MCHI bats for home-buyers as RBI jacks up repo rate

MUMBAI, July 26, 2011: Raising its concern for home buyers, Maharashtra Chamber of Housing Industry (MCHI), the voice of the real estate industry, has expressed the fear that the RBI move to increase the repo rate by a huge 50 bps will adversely impact the industry. While appreciating RBI for its

Credai-MCHI: Affordable houses supply increases 27%

By Accommodation Times Bureau MUMBAI: The scheme for ‘Affordable Housing for All’ increased by 27 percent with the help of   various initiatives taken by the government.  From 20,485 units it raised to 26,081 units across eight cities during January-September this year, a recent study said. Till September 2017, Mumbai witnessed the highest number

NAREDCO & CREDAI support RERA, urge developers to follow norms

  By Accommodation Times Bureau National Real Estate Development Council(NAREDCO) will not move court against the implementation of Real Estate Regulation and (Development) Act (RERA), even with regard to ongoing projects, as it helps build confidence among buyers, said its president Parveen Jain. Confederation of Real Estate Developers’ Association of India (CREDAI) has

What kind of impact will GST have on realty sector ?

 By Accommodation Times Bureau Home-buyers are keeping an eye, constantly, on the new development in the Goods and Service Tax as it counts to assess the market on the right time, as GST is ready to get implemented. Buyers need to take their decisions perfectly as the GST is going to