A simple act like reducing stand duty could be a strong enabler for home buyers returning to the market and keeping the cash inflows of the real estate sector intact

According to PropEquity's report, barring Noida, all other eight major cities-Gurugram, Chennai, Hyderabad, Bengaluru, Mumbai, Thane, Pune, and Kolkata, saw a dip in sales

Budget 2020: Foremost demand of investors is a rollback of long-term capital gains tax. LTCG tax or long-term capital gains tax was introduced in Union Budget 2018-2019 to bring marginal revenue gain of Rs 20,000 crore in the first year. However, the move backfired as the investor sentiment dwindled

New launches declined in Western Indian cities too, but are less drastic compared to NCR. Mumbai and Thane dropped 58 per cent each versus the previous quarter while Pune slumped 46 per cent

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A new report by PropEquity stated that sales of housing units fell 10 per cent across India's top nine cities to 52,885 units in the third quarter of 2019 versus the year-ago quarter

FM says Centre is working very closely with RBI to tweak existing norms to help people who are affected by slum in realty sector

The slowdown in housing sales is largely due to fewer new launches, lack of buyer confidence in older under construction projects and liquidity crunch in the market

Chennai saw the maximum fall of 25 per cent in housing sales at 3,060 units during July-September 2019

In the fund, Rs 10,000 crore will be contributed by the central government and roughly the same amount will come from outside investors.

Indian real estate developers are in distress already; they are unlikely to venture beyond key cities

As people's preference moves towards renting over owning, the already tepid housing market may see a further dip with the implementation of the proposed Model Tenancy Act

Over 50 per cent of the developers that existed in India's top nine cities in 2011/12 exited the market by 2017/18, PropEquity states.

Data analytics firm PropEquity said sales saw a 5 per cent rise at 56,146 units during January-March 2019 over the year-ago quarter in the nine major cities

New launches of housing units increased by three per cent to 42,504 units across India's top nine cities in the first quarter of 2019 versus the previous quarter

Generally, DDA housing schemes get a lot of attention from investors and homebuyers, but the interest has been waning.