RBI sees continued uptick in housing demand

Last Updated: Friday, August 30, 2013, 18:20

The demand for housing finance will continue to grow in the future but there was a need to develop more statistical tools to gauge the evolving trends, Reserve Bank Executive Director Deepak Mohanty said Friday.

Govt considering infrastructure status to housing sector

Last Updated: Wednesday, August 7, 2013, 18:18

The Union government on Wednesday said that a proposal to assign infrastructure status to affordable housing sector is under consideration of an institutional mechanism constituted by the Finance Ministry.

Gujarat govt gives nod to four housing schemes

Last Updated: Wednesday, July 17, 2013, 20:51

Gujarat government on Wednesday cleared four schemes aimed at providing affordable housing to urban poor and lower middle income population, as per the promise made in the BJP's December 2012 election manifesto.

Despite rising prices, bank credit to housing down to 9.5%: RBI

Last Updated: Thursday, June 27, 2013, 20:12

The Reserve Bank on Thursday said despite a steep fall in bank credit to the housing sector, which in turn brought down demand, house prices in some of the major urban centres have been on the rise.

Indians among top five countries buying properties in the US

Last Updated: Wednesday, June 26, 2013, 08:50

The five markets of greatest interest to potential Indian buyers are Los Angeles, Orlando, Chicago, Dallas, and Houston.

Home prices inflated; aggressive lending dangerous: Parekh

Last Updated: Friday, June 21, 2013, 13:45

Deepak Parekh on Friday asked builders to focus on affordable housing, rather than luxury homes, and said it is a dangerous thing to lend aggressively to developers.

Jain Group plans housing projects worth Rs 2,000 crore

Last Updated: Tuesday, May 21, 2013, 15:38

Jain Group is planning to build affordable housing projects across four east Indian cities.

Correction in housing prices to continue for some time: NHB

Last Updated: Thursday, February 7, 2013, 19:41

National Housing Bank (NHB), the regulator for housing finance companies, Thursday said there has been price correction in the housing market and it is likely to continue in some pockets, including the NCR region.

Housing sales dip by 42% in NCR, 34% in Mumbai in Jan-Aug 2012

Last Updated: Tuesday, November 6, 2012, 20:59

Mumbai Metropolitan Region and Bangalore markets, too, witnessed drop in absorption of housing units at 34 percent and three percent, respectively, during January-August period of 2012 compared with the year-ago period.

Housing prices up 6.7% in Q1: RBI

Last Updated: Monday, October 29, 2012, 22:40

There has been a 6.7 percent growth in housing prices across the country in the first quarter of the current fiscal, Reserve Bank said Monday.

CREDAI asks builders not to pay bribe to officials

Last Updated: Friday, October 5, 2012, 16:31

Hurt by allegations of corruption in the realty sector, CREDAI -- the apex body of developers -- has asked its about 10,000 members not to pay bribe to officials for getting project clearance.