The slowdown in demand, which got accentuated with the pandemic, has hit the real estate sector hard because of which residential properties have seen a decline in prices of up to 15% in the national capital region. While the Delhi market, which is largely a resale market as there are […]
COVID-19 Will Ensure That The Masses Use Public Spaces In A Different And New Way: Bharti Realty CEO
Bharti Realty, the real estate arm of Bharti Enterprises, has developed and is currently managing five million square feet of commercial real estate space across, including Delhi, Gurgaon, Kolkata, Ludhiana, Bangalore and Chennai. Some of its projects include, Bharti Crescent in the Capital and Aerocity in Gurgaon. The company’s whole […]
COVID-19 Pandemic Revives unanticipated Interest For Senior Living Category
The Covid-19 pandemic and subsequent lockdown has provided an unexpected boost for realty companies in the senior living segment. This has emerged a growth segment in an otherwise depressed residential segment. India will be home to 17.3 crore senior citizens by 2026 and realty developers are looking at senior living […]
Millennial Home Loan Customers Rise By Almost 10 In The Times Of COVID-19
While the COVID-19 pandemic has impacted the real estate sector with many homebuyers postponing their purchase decisions, it is the millennial segment that is now looking for homes to buy rather than renting them, Rajan Suri, Business Head – Retail Assets, PNB Housing Finance told Moneycontrol. Almost 60 percent of […]
Market Instability Forces Builders To Defer Project Launches
Real estate developers are deferring launches of residential projects to next year or reducing the number of fresh launches due to overall instability in the market and higher demand for ready homes. The covid-19 crisis has added to the woes of the real estate sector which was already reeling under a […]
Is It Worthwhile For The Homebuyers To Wait In The Hope Of Property Prices Falling Further?
The covid-19 crisis has hit the residential real estate sector hard. Prices of properties across some of the costliest cities such as Mumbai have corrected at least 10-15%, according to various reports. Also, sales in the first half of 2020 declined 49% across the top seven cities compared with the same period last year, […]