According to CareEdge Ratings, gross bank credit offtake showed a year-on-year increase of 20.2 per cent in March 2024, attributed largely to the merger between HDFC Bank and HDFC
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Absorption more than doubled within a year in Chennai and Mumbai, increasing by 51 per cent in Hyderabad. All the other cities witnessed a decline over the same period a year earlier
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Dearth of capital imposes certain limitations on real estate sector which troubles the developers and compels them to procure funds at high rates
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Niranjan Hiranandani, Chairman Naredco says, that in a developed country like the USA, the rental housing policy is so successful that 50 per cent of its populace prefers to live in such utilities
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The Minister of State for Housing and Urban Affairs, Kaushal Kishore share that builders tend to quote around 15 per cent less than the actual amount during the tender process
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