National Housing Bank (NHB) Residex, the residential housing price index figures from April to June this year, points out that Bhopal topped in residential prices, with an increase of 33.73 per cent followed by Faridabad 33.38 per cent, Kochi 24.30 per cent and Surat 16.60 percent.
In order to modernise the construction process in India, real estate developers are now relying on precast technology. As construction is one of the sectors that is expected to expand rapidly, India is among the crucial emerging markets for precast technology.
CW presents the fourth of a series of interviews with women who have made their mark in the building sector. For Mili Majumdar, ‘green’ is not just a buzzword - it’s a way of life. Indeed, it is her life.
National Housing Bank (NHB) on December 8 said it expects to disburse home loans of up to Rs 9,000 crore in the next six months to meet its annual disbursal target of Rs 17,000 crore by June next year.
The Union Budget 2013 - 2014 has encouraging announcements for the real estate sector. The notable measures undertaken by the Finance Minister on an additional deduction of Rs. 1 lakh for people taking a home loan on their first home shall encourage the first-time investors to invest in the sector.
We welcome the Government move to offer additional tax break of upto Rs. 1 lac for first time homebuyers. This will lead to a spurt in affordable housing for the low to mid range housing segment, especially in Tier 1 & 2 Cities.
The National Housing Bank (NHB) is looking forward to relaxations in external commercial borrowing norms for spurring housing finance companies, NHB Chairman and Managing Director RV Verma said. NHB is expecting to modify some of the features (with regard to ECBs), which are a little restrictive now, he added.
The Central Registry of Securitisation Asset Reconstruction & Security Interest of India (CERSAI) portal would be open to the public by mid-June, says RV Verma, Chairman and Managing Director of National Housing Bank (NHB), a shareholding bank in CERSAI. He says the portal would provide a seamless payment gateway system and enable checks on information related to the properties that would be transacted.
According to NHB Residex, released by the National Housing Bank (NHB), prices in Delhi rose by 3.59 per cent while in Mumbai and Bangalore it rose by 2.31 per cent and 2.83 per cent respectively during January-March period. The residential property prices in 12 Indian cities have risen during the January-March period with the maximum appreciation seen in Jaipur and Bhubneshwar at 28.74 per cent and 14.54 per cent respectively.