Larger homes are not just a preference but a necessity in a work-from-home and study from home environment in COVID-19 times. Sales in the 3BHK category have increased due to homebuyers’ preference for larger homes even in peripheral locations. The sale of 3BHK housing units has increased by 19% on a year-on-year basis, according to […]
Century Textiles & Industries is diverting its focus onto the real estate business and has lined up Rs 1,000 crore for capex this fiscal for its ongoing and upcoming projects. Century Textiles & Industries, which runs three business verticals — paper & pulp, realty and paper tissues, and nets over 70 per cent of the […]
The Haryana Real Estate Regulatory Authority has issued new guidelines for the sale of a building or an apartment in any real estate project. As per the new guidelines the real estate agent or the promoter can sell the property on carpet area basis regulations only. Earlier the real estate agents or the promoters were selling the […]
The onset of year 2021 is welcomed by real estate industry experts with positive sentiments and hopes that market will bounce back to pre-COVID levels this year. Credit goes to favourable economic policies framed by government and active government initiatives to invoke demand for real estate. One of the most vital lessons that yr 2020 […]
M3M Group in association with PYP introduces a campaign redefining the rules of Indian Real Estate. Delay in delivery leading to innumerable stalled real estate projects is the prime challenge faced by customers in the real estate scenario. A majority of them have paid a lump sum for their dream property, but uncertainty looms as […]
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 […]
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 […]
Indian real estate builders cannot sell flats and homes below circle rates as income tax law does not allow that, realtors’ associations have said in response to Commerce Minister Piyush Goyal’s call to builders to lower home prices to clear inventories. Realtors body CREDAI and NAREDCO, which together have 25,000 members, said there is an […]