10TH JULY 2019

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MCHI-CREDAI

AFFORDABLE HOUSING NEWS

     

Affordable housing: New launches see 20% drop in April-June

Publication: FINANCIAL EXPRESS Date : 10 JULY 2019
Despite high demand for affordable houses across major cities like Delhi-NCR, Mumbai and Bengaluru, the launch of new affordable housing units witnessed a steep 20% drop quarter-on-quarter (q-o-q) in the April-June calendar period.
     

Modi govt’s affordable housing push propels sales in H1 2019, says report; check Delhi-NCR numbers

Publication: FINANCIAL EXPRESS Date : 10 JULY 2019
Driven by a rise in demand for affordable homes, sales of houses have seen a rise in demand for affordable housing pushing up total sales in the first half of 2019, a report said.
     

Mumbai: Affordable homes drive realty market in H1 2019

Publication: DNA Date : 10 JULY 2019
The city's realty market has witnessed a growth both in terms of new units launches and in sales volumes, mostly driven by affordable housing, concentrated in the peripheral locations in the January–June 2019 (H1 2019).

CITY NEWS

     

The big data of real estate

Publication: DNA Date : 09 JULY 2019
BKC is finally outshining south Mumbai’s Nariman Point and Lower Parel in terms of top-dollar deals
     

Residential property prices dip in Mumbai, Chennai and Kolkata in H1

Publication: BUSINESS STANDARD Date : 10 JULY 2019
The ongoing liquidity issues plaguing the financial sector, especially the non-bank finance companies (NBFCs) cast their shadow on the real estate segment as well in the first half of calendar year 2019 (H1CY19).
     

Luxury realty braces for impact from higher taxes on ultra-rich

Publication: MINT Date : 09 JULY 2019
Developers are concerned that the tax rate increase may lead to buyers holding back on buying luxury homes The cocktail of tax increases, glut in supply and the crackdown on illicit money means that developers’ long wait for a rebound in sales will continue
     

Mumbai’s residential property prices sink for the third year

Publication: BUSINESS LINE Date : 10 JULY 2019
Home prices in country’s financial capital, Mumbai dropped for the third straight year as apartment buyers deferred purchases amid an economic slowdown, general elections and a shadow banking crisis in the country.

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