Even 3 years after DeMo up to 30% of the total transaction value on the secondary (resale) residential market across India can still be paid in cash.
Category: Anuj Puri
The top 7 cities may see nearly 2.75 lakh new ready-to-move (RTM) homes over the next one year, provided developers stay on schedule.
The enactment of the Insolvency and Bankruptcy Code, along with RERA, has ushered in a new era of tighter regulation for the Indian real estate sector.
While housing sales in India recorded a decline in Q2 FY20, the housing sales value of India’s top 9 listed developers stayed on course during the quarter.
There's a massive burden of unsold homes on the market across Indian cities, but affordable housing sales have picked up after 4 years of slowdown.
Much in line with her promise to bring relief to the realty sector, the Indian FM announced that an INR 10,000 crore fund has got the Union Cabinet nod.
Despite depressed consumption sentiment, the top 7 cities saw homes worth approx. INR 1.54 lakh crore sold in the first three quarters of 2019, rising yearly by 16%.
ANAROCK research indicates that nearly 81,300 unsold homes are currently ready-to-move-in across the top 7 cities.
ANAROCK research shows that the southern cities of Bangalore, Hyderabad and Chennai saw residential sales decline by 5% in the first three quarters of 2019.
RERA project registrations have grown by 40% in a year across India with maximum registrations in Maharashtra, Gujarat, Karnataka, Madhya Pradesh and UP.