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Housing sales News

04 Jul 2023

Housing Sales Down 1% In Jan-Jun Across Top 8 Cities: Report

In contrast, gross office space leasing increased 3 per cent to 26.1 million square feet from 25.3 million square feet. Commenting on the findings, Knight Frank India CMD Shishir Baijal told reporters that housing and office markets across major cities have remained steady in the first half of this calendar year despite rise in interest rates on home loans and global headwinds

10 Jul 2022

Housing sales jump 2.5x in Delhi-NCR during Jan-June; prices up 7%: Report

The sales in first half of 2021 calendar year were hit by the second wave of the COVID-19 pandemic. New launches of homes jumped multi-fold to 28,726 units from 2,943 units during the period under review.

01 Apr 2022

Housing sales up 71% in 7 major cities in Jan-Mar; highest sales since 2015

In Delhi-NCR, housing sales more than doubled to 18,835 units from 8,790 units, while the MMR saw a 43 per cent rise in sales to 29,130 units from 20,350 units. Housing sales in Bengaluru grew 55 per cent to 13,450 units from 8,670 units. Pune rose 33 per cent to 14,020 units from 10,550 units.

02 Jan 2022

Housing sales up 71% in 2021 in top 7 cities; sales down 10% from 2019

Housing sales stood at 1,38,350 units in 2020 and 2,61,358 units in the 2019 calendar year. Housing sales in Mumbai Metropolitan Region (MMR) rose 72 per cent to 76,400 units in 2021 from 44,320 units in the previous year. Delhi-NCR witnessed 73 per cent rise in sales to 40,050 units in 2021 from 23,210 units in 2020.

09 Sep 2020

Realty firms offer discounts, easy payment plans to attract customers

Godrej Properties probably set the trend by offering 10:90 scheme in its ongoing projects where a prospective buyer needs to pay 10% initially and the rest 90% on possession This scheme helped the company a lot in achieving over Rs 1,500 crore of sales bookings despite the pandemic Bengaluru-based Embassy Group is also offering a 10:90 scheme (pay 10% now and 90% on possession) as well as assured rent in some of its residential projects

29 Apr 2019

Housing sales down 5% in Jan-Mar 2019 on changes in GST rates, rules: Report

Gurugram witnessed 10 percent rise in sales at 5,764 units from 5,220 units in the corresponding period of the previous year. Sales in Kolkata were up by 8 percent at 3,623 units.

27 Feb 2019

GST cut to boost sales of under-construction flats: Moody's

The GST Council had on Sunday decided to cut goods and services tax (GST) rate on affordable homes to 1 per cent without input tax credit (ITC) from earlier 8 per cent with ITC.

11 Mar 2018

Housing sales higher than new supply in last 2 years: JLL India report

According to report, the housing sales stood at 2,44,830 units during 2016 and 2017 calendar years in seven major cities.

11 Jan 2018

Housing sales dip 6% in NCR due to RERA and GST

The RERA came into force from May 2017, while the GST was launched in July last year.

05 Oct 2017

Housing sales fall 35% in 8 cities; supply dips 83%

Housing sales stood at 22,699 units during third quarter of 2017 in eight major cities as against 34,809 units in the previous quarter.

11 Aug 2017

FDI in construction sector falls 59% to $1.9 billion

The real estate sector is facing demand slowdown in the last few years leading to fall in housing sales and new launches during 2016, delay in project execution and rise in debt of developers, the survey mentioned.

27 Jul 2017

Housing sales down 4% in April-June, prices stable

Housing sales fell marginally by 4 percent during April-June period at 53,352 units in the nine major cities of the country due to demand slowdown in the property market, according to a report by PropTiger.Com.

19 Apr 2017

Housing sales drop in top 8 cities to 28,131 units in January-March

Housing sales stood at 28,472 units during the October- December quarter in eight major cities-- Gurugram, Noida, Mumbai, Kolkata, Hyderabad, Bengaluru, Pune and Chennai.

real estate sentiment

23 Feb 2017

Realty sentiment hits 3-year low in Dec quarter on note ban: Report

The real estate sentiment fell to a three-year low in the October-December period, indicating pessimism among developers and financial institutions which reeled under the demonetisation pressure, says a report.

Business News 2016

30 Dec 2016

Builders pinning hopes on rate cuts for revival in 2017

Property market was the economy's underbelly this year and demonetisation towards the fag end only made it more isolated. But things might change in 2017 as builders are pinning their hopes on lower interest rate and transparency for the sector to come back to life.

25 Oct 2016

Housing sales grow 12% in July-September to 54,000 units in 9 cities

Housing sales gained traction by 12 percent during July-September to 54,721 units in nine major cities as against the year-ago period, according to a report by online real estate portal PropTiger.

26 Jun 2016

Housing sales decline 2.2% to 1.58 lakh units in FY16

Housing sales fell 2.2 percent to 1.58 lakh units in seven major cities last fiscal, but the market is expected to improve by next March on the back of lower interest rates and fall in prices, says a report.

28 Jan 2016

Housing sale down 4% in 8 cities in 2015; 6.9L units unsold

Housing sales fell by 4 percent to 2,63,720 units last year, lowest since 2010, in the eight major cities of the country on account of demand slowdown in the real estate market despite interest rate cut by the RBI.

28 Jul 2015

Over 7 lakh homes unsold in top 8 cities: Knight Frank

The national capital region (NCR) market had 1.9 lakh unsold homes as of June.

housing projects

03 Jun 2015

Housing sales improving; full recovery in next fiscal: CREDAI

Housing sales have started showing signs of improvement but full recovery is expected only in the next financial year, realtors' apex body CREDAI said Wednesday.

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