Given the tough economic environment amid the covid-19 crisis, many people have postponed their homebuying decision due to job insecurity and low hopes of pay hikes. However, in order to woo buyers, developers are showering offers and discounts, ranging from flexible payment plans, cash discounts, free-parking space to foreign trips […]
Builders In Maharashtra Will Now Offer Zero Stamp Duty To Those Purchasing Homes
Days after the Maharashtra government decided to temporarily reduce stamp duty on housing units from 5 percent to 2 percent until December 31, 2020, to boost the stagnant real estate market, NAREDCO, the national body of real estate sector, has decided to give a zero stamp duty booster to homebuyers. […]
How Can The Real Estate Market Sentiment Be Enhanced During This Global Calamity
The investments in the country’s real estate sector have hit an all-time low during this global pandemic. The investment sentiment has fallen to 22 in April-June, from 31, as per recent reports. Though the market sentiments are expected to witness an upswing towards the end of the year, the overall […]
Digitisation Facilitates Real Estate Sales In The Times Of Lockdown
The real estate industry which was already poised for digitizing its processes, practically overnight, with the ongoing COVID-19 pandemic and the announcement of the lockdown has magnified its importance on technology. Within the residential real estate, developers have taken the digital leap. They have become more inclined towards investing in […]
Reducing Taxes Will Ensure The Growth Of Demand That Will Bolster Revenue: Hiranandani
The realty sector, which was languishing since the government’s demonetization drive and the rollout of the goods and services tax (GST) and Real Estate Regulatory Authority (RERA), was dealt yet another blow due to covid-19. While the sector contracted 5.3% in the June quarter compared to 6% growth in the […]