Latest news with #PrachiPisalMumbai
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Business Standard
3 days ago
- Business
- Business Standard
Lower home loan EMIs spark increased buyer interest amid repo rate cuts
House purchase affordability across the key Indian markets has improved in the first half of the calendar year 2025 (H1 CY25) Prachi Pisal Mumbai Listen to This Article Real estate developers across India's top markets are reporting a rise in buyer enquiries, as banks slash home loan rates in response to recent repo rate cuts. 'On the demand side, there has been a marked increase in enquiries from potential homebuyers, particularly in the mid-income segments (homes priced between ₹40 lakh and ₹1.5 crore),' said Niranjan Hiranandani, chairperson of Hiranandani group and of the National Real Estate Development Council, under the Ministry of Housing and Urban Affairs. Home purchase affordability improved across key Indian markets in the first half (H1) of calendar year (CY) 2025, after the Reserve Bank
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Business Standard
05-06-2025
- Business
- Business Standard
Cement firms volumes grow, but realisations decline in Q4 amid weak pricing
In Q4 FY25, pan-India cement prices stood at ₹362 per bag, down by 3 per cent year-on-year Prachi Pisal Mumbai Listen to This Article The top Indian cement companies reported healthy sales volume growth in the March quarter of FY25 but a decline in their realisations amid weak pricing. In Q4 FY25, pan-India cement prices stood at ₹362 per bag, down by 3 per cent year-on-year. Quarter-on-quarter, prices grew by 2 per cent. South India was hit the most with a 10 per cent decline in prices, according to Crisil Intelligence. Excluding Shree Cement (whose blended realisation remained flat year-on-year), UltraTech Cement, Ambuja Cements, JK Cement, Dalmia Bharat, Ramco Cements, and Birla Corp posted lower realisations on a year-on-year basis.
