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Rise in housing prices unabated at 7% YoY in Q2 2023: CREDAI - Colliers - Liases Foras | Housing Price-Tracker Report Q2 2023 Housing prices across the top eight cities in India increased 7% YoY amid robust housing demand backed by continued positive homebuyer sentiment and stable interest rates. Kolkata recorded the highest increase in residential prices at 15% YoY, followed by Delhi NCR and Hyderabad with 14% and 13% YoY increase respectively. Fueled by a continued desire for home ownership and stable interest rates, coupled with growth in disposable incomes, housing demand is poised for steady growth even am...
Rise in housing prices unabated at 7% YoY in Q2 2023: CREDAI - Colliers - Liases Foras | Housing Price-Tracker Report Q2 2023
Rise in housing prices unabated at 7% YoY in Q2 2023: CREDAI - Colliers - Liases Foras | Housing Price-Tracker Report Q2 2023
Source: PR Agency
9/08/2023 2:00:53 PM
CREDAI - Colliers - Liases Foras Housing Price Tracker Q1 2023 Housing prices rise 8% YoY in Q1 2023 amidst strong demand in the sector: CREDAI – Colliers - Liases Foras| Housing Price-Tracker Report Q1 2023 Housing prices across the top eight cities in India increased 8% YoY amidst strong housing demand and consistent quality launches by top developers. Delhi-NCR saw the highest increase in residential prices at 16% YoY, followed by Kolkata and Bengaluru with 15% and 14% YoY increase respectively. Despite rising interest rates, housing prices h...
CREDAI - Colliers - Liases Foras Housing Price Tracker Q1 2023
CREDAI - Colliers - Liases Foras Housing Price Tracker Q1 2023
Source: PR Agency
14/06/2023 11:18:14 AM
Repo rate hike as expected, may further impact affordable housing demand Real Estate Industry on Wednesday claimed that the repo rate hike by the RBI is likely to impact the demand of affordable housing in the country. Given that interest rates may breach the 9.5 per cent mark with the hike, the affordable housing segment may see some pressure on sales volumes. Anuj Puri, Chairman, ANAROCK Group said that the 25 bps rate hike is much along the expected lines. "With repo rates now at 6.5 per cent, there could be some repercussions on housing uptake as...
Repo rate hike as expected, may further impact affordable housing demand
Repo rate hike as expected, may further impact affordable housing demand
Source: IANS
8/02/2023 2:10:17 PM
Realty sector seeks boost to affordable housing, tax and policy relief To sustain the demand in the housing segment, the realty sector wants tax- and policy-related relaxations in the Union Budget 2023. Realtors said that with interest rates rising, a lot depends on the upcoming budget to support and sustain the housing demand. Manoj Gaur, President, CREDAI NCR and CMD Gaurs Group, said that real estate contributes 6-8 per cent to the GDP and employs more than 5 crore people. "It (real estate sector) has high hopes from the forthcoming budget. To...
Realty sector seeks boost to affordable housing, tax and policy relief
Realty sector seeks boost to affordable housing, tax and policy relief
Source: IANS
22/01/2023 12:25:59 PM
Realty industry wants tax and policy related relaxations in upcoming Budget With a view to sustain demand in the housing sector, the realty industry wants tax and policy related relaxations in the upcoming Budget. With interest rates rising, a lot depends on Budget 2023 to support and sustain the housing demand. "The government should rationalise GST rates for construction materials like steel, cement and tiles. Additionally, the government should put aside more funds under the stress fund SWAMIH. "Policies should be relaxed, or scope of policy sho...
Realty industry wants tax and policy related relaxations in upcoming Budget
Realty industry wants tax and policy related relaxations in upcoming Budget
Source: IANS
17/01/2023 10:22:26 AM
74% of developers expect demand to increase or remain stable, reveals CREDAI, Colliers, Liases Foras * About 62% of the developers feel that buyer enquiries and engagement have increased in 2022 compared to 2021 * About 43% of the developers feel that residential demand would remain stable in 2023 * About 31% of the developers are willing to explore plotted developments as an alternative business model, followed by branded residences As per the Developer Sentiment Survey conducted by CREDAI, Colliers, and Liases Foras, about 58% of the developers pan India expect housing prices to i...
74% of developers expect demand to increase or remain stable, reveals CREDAI, Colliers, Liases Foras
74% of developers expect demand to increase or remain stable, reveals CREDAI, Colliers, Liases Foras
Source: PR Agency
16/01/2023 3:42:34 PM
170-km Pune Ring Road project set to begin after monsoon Construction of the much-awaited 170 km-long Pune Ring Road project is set to begin after the current monsoon season. By separating the inner-city traffic from highway traffic, the Ring Road will significantly enhance transit and bring down pollution caused by traffic jams. Tenders for the inaugural 32-km stretch, which goes from the industrial hub Chakan to Ahmednagar Road, and Nagar Road to Solapur, has been released. The project is being undertaken via Public Private Partnership (...
