India’s real estate sector –both the residential as well as the commercial segment – has been impacted by the Covid-19 pandemic. The industry will need to reconsider pre-crisis priorities and accelerate new strategic initiatives to adapt to a “next normal”, according to a report by global realty firm JLL. “Real […]
Developers are Thinking Of Maintenance Charges Discount, Waivers for Tenants: Report
Several real estate developers in the commercial property segment are planning to offer discounts or waivers in common maintenance charges to their occupiers. However, there are no visible trends in favour of rental deferment or discount until now across top seven Indian cities, said a JLL India report. Despite government […]
India Today Insight: Understand The Reason Why The Real Estate Prices Are Not Coming Down
During the lockdown, the big question on every potential home buyer’s mind—especially in big cities—has been whether real estate prices would fall enough to make property more affordable. However, despite near-stagnant demand, huge inventories and a spate of repo rate cuts by the Reserve Bank of India, real estate prices […]
Are You Planning To Buy A Plot? Understand This Important Tax Development Before Finalising The Deal
It’s a piece of important information for those planning to buy developed land or plots with primary amenities – such as drainage, waterline and electricity. In a major decision, the Authority for Advance Ruling (AAR) has said that developed land sold as plots will attract GST. AAR says, “GST will […]
Is Price adjustment In Real Estate A Possibility? Take A Sneak Peak At Delhi, NCR, Pune And Bengaluru Markets
New Buyers and Investors: The world is going through a big transition, the transition of sorts that will change the way humans interact with their surroundings and the different elements that are part of it. Real estate as an industry plays a vital role in building these surroundings and spaces for […]