As evidenced by ANAROCK’s recent COVID-19 edition of its consumer sentiment survey, homebuying sentiment is on a distinct rise. The world we live in has suddenly been sharply redefined. In times of unprecedented job insecurity, rent is a burdening expense, property ownership is a vastly more attractive investment rationale than […]
Rescuing Real Estate: Corona Shock Can Only Be Tackled If The Developers Undertake Bold And Agile Action
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 […]
Important Points That You Must Know About How Returns From Gold And Real Estate Are Taxed
Real estate, gold and fixed deposits have traditionally been the most preferred investments of Indians. In the recent past, gold has provided attractive returns due to which long term return from the yellow metal also looks attractive. However, returns from real estate have been in negative territory in the last […]