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Logo of the Reserve Bank of India (RBI).(Reuters)

Realtors welcome RBI policy, urge apex bank to boost liquidity in housing sector

PTI | | Posted by Srivatsan K C, New Delhi
PUBLISHED ON APR 07, 2021 10:30 PM IST
The Reserve Bank of India (RBI) kept key interest rates unchanged and stuck to its accommodative stance amid concerns of rising Covid-19 infections that could derail the nascent economic recovery.
Now that people will be working from home more often, the demand for homes with larger spaces will only increase over the long-term, says HDFC CEO Keki Mistry.(Sunil Ghosh / HT File Photo)
Now that people will be working from home more often, the demand for homes with larger spaces will only increase over the long-term, says HDFC CEO Keki Mistry.(Sunil Ghosh / HT File Photo)

Demand for homes will pick up after Covid-19 lockdown ends: HDFC CEO Keki Mistry

New Delhi | By Indo Asian News Service | Posted by: Anubha Rohatgi
UPDATED ON MAY 30, 2020 02:28 PM IST
HDFC chairman Keki Mistry says that as work from home becomes more relevant, demand for larger spaces will increase.
NRI investments in Indian real estate has doubled from $5 billion in 2014 to $10.2 billion in 2018.(HT Photo)
NRI investments in Indian real estate has doubled from $5 billion in 2014 to $10.2 billion in 2018.(HT Photo)

What NRIs should watch out for when investing in Indian real estate

livemint | By Ashwini Kumar Sharma
UPDATED ON SEP 25, 2019 12:11 PM IST
NRIs looking for end use may get a good deal in the residential segment given the current slowdown. Real estate is an illiquid asset class and faces risks such as delay in construction or default by the developer
The government’s latest measures for the housing sector would improve demand for some affordable housing and mid-income housing projects.(Mint Photo)
The government’s latest measures for the housing sector would improve demand for some affordable housing and mid-income housing projects.(Mint Photo)

Govt’s booster shot for realty fails to relieve the pain points in the sector

livemint | By Vatsala Kamat
UPDATED ON SEP 17, 2019 04:18 PM IST
One would have reckoned that the last-mile funding of Rs 20,000 crore announced to resurrect real estate projects should have helped developers. But as always, the devil is in the detail
Chennai’s diversified economy is keeping the momentum upbeat for its realty market.(Photo: Hindustan Times)
Chennai’s diversified economy is keeping the momentum upbeat for its realty market.(Photo: Hindustan Times)

Chennai has least delayed housing stock of Top 7 cities: Report

Chennai | By Press Trust of India
UPDATED ON SEP 16, 2019 03:01 PM IST
Chennai’s real estate market reflects little of the automobile sector’s slowdown.
A series of economic shocks in the last few years have dented property-market sentiment and caused funding for developers to dry up.(Photo: Mint)
A series of economic shocks in the last few years have dented property-market sentiment and caused funding for developers to dry up.(Photo: Mint)

Is government’s $1.4 billion housing fund enough to revive sector?

Bloomberg | By Dhwani Pandya
UPDATED ON SEP 15, 2019 01:09 PM IST
Finance Minister Nirmala Sitharaman announced the setting up of a 100 billion rupee fund to finance middle-income and affordable housing projects.
Last fiscal, the total disbursements of housing loans by PSBs and HFCs in 2017-18 also showed a growth of 33 % (Rs 3 lakh crore) as against Rs 3.2 lakh crore in 2016-17.(HT Photo)
Last fiscal, the total disbursements of housing loans by PSBs and HFCs in 2017-18 also showed a growth of 33 % (Rs 3 lakh crore) as against Rs 3.2 lakh crore in 2016-17.(HT Photo)

78% of new accounts booked in 2017-18 were home loans under Rs 25 lakh category: NHB

Hindustan Times, Delhi | By Moushumi Das Gupta
UPDATED ON JUN 28, 2018 07:54 AM IST
Under PMAY, launched by Prime Minister Narendra Modi in 2015 to provide housing for all by 2022, the Centre provides an interest subsidy on housing loans to the Economically Weaker Section/Low Income group and Middle Income group. The increased numbers point to a revival in the housing sector, clearly showing that the scheme is working, says NHB official.
Prime Minister Narendra Modi said the government has been working to free the housing sector of corruption and middlemen to ensure people get their own houses without hassle.(Reuters File Photo)
Prime Minister Narendra Modi said the government has been working to free the housing sector of corruption and middlemen to ensure people get their own houses without hassle.(Reuters File Photo)

Govt working to free housing sector from corruption, middlemen: PM Modi

Press Trust of India, New Delhi | By Press Trust of India
UPDATED ON JUN 05, 2018 11:06 AM IST
Prime Minister Narendra Modi said that use of latest technology is ensuring faster building of houses for the poor in rural and urban areas at affordable cost.
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