indrefs.com

Sign in with Facebook
Sign in with Facebook

Residential demand unlikely to improve in 12-18 months, confirms CRISIL

User Rating: 5 / 5

Star ActiveStar ActiveStar ActiveStar ActiveStar Active

Even though the number of affordavle housing projects are joing up in the recent times, the demand for residential units is unlikely to increase over the next 12-18 months. This is due to the reason that the number of end users are lacking. CRISI's analysis shows that the home sales in the top 10 cities such as chennai. mumbai, delhi, Bengaluru, Hyderabad, Kochi, Kolkota, Ahmedabad, Chandigarh, etc. has reduced by a compounded factor of 8% since 2011.

Documents uploaded on real estate sites cannot be deleted

User Rating: 5 / 5

Star ActiveStar ActiveStar ActiveStar ActiveStar Active

Developers will now have to be careful when uploading documents with the Real Estate Regulatory Authority (RERA). A new order issued by the authority states that documents uploaded by promoter during registration or project update cannot be deleted. Builders complain that the government had already mentioned that it would not be stringent but now is turning so.

Demonetization has not affected prices of properties

User Rating: 5 / 5

Star ActiveStar ActiveStar ActiveStar ActiveStar Active

Recent studies show that in the first quarter of 2017, prices of under construction properties in Delhi and nearby cities have seen a sharp fall. However, contrary to the popular belief, it is not due to demonetization in November. This fall has been a correction in price of properties. In the last quarter of 2016, there was an upward movement in pruces of residential properties.

Want quick reply to your question? Post it to the Forum and get quick and prioritized reply! For questions on posting to forum, please read article on how to post a question in the forum.

Latest News

Residential demand unlikely to improve in 12-18 mo...
22 Oct 2017 09:27 - Krishna

Even though the number of affordavle housing projects are joing up in the recent times, the demand f [ ... ]

Affordable Housing may be next big thing
30 Jul 2017 07:52 - Krishna

Thanks to the govenrment's effort to lead to affordable housing, housing loans and sales in this cat [ ... ]

RERA deadline up on July 31st
30 Jul 2017 07:38 - Krishna

Builders are worried about the deadline to sign up for Real Estate Regulatory Authority (RERA). Any  [ ... ]

Documents uploaded on real estate sites cannot be ...
30 Jul 2017 07:04 - Krishna

Developers will now have to be careful when uploading documents with the Real Estate Regulatory Auth [ ... ]

Demonetization has not affected prices of properti...
23 Jul 2017 10:47 - Krishna

Recent studies show that in the first quarter of 2017, prices of under construction properties in De [ ... ]

Featured News

You can take five years to make use of interest ra...
04 Mar 2016 10:22 - Krishna

A home owner will be able to take tax exemption on home loan even if the house construction gets com [ ... ]

Procedure to obtain E Khata for a property allotte...
13 Oct 2014 03:53 - Krishna

E khata has become an important document for almost all new buyers. If existing home owners wis [ ... ]

Subscribe to News

Sign in with Facebook