Tag: Realty sector
9 Results
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GST cut in realty sector: Mixed reactions from industry experts
It is a buyer-centric move. Developers will be burdened with GST payments to vendors, suppliers, agencies and contractors and it will increase the cost further amid the already shrinking margin due to the dynamic policies of the government.
February 25, 2019 -
Dark night for realty sector grows long
It was a year when India’s realty sector was shaken to its foundation. A majority of the big, medium and small realtors across the country suffered from a severe liquidity crunch, stalled projects, elusive investors and buyers and a near-blanket stay on new projects — especially in the lucrative commercial and luxury housing segments. How...
October 27, 2017 -
Festive cheer eludes realty sector
Much against the expectations of the real estate sector, this year’s festive season is turning out to be somewhat disappointing for property developers as aspiring home buyers are extra cautious about investments in the backdrop of the slowing economy and unstable realty sector, hit by the short-term impact of the Real Estate Regulation Act (RERA)...
October 18, 2017 -
Punjab’s realty sector to see big boom
Punjab's realty sector is going to witness a major breakthrough with the state government giving go-ahead for development of urban estates in seven development authorities at a cost of Rs.702.10 crore. These include five sectors, including City Centre, surrounding area of Aerocity in Mohali and Medi city in Mullanpur, also known as New Chandigarh. Besides...
May 4, 2017 -
Housing sales drop in top 8 cities during January to March
Housing sales fell marginally by 1 per cent in eight major cities to 28,131 units during January-March over the previous quarter, with demand slowly recovering from demonetisation impact, a study says. 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–...
April 19, 2017 -
Nifty Realty index jumps 30% in 136 days; here are notable gainers!
Trading in line with record high domestic benchmark indices, the Nifty Realty index has registered a growth of 28.1 per cent in last 136 days, from November 21, 2016 to April 5, 2017. Investors turned bullish on real estate companies amid beliefs that the Goods and Services Tax (GST) and RERA (Real Estate Regulation Act)...
April 6, 2017 -
Sensex, Nifty close down; Realty stocks shine
Domestic equity markets closed Tuesday’s trading session on a marginally lower note amid profit booking mixed global cues. The Sensex at the BSE closed 33 points down at 29,485 and the Nifty at the NSE ended five points lower at 9,122. In the broader markets, BSE Midcap index slumped 0.5 per cent but Smallcap index...
March 21, 2017 -
‘Note ban will hit property sales by 20-30% this year’
Disruptions caused by demonetisation and the general caution on the part of buyers will hit property sales in India by at least 20-30 per cent in 2017, Fitch Ratings said in its latest report. "We expect home prices also to decline this year because demand for residential property has weakened significantly in the fourth quarter...
January 25, 2017 -
‘Note ban will hit property sales by 20-30% this year’
Disruptions caused by demonetisation and the general caution on the part of buyers will hit property sales in India by at least 20-30 per cent in 2017, Fitch Ratings said in its latest report. "We expect home prices also to decline this year because demand for residential property has weakened significantly in the fourth quarter...
January 25, 2017