Home sales in Chennai in 2019 reported a positive growth amid price correction and reduction in inventory, while office space segment saw high transactions during the year, claimed a report of real estate consulting firm Knight Frank India. “The calendar year 2019 was a year of much-awaited stability and recovery […]
Six Vital Trend That Will Give The Real Estate in India A Definite Direction
The real estate industry is in the cusp of transformation and the past decade has played a crucial role in shaping the sector. The realty sector and its ancillary industries witnessed a series of structural reforms with advent of RERA, policy change, industry consolidation, fast proptech growth, and so on, […]
The Reasons Why Realty Sector Needs Big Thrust
Finance Minister Nirmala Sitharaman is expected to keep the real estate sector in focus in the upcoming budget as the sector is the biggest direct and indirect job creator, HDFC Vice-Chairman Keki Mistry told CNBC TV-18. A boost in the realty sector may improve sentiment by ensuring completion of struck […]
Noida Extension Offers Numerous Reasonably Priced Property Alternatives
In this week’s realty hot spot series we turn the spotlight on Noida Extention in Delhi-NCR. This is a developing locality with affordable property options and good connectivity with Delhi-NCR. It is also situated close to important employment hubs of NSEZ, Noida Phase 2, Ecotech II and Ecotech III. Noida […]
Real Estate Sector Under Severe Pressure in Delhi, Mumbai
The real estate sector is saddled with loans worth over Rs 6.63 lakh crore, of which alm-ost 15%, or roughly Rs 99,773 crore, is under ‘severe stress’, data from Anarock Property Consultants revealed. Of the total loans under ‘severe stress’, Delhi-NCR and the Mumbai Metropolitan Region (MMR) alone account for […]
Retail-Commercial Spaces Will Prosper in 2020
With the Central government committed to increase consumption to boost economic growth, commercial and retail sectors in the real estate market in India are expected to scale new heights in the year 2020. Investment options in commercial and retail properties are also set to open up further with the government […]