The recent tax relief announced by the government will help builders in clearing unsold inventory of residential units. It will also boost demand from home buyers as part of the stimulus package which is aimed at recovering the economy. The move involves modifying the Income Tax Act that will allow […]
Property consultancy Knight Frank’s latest proprietary Affordability Index, which tracks the EMI to income ratio for an average household, has shown improvement in housing affordability over the last decade. EMI is short for equated monthly installment. A decline in house prices coupled with low home loan interest rates have helped improve […]
The year 2019 witnessed the launch of the country’s first REIT, opening up new avenues for investing in A-Grade commercial office spaces. The maximum pain was experienced by the residential real estate sector largely due to the NBFC debacle and the resultant liquidity squeeze, and the slow pace of recovery […]
The COVID-19 pandemic threw life out of gear in 2020 and the real estate sector continues to grapple with it. It also left a mark on the workplace, flexible or otherwise. Both the workforce and workspace underwent a change with the work-from-home option bringing about a paradigm shift. Commercial real […]
The COVID-19 pandemic brought the term “new normal” into our lives, with all activities — from work to fitness to schools — shifting indoors, and online. And along with it, came a fresh realization — indeed there is no place like home. However, just like other industries, the construction sector […]
The coronavirus pandemic that almost crippled the fledgling real estate sector, spawned many new trends, including work-from-home (WFH) that has brought in a mixed bag of fortune for the real estate sector. Following the coronavirus onslaught, the long-drawn pan-India lockdown in June saw offices shutting down and people forced to […]
