As I write this, the novel Coronavirus has infected lakhs of people with the death toll of over 1.30 lakh. As the CEO and Co-founder of a real estate investment platform, I often get asked the question ‘How does this affect real estate investing?’ As most of the world goes […]
The Outbreak Of Corona Virus Has Led To The Disappearing Of Migrants That Has Affected Affordable Housing Big Time
Among the many sectors hit with the COVID-19 health crisis, affordable housing too will see a major dip in 2020. Around 6.1 lakh affordable units (priced below R40 lakh) were under construction across seven cities until the lockdown was announced, a real estate report mentioned. This is over 39 per […]
Coronavirus Lockdown 2.0 Guidelines Is All About Conditions That Are Important For Restarting Construction Activity
Offering some relief to the construction sector, the government on April 15 relaxed guidelines for lockdown 2.0 permitting some construction activity in the non-COVID-19 hotspots starting April 20. However, this is only provided strict social distancing guidelines are followed and construction workers are locally available on the site. Real estate […]
Is It The Time When India’s Real Estate Price’s Will Finally Face A Reality Check?
A reality check on real estate prices in India often comes through a process known as ‘time correction’, rather than a drop in absolute prices. Time correction refers to a situation where real estate prices remain stagnant for some years, while inflation and incomes rise, thereby resulting in improved affordability. The unprecedented […]
A Difficult Procedure
The affordable category has been the saviour of the housing sector, which is experiencing its worst phase in the past five years. One major hurdle faced by lower middle class and EWS citizens is the cumbersome procedure in getting construction plan approved by local authorities. Since it is mandatory to […]