Real estate in India faces a severe credit crunch. The sector depended heavily on NBFCs for its credit requirements. Hence, the sharp slowdown in NBFC sector and NPAs plaguing the banking sector has had severe repercussions. RBI’s latest Financial Stability Report highlights that overall credit (Bank + NBFC + HFCs) to […]
Affordable Housing Will Continue To Prosper in 2020
A total of 65,799 housing units were sold during the quarter ending September and nearly half the units that were sold during the quarter are affordable homes. It is down, but certainly not out. Amid the challenging global economic environment, the stellar growth of Indian economy has also come under […]
Naredco’s recently Launched Portal Includes Ready To Move Property Only
In order to boost sales and home buyers sentiments, real estate developer’s body National Real Estate Development Council (NAREDCO), launched a real estate portal—www.HousingForAll.Com on 14 January, 2020. This portal will offer only ready-to-move- in properties having occupation certificate or building completion certificate, located anywhere in India to potential home […]
Indian Real Estate Attracted Over $6.06 Billion Investments in 2019 Led by Office Segment
Global investors continued investing in Indian real estate despite slow sales momentum in residential segment as demand for office properties sustained and offered them superior returns. Indian real estate attracted over $6.06 billion investments in 2019 led by office segment fetching more than 40% of the total funds deployment. Among […]
Gurugram Outshines all In Office Space Leasing Market In National Capital Region
Despite the ongoing economic slowdown, the office space rental market in 2019 witnessed strong growth across the country. Gurugram dominated the office rental market in the National Capital Region(NCR) once again in 2019, accounting for nearly 65% of the overall transactions in Delhi-NCR. In Gurugram, 5.6 million square foot (msf) […]