The Covid-19 pandemic and subsequent lockdown has provided an unexpected boost for realty companies in the senior living segment. This has emerged a growth segment in an otherwise depressed residential segment. India will be home to 17.3 crore senior citizens by 2026 and realty developers are looking at senior living […]
Government Waives Green Signal To 10,000 Crore Investment For 101 Stressed Realty Projects
The government-sponsored and the SBICAP Ventures managed last-mile fund for stressed real estate projects has cleared investments worth over Rs 10,000 crore for 101 proposals approved that will benefit around 71,000 homebuyers across various cities. The fund, Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects (SWAMIH […]
Real Estate Suffers As Work Has Resumed In Only 40 Per Cent Of The Construction Sites
Real estate sector in the Mumbai Metropolitan Region (MMR) continues to totter as work has started in hardly 40% of the construction sites. Acute labour shortage and monetary crises are cited as the reasons for the same. According to real estate firm Liases Foras, work has started in around 4,200 of the […]
Millennial Home Loan Customers Rise By Almost 10 In The Times Of COVID-19
While the COVID-19 pandemic has impacted the real estate sector with many homebuyers postponing their purchase decisions, it is the millennial segment that is now looking for homes to buy rather than renting them, Rajan Suri, Business Head – Retail Assets, PNB Housing Finance told Moneycontrol. Almost 60 percent of […]