The Covid-19 pandemic has thrown up monumental challenges for India’s real estate industry. The sector, which has been struggling with a slowdown for the past five years, had started seeing some green shoots of recovery earlier this year. However, the coronavirus outbreak and the lockdown that ensued has led to […]
Will It Be Wise To Invest in Property After Lockdown?
Due to the COVID-19 pandemic, an economic crisis engendering high volatility in the capital markets is leading to investors losing their hard-earned money, at least for the time being. Most of the sectors have been badly affected due to the COVID-19 economic crisis. According to analysts, property prices after have declined […]
COVID-19 Effect: Govt. Asks States, UTs to Enhance Approvals Related To Real Estate Projects By Nine Months
In view of the disruptions caused by the coronavirus pandemic, the government has issued an advisory to all states and union territories to extend the timelines of various time-bound permissions, No Objection Certificates (NoCs) and approvals related to real estate construction projects by nine months automatically. “…states may issue necessary […]
COVID-19 Effect: Commercial Real Estate Space Take-up May Reduce By 20-25%
For several companies, the work-from-home concept has proved to be an effective strategy. Top companies like Tata Consultancy Services (TCS) and Axis Bank have made plans to implement the policy across functions. So, is this going to be a model adopted by the majority of corporates going forward as they reassess their requirements for […]