Month: November 2020

States should lower stamp duty to make houses more affordable to low-income families, a study by the Centre-backed National Housing Bank (NHB) has said. The revenue loss will be offset by the taxes they will generate by building additional houses under the Centre’s Pradhan Mantri Awas Yojana (PMAY) and Housing […]

Not only is the commercial real estate (CRE) segment facing dampened demand, it seems there are tougher times ahead as raising funds from private equity (PE) players promises to be a big challenge. The work from home trend has led to weakened demand for large office spaces, and rentals have […]

New home sales have seen a sharp rise in recent months, giving a sigh of relief from the pandemic-led worry across the realty market. New homes sold in Mumbai and the rest of Maharashtra are 10-30 per cent higher in October, compared with January this year. It is believed that […]

The circumstances that the real estate sector finds itself in today is perhaps the most opportune time for non-resident Indians (NRIs) to consider investing in property back home. The historically low home loan interest rates at below 7 percent, improved transparency and stricter regulatory mechanisms and ongoing consolidation in the […]

We have heard and read a lot about how COVID-19 has affected various sectors. And real estate is no exception. Lockdowns stalled the constructions. There was a mass exodus of migrant workers to their native regions. People were reluctant to visit or invest in properties, which can be attributed to […]

After months of uncertainty following the coronavirus pandemic, the festival season had uplifted consumer sentiment in residential real estate industry as investors begin to look for exciting deals, reveals the third edition of Magicbricks Property Buyer’s Sentiment Survey. With attractive discounts and offers being offered by developers, investors are now […]