Residential real estate is indeed the most affordable in today’s times. The phenomenon can be understood by simple comparison. IN FY2000 property prices on average were 5.9 times the annual income of a buyer. However, in FY2020 the property price was on average 3.3 times the annual income of the […]
Ever since the first wave of COVID-19 struck last year compelling corporates to put their employees in work-from- home mode, several corporates across the country have renegotiated rentals with their landlords. As companies reel under the second wave of the pandemic, they continue with reduced rentals carried forward from the […]
Four years after its implementation, as many as 63,583 real estate projects have been registered and 65,539 cases have been disposed of by the respective state RERA authorities, according to data released by the Ministry of Housing and Urban Affairs. Out of this, nearly 40 percent cases (approximately 26,510 complaints) […]
The office market in Delhi NCR witnessed a net absorption increase of 5 percent in Q1 2021 quarter-on-quarter (Q-o-Q), with 1.07 million sq. ft, according to JLL Office Market Update – Q1 2021. Noida contributed 55 percent of the net absorption, backed by strong pre-commitment in the new completions followed […]
