Year: 2020

There is a tide in the affairs of men, which, taken at the flood, leads on to fortune. For India’s economic growth, the tide could soon begin to ebb and, if the government fails to act, much of the economy will find itself all at sea, ‘bound in shallows and […]

India is reviewing its foreign direct investment (FDI) policy for the real estate sector to see if 100% overseas investment can be allowed in completed projects. If implemented, this will allow real estate companies to monetise completed projects amid the ongoing liquidity crisis aggravated by the Covid-19 pandemic, thus helping […]

COVID-19 has led to inflows from both new and already booked sales having been adversely impacted and increased the stress levels on developer cashflows. This is expected to further accelerate the ongoing consolidation of the sector with larger, more established players gaining increased market share, an ICRA analysis has said. Sectoral […]

Housing sales in the country’s top eight cities fell by 54 percent year-on-year (YoY) to a decadal low of 59,538 units during the first half of 2020 on account of the COVID-19 pandemic, according to a Knight Frank India report. New launches also fell by 46 percent to 60,489 units. […]