Retailers have witnessed tepid response since the lockdown restrictions were eased, with shoppers making short trips, spending less time and buying exactly what they need from stores on high streets. However, stores located in malls have fared even worse. Retailers Mint spoke to said business in stores located on high streets were at 30-60% compared […]
Real estate trumps gold, fixed deposit and stocks when Indians think about investing their money. The current economic scenario has not deterred real estate investors who remain confident of their income stability in the next six months, finds a survey. Homebuyers are likely to slowly return to the market in the coming six months.. According […]
HDFC Bank and CEO Aditya Puri has said Indian GDP will recover “very fast” and pointed out that it is essential to get the growth rate back to the pre-COVID levels. The largest lender in the private sector will emerge from the COVID-19 pandemic “way way stronger” than it ever was, Puri said in an […]
mid coronavirus pandemic, real estate has once again emerged as the safest investment option. For Indians, owning a home has been traditionally considered a matter of prestige as well as safety. The sector has been in the doldrums from the last few years with the sharp rise in equity markets with investor sentiment favouring the […]
Property rates increased by an average 38 per cent across seven major cities in the last decade as compared to 52 per cent rise during 2000-2009, according to property consultant Anarock. In the previous decade (2000-2009), the average housing prices rose to Rs 3,784 per sq ft in 2009 from Rs 2,490 per sq ft […]
Less than a month after suggesting Haryana as an alternate for multinational companies and foreign investors keen on shifting base from China, the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has issued details of land lease policy for such investors. Unlike previous allotments, this time there will be two categories of plots less than […]
India’s urbanisation policies have gone wrong over the years and there’s only one man who can set it right, Prime Minister Narendra Modi who has the capacity to take decisions and the guts to implement those, says Kushal Pal Singh, the DLF chairman who has created the millennium city of Gurgaon. The 90-year-old, who is […]
With the authorities busy battling Covid-19 during lockdown, some people in the city took advantage of the government’s decision to allow small and in-situ construction from May. They not only grabbed government land but also began building unauthorised structures in licensed colonies and sectors. A month on, two government wings — the department of town […]
Despite all economic activities came to a standstill, several real estate developers have registered good sales figures during the COVID-19 lockdown, thanks to the strong digital presence. Various measures such as online bookings, online payments, easy down payment schemes, and lowest ever home loan interest rates in the last decade helped the sector to sail […]
Real estate is one of the victims of Covid-19, but it has been among the least-impacted sectors by its ill-effects. COVID-19 has sent everyone in real estate to the drawing board. Marketing teams, sales teams, construction staff, etc, have been busy coming out with solutions that can help the sector minimize the impact. The talk […]