The Pune Municipal Corporation (PMC) officials feel that the 1% reduction in stamp duty for property registration offered by the state government will boost the real estate market with buyers coming forward to avail of the benefit. The stamp duty concession will be offered for all sale and transfer of […]
COVID – 19 Will Affect The Prices Of The House Across Segments That Will Also Include The Affordable Category: Argenio Antao
The nationwide lockdown to contain the spread of coronavirus has brought real estate construction activity to a standstill and all the stakeholders – real estate developers and homebuyers – are in limbo. Builders may have to resort to doling out more sops to liquidate inventory but they are likely to wait-and-watch […]
Defining Escrow Account and Those Who Can Use It
Escrow-based payments have been around for years and are not new. However, they have mostly been restricted to large transactions, like mergers and acquisitions, cross-border deals, etc. Industry experts say, with new technology and the rise of the internet-based economy, this instrument is used by stakeholders from several sectors to […]
How Are Landlords And Tenants Dealing With The Menace Of Corona Virus?
With the entire country in a state of lockdown and relocation becoming an impossibility in these COVID-19 times, tenants, co-living and student housing firms are all in negotiation mode with landlords, trying to arrive at a consensus on extending existing rental agreements until the time the pandemic ends. Recently, the […]
New Leasing Of Office Retail Space May Face A Slump Temporarily Due To The Lock Down
New Delhi: India’s commercial real estate, which has been performing well for last few years despite slowdown in the property market, is likely to be impacted due to nationwide lockdown as market experts see short-term affect on demand-supply of office and retail spaces, besides pressure on rentals values. Corporates and […]