After the onslaught by the Pandemic, Indian real estate is showing positive signs of a faster recovery, which is further expedited by the repo rate cuts by the government, reduction in stamp duty in states such as Maharashtra & Karnataka, and push to affordable homes. However, despite an impressive bounce […]
2021 Will Witness The Renewal Of Almost 7,400 Office Leases Of 90 mn sq ft In Leading 6 Cities
Over 7,400 leases spanning approximately 90 mn sq ft area will come up for renewal in 2021 across the top six commercial real estate hubs across the country- Bengaluru, Mumbai, Pune, Chennai, Gurugram and Noida, Industry data and ANAROCK Research said. Also, 2021 has the highest lease expiry pipeline when […]
Will The COVID-19 Second Wave Strengthen The Position Of The Listed Developers
India’s real estate segment has remained resilient during the pandemic period. Buoyed by conducive government policies, central bank support, stricter regulations, tax reliefs, stamp duty reductions, and easy investment opportunities, the year 2020 ended on a high note as the market reflected signs of recovery from the lockdown impact with […]
Unstinted Investors Support Will Keep The Commercial Real Estate Going
With the second wave of COVID-19 hitting the country hard, small and medium sized developers are struggling for survival but big listed developers, especially the listed ones, seem to be growing in strength. Most larger, organised and branded players are leveraging the advantage of better cash flows, operational efficiency, dependence […]
COVID-19 Second Wave Forced Developers Into Giving Time Off To Their Employees To Tackle The Pandemic
Besides stepping forward to set up COVID war rooms and helping out with augmenting medical infrastructure to cope with the second wave, real estate developers are also granting their employees time to beat the pandemic blues. Mumbai-based K Raheja Corp has set up a centralised 24×7 Covid War Room backed […]
Have A Look At 5 Cash Transactions That Can Get You Income Tax Notice
The Income Tax Department and various investment platforms like bank, mutual fund houses, broker platforms, etc. have been discouraging cash transaction by tightening their rules for public in general in last few years. The Income Tax Department may send notice to the violator now as days in case of slight violation as these […]