During uncertain and turbulent times, the one place that offers comfort and safety is ‘home’. With job losses and economic upheaval, paying rental for homes suddenly became a financial burden. Home loan borrowers on the other hand had an option to avail EMI moratorium making it beneficial over rental payouts. […]
Indian Millennials Are Now Showing A Desire To Buy Homes
Demand for buying homes among Indian millennials has increased compared with pre-pandemic levels, as mortgage rates hit a multi-decade low, and more of them expect to work-from-home regularly or permanently in the future, according to executives from leading real estate companies. This demand is in part being driven by millennials […]
Few Festive Treats For Home Buyers Make This Diwali A Dull And Drab Affair
In another dull festive season the number of residential units launched is expected to fall by 20% over last year’s tallyof 73,034. Few developers are unveiling new projects. Some like Sunteck Realty, which is looking to roll out apartments in Mumbai’s central and western suburbs, are awaiting RERA approvals. Godrej Properties and Oberoi […]
Developers Try To Win Over Homebuyers With A Variety Of Attractive Deals This Festive Season
With the festive season approaching, real estate developers across the country are hoping to regain the lost sales due to the COVID-19 pandemic and the subsequent nationwide lockdown which has hit the economy hard. However, with the relaxing of restrictions, the housing sales improved and India’s eight prime residential markets […]
Pessimism Witnessed In The Real Estate In July – September Has Turned Jovial
The sentiment in the real estate industry remained pessimistic during July-September due to the COVID-19 pandemic, but the outlook for the next six months has turned optimistic with signs of revival in demand, according to a survey. Knight Frank-Ficci-NAREDCO on Thursday released their ‘Real Estate Sentiment Index Q3 2020 Survey’ […]