The total value of all homes in the US is $33.6 trillion. An analysis by Zillow, a real estate database company, estimated that housing value in the US is 160 percent of the country’s GDP. The value of homes in New York alone is equal to the GDP of India. […]
COVID-19 Effect: Real Estate Launches Fall By 56% in H1 20202: ANAROCK
On account of the nationwide lockdown imposed from the last week of March, new launches declined 56 percent in the first half of 2020 to 42,610 units. Going forward, consolidation among realty players will increase with branded players gaining a market share of almost 75 percent, a recent report by ANAROCK […]
Digitalisation Will Bring About Next Wave Of Change in The World Of Real Estate
In recent years a wide range of technological solutions has enabled companies to enhance resilience, maintain stability, ensure business and real estate continuity. However, the adoption of these digital tools has been gradual in some companies as they lacked the urgency or compelling reasons to alter their approach. However, COVID-19 […]
Things Modi Government Must Do For The Recovery Of Real Estate
Given the current economic scenario in the country, which earlier was undergoing a slowdown and now has been hit by the COVID -19 pandemic, both the government and the RBI have done much to provide adequate support to the sector. From launching the Alternative Investment Fund (AIF) to giving last-mile funding to […]