Commercial real estate is thriving, says Deepak Parekh, the chairperson of Housing Development Finance Corporation (HDFC). His statement comes at a time when India is going through a deep economic downturn and thousands of residential flats cannot attract buyers. While talking to CNBC-TV18 in an exclusive interview, Mr. Parekh portrayed a blossoming picture of India’s […]
Real estate India – on the path to growth with increasing investments
The year 2018 has been good to the Indian real estate market. The growth witnessed has been promising and is an indicator of the boom that the market will go through in the coming years. By the year 2025, real estate India market is expected to share 13 per cent of the country’s gross domestic […]
RK Group ventures into finance, to target affordable housing and small businesses
Rajasthan based RK Group(RK Marbles) has stepped into housing finance. Wonder Home Finance Limited(WHFL) is a subsidiary of the group that was launched recently. With a plan to disburse a loan of about Rs 200 crore by March 2019, the company will initially put their money in affordable housing and small businesses. Sanjay Singh Rajawat, […]
The world’s real estate spells tiny houses – where small is the new big
Real estate, unlike a few years back, has risen from the ashes. Where luxury and affordable housing are running parallel, a new concept covering both is slowly taking over the market. Micro-housing is the game changer that is slowly drawing the interest of the new-age buyers. Rising home prices have brought housing to a situation […]
India Ratings and Research keeps a negative outlook for residential real estate
During the year 2016-17, several policy changes by the Indian government has made both negative and positive effects on the real estate sector. As the sector continues to adapt and flourish with the new regulations, India Ratings and Research (Ind-Ra) continues to uphold a negative stance for the residential real estate for the financial year […]
NitiAayog takes stand for affordable housing
The key constraint in affordable housing has always been the high costs involved in the proposition of land acquisition. The NitiAayog has effectively addressed the concern by bringing up steps to lower land prices and drive forward the much-needed push in the housing for all scheme of Centre. The think tank of government has initiated […]