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Unsold housing units fall to 6.85 lakh across 7 cities

The national capital region (Delhi-NCR) has the maximum unsold units at 2 lakh, although the number has declined by 12,000 units from the September quarter of 2016 calendar year.

Nov 26, 2017, 12:03 PM IST

PM Awas Yojna: Cabinet increases carpet area of houses eligible for interest subsidy

The CLSS for MIG is a pro-active step in meeting the challenges of urban housing shortage.

Nov 17, 2017, 00:11 AM IST

Hike in carpet area to help middle income buyers: Realtors

Under the MIG-I category, the carpet area has been enhanced from 90 sq meter to 120 sq meter. Under the MIG-II segment, it has been raised to 150 sq meter from 110 sq meter.

Nov 16, 2017, 21:56 PM IST

Hardeep Singh Puri, MoS Ministry of Housing and Urban Affairs - Profile

Here is the profile of Hardeep Singh Puri, MoS Ministry of Housing and Urban Affairs (Independent Charge).

Sep 03, 2017, 21:49 PM IST

Housing sales dip 26% in Delhi-NCR in H1, unsold units 1.8 lakh

Housing sales fell 26 percent in Delhi-NCR in the first half of 2017 as demand continued to be sluggish post-demonetisation despite a price correction of 20 per cent in the last 18 months, according to Knight Frank.

Jul 05, 2017, 17:42 PM IST

Housing sales fall over 40% in Jan-May on slow market: PropEquity

Housing sales fell by 41 percent during January-May period of 2017 at 1.10 lakh units across 42 major cities as property demand continued to be sluggish post demonetisation, according to PropEquity.

Jul 02, 2017, 16:19 PM IST

MFs plan schemes to cash in on housing for all mission

Mutual fund houses plan to come up with special schemes focused on the housing sector that is expecting a big boost from the Centre's 'Housing for All by 2022' mission.

Jun 04, 2017, 17:33 PM IST

Govt aims to construct 12 lakh houses in FY18 under PMAY scheme

The government has set an ambitious target to construct as many as 12 lakh houses under Pradhan Mantri Awas Yojana (Urban) in 2017-18, although only 1.49 lakh houses were built under the scheme in 2016-17.

May 22, 2017, 18:12 PM IST

'Affordable housing contributed over 50% to sales in Q3 FY17'

With the demand for affordable housing increasing, the segment witnessed a significant growth in fiscal 2017 and it contributed over 50 percent to the total sales during the October-December 2016 quarter, a recent survey revealed.

May 17, 2017, 20:05 PM IST

Read to know what do Indians spend on

As per the figures from the Global Consumption Database of the World Bank, consumer spending attitude differs from country to country. Poor generally shell out more on essential commodities in developing countries. 

May 10, 2017, 00:24 AM IST

PM Modi reviews performance of key infrastructure sectors

Prime Minister Narendra Modi on Monday reviewed progress of key infrastructure sectors including petroleum and natural gas, power, renewable energy and housing.


May 09, 2017, 16:39 PM IST

Govt rules out tax incentive beyond Rs 2 lakh for second home

Ruling out rollback of the proposal to restrict tax incentive for second home to Rs 2 lakh per annum, Revenue Secretary Hasmukh Adhia on Saturday said there is no point in subsidising purchase of second property by those who have surplus funds.

Feb 04, 2017, 17:11 PM IST

Housing sales may see 20-30% decline this year: Fitch

Residential property sales in India are expected to witness at least 20-30 percent dip in 2017 due to demonetisation impact, Fitch Ratings said today.

Jan 23, 2017, 23:58 PM IST

Housing demand at 4.2 mn in top 8 cities in 5 years: Report

Total demand for urban housing is estimated at 4.2 million units during the period 2016-2020 across the top eight cities, according to a report.

Nov 30, 2016, 23:26 PM IST

Housing prices may drop up to 30%, Rs 8 lakh crore in value to get wiped off

Housing prices in 42 major cities across India could drop by up to 30 per cent over 6-12 months after the demonetisation of high-value notes, wiping out over Rs 8 lakh crore worth market value of residential properties sold and unsold by developers since 2008.

Nov 24, 2016, 17:40 PM IST

Buying home in the smart cities may cost more

Buying home in the smart cities may cost more. Watch this special segment and get to know more here.

Oct 13, 2016, 22:58 PM IST

Competition Commission dismisses complaints against two realty firms

CCI has rejected complaints against two real estate developers -- Imperial Housing Ventures and ANS Developers.

Sep 02, 2016, 19:00 PM IST

Housing prices to remain muted in next six months

Housing sales are likely to remain stable or improve in next six months while price appreciation is expected to be muted, according to a report by FICCI-Knight Frank India.

Aug 18, 2016, 22:39 PM IST

Residential property sales grow 8% sequentially in Q1

Residential property sales grew by 8 percent in April-June quarter as compared to January-March quarter of the previous fiscal on the back of government's emphasis on affordable housing, softening interest rates and stagnant prices, a study said.

Jul 26, 2016, 16:25 PM IST

DDA's next housing scheme could be completely online

From "application to refund", the DDA is mulling making its next housing scheme a completely online affair to reduce the long queues of flat aspirants at its headquarters.

Jul 24, 2016, 11:05 AM IST