Despite COVID-19, Mumbai’s luxury homebuyers are coming forward to register their properties this festive season. In fact, quite a few properties in the range of Rs 35 crore-Rs 55 crore have been registered after the state government decided to reduce stamp duty, suggesting that the realty market in Maximum City is […]
Where Will Commercial Real Estate Go From Here?
Commercial real estate is one of the worst-hit markets due to the 2020 pandemic. Anytime there is a real estate meltdown, it triggers a massive recession. However, this one is slightly different. It accelerated the anticipated recession and impacted certain sections of the job market. Consequently, the world has gone […]
Reasons That Make Investment In Real Estate Foolproof
During uncertain and turbulent times, the one place that offers comfort and safety is ‘home’. With job losses and economic upheaval, paying rental for homes suddenly became a financial burden. Home loan borrowers on the other hand had an option to avail EMI moratorium making it beneficial over rental payouts. […]
Indian Millennials Are Now Showing A Desire To Buy Homes
Demand for buying homes among Indian millennials has increased compared with pre-pandemic levels, as mortgage rates hit a multi-decade low, and more of them expect to work-from-home regularly or permanently in the future, according to executives from leading real estate companies. This demand is in part being driven by millennials […]
Few Festive Treats For Home Buyers Make This Diwali A Dull And Drab Affair
In another dull festive season the number of residential units launched is expected to fall by 20% over last year’s tallyof 73,034. Few developers are unveiling new projects. Some like Sunteck Realty, which is looking to roll out apartments in Mumbai’s central and western suburbs, are awaiting RERA approvals. Godrej Properties and Oberoi […]