Page 16 - Housing
KKR to invest Rs 145 cr in Mantri Developers' project
This investment underscores the company's confidence in Bengaluru's real estate sector and economic prospects
 "KKR to invest Rs 145 cr in Mantri Developers' project")
US consumer prices post largest gain in three years; housing starts up
Rise in prices in April is likely to be welcomed by Fed officials who last month softened their language on inflation
 "US consumer prices post largest gain in three years; housing starts up")
Home prices hit roof but affordability also at its best: HDFC
Average property value of housing units has appreciated to an all-time high of over Rs 50 lakh this year
 "Home prices hit roof but affordability also at its best: HDFC")
Housing prices down 1% during March quarter in Delhi-NCR: 99acres
The report captures capital and rental price trends of the residential realty market on quarterly basis across seven major cities
 "Housing prices down 1% during March quarter in Delhi-NCR: 99acres")
Home sales dip 4% in March quarter on a quarterly basis
Sales in top nine cities fall to 51,000 units in March quarter of FY16, a report by PropTiger.com reveals
 "Home sales dip 4% in March quarter on a quarterly basis")
Housing shortfall for EWS, LIG segments at 95%: CSE Analysis
CSE said there is a shortfall of at least 18.6 million dwelling units in the country
 "Housing shortfall for EWS, LIG segments at 95%: CSE Analysis")
Govt nod for building of 80,000 houses for poor in 7 states
With the latest approval, the government has so far sanctioned a total of 5.07 lakh houses for EWS in 13 states
 "Govt nod for building of 80,000 houses for poor in 7 states")
NCR to take 4.3 years, while MMR to take 3.5 years to clear unsold homes
Usually, the time taken to clear inventories should not be more than 8-10 quarters