Union Budget 2016: Prime Minister Narendra Modi's pet project 'Affordable housing for all' remained the key focus of Finance Minister Arun Jaitley's Union Budget speech in Parliament.
Rail Budget 2016-17: In a welcome move, Suresh Prabhu said baby foods, hot milk and hot water would be made available on stations. Changing boards for babies would also be a feature in train toilets.
Realty experts hope that Finance Minister Arun Jaitley through his Union Budget announcements on Feb 29 may bring in cheer for both home buyers and developers.
"The real estate sector is facing a slump at macro-level. However, there is nothing wrong in the housing sector. The prices are stable, the choices are wide", says Sanjaya Gupta
With more and more middle-aged professionals opting to retire early in their career to explore personal interests, demand for state-of-the-art retirement homes is fast gaining momentum.
The JLL India report lists Hyderabad, Pune, Jaipur, and Surat among the 10 affordable property markets in the country where flats can be bought within the budget of Rs 30-50 lakh.
Realty experts believe that the year 2016 will begin on a positive note for the sector and may witness a pick up in sales with an improvement in the number of unsold inventories.
Despite the real estate sector going through a rough patch for almost an year, it still makes sense to invest in properties which promise a long-term return.
Loans have become cheaper after the Reserve Bank of India(RBI), in a surprise move, on Tuesday cut interest rate by basis points from 7.25 per cent to 6.75 per cent with immediate effect.
The JLL study that covered projects within Mumbai's municipal limits said that 83 per cent of the housing units launched in the second quarter of 2015 were worth over Rs 1 crore.