Latest News, Updates & Breaking Headlines
NEW DELHI: The supply-demand and price appreciation for luxury housing in India’s top seven cities has continued to outpace the same for affordable segment, according to property consultant ANAROCK. Luxury homes (costing over Rs 1.5 crore) in Delhi NCR, Mumbai MMR, Kolkata, Pune, Hyderabad and Chennai have risen 40% since 2022, while affordable housing is…
NOIDA: A schoolboy was injured on Wednesday after a cab drove over him inside the Ajnara Homes residential society in Greater Noida West.CCTV footage captured the child running towards the society’s school gate alongside his sister. Moments later, he loses his footing and falls to the ground. A cab approaching from behind fails to stop…
ED arrests Amit Katyal in Gurgaon housing ‘scam’ Earlier, in Nov 2023 he was arrested in the railways jobs-for-land scam in which Lalu, his wife, three daughters and son and former Bihar deputy CM Tejashwi Yadav are accused, facing bribery and money laundering charges. A third real estate project, Krishn Buildtech Pvt Ltd, in which…
KOLKATA: A woman received a bullet injury on Wednesday at an upscale residential complex in Howrah’s Shibpur area, police said.A woman identified as Poonam Yadav was injured after a bullet grazed her neck inside a residential complex near Shibpur police station.She was rushed to a private hospital in Kolkata, where she is currently undergoing treatment….
The 30-year US mortgage rate rose slightly for the second consecutive week but stayed close to its lowest level of the year.Freddie Mac, quoted by AP, reported on Thursday that the long-term mortgage rate increased to 6.24 per cent from 6.22 per cent the previous week. A year earlier, the rate stood at 6.78 per…
NEW DELHI: Delhi’s Real Estate Appellate Tribunal (REAT) has set aside a Rs 1 crore penalty imposed on the Delhi Development Authority by Real Estate Regulatory Authority (RERA) for failing to register a housing project. The relief came after DDA argued that the Rohini project was completed before the RERA for Delhi was established in…
The average long-term US mortgage rate rose slightly this week, snapping a four-week decline that had brought borrowing costs to their lowest level in over a year, AP reported.Mortgage buyer Freddie Mac said on Thursday that the average rate on a 30-year fixed mortgage ticked up to 6.22% from 6.17% a week earlier. A year…
NEW DELHI: The statistics ministry is proposing that the housing index compilation methodology be revised significantly as part of the base revision exercise of the consumer price index (CPI).As a part of CPI, housing constitutes a major component with an expenditure share of nearly 21.7% in urban areas and 10.1% at the all-India level in…
The average long-term US mortgage rate has fallen to its lowest level in more than a year, offering some relief to homebuyers and homeowners amid a prolonged housing slump.Mortgage buyer Freddie Mac said on Thursday that the average rate on a 30-year fixed mortgage dropped to 6.17% from 6.19% last week — its fourth consecutive…
CLSA has a high conviction outperform rating on Indus Tower with the target price at Rs 520. Analysts said the company’s July-Sept (Q2FY26) core revenue was up 11% on the year that was ahead of estimates. The company’s tenancy additions were 4,505, below estimates yet base was up 10% on the year. They also said…
