real estate sector

Property market to touch USD 1 trillion by 2030; number of people employed in sector to grow at 7 crore: Housing secy

The number of people employed in the sector is also expected to rise to 7 crore in coming years, from 5.5 crore in 2019, he said while addressing a CII event on the real estate sector.

published on : 21st July 2021

Motilal Oswal Real Estate raises Rs 650 cr for fifth realty fund

The Fund, launched with a target corpus of Rs 800 crore, has received commitments of Rs 650 crore. The amount has been raised from high net worth individuals (HNIs) and family offices.The Fund, launch

published on : 20th May 2021

Housing sales up 21%, new supply down 405 in Jan-March; demand to be muted in April-June

Sales or absorption of housing units rose by 21 per cent across seven cities in the first quarter of the 2021 calendar year to 1,05,183 units as against 87,236 units in the year-ago period.

published on : 17th May 2021

Bengaluru slips 4 spots to rank 40th globally in price rise of luxury homes: Report

Bengaluru witnessed a fall of 2.7 per cent year-on-year in prime residential prices during January-March 2021, leading to a fall in its ranking on the global list.

published on : 6th May 2021

Godrej Properties clocks record sales bookings of Rs 6,725 cr in FY21; sells 9,345 homes

The residential segment contributed Rs 6,663 crore, while commercial projects Rs 62 crore in the overall sales bookings during the 2020-21 financial year.

published on : 4th May 2021

Realtors welcome status quo on rates, but worried about inflation

Buoyed by the unchanged low interest rates and government sops, India’s real estate sector welcomed the RBI’s decision to keep key rates unchanged.

published on : 8th April 2021

Real estate body NAREDCO seeks tax rationalisation, focus on affordable housing

NAREDCO chairman Rajeev Talwar said on Thursday that interest on housing loans should be fully allowed under Income Tax Deduction without any ceiling.

published on : 15th January 2021

Registration of housing properties at 9-year high of 9,301 units in Mumbai during November

The registrations in November 2020 jumped 17 per cent month-on-month and 67 per cent year-on-year.

published on : 9th December 2020