Housing sales likely to fall 21% in Oct-Dec quarter
The New Indian Express Thrissur|December 22, 2024
IN a not so positive development for the real estate sector, housing supply in top 9 cities is expected to decline 33% and housing sales to come down by 21% in the October-December period of CY2024 (Q4CY24), said real estate consultancy firm PropEquity on Saturday.
ENS ECONOMIC BUREAU @ New Delhi

Housing sales declined to 108,261 units in Q4CY24 as against 137,225 units in the same period last year. However, sales rose 5% in Q4CY24 from 103,213 units in Q3CY24 (July-September).

Housing supply fell to 85,765 units in Q4CY24 as against 127,936 units in the same period last year. However, supply rose 7% in Q4CY24 from 80,284 units in Q3CY24.

The top nine cities include Bengaluru, Hyderabad, Chennai, Kolkata, Pune, Thane, Navi Mumbai, Mumbai and Delhi-NCR. Only Delhi-NCR bucked the national trend.

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The New Indian Express Thrissur

Three-star Blasters down Mohammedan

KERALA Blasters FC players delighted the home crowd to record a dominant 3-0 win over Mohammedan SC in the Indian Super League at the Jawaharlal Nehru Stadium here on Sunday.

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1 min  |
December 23, 2024
The New Indian Express Thrissur

Man Utd humiliated, Chelsea held

MANCHESTER UNITED crashed to a humiliating 3-0 home defeat to Bournemouth in the Premier League on Sunday as Ruben Amorim lost for the fourth time in his nine games in charge of the troubled Old Trafford club while Chelsea were held to a goalless draw at Everton.

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1 min  |
December 23, 2024
The New Indian Express Thrissur

The making of fast bowler Boland: Cult hero of MCG

ON a hot Saturday afternoon at the AH Butler Oval, Frankston Peninsula Cricket Club was playing against Camberwell Magpies Cricket Club in the local game on the outskirts of Melbourne.

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3 mins  |
December 23, 2024
The New Indian Express Thrissur

IS ALGORITHMIC TRADING FOR YOU?

TECHNOLOGY should expand the scope of human skills. There are things that you can do yourself using your skills. You can use technology to support your skills and create something even more potent than before.

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2 mins  |
December 23, 2024
The New Indian Express Thrissur

SC judgment nullified; GST Council fixes Safari Retreats' error retrospectively

The government has 'nullified' the Supreme Court order in the Safari Retreats case that allowed commercial real estate companies to claim input tax credit (ITC) on construction costs for their rental buildings.

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1 min  |
December 23, 2024
The New Indian Express Thrissur

Pentagon report on PLA slanderous, says China

THE Chinese military has denounced a recent Pentagon report alleging corruption is denting PLA's modernisation, saying the report \"desperately slandered\" the Chinese military and \"exaggerated\" the military threat posed by China.

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1 min  |
December 23, 2024
The New Indian Express Thrissur

Women-only flight lands in Iran's Mashhad

AN Iranian airline conducted a rare women-only flight on Sunday, landing for the first time in the holy city of Mashhad in the northeast, according to the official IRNA news agency.

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1 min  |
December 23, 2024
The New Indian Express Thrissur

Apprentice producer Mark named special envoy to UK

MARK Burnett, the power producer who helped reintroduce Donald Trump to a national television audience with \"The Apprentice\", is being tapped by the president-elect as special envoy to the United Kingdom in his upcoming administration.

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1 min  |
December 23, 2024
The New Indian Express Thrissur

38 people dead, 100 others missing in Congo after crowded ferry capsizes

A ferry overloaded with people returning home for Christmas capsized on the Busira River in northeastern Congo, leaving 38 people confirmed dead and over 100 others missing, officials and eyewitnesses said on Saturday.

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1 min  |
December 23, 2024
The New Indian Express Thrissur

55L women await financial aid under Soren's 'Maiyan Samman Yojana'

JHARKHAND women still await the financial assistance of increased ₹2,500 under the 'Maiyan Samman Yojana'. Despite the promise made by JMM to credit the increased amount in their bank accounts on December 11, nearly 55 lakh women all over the state are still waiting for the money.

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1 min  |
December 23, 2024