Globally, no industry has remained unscathed from the onslaught of the COVID-19 outbreak. India is no exception, considering that the country was placed in what will be known in history as the world’s largest lockdown. However, as with every serious situation, there is light at the end of the tunnel. […]
Survey Suggests That Housing Is The Most Preferred Investment Option During Covid-19
The Covid-19 pandemic – in more ways than one – has altered the way we live, think, work, or even socialize with people around us. And among the key noticeable trends, the residential sector is all set to embark on a different growth trajectory with ‘home ownership’ gaining significant preference […]
Mani Rangrajan Opines That Though Corona Virus Has Impacted Housing Sales Badly, Yet Only The Premium Segment Might Witness Any Price Cut
The current nationwide lockdown imposed in view of the Covid-19 crisis has adversely impacted the real estate sector, including proptech companies. Sales have been badly impacted in the past one month. As regards to queries, with most of the people remaining confined to their homes, they are searching online, which […]
Corona Virus Lock Down: Things You Should Know If You Have Purchased A House Under Subvention Scheme
What will happen to subvention schemes in COVID times? Will developers currently strapped for liquidity be able to service their commitment? Real estate experts caution that several builders may find it tough and may even default on their interest payment commitments with sales and cashflows drying up due to the […]
Survey Points Out That Potential Homebuyers Expect Correction in Property Prices after lockdown
Around 90 per cent of prospective homebuyers expect prices to fall due to adverse impact of COVID-19 outbreak, according to a survey by real estate classified platform 99acres.com. According to the survey, 40 per cent of the total prospective homebuyers, who were searching flats for purchase before lockdown, have postponed […]
Commercial Real Estate Industry After Corona Will Be A Type Of Vaccine
A couple of years back when the government setup the Smart City Mission, the word “Social Distancing” was never heard and no pandemic of such scale ever considered. The current pandemic and the specific hotspots clearly indicate that it is imperative to do a major urban city extension programme to […]