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Housing Finance Companies Beat Note Ban Blues, Report Healthy Growth

Arun Developers

Monday, 05 February 2018

Real Estate News

Housing-Finance-Companies-Beat-Note-Ban-Blues-Report-Healthy-Growth

Loan disbursals by Can Fin Homes, Indiabulls Housing Finance, and LIC Housing Finance in the past quarter suggest that the impact of demonetization on the real estate industry wasn't as bad as feared. Although the rate of growth they posted was lower than in the past, given the uncertainty, it still appeared strong.Can Fin Homes report a 28% increa...

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NRI Investments In Housing Set To Almost Double To $11.5 Billion This Year From 2013 Level

Arun Developers

Monday, 05 February 2018

Investing In Real Estate

NRI-Investments-In-Housing-Set-To-Almost-Double-To-11.5-Billion-This-Year-From-2013-Level

The Narendra Modi-led government has given a significant boost to the confidence of the non-resident Indians (NRIs), with their investment into the primary residential real estate market expected to almost double this year.About $11.5 billion of investment by NRIs is expected to come in the new home or primary residential market across top 8 major ...

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Housing Sector Biggest Beneficiary Of Demonetisation: Venkaiah Naidu

Arun Developers

Monday, 05 February 2018

Real Estate News

Housing-Sector-Biggest-Beneficiary-Of-Demonetisation

Housing sector is the biggest beneficiary of demonetisation as interest rates have fallen, Union Minister M Venkaiah Naidu on Friday said and expressed hope that Finance Minister will announce more incentives for the sector in the Budget on February 1.Taking a jibe on commentators who cast doubts on benefits to government from demonetisation as Rs ...

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Soon, You Will Get Lower Loan Rate With Home Cover

Arun Gupta

Monday, 05 February 2018

Real Estate

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Home buyers may soon get cheaper credit or more loans. All they need to opt for is property insurance.National Housing Bank, the regulator for housing-finance companies, is working on a broad framework with the Insurance Institute of India, which could reduce home loan rates by about half a percent if borrowers opt for an insurance cover, aimed at ...

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Tax Benefit To First-Time Home Buyers To Be A Game Changer: Nandita Chatterjee

Arun Developers

Monday, 05 February 2018

Real Estate News

Tax-Benefit-To-First-Time-Home-Buyers-To-Be-A-Game-Changer

The government will give a benefit of 2.4 lakh to first-time home buyers with taxable income below Rs 18 lakh a year, which would be a game changer for the sector, Housing and Urban Poverty Alleviation Secretary Nandita Chatterjee said.The amount is equivalent to the total interest subsidy over a 20-year loan and will be given upfront to the h...

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CREDAI To Soon Launch 200 Housing Projects Across The Country

Arun Gupta

Monday, 05 February 2018

Real Estate

CREDAI-To-Soon-Launch-200-Housing-Projects-Across-The-Country

Confederation of Real Estate Developers Associations of India (Credai) is to launch 200 housing projects across the country to contribute to PM Narendra Modi's target of providing houses to all by 2022, said its new chairman K Subba Raju.Addressing the media here on Monday, Subba Raju said the project will be launched by Union urban housing develop...

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Home Prices Across India On The Rise: RBI

Arun Developers

Monday, 05 February 2018

Real Estate News

Real estate prices continued to grow steadily according to the latest installment of Reserve Bank of India's House Price Index (HPI).While the overall index sequentially rose 2.2% at the end of December 2016, almost seven of the ten cities tracked by RBI saw increase in price last year.The House Price Index, that measures price levels across the na...

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4 Reasons Why Residential Real Estate Prices Will Rise Post RERA

Arun Gupta

Monday, 05 February 2018

Guide Property Investment

4-Reasons-Why-Residential-Real-Estate-Prices-Will-Rise-Post-RERA

RERA has been implemented with the purpose of enhancing transparency, mitigating information asymmetry and applying a uniform 'code of conduct' for developers across various states. It seeks to reduce the volatility seen in the real estate sector in the past, and eliminate the trust deficit between the two primary industry stakeholders - builders a...