEOs and other industry leaders who spoke about the issue a week ago were willing to […]
Banks might relinquish the right to restart housing projects.more
By Abhay Shah, Realty Quarter The landmark verdict of the Supreme Court on Amrapali developers lifted the hopes of house buyers who are futilely waiting for their houses to be delivered. While similar developments are waiting for about other stuck projects, the Apex Court has established a precedent with a resounding message – compliance or […]
Around 220 projects in top 7 cities with 1.74 lakh homes are stalled: Latest Report.more
By Abhay Harish Shah , Realty Quarter Around 5.6 lakhs housing units, worth Rs 4.5 lakhs crore in seven noteworthy urban communities are running behind the conveyance timetables chiefly because of an interest log jam and reserve preoccupation by developers. Home-buyers crosswise over top property markets, including the Delhi-National Capital Region and Mumbai, keep on […]
Seven Major cities facing issue of housing units getting delayed of Rs. 4.51 lakh crore.more
By Anuj Puri, Chairman – ANAROCK Property Consultants Over the past one year, demonetization has been a buzzword across all Indian industries, but much more so in real estate. The radical move of banning high-value currency notes, seen as the Government’s surgical strike on black money, has become a landmark event in the history of the […]
One year of Demonetization: Real Estate bruised, but more resilientmore