The real estate sector welcomed the Reserve Bank of India’s decision on May 22 to slash the benchmark lending rate by 40 basis points to mitigate the impact of COVID-19 crisis and an extension of term loan moratorium by three months but said the respite would have been bigger had […]
Lockdown Impact: As Families Get Time To Spend Together At Home, Developers Witness Growing Buyer Interest
The Covid-19 pandemic has had an unexpected impact on the residential real estate market. With families spending more time at home during lockdown, organised real estate players have noticed a rising interest from buyers. Also looking at the property market rather seriously are non-resident Indians, who are seeking digital presentations […]
Life After Lock Down: Real Estate Developers In Favour Of Quick Digitization
Lockdown 4.0 has been extended till 31st May, 2020. However, business activity has been allowed in select areas. While announcing the relaxation in the lockdown, government has made it clear that one will have to adopt to the new way of life post-lockdown. For the real estate sector, fast digitization […]
A Report Suggests That Indian Real Estate’s Recovery Will Be Stalled Over 6-12 Months by Covid-19
The ongoing Covid19 pandemic is expected to keep Indian real estate subdued over the next 6-12 months forcing sector entities to contract operations, revisit planned developments, expansions, and investments, said consultancy and advisory firm KPMG. The companies likely to come up with counter strategies to mitigate the impact focusing on […]