The average market prices quoted by developers across major Indian cities are 6 percent to 75 percent higher than the government-prescribed circle rates, the value at which stamp duties are paid and properties are registered, said real estate consultant Anarock. The report comes in the background of heavy speculation that the […]
Builders Reduce Prices, Offer Seductive Deals To Push Sales
In a sluggish market, property players are dropping prices and sweetening deals in the hope of pushing sales to prospective homebuyers. Developers are hoping demand could pick up in the suburbs and peripheral areas as more people opt to work from home. Even the biggest brands are making off-season offers […]
Wealth Accumulation in Real Estate is More Consistent Than Other Asset Classes: Hiranandani
Covid-19 has ensured that paradigms are set to change in the real estate sector with the industry evolving in new ways, according to Niranjan Hiranandani, Co-Founder of realty major Hiranandani Group. The executive says the fundamental assumptions of CEOs and executive teams about markets, customers, supply chains, the workplace, technology […]
Will It Be Wise To Invest in Property After Lockdown?
Due to the COVID-19 pandemic, an economic crisis engendering high volatility in the capital markets is leading to investors losing their hard-earned money, at least for the time being. Most of the sectors have been badly affected due to the COVID-19 economic crisis. According to analysts, property prices after have declined […]
One Year of Modi 2.0: Real Estate Sector witnesses long-term initiatives But Steps To Boost Housing Demand Is Missing
When the Modi government took over for the second time last year, the performance of the real estate segment was muted owing to the prevailing liquidity crunch, high inventory overhang, weak affordability and subdued demand conditions. However, interest rate cuts and focus on affordable housing, not to mention the creation […]
Corona Virus: CREDAI Communicates With PM, Asks For Instant Relief For Real Estate
The Confederation of Real Estate Developers Association of India (CREDAI) on Monday in an open letter to Prime Minister Narendra Modi sought immediate measures to revive the real estate sector. “In this distressful situation arising out of the COVID-19 calamity, we in the real estate sector seek immediate relief for our survival,” […]