Four years after its implementation, as many as 63,583 real estate projects have been registered and 65,539 cases have been disposed of by the respective state RERA authorities, according to data released by the Ministry of Housing and Urban Affairs. Out of this, nearly 40 percent cases (approximately 26,510 complaints) […]
Realtors Pin Their Hope On Festive Season As Top Cities Warm To Housing Sales
Enthused by the rising housing sales in recent months amid Coronavirus scare, developers seem to be quite upbeat on this festive season. Various recent reports published by property consultants already point to the green shoots of revival in residential real estate. According to a recent report by ANAROCK Property Consultants, […]
Financial Strain Experienced By Real Estate Developers In The Times Of COVID-19
The real estate sector was caught in a conundrum last year with flattening demand, a challenging funding environment, and increasing compliance-based costs. The onset of the pandemic exposed the fragile financial health and business models of real estate developers in India. The financial health of developers in the preceding 12 […]
Here’s Why NCR Is A Top Real Estate Destination For NRIs
Driven by stable prices, depreciating rupee and good deals offered by developers, residential properties – particularly luxury homes – are showing good traction from NRIs, even during the times of pandemic. According to a recent consumer survey by ANAROCK, Bengaluru has emerged as the most favourite investment destination for 24% […]