The COVID-19 crisis could cause a drop of 30-35 percent year-on-year in the sales of Mumbai properties valued at over Rs 10 crore. Overall, luxury housing units worth Rs 9,000 crore have been sold in the city since 2019, a report by Zapkey.com has said. The number of transactions in […]
DLF All Set To Make It’s Presence Felt In Mumbai – Chennai Residential Property Market After NCR
DLF, the country’s largest listed developer, could again diversify into residential-property markets such as Mumbai and Chennai after focusing on its home turf, the National Capital Region (NCR). The developer started concentrating on Delhi-NCR after selling some of its land parcels in cities such as Mumbai in 2012 to reduce […]
Real Estate Is All Set To Witness Better Days Courtesy Pent Up Demand That Would Rev Up The Festive Spirit
The adversities that loomed over India’s real estate sector during the period between April and June 2020 notwithstanding, it is now treading on a path that leads towards its eventual revival, all thanks to a perception and behavioral change caused by the world’s biggest health emergency that triggered the transformation […]
Opening up of J&K Real Estate Market has Property buyers sit up & take notice
Jammu & Kashmir has opened up its real estate market to everyone in the country. The new rules as notified by the government allow any citizen of the country to buy urban or non-agricultural land in Jammu & Kashmir which was earlier restricted only to the permanent residents of the […]
Demand for residential real estate surpasses pre-COVID level
Though the COVID-19 pandemic wreaked havoc on the Indian economy, the real estate industry has registered a growth in demand as property searches jumped by 30-40% when compared to pre-COVID levels. It would however be interesting to note that the buyers have shown a marked preference towards affordable and mid-segment […]