Year: 2020

In an exclusive interview with Moneycontrol, JC Sharma, vice-chairman and managing director of Sobha Group, talks to Vandana Ramnani about the challenges faced by the company during the pandemic, new residential trends that have emerged with the focus on work-from-home, how sales are almost back to pre-COVID level and the company’s future plans. […]

Housing and Urban Affairs Secretary Durga Shanker Mishra on Wednesday said the government will soon come out with the model tenancy law, giving a major boost to real estate sector especially rental homes. The ministry had in July 2019 floated the draft model tenancy law. Addressing a webinar organised by […]

While the housing sector in the Mumbai Metropolitan Region (MMR) witnessed a pick up in sales in the September-October period, brokers said there was more to it than meets the eye. Too woo homebuyers, developers have been showering offers, such as lower booking amount and a full refund on cancellation, […]

In the post pandemic world, India is slated to be the only other major economy alongside China to grow and flourish and to get a step closer to that goal, India needs a standardised property rights system to solve its current land record-keeping conundrum. A centralized land records system and […]

States should lower stamp duty to make houses more affordable to low-income families, a study by the Centre-backed National Housing Bank (NHB) has said. The revenue loss will be offset by the taxes they will generate by building additional houses under the Centre’s Pradhan Mantri Awas Yojana (PMAY) and Housing […]

Not only is the commercial real estate (CRE) segment facing dampened demand, it seems there are tougher times ahead as raising funds from private equity (PE) players promises to be a big challenge. The work from home trend has led to weakened demand for large office spaces, and rentals have […]