Tag: housing sector

Housing Projects Incomplete, Home Buyers Affected

Incomplete housing projects are expected to affect the home buyers who have booked apartments in new projects. As against the expected launches majority of the housing projects reached only the halfway. Home buyers, staring at these incomplete housing projects, become hopeless. The experts say that they will have to wait another one or two more […]

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 […]

Construction Sector Affected By Water Shortage

Water, without any doubt, is one of the most important materials for construction sector. If there is no sufficient water, the construction is not possible. Approximately two to three lakh liters of water is daily used for the construction of a single project. Now you can think how important water is for construction sector. In […]

India to face severe housing shortage: Knight Frank

In the coming years, the housing shortage will be more in India, reported Knight Frank. Realty consultant firm added that the supply of houses will be shorter than the number of homes demanded. In the years to come, India will be facing acute and severe housing shortage, warns Knight Frank. In the opinion of the […]

Rs.1L Deduction to First – Home Buyers: Budget 2013 Proposes

Recently announced Budget 2013-14 has proposed Rs.1L Deduction to the home buyers who will be buying their first home. Those who are preparing to own their first home will be glad to hear that they will be given Rs.1L as deduction in their interest. However the new proposal of Budget 2013 will be helping only […]

Real Estate Sector got no Resurgence.

Share of the housing sector to the overall GDP is likely to rise by one per cent to 6 per cent on increased investment revealed by the  latest Economic Survey. Currently, about 5 per cent of India’s GDP is contributed by the housing sector. With institutional credit for housing investment growing at a compounded annual […]