RBI Monetary Policy: Real Estate Sector Is Ecstatic About Rs. 5000 Crore Additional Liquidity Infusion

On August 6, 2020August 6, 2020 By smc

The Reserve Bank of India (RBI) Governor Shaktikanta Das on August 6 announced an additional special liquidity facility of Rs 5,000 crore for National Housing Bank, a ‘much-needed’ move to relieve the real estate sector battling liquidity issues in COVID-19 times. Das said Rs 5,000 crore will be provided to NHB […]

Housing Affordability In Mumbai Is One Problem That Is Proving Too Costly For It’s Developers

On August 6, 2020August 6, 2020 By smc

Mumbai had only 1,96,085 housing rental registrations last year — shockingly low for a city with a population in excess of 1.24 crore residents. Why is that? More than 41 percent of the residents stay in slums. Of the rest, 16,000 buildings in the city are cessed, leaving the majority […]

Will It Be A Wise Decision To Buy A House In The Times Of COVID-19?

On August 5, 2020August 5, 2020 By smc

COVID-19 has changed the way we think or live and this will have an enduring effect on us for a while. A few of which will become a permanent part of our conscious, the ‘new normal’. As we foresee the industry, it has to resuscitate itself to recognize, comprehend, strategise […]

Find For Yourself The Implications Of Extension Of COVID-19 Loan Moratorium

On August 5, 2020August 5, 2020 By smc

Due to the COVID-19 and subsequent lockdowns across the country, the RBI allowed banks and other lending institutions a three-month loan moratorium on EMIs from March to May 2020. This was later extended by an additional three months up to August 31, 2020. The moratorium certainly helped borrowers, be they […]

Market Instability Forces Builders To Defer Project Launches

On August 5, 2020August 5, 2020 By smc

Real estate developers are deferring launches of residential projects to next year or reducing the number of fresh launches due to overall instability in the market and higher demand for ready homes. The covid-19 crisis has added to the woes of the real estate sector which was already reeling under a […]

The Reason That Has Lead To Enhanced NRI Investment In South Indian Real Estate Market

On August 4, 2020August 4, 2020 By smc

The real estate industry in India is going through a remarkable phase of transition and revival. During this period, Indian real estate is witnessing lots of interest from NRI homebuyers. The combination of the lowest home loan rate, falling rate of Indian rupee, great offers and deals, availability of houses and […]