Once billionaire Andrew Carnegie rightly said, 90% of millionaires got their wealth by investing in real estate. And with time I have realized that it is true, only if you develop the catalyst mind to make the best of the opportunity. The sector calls for an eye for detailing that […]
India Must Reconsider Housing For Underprivileged
Last week, the Union Cabinet approved the Affordable Rental Housing Complexes (ARHCs) scheme, which aims to provide reasonably priced rental accommodation for migrant labourers. The Rs 600 crore-programme has a two-pronged roll-out plan: First, existing vacant government-funded housing complexes will be converted into ARHCs through concessional agreements for 25 years; […]
Godrej Properties Intends To Enhance Its Market Share In The Times Of COVID-19 Pandemic
Leading realty firm Godrej Properties is well placed to maintain its growth momentum this fiscal despite headwinds due to the Covid-19 pandemic, and will look to increase market share as well as add projects available at a distressed valuation, a top company official said. In his message to the company’s […]
Housing Sales Fall By 67% in April-June: Report
Housing sales fell 67 per cent at 21,294 units across nine major cities during April-June due to outbreak of the coronavirus pandemic and natiowide lockdown, according to data analytics firm PropEquity. Recently, property consultant Anarock had released its data that showed an estimated 81 per cent fall in sales at […]
Know All That You Needed To Know About The Scheme For Affordable Rental Housing For Migrants
The Union Cabinet on July 8 approved the affordable rental housing complexes (ARHCs) scheme for urban migrants employed in the industries, service sector and manufacturing sector close to their workplace in industrial as well as in non-formal urban sectors. Considering that rental yields in India are anything between 1.5 percent […]