Steel exports rise 53% on govt measures in April-December 2017
Global trends of steel prices along with steps taken by the government led to a rise in steel exports by 52.9% during April–December 2017, the Economic Survey notes

India’s crude steel output hits record 100 million tonnes in 2017
India’s crude steel production rose nearly 6% to hit an all-time high of 101.28 million tonnes (MT) in 2017

Home sales drop to seven-year low in 2017: report
Volumes down 7% year-on-year at 228,072 houses sold, a decline of 38% from peak of 368,568 in 2011

GST on affordable and low-cost housing units lowered
Now GST would be charged at 8% on the total value of under-construction properties, which would be 4 percentage points less than the earlier effective rate of 12%

Real estate developers shift focus to plotted land development projects
Prospects of quick monetization of land, faster sales and better cash flow generation lead real estate developers to sell plots instead of building apartments

Corporate developers look to make the most of RERA regime
Stringent rules under RERA, are forcing unbranded and debt-ridden realtors to forge alliances with large, deep-pocketed corporate developers

Steel ministry seeks abolition of coking coal import tax
Steel ministry seeks to remove import tax on coking coal to soften the impact of rising costs on steel-making fuel and promote production of the alloy that’s crucial for boosting domestic manufacturing

New launches in real estate at their lowest level since 2005
New projects in the real estate sector have dried up owing to the triple whammy of demonetisation, GST and RERA

Private equity, debt investments in real estate jumped 12% in 2017
Private equity and debt investments in real estate grew to $4.18 billion across 79 transactions in 2017, compared to $3.73 billion across 138 deals in 2016

Coal price hike to impact secondary steel makers, says ICRA
The recent hike in coal price and railway freight rate hikes is expected to increase the cost of steel production by Rs150-500/MT for a secondary steel producer, ICRA says

Secondary steel makers demand removal of import duty on scrap
All India Induction Furnaces Association (AIIFA) urges the government to remove 2.5% import duty on steel melting scrap in the upcoming budget

Backed by NRI demand, some realty firms stick to luxury projects
Some developers based in Mumbai, NCR, Bengaluru and Pune are focusing on luxury projects while the majority stick to affordable homes

SBI to raise Rs. 20,000 crores for affordable housing, infrastructure projects
SBI says its board has approved a plan to raise Rs. 20,000 crores for financing affordable housing and infrastructure projects through long-term bonds

Former JLL executive sets up real estate investment banking firm
Former JLL executive Shobhit Agarwal launches ANB Capital Advisors Pvt. Ltd, an investment banking firm focused on the real estate sector

Real estate developers embrace technology to woo millennials

India ranks 3rd for LEED buildings

RBI’s housing price index dips marginally

Govt amends housing scheme guidelines

TN property prices expected to rise by 10%, says CREDAI

Realty sector seeks sops for homebuyers

Builders’ association seeks steps to bolster sector

Developers, PE firms bet big on retail real estate

Realty sector eligible for 100% FDI via automatic route

Budget expectations: Housing for All

Cement demand is likely to grow by 2% in FY2018: ICRA

Affordable housing to drive realty in 2018

Madhya Pradesh govt to provide housing for homeless families: Governor

Ready-to-move in properties preferred choice for Indians: Report

Ensure houses for the poor have entire package of benefits: PM to officials

TNRERA releases list of ongoing building projects in Chennai ‘not meant for sale’

 New home launches down 12% in Oct-Dec in top 9 cities: Report

 130 km of roads constructed every day under PMGSY: Government

Government policy, global prices led to rise in steel export: Economic Survey

Steel makers misusing protectionist measures: EEPC India

Finished steel exports surge 29% in Dec; imports fall 26%