India’s real estate segment has remained resilient during the pandemic period. Buoyed by conducive government policies, central bank support, stricter regulations, tax reliefs, stamp duty reductions, and easy investment opportunities, the year 2020 ended on a high note as the market reflected signs of recovery from the lockdown impact with […]
Unstinted Investors Support Will Keep The Commercial Real Estate Going
With the second wave of COVID-19 hitting the country hard, small and medium sized developers are struggling for survival but big listed developers, especially the listed ones, seem to be growing in strength. Most larger, organised and branded players are leveraging the advantage of better cash flows, operational efficiency, dependence […]
COVID-19 Second Wave Forced Developers Into Giving Time Off To Their Employees To Tackle The Pandemic
Besides stepping forward to set up COVID war rooms and helping out with augmenting medical infrastructure to cope with the second wave, real estate developers are also granting their employees time to beat the pandemic blues. Mumbai-based K Raheja Corp has set up a centralised 24×7 Covid War Room backed […]
Have A Look At 5 Cash Transactions That Can Get You Income Tax Notice
The Income Tax Department and various investment platforms like bank, mutual fund houses, broker platforms, etc. have been discouraging cash transaction by tightening their rules for public in general in last few years. The Income Tax Department may send notice to the violator now as days in case of slight violation as these […]
Rising Affordability Makes It The Best Time To Invest In Residential Real Estate
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 […]
Commercial Real Estate Occupiers Put Their Leasing Plans On Back Burner In Wake Of The Second Wave Of COVID-19 Pandemic
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 […]