REALTY NEWS

India Rating maintains negative outlook on real estate sector for FY21

Publication: MINT Date : 14 FEBRUARY 2020

Ratings agency says the ongoing liquidity crisis and weak consumer sentiment continue to hurt housing demand in major cities. The stimulus packages provided by the govt for the sector does not provide much hope, says the report

NIP may come to rescue: Low bank lending worsens fund woes of construction sector

Publication: FINANCIAL EXPRESS Date : 14 FEBRUARY 2020

Funding woes of the construction sector are likely to worsen as risk-averse lenders are reluctant to extend credit to players despite a growth in their order books. The increase in order book of construction companies is not backed by a corresponding increase in credit limits, said India Ratings.

India Ratings revises outlook for construction sector to negative for FY21

Publication: BUSINESS STANDARD Date : 14 FEBRUARY 2020

India Ratings has revised its outlook for the construction industry to negative for FY21 on the back of muted order inflows and subdued bank credit flow.

How the rise of Tier 2, Tier 3 cities is driving a realty rally

Publication: FINANCIAL EXPRESS Date : 14 FEBRUARY 2020

Over the decades, as metropolitan cities in India were flooded with migrants, the influx led to growing shortfalls in civic facilities. As the number of residents rose every year, living conditions gradually went from bad to worse.