HOMEBUYERS CONFIDENCE
Mumbai property market sets yet another benchmark, records best-ever June; registrations rise 12% Mumbai, India's largest and priciest property market, has achieved a new milestone by recording its highest-ever property registrations for the month of June. In June, the city saw 11,538 property registrations, marking a 12% increase from the previ...
30 Jun, 2024, 01.13 AM ISTMumbai realty market breaks record for 10th month in row Mumbai, India's commercial capital, has recorded its best performance on record for real estate deals in May, driven by brisk sales and high demand despite increased mortgage rates and rising property prices. The Mumbai property market saw over 11,9...
01 Jun, 2024, 12.24 AM ISTMumbai property market continues record-setting spree with best-ever May The country’s commercial capital witnessed more than 11,917 property registrations during the month, up 21.3% from a year ago. The performance led to the state exchequer fetching revenue worth over Rs 1,029 crore through stamp duty collection, up 23...
31 May, 2024, 07.22 PM IST- ADVERTISEMENT
'Sleeping partner can't answer sitting...': FM Sitharaman stumps a stock broker when he raises multiple tax concerns Union Finance Minister Nirmala Sitharaman gave a cryptic responses to concerns about high taxes on stock market brokers and real estate transactions, stating that the government benefits heavily from these taxes without sharing operational burdens. ...
16 May, 2024, 12.25 PM ISTRefund of flat booking amount: Homebuyer fights Godrej Properties and wins the case; Know your rights under RERA Godrej Properties: A homebuyer booked a flat with Godrej Properties near Mumbai in 2019 by paying Rs 5 lakh as earnest money. Due to personal reasons he cancelled the booking and as a result the property developer forfeited the entire earnest money ...
29 Apr, 2024, 11.08 AM ISTBuyer sentiment strong in housing segment, says Magicbricks survey The real estate platform unveiled its flagship Housing Sentiment Index (HSI) report, reflecting a positive outlook for the residential real estate market, with an overall HSI of 149. Ahmedabad took the lead with the highest HSI of 163, closely trail...
25 Apr, 2024, 12.44 AM ISTSeveral issues in Noida unresolved for long: Samajwadi Party candidate In the BJP stronghold of Gautam Buddh Nagar, Samajwadi Party's Lok Sabha candidate Rahul Awana is focusing on issues concerning farmers and homebuyers in Noida and Greater Noida to connect with voters. Awana, from a farming background, highlights lo...
21 Mar, 2024, 02.49 PM ISTResidential real estate could see another peak in 2024 Residential real estate in India is expected to reach a peak in 2024, despite the General Elections, due to existing regulatory reforms and strong GDP growth predictions. Previous election years in 2014 and 2019 saw growth in housing sales. Develope...
21 Mar, 2024, 01.17 PM ISTHousing ministry asks state RERAs to set recovery mechanism for homebuyers’ refunds “It is a major concern that homebuyers across India are facing challenges in getting their refund orders enforced. We gave our report after studying the Gujarat model of recovery to the ministry for its consideration. It's a very positive step that ...
08 Feb, 2024, 12.50 AM ISTOver 2 lakh homebuyers set to benefit as UP government approves Amitabh Kant’s committee recommendations UP cabinet on Tuesday gave approval to the recommendations submitted by the Amitabh Kant committee which was formed by the central government to examine the issues related to legacy stalled real estate projects.
19 Dec, 2023, 04.01 PM ISTUP RERA told CREDAI to ensure developers cooperate in resolving dispute with homebuyers Uttar Pradesh RERA held a meeting with associations of home buyers' - NEFOMA, NEFOWA and association of promoters' CREDAI Western UP operating in Gautam Buddha Nagar. Representatives of homebuyers' association said the mediation of the conciliation ...
14 Dec, 2023, 07.09 PM ISTThe rise of NRI investments in luxury real estate - A bubble or milestone? NRIs are attracted by Mumbai's cosmopolitan nature and iconic locations, but there is also a shift towards exploring newer micro-markets. Factors such as emotional connection, diversification, favorable exchange rates, a growing economy, and potenti...
26 Sep, 2023, 06.33 PM ISTTax sops, flexible payment plan key influencing factor for prospective homebuyers: Survey Tax incentives and flexible payment plans are motivating prospective homebuyers to purchase residential properties, according to a survey by proptech firm and realtors' body Naredco. The survey found that 48% of respondents preferred real estate as ...
21 Sep, 2023, 03.47 PM ISTHomebuyers urge housing minister to blacklist builders whose projects are stalled for over 2 years The Forum for People’s Collective Efforts (FPCE), a pan-India homebuyers' body, has requested the Indian housing minister to blacklist builders whose projects are stalled or delayed for more than two years. They have also suggested that concessions ...
31 Aug, 2023, 12.23 AM ISTHomebuyers seek compensation from MahaRERA over developers’ non-compliance In January, MahaRERA had issued show cause notices to 19,500 projects that had not updated the mandatory project information as per Section 11 of the Act. This implies that 3,500 notices for various projects, or just around 18%, have since complied.
10 Apr, 2023, 05.08 PM ISTUS consumer confidence ticks up in March The Conference Board reported Tuesday that its consumer confidence index rose to 104.2 in March from 103.4 in February. Optimism about current conditions fell, though consumers grew slightly more positive about the short-term future. That's a revers...
28 Mar, 2023, 09.14 PM ISTIndia government invests over Rs 5,000 cr more in SWAMIH Investment Fund I to help homebuyers SWAMIH Investment Fund I is India’s largest social impact fund aiming to provide priority debt financing for the completion of stressed, brownfield and RERA registered residential projects that fall in the affordable, mid-income housing category. Th...
09 Dec, 2022, 12.38 AM IST50% homebuyers expecting prices to rise in coming months : Survey "India's residential market has seen a sharp revival in demand after the second wave of the COVID-19 pandemic. The rising cost of borrowing, increase in input costs and strong demand has resulted in a rise in housing prices.," said Dhruv Agarwala, G...
26 Sep, 2022, 12.31 PM ISTHousing launches highest in seven years in April-June 2022 : Report “The biggest booster to housing demand has been the increased importance of owning a property which has been further backed by the consumer confidence in the overall economic scenario and impending income stability,” said Vikas Wadhawan, Group CFO, ...
29 Jun, 2022, 11.48 AM ISTGovt-backed stress fund starts realty projects revival, homebuyers gain confidence The SBICAP Ventures managed fund has cleared investments worth over Rs 13,200 crore for 136 projects and has started deploying funds across 36 projects.
29 Nov, 2020, 05.19 PM IST