PNB Housing cautious on corporate finance disbursement, says MD Gupta

PNB Housing cautious on corporate finance disbursement, says MD Gupta

PNB Housing Finance on Thursday reported a 51 percent jump in its consolidated net profit to Rs 379.77 crore for the fourth quarter ended March 2019. Sanjaya Gupta, MD of PNB Housing Finance, spoke to CNBC-TV18 about the company’s financial performance....
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Tight liquidity pushes housing finance companies to take portfolio sell-down route

Tight liquidity pushes housing finance companies to take portfolio sell-down route

This is a golden opportunity for banks to increase their portfolio: ICRA Tight liquidity conditions since September 2018 has pushed housing finance companies (HFCs) to lower their disbursements and meet a sizable portion of their fund requirement through portf...
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Housing Sales Down 6% In NCR, Supply Falls 56%: Knight Frank

Housing Sales Down 6% In NCR, Supply Falls 56%: Knight Frank

The RERA came into force from May 2017, while the GST was launched in July New Delhi: Housing sales fell 6 per cent in Delhi-NCR last year, lowest since 2010, at 37,653 units while prices fell by 2 per cent due...
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ASK Property to invest Rs 1,000 cr in housing projects

ASK Property to invest Rs 1,000 cr in housing projects

Financial services firm ASK group will invest over Rs. 1,000 crore as private equity in housing projects this fiscal despite demand slowdown and uncertainty in the market after the new realty law came into effect. ASK group, which invested Rs. 700 crore in...
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20 of the best US housing markets for investing in real estate

20 of the best US housing markets for investing in real estate

If you’re looking to invest in real estate, location is paramount. HomeUnion , an online real estate investment management firm, has identified zip codes in 20 US metros where investors have seen the highest return on investment and minimal risk over...
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Real estate CEO: Record-low housing inventory is ‘freaking us out’

Real estate CEO: Record-low housing inventory is ‘freaking us out’

The number of homes for sale in America has been falling steadily for the past year, but the situation is apparently getting much worse as spring demand heats up. “The inventory is reaching historic lows. It’s never declined faster than...
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