Housing demand, which hitherto has remained dominant in the top 8 cities of India, is gaining momentum in Tier II & Tier III or ‘shadow cities’ with the trend becoming more prominent post the nationwide lockdown, according to Housing.com. Small Cities Setting the Tone for Revival – As per the […]
India Ratings Paint A Gloomy Picture For Residential Real Estate
India Ratings and Research (Ind-Ra) has maintained a negative outlook for the residential real estate sector for the second half of 2020-21. It has revised its recovery estimates on the possibility of a slower-than-expected recovery. The ratings agency believes the overall residential demand would decline about 40% on-year in the […]