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Housing sales

Housing sales down 5% in Jan-Mar 2019 on changes in GST rates, rules: PropTiger

Gurugram witnessed 10 percent rise in sales at 5,764 units from 5,220 units in the corresponding period of the previous year. Sales in Kolkata were up by 8 percent at 3,623 units.

Apr 29, 2019, 16:54 PM IST

GST cut to boost sales of under-construction flats; no ITC may hit builders' profit margin: Moody's

The GST Council had on Sunday decided to cut goods and services tax (GST) rate on affordable homes to 1 per cent without input tax credit (ITC) from earlier 8 per cent with ITC.

Feb 27, 2019, 13:56 PM IST

Housing sales higher than new supply in last 2 years: JLL India report

 According to report, the housing sales stood at 2,44,830 units during 2016 and 2017 calendar years in seven major cities.

Mar 11, 2018, 16:23 PM IST

Housing sales dip 6% in NCR due to RERA and GST

The RERA came into force from May 2017, while the GST was launched in July last year.

Jan 11, 2018, 11:55 AM IST

Housing sales fall 35% in 8 cities; supply dips 83%

Housing sales stood at 22,699 units during third quarter of 2017 in eight major cities as against 34,809 units in the previous quarter.

Oct 05, 2017, 14:42 PM IST

FDI in construction sector falls 59% to $1.9 billion

The real estate sector is facing demand slowdown in the last few years leading to fall in housing sales and new launches during 2016, delay in project execution and rise in debt of developers, the survey mentioned.

Aug 11, 2017, 17:41 PM IST

Housing sales down 4% in April-June, prices stable

Housing sales fell marginally by 4 percent during April-June period at 53,352 units in the nine major cities of the country due to demand slowdown in the property market, according to a report by PropTiger.Com.

Jul 27, 2017, 14:10 PM IST

Housing sales drop in top 8 cities to 28,131 units in January-March

Housing sales stood at 28,472 units during the October- December quarter in eight major cities-- Gurugram, Noida, Mumbai, Kolkata, Hyderabad, Bengaluru, Pune and Chennai.

Apr 19, 2017, 13:18 PM IST

Realty sentiment hits 3-year low in Dec quarter on note ban: Report

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.

Feb 23, 2017, 17:06 PM IST

Builders pinning hopes on rate cuts for revival in 2017

Property market was the economy's underbelly this year and demonetisation towards the fag end only made it more isolated. But things might change in 2017 as builders are pinning their hopes on lower interest rate and transparency for the sector to come back to life.

 

Dec 30, 2016, 09:20 AM IST

Housing sales grow 12% in July-September to 54,000 units in 9 cities

Housing sales gained traction by 12 percent during July-September to 54,721 units in nine major cities as against the year-ago period, according to a report by online real estate portal PropTiger.

Oct 25, 2016, 12:50 PM IST

Housing sales decline 2.2% to 1.58 lakh units in FY16

Housing sales fell 2.2 percent to 1.58 lakh units in seven major cities last fiscal, but the market is expected to improve by next March on the back of lower interest rates and fall in prices, says a report.

Jun 26, 2016, 17:26 PM IST

Housing sale down 4% in 8 cities in 2015; 6.9L units unsold

Housing sales fell by 4 percent to 2,63,720 units last year, lowest since 2010, in the eight major cities of the country on account of demand slowdown in the real estate market despite interest rate cut by the RBI.

Jan 28, 2016, 21:23 PM IST

Over 7 lakh homes unsold in top 8 cities: Knight Frank

The national capital region (NCR) market had 1.9 lakh unsold homes as of June.

Jul 28, 2015, 18:06 PM IST

Housing sales improving; full recovery in next fiscal: CREDAI

Housing sales have started showing signs of improvement but full recovery is expected only in the next financial year, realtors' apex body CREDAI said Wednesday.

Jun 03, 2015, 22:47 PM IST

Delhi-NCR housing sales drop 43% in 2014

Housing sales in Delhi-NCR market declined by 43 percent last year at 40,575 dwelling units, the lowest in a decade, while prices rose marginally by 3 percent, according to property consultant Knight Frank India.

Jan 28, 2015, 18:32 PM IST

Housing sales may not recover in 2015-16 fiscal: India Ratings

Housing sales are unlikely to recover in the next fiscal as high property prices have made residential units unaffordable for end-users, India Ratings & Research said while maintaining a negative to stable outlook on the real estate sector.

Jan 27, 2015, 18:17 PM IST

Housing sales likely to rise to 1.92 lakh units this year: JLL

Housing sales are estimated to rise this year to 1.92 lakh units in the country's top seven cities on expectations of interest rate cut and stable prices, according to property consultant JLL India.

Jan 04, 2015, 13:11 PM IST

Housing sales dip in 2014; realtors eye turnaround in new year

After a sluggish 2014 marked with falling housing sales and high costs, developers are betting on lower borrowing costs and economic upturn for a turnaround in the real estate market in the new year.

Dec 31, 2014, 12:40 PM IST

Housing sales drop by 37% in NCR during Jan-June

Launches of new homes in NCR fell by nearly 43 percent at 35,500 units during January-June 2014.

Aug 26, 2014, 19:41 PM IST