The affect of the COVID-19 pandemic was obvertly visible in India’s housing sector. Sentiment in the real estate industry remained pessimistic during July-September owing to COVID-19, however as per a survey, the outlook for the next six months is optimistic with signs of revival in demand. Recently, Knight Frank-Ficci-NAREDCO had released […]
Work From Home In The Times Of COVID-19 Pandemic Has Led To The Increased Demand For Houses In City Outskirts
COVID-19-triggered ‘work from home’ norm has increased residential demand in suburbs in Bangaluru, Chennai, Hyderabad, Delhi-NCR and Pune, according to real estate platform NoBroker.com. Areas that were not previously considered by working professionals are now experiencing greater demand, it said, citing latest data. Potential homebuyers were earlier researching best localities […]
Builders Asked To Reduce Home Prices, Pass On GST Gains
After a pause due to the countrywide lockdown, the National Anti-profiteering Authority (NAA) has renewed cracking the whip on property builders for not lowering home prices to pass on tax benefits following the rollout of goods and services tax (GST) in 2017. So far this month, the profiteering regulator has […]
6 Home Decor Ideas to Light up your home this Diwali
Diwali, the festival of lights, is one of the most popular festivals in the country. People work tirelessly to make the festival impressive and imposing in their unique way. No wonder we see many innovative and interesting ideas around decorating home with colourful flowers, enchanting diyas, beautiful paperwork and home […]
H-RERA Comes Up With Mediation Forum For Swift Resolution Of Real Estate Disputes
The Haryana-Real Estate Regulatory Authority (H-Rera), Gurugram, has established a mediation forum for the amicable resolution of disputes between real estate developers and homebuyers. The authority said that alternate dispute resolution (ADR) mechanisms like arbitration, mediation, and conciliation are much more private, economical and time-saving than litigation. As such, the […]