Sales in the residential real estate sector plummeted during the covid-19-triggered lockdown and it’s unlikely to pick up anytime soon, with people witnessing deep pay cuts and job losses happening across sectors. “Consumers’ sentiment is at all-time low. Sales are nearly zero,” said Pankaj Kapoor, managing director, Liases Foras, a […]
Real Estate Continues To Be The favoured Asset Class For Those Seeking To Invest: Survey
The Indian Real Estate Consumer (April – May 2020)’ a report jointly released by housing.com and National Real Estate Development Council (NAREDCO), shows that real estate still remains a preferred asset class. According to the survey, Real estate (35%) is still perceived as the preferred mode of investment, followed by […]
Real Estate May Come Out Of The Shadows Of CoronaVirus; Growth In Residential Sales Points In This Direction
The real estate sector may finally come out of slowdown gloom in the aftermath of the coronavirus pandemic. In fact, sales have already started to pick up in some segments such as residential areas with developers pushing promotions. “From almost Nil sales in April, residential sales are up to 25-50% […]
Virtual Tours As Well As Online Launches Will Help You Gain A Foothold in Real Estate Sector
Video walkthroughs, digital inspection and e-launches are increasingly becoming popular with real estate firms and startups looking to push residential sales amid the covid-19 crisis. Considering that physical site visits for buying homes is impossible in the current situation, real estate startups are trying to leverage tech-led solutions to woo prospective tenants […]
How Can You Manage Your Profit On Real Estate Income And Make It Big
In India, people have an affinity for investing in property. However, while making such investments, investors must know about the Long Term Capital Gain (LTCG) tax being levied on real estate income. They should also know about the terms and conditions and relaxations involved in LTCG on property. Not knowing […]
The Prima Dona Of Mumbai’s real Estate Offers 20% Rebate on Properties
One of the leading builders in Mumbai has decided to offer residential units at a 20 percent discount in a sign that the crushing slowdown wrought on real estate by the coronavirus pandemic might be finally forcing companies to mark down property prices. Hiranandani Group, that has undertaken construction of […]