170-km Pune Ring Road project set to begin after monsoon
170-km Pune Ring Road project set to begin after monsoon
Source: IANS
29/08/2022 1:57:10 PM
Rise in Repo rate likely to hurt homebuyers' sentiment  Increase in repo rate by 50 basis points by RBI leading to short term interest rate spike is likely to hurt the homebuyers' sentiments. While real estate developers are conscious about the inflationary pressure building up with the spiralling economic discord, they will chalk out deal sweeteners on the back of festive tailwinds. "Industry reckons the RBI's focus on sustainable economic growth with Real GDP forecast at 7.2 per cent for FY23, while continuing its monetary ...
Rise in Repo rate likely to hurt homebuyers' sentiment
Rise in Repo rate likely to hurt homebuyers' sentiment
Source: IANS
5/08/2022 4:53:26 PM
Here are some reactions of realtors on RBI's policy outcome on realty sector The Reserve Bank of India on Wednesday raised the key lending rate or repo rate by 50 basis points to 4.9 per cent to tame rising inflation, which has been now above the central bank's 6 per cent tolerance level for four months in a row. Repo rate is the rate at which the central bank lends short-term funds to banks. In line with the rate hike by the RBI, some banks and non-banking finance companies too had raised their lending rates, which will essentially lead to an increase in EM...
Here are some reactions of realtors on RBI's policy outcome on realty sector
Here are some reactions of realtors on RBI's policy outcome on realty sector
Source: IANS
8/06/2022 4:37:09 PM
Housing Price Tracker Report 2022 by CREDAI – Colliers - Liases Foras Amidst disruptions, residential housing prices rose by 4% YoY in Q1 2022 while unsold inventory declined marginally signaling a revived demand: CREDAI – Colliers - Liases Foras Housing PriceTracker Report 2022 INDIA – A pick-up in housing demand across most cities and skyrocketing prices of raw materials for almost 2 years, led to YoY increase in housing prices, surpassing pre-covid levels across all 8 metro cities (Delhi, Mumbai, Kolkata, Pune, Hyderabad, Chennai, Bengaluru, a...
Housing Price Tracker Report 2022 by CREDAI – Colliers - Liases Foras
Housing Price Tracker Report 2022 by CREDAI – Colliers - Liases Foras
Source: PR Agency
24/05/2022 3:44:32 PM
IT/ITeS, Infrastructure Drive Growth in Telangana – CREDAI - ANAROCK Report * State witnessed INR 1.5 Lakh Cr worth IT exports in 2020-21 - a 12.98% rise against the preceding year; 2.21X growth in IT/ITeS exports compared with the national average * More than 6.3 Lakh employees presently working in IT/ITeS sector in Telangana * Other than Hyderabad, various companies already exploring Warangal, Karimnagar & Nizamabad as alternate IT/ITeS hubs due to availability of cheaper land, sound infra & presence of many professional colleges; CYIENT &am...
IT/ITeS, Infrastructure Drive Growth in Telangana – CREDAI - ANAROCK Report
IT/ITeS, Infrastructure Drive Growth in Telangana – CREDAI - ANAROCK Report
Source: ANAROCK Property Consultants Pvt Ltd
24/12/2021 11:26:03 AM
95% realtors fear project delays due to 2nd Covid wave, seek urgent relief Over 95 per cent developers in the country expect delays in project completion due to the second wave of Covid-19, according to a survey by the Confederation of Real Estate Developers' Associations of India (CREDAI). The survey also showed that developers feel relief measures from the government and the Reserve Bank of India (RBI) are of utmost necessity to avoid delay. The CREDAI report noted that these delays are attributed to a range of factors, with 92 per cent developers experi...
95% realtors fear project delays due to 2nd Covid wave, seek urgent relief
95% realtors fear project delays due to 2nd Covid wave, seek urgent relief
Source: IANS
10/06/2021 4:43:37 PM
CREDAI officials want regulators for cement/steel sectors Citing the runaway prices of steel and cement, real estate developers are hoping that the central government set up a regulator for these two sectors, said top officials of Confederation of Real Estate Developers' Association of India (CREDAI). They also said the possibility of importing cement should be looked at as the rise in the prices of construction inputs is squeezing out their margins and may have to be passed on to the customers. Speaking to media after releasing the nation...
CREDAI officials want regulators for cement/steel sectors
CREDAI officials want regulators for cement/steel sectors
Source: IANS
10/06/2021 3:58:18 PM
Perspective on the CREDAI MCHI request for extension of stamp duty cut in Maharashtra by Mr. Krish Raveshia, CEO at Azlo Realty Perspective on the CREDAI MCHI request for extension of stamp duty cut in Maharashtra by Mr. Krish Raveshia, CEO at Azlo Realty The Maharashtra government slashing the stamp duty in August 2020 led to the monthly registrations hitting 10,000/month consistently. The lower stamp duty effectively reduces the cost of acquisition for a real estate unit. Extending the prevailing lower stamp duty for at least a year will improve homebuyer sentiment and increased property registrations. It will en...
Perspective on the CREDAI MCHI request for extension of stamp duty cut in Maharashtra by Mr. Krish Raveshia, CEO at Azlo Realty
Perspective on the CREDAI MCHI request for extension of stamp duty cut in Maharashtra by Mr. Krish Raveshia, CEO at Azlo Realty
Source: PR Agency
25/03/2021 2:34:31 PM