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Rohokale

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Residential builders stare at a bleak year

CREDAI-MCHI, a body of developers in Mumbai, has pegged the drop in sales booking at around 80 per cent in the February-March period this year. This is the second highest fall in residential sales......

If banks are allowed to fund land purchase, properties will become affordable

Banks are not allowed to lend to developers for purchasing land parcels. While developers agreed with HDFC Chairman Deepak Parekh’s call to allow banks and housing finance companies to fund......

Kolkata only big city to see jump in home sales

However, new supply of housing units in Q3 fell 53 per cent in Kolkata in Q3 of 2015. Kolkata is the country's only major property market to have seen an increase in housing units' sales in the......

Realty slowdown hits Bengaluru, Chennai markets

Markets such as Bengaluru and Chennai, which had managed to escape the impact of real estate slowdown so far, appear to be giving in now. A quick look at numbers reveal that absorption (sale of......

Lenders to gain as home loan size set to increase

HFCs and banks expect a drop in demand for housing loans in the short-term. The easing of property prices following the demonetisation of Rs 500 and Rs 1,000 notes will prove beneficial for lenders......

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