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Demand for Spacious Homes Picks up Amid Covid Pandemic

Demand for Spacious Homes Picks up Amid Covid Pandemic

The work-from-home (WFH) culture and e-learning traditions during Covid-19 have drastically influenced homebuyer’s preferences and the recent trends show an increased inclination of potential homebuyers towards larger 3BHK spaces even in emerging peripheral localities. According to data accessed by Prop Equity, sales of 3BHK housing units have increased by 19% on a year-on-year basis and […]

85 Percent First Time Buyers Pave Way for Realty growth in 2021

85 Percent First Time Buyers Pave Way for Realty growth in 2021

The Indian real estate sector has always remained an investor’s favourite which has shown immense resilience against the pandemic. Continuing its uphill climb against all odds, the sector continues to attract potential buyers. These positive sentiments were reflected in a recent ANAROCK report which said that in the nine months between July 2020 and March […]

65% home buyers back in real estate market: Survey

65% home buyers back in real estate market: Survey

78% of tenants seek for legal safeguards in rent agreements When people are trying to co-live with the pandemic virus, owning a home is becoming a necessity for safety, according to the survey Two out of every third home buyer is now back in the real estate market, reveals consumer sentiment surveys conducted by 99acres. […]

5,500 housing units get delivered in top 7 cities as lockdown eases

5,500 housing units get delivered in top 7 cities as lockdown eases

Delivery of projects during the prevailing challenges sends out a positive signal and helps regain homebuyers’ trust given that the government had extended the delivery timelines by at least six months for developers. Even as the woes of real estate intensified during the lockdown imposed across the country in view of the Covid-19 pandemic, and […]

Best time to buy a house for end use, say realtors

Best time to buy a house for end use, say realtors

Industry experts feel that this is the right time to buy a house because buyers are likely to get better deals and prices may go up in the near future. The COVID-19 crisis has dealt a major blow to the real estate sector. The home buying cycle has been massively impacted, and transactions continue to […]

Is this the right time to buy property? Find out

Is this the right time to buy property? Find out

Stable property prices, interest rate hovering around 15-year low, and ample ready-to-move-in property or near-completion projects being available in the market are some of the reasons which ideally make it one of the best times to invest in a piece of property. Property prices remaining stable, interest rate hovering around 15-year low, and ample ready-to-move-in […]

DEMAND FOR READY-TO-MOVE-IN HOMES IS ON THE RISE

DEMAND FOR READY-TO-MOVE-IN HOMES IS ON THE RISE

Housing sales fell 11 percent during the last fiscal year across nine major cities of the country, but the demand for ready-to-move-in residential units rose while that of under-construction flats dipped, according to online property brokerage firm PropTiger. The share of ready-to-move-in inventory as a percentage of total sales rose to 20 per cent during […]

Real Estate Industry applauds FM’s move to extend RERA deadline for projects

Real Estate Industry applauds FM’s move to extend RERA deadline for projects

In a relief to real estate industry, Finance Minister Nirmala Sitharaman on Wednesday announced that the deadline for completion of projects will be extended by up to six months for all registered projects expiring on or after March 25, 2020, without individual applications, treating the coronavirus outbreak as an event of ‘force majeure’.  Dr. Niranjan Hiranandani, President, ASSOCHAM […]