Second Wave Puts A Lid On Home Sales, Project Launches

On May 3, 2021May 3, 2021 By smc

The recovery in home sales and project launches has sharply slowed down due to the second covid wave, as homebuyers stayed away from site visits and postponed transaction closures. In states such as Maharashtra, which has India’s most valuable property market, the Mumbai Metropolitan Region (MMR), the withdrawal of the […]

Know The Real Estate Transfer Procedure Of The Deceased

On May 3, 2021May 3, 2021 By smc

Given the high value of the real estate, the beneficiaries must secure the asset on the death of the legal owner. There is a legal procedure to get the property transferred in the name of the legal heirs or beneficiaries. Here’s how you can go about it. CHANGE OWNERSHIP If […]

New Commercial Leasing Activity May Be Hit By The Second Wave Of COVID-19 Pandemic

On April 30, 2021May 1, 2021 By smc

Google may have globally saved a billion dollars by exiting office spaces and cutting down travel of employees with the focus being on work-from-home, but it also plans to return to office later this year. A report by Bloomberg, quoted its Chief Financial Officer Ruth Porat as saying that the company is […]

Is ‘By the slice’ Pizza the next revolution in commercial real estate investment?

On April 30, 2021May 1, 2021 By smc

Long before Domino’s and Pizza Hut existed in Mumbai there was a pizza chain called Smokin’ Joe’s. It served pizzas that were amongst the best in the late 90’s and early part of the millennium. Pizzas were considered exotic then and since they were large, the price was outside my […]

Real Estate Developers Play Good Samaritans. Some Assit With Hospital Infrastructure While Some Bear COVID-19 Vaccination Cost For Home Buyers

On April 30, 2021May 1, 2021 By smc

Real estate developers have stepped forward to help local authorities with a slew of measures such as providing medical infrastructure by tying up with local hospitals and funding for oxygen generators to cope with the second wave of COVID-19. A Mumbai-based developer has also gone a step ahead by deciding […]

2 Out Of 3 Global Office Space Occupiers Intend To Enhance Their Party Portfolio In The Coming 3 Years

On April 28, 2021April 29, 2021 By smc

COVID-19 is expected to influence the medium-term real estate strategy of several global office space occupiers. Around 67 percent of Indian respondents opined that the pandemic would influence the next three years in terms of real estate strategy. And 71 percent expect to see an increase in their real estate […]