Sales during the quarter were 1,05,791 units; only Bengaluru and the National Capital Region defied the downtrend with a 10% increase. Source link
DLF to invest ₹20,000 cr to complete ongoing housing projects; eyes ₹43k cr surplus cash – CNBC TV18
Real estate major DLF Ltd will invest around ₹20,000 crore over the next few years to complete the construction of its already launched residential projects. DLF will generate around ₹43,000 crore of total surplus cash potential from the launched projects. In a corporate presentation uploaded on stock exchanges’ website on Friday, DLF shared the growth […]
Mihir Vora sees this sector leading the next market rally – CNBC TV18
Mihir Vora, CIO of Trust Mutual Fund, believes financial stocks will drive the next phase of market growth. He sees strong fundamentals supporting the sector, with banks and non-banking financial companies (NBFCs) benefiting from a potential rate-cut cycle. “Financials are well-placed to lead as credit growth remains healthy,” Vora noted. In contrast, he pointed out […]
Budget 2025: FM Sitharaman gives tax relief for second self-occupied house – CNBC TV18
Finance Minister Nirmala Sitharaman on Saturday, February 1, relaxed the conditions for tax relief on a second self-occupied house. Previously, only one property could be valued as Nil, meaning it was exempt from tax, while the second property was taxed based on its market value. The new proposal allows both properties to be valued as Nil, […]
Colliers India’s Ravi Shankar Singh believes there’s no ‘wrong time’ to invest in real estate – CNBC TV18
Ravi Shankar Singh, Managing Director at Colliers India, advises prospective buyers to move forward with their purchase plans as there is no “wrong time” to invest in property. Singh noted that the real estate market has experienced significant price increases over the past three years, and he believes these elevated prices are likely to remain […]
Budget 2025 proposals: Reforms in home loan deductions and real estate development – CNBC TV18
The Union Budget 2025 is expected to unveil measures that could influence the home loan and real estate sectors. Industry leaders are optimistic about reforms that would address long-standing challenges while fostering growth and affordability. Here’s a closer look at the expectations and insights shared by industry experts. Increasing tax deductions on home loans One […]
Home loan market in 2024: Stability prevails, but will rates drop in 2025? – CNBC TV18
The home loan market has proven its resilience in 2024. The demand for home loans remained robust, supported by government schemes, monetary policies, and changing buyer preferences. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% Axis Nifty […]
Pune property registrations drop 11% in November 2024: Report – CNBC TV18
Registration of properties in Pune fell 11% year-on-year in November to 13,371 units despite strong demand, according to Knight Frank India. In a statement on Saturday, (December 14) real estate consultant Knight Frank India said Pune recorded 13,371 property registrations in November 2024, generating ₹475 crore in revenue for the state exchequer. As many as […]
‘Why The Heck Not?’: DLF’s KP Singh on success, life, and shaping an industry – CNBC TV18
Age may be just a number, but for KP Singh, Founder of DLF, it’s also a testament to a life lived on his own terms. At 95, Singh is a living embodiment of the idea that age is merely a state of mind. With a legacy that has shaped India’s real estate landscape and significantly […]
Festive season fuels real estate demand in India: Is it the right time to invest? – CNBC TV18
As the festive season rolls in, India’s real estate market sees a significant uptick in activity. Both residential and commercial real estate sectors experience heightened demand, driven by cultural significance and a suite of offers from developers and banks alike. This period, traditionally viewed as auspicious, witnesses a surge in homebuyers and investors looking to […]