Real Estate News

Real Estate News Timeline: Nov 27 - Dec 26, 2023 3 Real Estate Events * RBI’s decision to hold rate to boost housing demand: The Reserve Bank of India’s decision to keep the repo rate unchanged for the fifth time straight at 6.5 percent will boost housing demand

Real Estate News Timeline: November 20-26, 2023 3 Real Estate Events * Delhi RERA orders sub-registrars to stop registration of new properties violating building norms: The move is expected to curtail the unauthorized constructions of dwelling units far in excess of units sanctioned for a given space and plot size. In

Real Estate News Timeline: November 13-19, 2023 3 Real Estate Events * Navi Mumbai Metro line starts, among 5 infrastructure projects that will boost the real estate market: The five projects including Navi Mumbai Metro Line 1, Navi Mumbai International Airport, Mumbai Trans Harbour Link (MTHL) along with two other projects

Real Estate News Timeline: November 6-12, 2023 3 Real Estate Events * Affordable housing facilitators - A co-lending agreement was signed by the Shriram Housing Finance Limited (SHFL) and the Punjab & Sind Bank to provide loans to the affordable housing market. Source. * Greater Noida panel to resolve builder-buyer logjam now -

Real Estate News Timeline: October 30 - November 5, 2023 3 Real Estate Events * MHADA Pune lottery: More than 73,000 applications for apartments starting at Rs 5 lakh. The Maharashtra Housing and Area Development Authority (MHADA) Pune lottery received more than 73,000 applications for apartments starting at Rs

Real Estate News Timeline: October 23-29, 2023 3 Real Estate Events * SEBI introduces new regulations for REITs and fractional ownership platforms. The Securities and Exchange Board of India (SEBI) has introduced new regulations for Real Estate Investment Trusts (REITs) and fractional ownership platforms. The new regulations are aimed at protecting

Real Estate News Timeline: October 16-22, 2023 3 Real Estate Events * RBI keeps interest rates unchanged. This is the second consecutive meeting at which the RBI has kept interest rates unchanged. The decision is likely to support the real estate market, as it will make it cheaper to borrow money

Real Estate News Timeline: October 8-15, 2023 3 Real Estate Events 1. RBI raises interest rates by 50 basis points. This is the fourth consecutive rate hike by the RBI, and it is expected to have an impact on the real estate market. The higher interest rates will make it