More in Finance

3 months

What Ails the Housing Market?

The 'golden years' of Indian residential real estate are well and truly over, at least in the short to mid-term. The sentiment of end-users as well as investors who previously banked heavily on residential real estate for maximum returns is seriously curtailed.

3 months

Subvention Schemes Ban - Only 8% of Total 280 Housing Projects Launched in Q2 2019 Affected

The National Housing Board's (NHB) recent directive to housing finance companies to refrain from giving loans under subvention schemes was not as crippling as was initially assumed. ANAROCK research reveals that out of the total 280 projects launched in the April-June quarter of 2019, only about 23 projects (or 8%) were marketed under subvention schemes. These 23 projects comprised of 7,620 units – about 11% of the total 69,000 units launched in the quarter.

3 months

72 Years of Independence - A Bittersweet Dawn for India's Housing Sector

As India embarks on another year of independence, the country's real estate sector has a lot to be grateful for, a lot to hope for - and still a lot to worry about.

3 months

New Luxury Housing Supply Triples in 2 Years Since DeMo

New supply of homes priced >INR 1.5 Cr stood at 16,100 units in H1 2019 against 5,240 units in H1 2017 (period immediately post DeMo) In H1 2017, luxury supply in most cities fell to three-digit numbers; NCR & Pune saw minimal launches - merely 140 units collectively Expensive markets MMR & NCR together comprise 59% share of new luxury stock in H1 2019 - 6,490 units & 3,030 units respectively Over 9,940 units in H1 2019 added in price budget of INR 1.5 - 2.5 Cr, remaining 6,160 units added in >INR 2.5 Cr budget Of the total 6.65 lakh unsold units in top 7 cities in Q2 2019, approx. 86,430 units are in the luxury category (priced >1.5 Cr)

3 months

Monetary Policy Reaction - Rate Cut Not Enough To Do Much For Real Estate

The hard facts of declining consumption and a deepening economic slowdown in India are inescapable, and real estate has been severely impacted by them.

3 months

High Operating Costs Brew Trouble for India's Café Chains

The tragic debacle around CCD's debt-ridden founder may be indicative of a larger malaise:

4 months

Monetary Policy - Can A Repo Rate Cut Revive Real Estate Demand?

Overall consumption in India has taken a serious beating in the recent past, and the RBI needs to give a serious booster shot to hike up consumer sentiments.