Month: January 2021

Recovery In Real Estate Leaves A Positive Effect On Sales Of Affordable Homes: Survey

The COVID-19 pandemic affected the residential property market during the April-June period last year but sales have improved in affordable homes segment since July onwards, reflecting economic recovery in the real estate sector, according to the Economic Survey. The National Housing Bank’s (NHB) Housing Price Indices (HPIs) are a broad measure of movement […]

Slashed Real Estate Premiums Will Generate Economic Activity To The Tune Of Rs. 10 Lakh Crore In MMR: CREDAI MCHI

Maharashtra government’s decision to reduce real estate premium by half is expected to generate economic activity worth Rs 10 lakh crore in MMR, real estate industry body Credai MCHI has said. CREDAI MCHI also estimates that the premium reduction will help residential real estate new launches make a comeback in […]