Experts have said that more than Rexit- a term used for Raghuram Rajan's exit as RBI Governor- Brexit, GST passage and monsoon progress will affect the stock markets sentiments.
It will be clear in coming days as who will replace Raghuram Rajan as RBI governor after September but any announcement on this will be weighed by the stock markets.
Hyderabad and Ahmedabad, which are suitably placed for better performance in FY17m, are among the major cities which largely remains affordable and have reasonable inventory overhang.
Hopes about passage of Goods and Services Tax (GST) Bill were rekindled after the indirect tax reform proposal got an overwhelming support at the meeting of the empowered committee (EC) of state finance ministers in Kolkata.
The BSE Sensex and NSE Nifty fell for the third straight session on Monday on renewed worries about the impact of Britain’s June 23 referendum ahead of US Fed meet.
The luxury housing segment within the realty sector has remained under pressure over the last few years. Experts predict a rebound in coming times when business confidence improves along with a revival in the economy.
In the recent past, there have been many steps and rulings that have brought in some hope for homebuyers and the shift has moved from developer-centric to consumer-centric.
The Delhi High Court’s June 3 ruling that flat buyers will not be subjected to service tax by a builder/promoter/developer for acquiring a flat in a complex, which is under construction or development may prompt homebuyers
RBI monetary policy: The real estate sector has expressed disappointment over Reserve Bank of India Governor Raghuram Rajan’s decision not to cut the repo rate.
RBI monetary policy review: Housing sector is expecting a 25 basis rate cut will boost the sluggish realty sector and create renewed interest in home buying.
In an investor friendly move, the Securities and Exchange Board of India (Sebi) this week directed set of rules on circumstances under which asset management companies can restrict redemption and such moves should be immediat
2 years of Modi government: In the recent past, the passing of the long-pending Real Estate Regulatory Bill was seen as a great victory for the Indian real estate sector and has got a thumbs up from almost all the experts.
Urban Development Minister Venkaiah Naidu while releasing the list of 13 new cities said the initiative will involve an announcement of Rs 80,789 crore.
Prospective buyers can still opt to invest in delayed projects provided there is a renewed visibility in terms of achieving revised timelines because of a fresh source of funding, change in management, etc.
India's realty sector, especially residential sector, which has been witnessing slowdown since last couple of years is set to rebound from October onwards on overall economic scenario.
Affordable housing units witnessed declined 36 per cent in first quarter of 2016 in comparison to first quarter of 2014 as realty developers focused on attracting buyers with smaller sizes.
The NCDRC has directed Jaypee Group to give the possession of the homes to Kalypso Court buyers within three months (by July 21), or pay Rs 5,000 per flat per day if projects are not delivered in 90 days.
Experts say that hike in the floor space index, if implemented, may lead to a softening of prices for an unaffordable market like Mumbai by creation of more housing.
Bengaluru real estate: Due to good market drivers - IT/ITes sector- which ensures strong macro-economic dynamics, most home buyers find Bengaluru a perfect place to settle and retire.
The year 2016 may bring in cheer for India's realty retail sector with PE investment into retail properties expected to be in the range of $75-80 mn as compared to $39 mn in 2015.
The Organization of the Petroleum Exporting Countries said in its April monthly report that oil prices rose more than 20 per cent in March, continuing a slow recovery from the huge drop of 2014-15.
Financial advisors and home loan providers feel it may be wise to go ahead and seal the deal instead of waiting, unless you are planning to go in for a fixed rate loan.
It is not just the home-buyers who are increasingly getting attracted towards Noida and Greater Noida. Big business houses, start-ups and even PSU's are building permanent base in Noida, adding value to the region.