Realtors say up to two-year delay likely in delivery of flats in Delhi-NCR

NOIDA: The completion timelines of flats in various stages of construction in Delhi-NCR could stretch up to two years, realtors’ associations Naredco and Credai...

Government targets Rs 720 crore from 8% stake sale in HUDCO

NEW DELHI: The government's up to 8 per cent stake sale in HUDCO at a floor price of Rs 45 apiece would open for...

Real estate sector loans worth USD 18 bn under severe stress: Report

Kolkata;  Around USD18 billion loans of the overall lending to the real estate sector by banks, NBFCs and housing finance companies (HFCs) are under...

Need for relaunch of PMAY scheme with in-built credit-linked insurance: CII

NEW DELHI: Industry chamber CII on Sunday called for relaunch of the Pradhan Mantri Awas Yojana (PMAY) scheme with mandatory life insurance for all...

IFC lends Rs 1,875 crore to HDFC to promote affordable green housing finance

NEW DELHI: International Finance Corporation (IFC), a private sector investment arm of the World Bank Group, has decided to provide loan of USD 250...

Second-hand flat buyers have same rights as original allottees: SC

NEW DELHI: In a major relief to homebuyers who purchased flats from original allottees but were not delivered the apartments, the Supreme Court on...

Office space leasing touch 10.9 million sq ft in top six cities: Report

NEW DELHI: Leasing activity across six major cities in India during the first half of 2021 dragged to a six-year low, according to a...

Real estate market to touch $1 trillion by 2030: Housing secretary

NEW DELHI: The Indian real estate market is estimated to touch USD 1 trillion by 2030 driven by rising demand and various reforms in...

Demand for new homes sends India’s Realty Index to a decade high

Companies like Mahindra Lifespace Developers Ltd., Indiabulls Real Estate Ltd., DLF Ltd. and Oberoi Realty Ltd. have gained 19% to as much as 80%...

Ripple Threatens to Usurp Bitcoin and Usher In “The Rippening”

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or...