The office market in Delhi NCR witnessed a net absorption increase of 5 percent in Q1 2021 quarter-on-quarter (Q-o-Q), with 1.07 million sq. ft, according to JLL Office Market Update – Q1 2021. Noida contributed 55 percent of the net absorption, backed by strong pre-commitment in the new completions followed […]
Financial Strain Experienced By Real Estate Developers In The Times Of COVID-19
The real estate sector was caught in a conundrum last year with flattening demand, a challenging funding environment, and increasing compliance-based costs. The onset of the pandemic exposed the fragile financial health and business models of real estate developers in India. The financial health of developers in the preceding 12 […]
Here’s Why NCR Is A Top Real Estate Destination For NRIs
Driven by stable prices, depreciating rupee and good deals offered by developers, residential properties – particularly luxury homes – are showing good traction from NRIs, even during the times of pandemic. According to a recent consumer survey by ANAROCK, Bengaluru has emerged as the most favourite investment destination for 24% […]
Here’s How Delhi – Dehradun Expressway Will Up The Value Of Real Estate In The Area
The new economic corridor between Delhi and Dehradun was announced by the Union Minister of Road Transport and Highways Nitin Gadkari in February. The 210-kilometer, six-lane express highway project, which is expected to be awarded by August 2021, will be completed by 2023. The Delhi-Dehradun Expressway will reduce travel time […]