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 […]
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 […]
High Inventory Of Affordable Homes Anarock’s Blame Real Estate Developers: Anuj Puri
Poor quality and lack of infrastructure deterred buyers of affordable homes, which contribute the most to the unsold inventory, according to Anarock Property Consultants Pvt. Ltd. “Most of the unsold supply is at the periphery of the cities, built assuming people will move in despite absence of any social or […]
Enhanced Stamp Duty Will Inconvenience Home Buyers
JAIPUR: Buying houses will be dearer as the state government has proposed to increase stamp duty on registration of property by 1%. Though the state government decided to slash the district-level committee (DLC) rates by 10%, realtors believe this would not provide a big relief as these rates were increased […]