Uttar Pradesh government’s recent announcement about the construction of a Film City on a 100-acre plot along the Yamuna Expressway has sent ripples in the real estate industry. The experts have gone into overdrive trying to ascertain how it would boost the real estate industry in the area. Proposed Film […]
Bengaluru Property Market Is Faring Better Than Other Cities: Anarock
Residential sales in the quarter ended September indicate that the worst could be over for the real estate sector, and the festive season could see sales further picking up, Anuj Puri, Chairman, Anarock and MR Jaishankar, CMD at Brigade Enterprises, said in a discussion on the property market trends, on […]
Magicbricks PropIndex Points Out That The Demand For Residential Real Estate In Q3 Has Exceeded Pre-COVID Levels By 30-40%
Notwithstanding the uncertainty in India’s economy due to the impact of COVID-19, the real estate industry has witnessed a growth recovery in demand as property searches increased by 30-40% as compared to pre-Covid levels, showed property portal Magicbricks’ PropIndex for the quarter ended September. The previous edition of the Propindex […]
Long-Term Crisis: Work From Home Has Send Jitters To Commercial Real Estate
As Covid rages on and businesses re-calibrate their operations to survive the downturn, commercial real estate (CRE) is staring at a long road to recovery with remote working solutions like work from home (WFH) gaining prominence and employers struggling with safety and business continuity. Developers and market watchers suggest that […]
RBI’s Decision To Reduce Risk Weightage On Home Loans Is Lauded By Real Estate Developers
Real estate developers on Friday welcomed the RBI’s decision to lower risk weightage on housing loans, saying it would boost credit flow to the sector, but demanded that more steps should be taken to revive the industry. The RBI decided to rationalise the risk weights by linking them only with LTV […]