EghtesadOnline: Iran Mercantile Exchange is studying three schemes to help fund the struggling housing sector via the capital market, the IME deputy head for market development said.
EghtesadOnline: Home renovation loans in underdeveloped urban areas have been paid to 21,348 applicants since March 2019 up until now, Mohammad Hassan Alamdari, an official with Bank Maskan, the state agent bank of the housing sector, says.
EghtesadOnline: The Purchasing Managers’ Index for the housing sector in the 12th month of the last Iranian year (Feb. 19-March 20) settled at 63.93 from 64.28 of the preceding month (Jan. 20-Feb. 18), indicating a 0.55% decrease, Iran Chamber of Cooperatives reported.
EghtesadOnline: Parliamentarians have obliged banks and credit institutions to allot a minimum 40% of their lending facilities to the housing sector in each fiscal year.
EghtesadOnline: The Purchasing Managers' Index for the housing sector in the 10th month of the current Iranian year (Dec. 21, 2020-Jan. 19) settled at 58.33 from 60.67 in the preceding month (Nov. 21-Dec. 20, 2020).
EghtesadOnline: Plans are underway to launch standard salaf contracts for low-cost housing projects, head of the Ministry of Road's Housing Economy Department said.
EghtesadOnline: The Purchasing Managers' Index for the housing sector in the eighth month of the current fiscal year (Oct. 22-Nov. 20) settled at 50.78 from 53.13 in the preceding month (Sept. 22-Oct. 21).
EghtesadOnline: Bank Maskan, the state agent bank of the housing sector, paid 201,360 billion rials ($767 million) in loans during the first seven months of the current fiscal year (March 20-Oct. 21).
EghtesadOnline: Bank Maskan, the state agent bank of the housing sector, has increased the amount of loans it offers under the Youth Savings Account to applicants in Tehran by 60%, from 2,500 million rials ($8,503) to 4,000 million rials ($13,605).
EghtesadOnline: The plan to presale housing units through standard salaf contract will be implemented next month at the Iran Mercantile Exchange, the IME deputy for economic studies said.