Real Estate News Update for June 1
Dear Readers,
Welcome to the latest edition of ETRealty's daily newsletter, RealtyDigest! Through this especially curated newsletter, we aim to provide the latest real estate and allied industries' news, views, market trends, reports, video interviews and much more to help you navigate the world of real estate.
Subscribe and Stay Tuned for daily updates!
Residential
In FY23, for instance, the combined outstanding home loan portfolio of public sector and private banks and housing finance companies, which account for a big majority of the home loan market in the country was, Rs 3.62 lakh crore. But disbursements were much higher - at Rs 8.08 lakh crore.
Commercial
The property is located at Life Science Park in Electronic City. Bosch will be paying rental at a rate of approximately ?58 per sq ft with a binding agreement for five years with a hard option to extend by another five years, according to a lease registration document accessed by ET.
Industry
The move will take the Mumbai-based Suraksha Group a step closer to resuming construction on nine stalled projects of Wish Town in Noida and other locations and renew hopes for 20,000 buyers who invested in flats 15-20 years ago.
领英推荐
Regulatory
It was allege that Supreme Construction & Developer Pvt Ltd(SCDPL), a company controlled by Tekchandani and others, collected Rs. 400 Crore from several homebuyers in a housing project in Taloja, Navi Mumbai.
International
China has the equivalent of 60 million unsold apartments, which will take more than four years to sell without government aid, according to Bloomberg Economics.
This is a condensed version of?ETRealty?Newsletter! Get the full version by subscribing here!
www.etrealty.com is an online resource for the latest news, analysis, and insights on the Indian real estate market. Our website provides comprehensive coverage of the real estate sector, including residential and commercial properties, infrastructure developments, and regulatory updates.
Follow us here for more updates!
Twitter: https://twitter.com/Realty_ET
Facebook: https://www.facebook.com/ETRealty
Instagram: https://www.instagram.com/et.realty/