India’s real estate sector is going through a serious crisis due to the economic shock triggered by coronavirus crisis. Housing sales have plunged over 80 per cent in the second quarter of 2020 in comparison to the figure in the corresponding quarter last year, according to research conducted by ANAROCK […]
Find Out If Now Is The Opportune Time To Invest In Property
Property prices remaining stable, interest rate hovering around 15-year low, and ample ready-to-move-in property or near-completion projects being available in the market are some of the reasons which ideally make it one of the best times to invest in a piece of property. However, amid the turmoil caused by Covid-19, […]
Have The Prices Of Property Witnessed A Slump In Mumbai? See What The Data Has To Say
Having gone through a downturn, property prices seem to have finally bottomed out in most of the top cities in India, including the Mumbai Metropolitan Region (MMR), as they remained more or less stagnant since the last five years. Before COVID-19 gripped Indian cities, it was widely anticipated that average […]
Office Sector Is Believed To Lead Post-Covid-19 Revival In Real Estate Sector: Report
India’s real estate sector –both the residential as well as the commercial segment – has been impacted by the Covid-19 pandemic. The industry will need to reconsider pre-crisis priorities and accelerate new strategic initiatives to adapt to a “next normal”, according to a report by global realty firm JLL. “Real […]
Developers are Thinking Of Maintenance Charges Discount, Waivers for Tenants: Report
Several real estate developers in the commercial property segment are planning to offer discounts or waivers in common maintenance charges to their occupiers. However, there are no visible trends in favour of rental deferment or discount until now across top seven Indian cities, said a JLL India report. Despite government […]
India Today Insight: Understand The Reason Why The Real Estate Prices Are Not Coming Down
During the lockdown, the big question on every potential home buyer’s mind—especially in big cities—has been whether real estate prices would fall enough to make property more affordable. However, despite near-stagnant demand, huge inventories and a spate of repo rate cuts by the Reserve Bank of India, real estate prices […]