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Sunil Rohokale

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  • Business

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......

Note ban, mega deals shaped India's realty segment

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......

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......

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......

Finally, buyers become the king in realty deals

The judiciary has started going beyond the technicalities of the agreements and awarding compensation to buyers.      Recently, courts have ignored agreements between developers and......

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