HOMEBUYER
Over 5,000 homebuyers may benefit as Noida allows co-developers in stalled projects
The Noida Authority has approved co-developers for five stalled projects, benefiting over 5,000 homebuyers, contingent on legal case withdrawals and 25% dues payment. Apex Group will revive 16 Supertech projects, clearing significant debts to banks and authorities. This initiative, guided by the Amitabh Kant Committee policy, aims to address the massive number of stalled units in the region.
Best men's track pants under 500 for everyday comfort and style
If you are looking for the best men's track pants under 500, this is the collection for you. Explore high-quality options that are comfort-focused with style and value added. Whether you need track pants for daily wear (cotton) or training track pants for fitness, this collection has the best mid-rise length options with practicality included (like pockets or drawstrings). In these budget-friendly track pants, you can practically style, be comfortable all day for workouts, or relax at weekends.
SC rules homebuyers cannot claim home loan interest reimbursement from developers for project delays
The Supreme Court has ruled that homebuyers cannot recover home loan interest from developers for project delays, limiting refunds to the principal amount and contractually agreed compensation. The court emphasized that developers are not responsible for how buyers finance their purchases. Additional damages beyond the contract are only permissible in exceptional circumstances, ensuring compensation aligns with the agreed terms.
At 79% Bengaluru house prices rose the most in five years, check the property price rise in these 7 major cities
Bengaluru's housing market has seen a remarkable surge, with prices soaring by 79% in the last five years, surpassing all other major Indian metropolitan cities. This growth is fueled by the city's thriving IT sector and high concentration of tech professionals. In contrast, Hyderabad witnessed a significant increase in unsold housing units despite a rise in per square feet prices.
JM Financial gets 142,000 sq ft Mumbai office space through CIRP resolution
JM Financial Products has acquired 142,000 sq ft of office space in a Mulund high-rise as part of a bankruptcy-linked settlement involving Ariisto Realty. The Rs 150 crore property transfer, structured through the insolvency resolution process, marks a strategic addition to JM’s portfolio and reflects evolving real estate debt settlements.
- Go To Page 1
How Godrej Properties, DLF and other real estate majors sold homes worth Rs 1.62 lakh crore in FY25
India’s top 26 listed real estate developers sold homes worth Rs 1.62 lakh crore in FY25, up over 20% from last year, as trust and brand equity drove a surge in residential sales. Godrej Properties led with Rs 29,444 crore in pre-sales, followed by DLF and Lodha Group, amid a clear shift towards established players and premium housing.
Crorepati house! EMIs on Rs 1 crore home loan may drop to Rs 68,000 after RBI’s 50 bps rate cut
The Reserve Bank of India's significant 50 bps repo rate cut to 5.5% in June 2025 is poised to boost India's housing market by lowering home loan EMIs. This move, coupled with a CRR reduction, injects liquidity into the banking system, potentially making homeownership more accessible, especially in the affordable and mid-income segments and Tier 2 & 3 cities.
Amid sky-rocketing prices, can you get affordable homes under $300K in US cities? Check details
Despite rising home prices, numerous U.S. cities, mainly in the South and Midwest, offer homes under $300,000. Cities like Detroit, St. Louis, and Memphis provide affordable options with metropolitan amenities. While affordability remains a challenge, especially on the East Coast, opportunities exist in cities like Philadelphia and Baltimore for budget-conscious buyers.
Thanks, Mr Sanjay Malhotra for giving wings to investors' dreams
The Reserve Bank of India has reduced rates. This is the steepest cut since March 2020. Property and auto loan rates are expected to fall. The Nifty Realty index has already surged. Experts believe this will boost home affordability. It will also increase demand, especially in smaller cities. Developers are optimistic about increased home buying activity.
Bank, NBFC stocks cheer RBI’s 50 bps bonanza, but are rate cuts delivering?
RBI MPC Impact: Banking and NBFC stocks rallied as the RBI delivered a 50 bps repo rate cut, lifting Nifty Bank to a record high. The move brings the total rate cut to 100 bps, lowering the repo rate to 5.5%. Experts see this as a shift to a more balanced policy stance, boosting credit demand and liquidity.
RBI MPC impact: DLF shares jump 7% amid euphoria in realty stocks
DLF shares surged 7% on Monday, hitting Rs 882.80, as real estate stocks rallied after the RBI slashed the repo rate by 50 bps to 5.5%. The Nifty Realty index jumped 4.6%, with most constituents in the green. DLF also reported a 39% YoY rise in Q4 net profit to Rs 1,282 crore, backed by strong revenue growth.
RBI’s surprise 50 bps rate cut seen reviving real estate demand. Here's what it means for property investors
In a move expected to unlock a fresh wave of housing demand, the Reserve Bank of India on Friday slashed the repo rate by 50 basis points to 5.5%, marking the third straight rate cut under Governor Sanjay Malhotra.
RBI rate cut to improve sales of affordable, mid-income housing properties: CREDAI
CREDAI lauded the RBI's decision to cut the repo rate by 50 basis points, viewing it as a bold move to stimulate domestic demand and boost residential property sales. The rate cut is expected to improve consumer sentiment, particularly benefiting the mid-income and affordable housing segments.
Realtors' bodies Credai, Naredco expect at least 25 bps cut in repo rate to boost housing demand
Real estate bodies CREDAI and Naredco anticipate a repo rate reduction by the RBI, expecting it to stimulate housing demand. They highlight that previous rate cuts have already boosted housing loan growth. Industry leaders believe a further rate cut would enhance affordability, encourage homebuyers, and spur overall economic growth by positively impacting linked sectors.
