The status of the real-estate sector signifies the health of an economy as it accounts for almost 7% of the GDP and employs around 15% of the total workforce with a multiplier effect on 270 ancillary industries. The second-largest employer in the country is expected to touch a market size […]
Recovery In Real Estate Leaves A Positive Effect On Sales Of Affordable Homes: Survey
The COVID-19 pandemic affected the residential property market during the April-June period last year but sales have improved in affordable homes segment since July onwards, reflecting economic recovery in the real estate sector, according to the Economic Survey. The National Housing Bank’s (NHB) Housing Price Indices (HPIs) are a broad measure of movement […]