Tag: Housing Industry

Realty Developers Seek More RBI Rate Cuts

Recently Reserve Bank of India has cut its rates by 0.25 per cent. However this has not satisfied the realty developers, who say that the rate cut is insufficient to boost home sales. Reserve Bank of India has recently cut its rates by 0.25 per cent. Though the realty developers welcomed the RBI move, they […]

Affordable Housing Policy Coming Soon for All

In two months, India could have a brand new affordable housing policy, an effort to give some boost to a weakening real estate sector. The Union Ministry of Housing and Urban Poverty Alleviation is in the process of finalising such a policy in two months. The government had already allowed external commercial borrowing for low cost […]

Mumbai Builders Withdraws Strike Plan

Mumbai builders have called off their strike scheduled for May 3. The Maharashtra Chamber of Housing Industry and the Confederation of Real Estate Developers Association of India had called for a one-day token strike protesting the delay in project approvals and against the State Government’s move to establish a housing regulator. The Builders Association of […]

Analysis of Indian Housing Sector

The realty market in India is flourishing these days. Not just the domestic real estate developers but also the investors from all across the world; especially the NRIs are attracted to this Indian real estate market. If this continues, it is then expected that very soon the realty market will overtake the other industrial sectors […]

Realty Expo 2010 Scheduled in Dubai

Photo by on Vacation ModeOne of the most prominent bodies of realty developers and builders, Maharashtra Chamber of Housing Industry (MCHI) has planned to showcase the phenomenal work of Indian builders in the field of property in the 13th India Realty Expo 2010. This expo is scheduled from 3rd to 5th June, 2010 in Dubai, […]

Developers in the metropolis plan to target NRI buyers

Real estate developers in the metropolis plan to target NRI buyers, primarily in the UAE, in a bid to push up their sales, affected in recent times by high prices and adverse sentiment, a senior industry official said. “With the Rupee depreciating via-a-vis the dollar, NRI buyers stand to gain by around 20%. Prices too […]

New housing projects on hold in mumbai

The city is unlikely to see any new housing project coming up soon as the screws turn on the property market. Last month, Mumbai’s leading developers met and discussed the possibility of not launching new residential projects considering the slowdown, sources said. “New projects are not viable, sales are slow and buyers are sitting on […]