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......
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......
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......
Piling up inventory and rising demand from home buyers may result in declines in property prices by nearly 20 per cent in the Mumbai metropolitan region (MMR) over the next few months, according to......
Image: The Primus, Gurgaon. Photograph: Kind Courtesy, DLF Gurgaon and Mumbai -- two of India’s largest real estate markets -- are set to witness a correction in property prices, say......