The upside of high residential inventory
News Point: Supply/demand mismatch in terms of price and configurations…
Search Results: Home loan interest (310)
Many catalysts to project delays and trust deficit
News point: There are many reasons of project delays and…
Pune commands highest price appreciation
News Point: At a time when the property markets across…
Gudi Padwa spirit may not land you in fancy trap
Bottom Line: Discounts & freebies on Gudi Padwa are often…
Budget impact on real estate sector
The Union Budget for 2016-17 has overall been a good…
Time for real estate to get rational with budget
Finance Ministry officials maintain that budget wish list of developers…
An imminent price correction on cards
There had suddenly been a deafening silence when the RBI Governor Dr Raghuram Rajan recently asked the real estate developers to reduce the home prices. However, the economist in Rajan was not making a faux pass. He could rather see a supply side of bubble in the making. Therefore, he came harsh on the sector.
A look at India’s housing market in 2015
In many ways, the year 2015 was a defining one for the residential real estate segment in India. This was the period when the market began to evolve, along with customer expectations as well as market dynamics.
Hanging sword of approvals behind project delays
Gaurav Kapoor booked a flat in one of the newly launched projects of Delhi-NCR in early 2007. He was promised the flat would be ready for possession within three years with a grace period of six months. To play safe Gaurav even opted for a construction linked payment plan to the developer but six years have gone and he is yet to get his flat and every time he has approached the developer, various reasons for delay have been cited from macro economic conditions to funding woes and approval delays on part of the government agencies.
Right answer to funding missing
“How long can a sector survive which is borrowing at 48 per cent from private lenders to serve the interest of previous debt raised at much lower rate,” asks a banker. His concern is not without valid reasons. Developers experimented with all funding options but still many of them are now being forced to seek other sources of funding which not only comes at a significantly higher cost but also where the source of fund is unregulated.