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 […]
Noida’s Realty Sector Receives Help Assurance From The UP Industry Minister
The Uttar Pradesh industry minister Satish Mahana has assured developers that the state government will address the crisis in the real estate sector in Noida, Greater Noida and Yamuna Expressway areas due to the nationwide lockdown in the wake of the Covid-19 pandemic. Mahana interacted with developers through video-conferencing to […]
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 […]
UP RERA To Start Grading Realty Projects And Developers Soon
Homebuyers who are planning to buy a house in Uttar Pradesh will soon be able to factor in grades of developers and projects before choosing one. Uttar Pradesh Real Estate Regulatory Authority (UP Rera) will soon start grading projects and developers based on various parameters such as financial quality, organizational […]
Experts Opine That Affordable housing Will Be Worst Affected By COVID-19 Lock down That Has Led To The Suspension Of Work. Moreover, Cut Down Of The Property Rate Will Not Let The Demands Soar
Affordable housing will be the most affected due to countrywide lockdown imposed to arrest the spread of COVID-19, a cross-section of industry experts said on Thursday. Khushru Jijina, managing director of Piramal Capital and Housing Finance, said blue-collar workers will be the most impacted section. “Only if all of us […]