South Indian cities Bengaluru and Chennai top the branded housing supply compared to other markets such as NCR, Kolkata and Mumbai. Of the total 15,020 units launched in Bengaluru in 2020 till September, a whopping 63% is by branded developers. In Chennai too, out of the total new launches of […]
Real Estate Is All Set To Witness Better Days Courtesy Pent Up Demand That Would Rev Up The Festive Spirit
The adversities that loomed over India’s real estate sector during the period between April and June 2020 notwithstanding, it is now treading on a path that leads towards its eventual revival, all thanks to a perception and behavioral change caused by the world’s biggest health emergency that triggered the transformation […]
Opening up of J&K Real Estate Market has Property buyers sit up & take notice
Jammu & Kashmir has opened up its real estate market to everyone in the country. The new rules as notified by the government allow any citizen of the country to buy urban or non-agricultural land in Jammu & Kashmir which was earlier restricted only to the permanent residents of the […]
Demand for residential real estate surpasses pre-COVID level
Though the COVID-19 pandemic wreaked havoc on the Indian economy, the real estate industry has registered a growth in demand as property searches jumped by 30-40% when compared to pre-COVID levels. It would however be interesting to note that the buyers have shown a marked preference towards affordable and mid-segment […]
Shobha Group Vice Chairman J C Sharma Opined That Sales, Construction Are Back To Pre-COVID Levels And That There Is No Immediate Requirement Of Capital In Near Future
In an exclusive interview with Moneycontrol, JC Sharma, vice-chairman and managing director of Sobha Group, talks to Vandana Ramnani about the challenges faced by the company during the pandemic, new residential trends that have emerged with the focus on work-from-home, how sales are almost back to pre-COVID level and the company’s future plans. […]
Govt. Planning To Bring Out Model Tenancy Law Very Soon
Housing and Urban Affairs Secretary Durga Shanker Mishra on Wednesday said the government will soon come out with the model tenancy law, giving a major boost to real estate sector especially rental homes. The ministry had in July 2019 floated the draft model tenancy law. Addressing a webinar organised by […]