The commercial real estate in India was showing sturdy growth until the Covid-19 pandemic hit the globe. The unsold inventory was getting acquired due to continuous demand, especially in the office space, business parks and IT parks. The Covid-19 pandemic has changed the people’s mindset and the overall outlook towards […]
Questions Raised By Home Buyers Regarding RERA’s Progress report On Project’s Story
The Real Estate Regulatory Authority of Uttar Pradesh (UP-Rera) on Monday has come out with ‘Progress Report 2020’ that contains details of new initiatives, its achievements and the status of ongoing housing projects. The regulatory authority has put up the progress report on its website so that homebuyers both existing […]
Noida And Greater Noida Have Witnessed The Offering Of 5000 Housing Units Since Lockdown
The Uttar Pradesh chapter of realtors’ body NAREDCO on Monday said its member developers have offered delivery of nearly 5,000 housing units in Noida and Greater Noida since the imposition of COVID-19 lockdown. These units are from five major real estate groups — Supertech, Migsun, Panchsheel, Sikka and Trident. Details […]
ICRA Has Concluded That RBI Resolution Plan Guidelines Are Beneficial For Residential Real Estate
The Reserve Bank of India (RBI) has recently released sector-specific leverage and debt-coverage guidelines for determining eligibility for restructuring of stressed loans, including those in the residential real estate sector. Real estate has been identified as one of the more deeply impacted sectors, and consequently, relatively high leverage levels have […]
Homebuyers Miseries Enhance In The Times Of COVID-19
As if the unprecedented crisis brought on by coronavirus was not enough, a series of decisions on the Insolvency and Bankruptcy Code, the Consumer Protection Act and RERA over the last few months has added to homebuyers’ misery. Here are some of the key issues: The Insolvency and Bankruptcy Code, […]
Spacious And Holistic Properties Are Wanted By Those Seeking Luxe Homes In A World Post COVID-19.
The way the stock markets have performed in India and the world over in the past six months has shown that people have a discerning and acute sense of understanding opportunities for better investments and living. Latest trends in customer preferences when it comes to premium real estate also point […]