The Coronavirus crisis has not only altered the way we live, think, work or even socialize with others around us, but has also impacted almost every industry around the world, including real estate. However, along with its negative impact, the pandemic has opened a new era of selling real estate […]
One Year of Modi 2.0: Real Estate Sector witnesses long-term initiatives But Steps To Boost Housing Demand Is Missing
When the Modi government took over for the second time last year, the performance of the real estate segment was muted owing to the prevailing liquidity crunch, high inventory overhang, weak affordability and subdued demand conditions. However, interest rate cuts and focus on affordable housing, not to mention the creation […]
Reverse Migration Might Lead To Spurt In Housing Demand After Covid
Reverse migration can spur housing demand in Tier-II & -III cities after Covid-19, and cities like Lucknow, Indore, Chandigarh, Kochi, Coimbatore, Jaipur and Ahmedabad would be the main beneficiaries of the reverse migration of professionals, who have lost their jobs in the metros, or are likely to lose their jobs, […]
Corona Virus: CREDAI Communicates With PM, Asks For Instant Relief For Real Estate
The Confederation of Real Estate Developers Association of India (CREDAI) on Monday in an open letter to Prime Minister Narendra Modi sought immediate measures to revive the real estate sector. “In this distressful situation arising out of the COVID-19 calamity, we in the real estate sector seek immediate relief for our survival,” […]
Commercial Real Estate Will Make A Shift Towards North in Tier 2 Markets After Covid-19
Bigger cities are witnessing the trend of high property prices, land saturation and subdued demand, which has led the buyers to look for greener pastures that are cost-effective markets. This has brought the non-metro (Tier II) cities into focus. One of the most important factors that has made it all […]
Real Estate Agents in Bengaluru Resort To Virtual Tours To Potential Customers
The COVID-19 pandemic has not just caused a significant change in project deadlines and designing, but also in the way real estate sales are conducted. With the lockdown and stringent social distancing norms in place despite relaxations in rules, real estate agents — the link between builders and buyers — […]