India’s real estate sector –both the residential as well as the commercial segment – has been impacted by the Covid-19 pandemic. The industry will need to reconsider pre-crisis priorities and accelerate new strategic initiatives to adapt to a “next normal”, according to a report by global realty firm JLL. “Real […]
Developers are Thinking Of Maintenance Charges Discount, Waivers for Tenants: Report
Several real estate developers in the commercial property segment are planning to offer discounts or waivers in common maintenance charges to their occupiers. However, there are no visible trends in favour of rental deferment or discount until now across top seven Indian cities, said a JLL India report. Despite government […]
Is Price adjustment In Real Estate A Possibility? Take A Sneak Peak At Delhi, NCR, Pune And Bengaluru Markets
New Buyers and Investors: The world is going through a big transition, the transition of sorts that will change the way humans interact with their surroundings and the different elements that are part of it. Real estate as an industry plays a vital role in building these surroundings and spaces for […]
7 Of These 8 Cities Will Keep Drawing Big Real Estate Investments
More than 80 percent of India’s real estate resides in the top 8 cities of India: Mumbai MMR, Delhi NCR, Bengaluru, Chennai, Hyderabad, Pune, Kolkata and Ahmedabad. Historically, these cities have driven commerce and growth in India through burgeoning sectors like IT/ITES, financial services and age-old presence of manufacturing, and […]
The Prima Dona Of Mumbai’s real Estate Offers 20% Rebate on Properties
One of the leading builders in Mumbai has decided to offer residential units at a 20 percent discount in a sign that the crushing slowdown wrought on real estate by the coronavirus pandemic might be finally forcing companies to mark down property prices. Hiranandani Group, that has undertaken construction of […]
The Difference Between Circle Rate And Average Market Price Shrinks In Tier One Cities
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 […]