India’s residential real estate market has been battling multiple headwinds recently. The government-backed system clean-up through RERA, GST, demonetisation and the Benami Transaction (Prohibition) Act significantly impacted the housing sector. According to Knight Frank data, sales volume dropped by 10–15%, and new launches nosedived by 25-35% between 2014 and 2019, […]
Real Estate Projects Crawl Back To Action
Though the government has allowed the resumption of construction activities at non-Covid hotspots of the district, developers say nothing has actually moved on the ground as only about 30 projects have managed to commence work and that too with a thin labour force. In the 250 real estate projects in […]