The resurging COVID-19 pandemic has posed many questions for NRIs who own properties in India or plan to buy one: Has it increased the their emotional connect with their home country and prompted them to spend precious dollars in Indian properties? Are they shopping for real estate for investment or […]
Realtors Pin Their Hope On Festive Season As Top Cities Warm To Housing Sales
Enthused by the rising housing sales in recent months amid Coronavirus scare, developers seem to be quite upbeat on this festive season. Various recent reports published by property consultants already point to the green shoots of revival in residential real estate. According to a recent report by ANAROCK Property Consultants, […]
Financial Strain Experienced By Real Estate Developers In The Times Of COVID-19
The real estate sector was caught in a conundrum last year with flattening demand, a challenging funding environment, and increasing compliance-based costs. The onset of the pandemic exposed the fragile financial health and business models of real estate developers in India. The financial health of developers in the preceding 12 […]
Government Sets Up $ 3.5 Billion Fund for Completing Stalled Housing Projects
The government of India has set up a $ 3.5 billion fund to complete stuck housing projects. The fund will ensure the completion of 16 projects or more than 4000 homes in the financial year starting from 1st April. The announcement of this special fund ‘Special Window for Completion of […]