Page 5 - Housing

Ravi Infrabuild files papers with Sebi to raise Rs 1,100 cr through IPO

Udaipur-based company will use proceeds to invest in subsidiaries and repay borrowings

India's co-living sector to see 1 mn beds by 2030, says Colliers India

India's co-living inventory to grow from 300,000 to 1 million beds by 2030 amid rising demand from migrants and students as market size nears Rs 200 billion

India sees debut listing of residential mortgage-backed securities

The funds would be raised across seven to 10 transactions over the year, National Housing Bank Managing Director Sanjay Shukla said

Infra boost, lower repo rates, ready units aid market recovery: CREDAI

The residential real estate market in the city and its neighbourhood has commenced 2025 on a positive note with a strong recovery and increasing buyer confidence, a report by the industry body CREDAI said. Sharp growth in registrations, steady sales of the residential units and a resilient housing market has emerged in the January-March 2025 period, the study prepared by the Confederation of Real Estate Developers' Associations of India (CREDAI), Chennai said on Sunday. Projects nearing completion or ready-to-occupy continued to be the preferred choice among buyers, it said. The recent reduction in the repo rate by the Reserve Bank of India and the Central government's revised income tax slabs has further supported buyer sentiment, particularly among first time buyers, the report said. Sales of residential units grew 7 per cent quarter on quarter to 3,783 units during the three month period while it was 27 per cent growth year-on-year. Southern suburbs accounted for the majority of

Rajasthan approves new affordable housing schemes across districts

An RHB official said these schemes will be launched in various districts, including Jaipur, Udaipur, Barmer, Kota and Hanumangarh

PNB Housing Finance eyes retail book of Rs 1 trillion by FY27: MD & CEO

Roshni is a product of PNB Housing Finance which promotes affordable housing, especially among first-time buyers

India's options amid uncertainty: Equity, skilling, and housing support

To exploit the opportunities from current crisis, a two-pronged strategy can be conceived - restructuring trade partnerships and developing a strategic industrial policy to benefit from these part

Delhi NCR residential property prices up 81% in five years: Report

Greater Noida, Noida recorded over 90% price appreciation after pandemic as unsold stock drops

Assetz to launch 6.5 mn sqft in FY26, secures Rs 15,000 cr housing GDV

Since its inception in 2006, Assetz has delivered 20 residential and commercial projects, spanning approximately 15 million square feet

Housing sales down 19% on high prices; supply drops 10% in 8 cities

Housing sales declined 19 per cent annually in January-March across eight major cities to 98,095 units on high prices and lower launches, according to PropTiger. Real estate consultant PropTiger, which is part of REA India that also owns Housing.com, on Wednesday noted that rising property prices and slowing growth forced buyers to exercise caution. In its report 'Real Insight', PropTiger also mentioned that new supply dropped 10 per cent in the first quarter of the calendar year, as developers adjusted with the market situation. "The huge spike in prices had already started to show its adverse impact on sales. With a global trade war now bringing new uncertainty, it is only natural for buyers to adopt a cautious approach to investment, particularly in something so big as real estate," said Dhruv Agarwala, Group Chief Executive Officer, Housing.com and PropTiger. As per the PropTiger data, housing sales in Ahmedabad fell 17 per cent to 10,730 units in January-March from 12,915 unit

Rustomjee Group unveils 35,000 sft labour housing for 500 workers

The facility, which will be a permanent fixture for the township that will come up over the years, is designed to accommodate 500 workers across 84 rooms, each measuring 10 feet by 10 feet

Arkade Developers gets redevelopment project in MMR with Rs 865 cr GDV

The project spans 7,084 square metres of area and is expected to deliver a projected saleable carpet area of approximately 2.44 lakh square feet (sq ft)

State-run banks can do more for affordable housing: IMGC MD & CEO

Price appreciation matters if the property is being viewed as an investment

Raymond signs joint venture for ₹5,000 crore residential project in Mumbai

With this latest addition, the gross development value of Raymond's real estate projects is set to approach ₹40,000 crore

Mhada allocates Rs 2,800 crore for redevelopment of Mumbai's BDD chawls

Mhada is in charge of the BDD Chawl Redevelopment Project as a nodal agency and planning authority

'A lot of changes will prevail in our lives': PM Awas Yojna beneficiaries

Earlier in the day, Prime Minister Narendra Modi launched a series of development projects worth over Rs 33,700 crore in Chhattisgarh's Bilaspur

Australia to go to polls on May 3, inflation, housing shortage major issues

Australians will go to the polls on May 3 for general elections with high costs of living and a shortage of housing likely weighing against the government as Prime Minister Anthony Albanese's centre-left Labour Party seeks a second three-year term. Albanese drove to Governor-General Sam Mostyn's official residence on Friday to trigger the election and announced the date later at a news conference at Parliament House. "Over the last few years, the world has thrown a lot at Australia. In uncertain times, we cannot decide the challenges that we will face, but we can determine how we respond," Albanese said. "Our government has chosen to face global challenges the Australian way: helping people under cost-of-living while building for the future," he added. Many expect opposition leader Peter Dutton's conservative coalition to pick up seats in the House of Representatives. An Australian government has not been ousted after a single term since 1931, when the nation was grappling with th

Primus launches B'luru's 1st multi-generational community 'Primus Sangama'

A multi-generational community is typically designed for children, adults, and seniors to coexist while maintaining independent lifestyles

Real estate major DLF eyes Rs 74k cr in sales from new housing projects

Realty major targeting luxury housing market with products totalling 26 million square feet in pipeline

Mumbai's Worli sees ultra-luxury deals worth Rs 4,862 cr in 2 yrs: Anarock

The locality had a total housing supply of 4,600 units till 2024, with an average price of Rs 75,000 per square foot