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......
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation, reports Raghavendra......
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......
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......
The judiciary has started going beyond the technicalities of the agreements and awarding compensation to buyers. Recently, courts have ignored agreements between developers and......