County group to invest Rs 1,800 crore in Ghaziabad project
County Group has acquired 13.3 acres in Wave City, Ghaziabad, for Rs 400 crore, anticipating Rs 1,800 crore in revenue from 'Jade County'. This project will feature 1,000 residential units across nine high-rise towers, with delivery slated to begin in 2030. The development will also include a clubhouse and commercial complex, enhancing premium living in the well-connected region.
Delayed construction in non-RERA complaint project: Homebuyers to get refund with 11% interest from builder as per Telangana RERA order
A Hyderabad builder, lacking RERA registration, allegedly misused funds from 62 homebuyers by diverting them to other projects, leading to significant construction delays while homebuyers were paying the home loan EMI. Telangana RERA intervened, finding the project only 20% complete after three years and ordering the builder to refund the homebuyers with 11% interest due to Section 3 & 4 violations and lack of commitment. Read more.
Mumbai property stamp duty collection hits May record high led by luxury sales
Mumbai's property market continues its strong performance, achieving record stamp duty collection in May, exceeding Rs 1,062 crore. This growth is fueled by robust sales and sustained homebuyer demand, despite rising property prices and increased ready reckoner rates. Registrations exceeded 11,565 deals, driven by high-value properties and residential demand.
RBI expected to deliver 3rd consecutive rate cut of 25 bps on Friday, say experts
The Reserve Bank of India (RBI) is anticipated to cut the repo rate by 25 basis points for the third consecutive time, aiming to stimulate growth amid global economic uncertainties. With inflation remaining below the 4% target, the Monetary Policy Committee (MPC) is expected to ease monetary policy.
Will your mortgage get cheaper? Bank of Canada may cut interest rates soon
Canada's central bank may reduce interest rates soon. The announcement is expected on June 5, 2025. This could lower mortgage payments and ease credit access. Experts believe this will provide relief to households. Desjardins economists see a slowing economy. Capital Economics anticipates multiple rate cuts. Royal Bank of Canada is more cautious. All eyes are on the central bank's decision.
Indian residential real estate hits new highs with record-breaking apartment deals in Mumbai
India's residential real estate market is experiencing unprecedented growth, marked by record-breaking deal sizes and per-square-foot prices. Fueled by strong demand, limited supply in key areas, and increased purchasing power, luxury and premium segments in major cities are reaching new price heights, reflecting sustained end-user interest and developer confidence.
Will a potential recession in US provide discounted opportunities to home buyers? Check details
Amidst concerns of a potential US recession in 2025, experts are analyzing its possible effects on the housing market. While some anticipate lower prices and mortgage rates, creating opportunities for buyers, others worry about financial instability for homeowners. The impact remains uncertain, hinging on factors like Federal Reserve policies and trade dynamics.
PM Modi reviews Rs 62,000 crore infra projects, urges timely completion in PRAGATI meeting
Prime Minister Modi chaired a PRAGATI meeting, reviewing infrastructure projects worth over Rs 62,000 crore across road transport, power, and water resources. He emphasized timely completion to avoid cost overruns and ensure citizens receive essential services. The meeting also addressed RERA-related grievances, stressing the need for improved redressal and mandatory project registration to protect homebuyers.
Strict compliance with RERA provisions critical for restoring trust in housing market: PM Modi
Prime Minister Narendra Modi reviewed infrastructure projects worth over Rs 62,000 crore. He stressed RERA compliance for housing market trust. Modi urged states to register real estate projects under RERA. He highlighted the impact of project delays on costs and services. He called for efficiency and accountability. PRAGATI meetings have reviewed 373 projects worth Rs 20.64 lakh crore so far.
Want to buy a Rock the Block season 6 home? All properties to hit the market in Utah this month
The luxury homes from HGTV's Rock the Block Season 6 are going up for sale in Grantsville, Utah. Built by Hamlet Homes, these one-of-a-kind properties will be available after a special Block Party event on May 30 and 31. Each home sits on a one-acre lot with 360-degree views
Southern Peripheral Road in Gurgaon emerges as the region’s most active micro-market for real estate projects
Gurgaon's Southern Peripheral Road is a real estate hotspot. Projects worth Rs 50,000 crore launched since 2022. Another Rs 50,000 crore are in the pipeline. Property prices have increased sharply. Improved infrastructure drives demand. Developers are launching new projects. The area attracts strong investor interest. Connectivity enhancements will further fuel demand.
ED seizes Rs 1.70-cr cash, documents in raids against Jaypee Infratech Ltd, others
The Enforcement Directorate has seized Rs 1.70 crore and property documents during raids related to Jaypee Infratech and Jayprakash Associates. The searches occurred in Delhi, Noida, Ghaziabad, and Mumbai. Gaursons India, Gulshan Homz and Mahagun Real Estate were also searched. The case involves alleged fraud against homebuyers. FIRs were filed by Delhi and Uttar Pradesh police.
RERA impact: Homebuyer to get Rs 65 lakh compensation for delay of over 9 years in possession of a home in Delhi NCR
A Gurgaon (Delhi NCR) homebuyer's nine-year wait for their property ended with a RERA order compelling the builder to pay Rs 65 lakh due to extensive delays. The builder's cited reasons, including Covid-19 and regulatory issues, were dismissed. This ruling reinforces RERA's commitment to protecting homebuyers' rights and ensuring builders adhere to agreed timelines, setting a precedent for similar cases. Read below to know the impact for homebuyers.
ED searches premises of Jaypee Infratech, Gaursons, and others in Rs 12,000 crore fraud case
ED has raided 15 locations in Delhi-NCR, Mumbai in Rs 12,000 crore Jaypee Infratech fraud case. Probe targets fund diversion affecting homebuyers and investors linked to Jaypee, Gaursons, Gulshan, Mahagun, Suraksha Realty.
Load More
