The builders’ body demanded that the government should take measures to control prices of raw materials and suggested reduction in GST for the purpose. Real estate builders’ body, Confederation of Real Estate Developers’ Association of India (CREDAI), has expressed concern over the sustained increase in price of raw materials including cement and steel and said […]
Amongst the investment options available such as a fixed deposit, gold, mutual funds and PPF, people still consider real estate or property investment as one of the safest ones. Being one of the few tangible investment options around, real estate is still the most trusted one. The opportunity cost of realty investment in comparison to […]
Real estate firm M3M Group will launch the first residential project on a part of the 185-acre land parcel it had bought from Sahara Group for ₹1,211 crore about six years ago, said a top company executive. The developer plans to launch about 1,100 premium apartments in Sector 113, Gurugram, in a month’s time. The two-bedroom […]
Favourable demographics, improved affordability of residential properties and historically low mortgage rates are pushing the demand for home loans, mortgage lenders said. Several major banks, mortgage companies and housing finance companies have significantly reduced their interest rates on home loans during the festival period to encash revival in housing demand after the second wave of […]
In the housing markets in Gurgaon and Faridabad, independent floors are gaining more traction than highrise apartments. This reversal of trend is being attributed to a change in buyer preferences due to the pandemic and other benefits such as shorter possession time, more area and privacy. As per a report by Anarock — a real […]
The second wave of coronavirus caused a setback to the real estate sector including the residential and commercial segments. However, the developers were in a better position this time as compared to last year, and as a result of better preparedness, the COVID impact was limited. The cases are declining along with gradual rise in […]
Here are reasons why the demand for luxury housing did not get impacted due to the lockdown and why the demand will witness a consistent rise in the future. Real estate has always been considered to be a growing industry; it is also the safest and most trustworthy investment in the present market conditions. Residential real […]
However, in the absence of additional measures, the recovery period post the second wave may get elongated, thereby placing higher stress on developer cash flows, especially for the smaller ones. The residential realty sector has recorded one of its best quarters in Q4 FY2021, with sales across the top eight cities nearing 85 million square […]
The report ascertains the suitability of cities on the basis of factors such as population density, open area ratio and hospital infrastructure. Gurugram is the most suitable city to live in during COVID-19 times considering factors such as population density, open area ratio and hospital infrastructure, a new report by Square Yards titled Suitability Index: […]
Despite the pandemic, India’s commercial realty is attracting investors looking for safe growth. Triggered by strong fundamentals, infrastructural developments and conducive policy reforms, the Indian commercial realty has been embarking on a higher growth trajectory, contributing significantly to the country’s economic story. It has attracted equity investments worth over $15.4 billion since 2011, as revealed […]