The real estate sector has been hit hard by the coronavirus contagion and the residential segment is likely to face sales pressure, which in turn may trigger a 5-10 percent price cut across segments. Net office space leasing could drop 45-55 percent to 21-24 million sq ft during 2020 across […]
7 Of These 8 Cities Will Keep Drawing Big Real Estate Investments
More than 80 percent of India’s real estate resides in the top 8 cities of India: Mumbai MMR, Delhi NCR, Bengaluru, Chennai, Hyderabad, Pune, Kolkata and Ahmedabad. Historically, these cities have driven commerce and growth in India through burgeoning sectors like IT/ITES, financial services and age-old presence of manufacturing, and […]
Do Not Commit For Real Estate Offers Without Going Through The Fine Print
Sales in the residential real estate sector plummeted during the covid-19-triggered lockdown and it’s unlikely to pick up anytime soon, with people witnessing deep pay cuts and job losses happening across sectors. “Consumers’ sentiment is at all-time low. Sales are nearly zero,” said Pankaj Kapoor, managing director, Liases Foras, a […]
Real Estate Continues To Be The favoured Asset Class For Those Seeking To Invest: Survey
The Indian Real Estate Consumer (April – May 2020)’ a report jointly released by housing.com and National Real Estate Development Council (NAREDCO), shows that real estate still remains a preferred asset class. According to the survey, Real estate (35%) is still perceived as the preferred mode of investment, followed by […]
Real Estate May Come Out Of The Shadows Of CoronaVirus; Growth In Residential Sales Points In This Direction
The real estate sector may finally come out of slowdown gloom in the aftermath of the coronavirus pandemic. In fact, sales have already started to pick up in some segments such as residential areas with developers pushing promotions. “From almost Nil sales in April, residential sales are up to 25-50% […]
Virtual Tours As Well As Online Launches Will Help You Gain A Foothold in Real Estate Sector
Video walkthroughs, digital inspection and e-launches are increasingly becoming popular with real estate firms and startups looking to push residential sales amid the covid-19 crisis. Considering that physical site visits for buying homes is impossible in the current situation, real estate startups are trying to leverage tech-led solutions to woo prospective tenants […]
