Maharashtra announces new real estate norms, first regulator from May 1

Maharashtra announces new real estate norms, first regulator from May 1

India will soon be getting its first real estate regulator and developers will have to toe the line or face severe penalties. The Maharashtra government on Thursday announced the rules for its regulator, ahead of the various state regulators coming...
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No demand for real estate is a myth Murali

No demand for real estate is a myth Murali

CHENNAI: Contrary to reports that demand for real estate in Chennai has been stagnant, affordable housing projects in Chennai show strong demand, according to Shriram Properties’ managing director M Murali. The Chennai-based real estate developer currently h...
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Could the Housing Crunch Get Worse? What the Latest Construction Numbers Say

Could the Housing Crunch Get Worse? What the Latest Construction Numbers Say

The housing crunch doesn’t look like it will be getting better any time soon, according to the latest report on new construction. The number of permits issued to builders to put up sorely needed homes across the country fell 6.2%...
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Surging steel, cement prices may make homes costlier: CREDAI

Surging steel, cement prices may make homes costlier: CREDAI

BENGALURU: Steel and general metals prices have gone up by around 30% each in the last few months which can change the dynamics of the real estate market in Bengaluru in the next two quarters, apex body of Private Real...
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Realty Sentiment Hits 3-Yr Low In December Quarter On Note Ban

Realty Sentiment Hits 3-Yr Low In December Quarter On Note Ban

New Delhi: The real estate sentiment fell to a three-year low in the October-December period, indicating pessimism among developers and financial institutions which reeled under the demonetisation pressure, says a report. However, property consultant Knight Fr...
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Demonetisation Hits Real Estate; Sales, Inquiries Dip

Demonetisation Hits Real Estate; Sales, Inquiries Dip

25-year-old Ram Naresh came to Mumbai 10 years ago and has been a construction worker ever since. But the last one month has been a trying one for Ram and his family. Since demonisation, the daily wage labourer’s income has...
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