Macrotech Developers, formerly Lodha Developers Ltd, plans to reduce its leverage levels significantly over the next 18 months, after witnessing maximum growth from its affordable housing and rental businesses. It also expects disciplined growth, going forward. In a fireside chat at the Mint India Investment Summit and Awards 2020, Abhishek […]
Realty Shine May Dim With The Onslaught Of COVID 19 And Work From Home
For five years till 2019, India’s commercial property (office) market outshone all other segments in the real estate universe. However, with the Covid-19 contagion disrupting business activity in the country, concerns are rife over its impact on demand, and lease rentals of office space. Indeed, near-term office lease rentals are likely to […]
Toddy Tappers Impacted Big Time by Realty Boom
Though Chief Minister K Chandrasekhar Rao’s promise to increase pension amount from Rs 1,000 to Rs 2,016 per month came as a relief to toddy tappers in the State, they are still reeling under severe financial crisis due to shortage of trees. The situation worsened after the reorganisation of districts […]
Governments Thrust For Affordable Housing Is Bearing Fruits, The Challenges However Persist
After a phenomenal 2019 in terms of announcements and measures taken to streamline the real estate sector and to provide liquidity solutions to stuck projects, it is expected that the government will take last year’s thought and action forward to come up with the announcements that can be implemented in […]