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City real estate market turns the corner: report

July 26, 2017

In an indication that the Chennai real estate market may have turned the corner, sales and launches of housing units attained the levels seen in mid-2015.“Compared to the last two years, 2017 began on a positive note with sales and launches ... Read More

Brick-by-brick, a home of your own

July 26, 2017

If you are young and earn a yearly salary of ₹12-₹18 lakh, there is no better time to make your first buyOriginally intended for providing a roof over the head of every urban poor, the subsidy scheme under Pradhan Mantri Awas Yojana (PMAY ... Read More

Deleveraging to be gradual despite pre-sales growth: Fitch

November 23, 2015

MUMBAI: Even as pre-sales in the residential segment are likely to increase by nearly 5-10 per cent in 2016, developers will not be able to de-leverage immediately as most of them have offered various schemes that would delay payment by buyers, a ... Read More

What the RBI rate cut means for investors as well as borrowers

January 19, 2015

RBI surprised the street by cutting the repo rate from 8% to 7.75%. Though small, this 'between-the-meetingscut' has given the signal that the RBI is confident of achieving its inflation targets and the focus is shifting towards growth. Since the RBI ... Read More

With EMI savings on home loans set to increase, avoid fixed rates

January 19, 2015

The Reserve Bank of India went for a surprise policy rate cut for the first time in 20 months ahead of its monetary policy meet on February 3, 2015. The move brought a much needed relief to the existing and prospective home loan customers who have  ... Read More

RBI rate cut will boost housing demand: Realty developers

January 15, 2015

NEW DELHI: The real estate industry today hailed the RBI's decision to cut key interest rate, saying the move will boost housing demand and also improve sentiments in the sluggish property market.However, real estate developers and property consu ... Read More