The COVID-19-induced crisis has undoubtedly impacted our day-to-day lives, and that may well be the understatement of 2020. The Coronavirus outbreak has not only derailed the global economy, but has also disrupted our habitual way of conducting business amidst the nationwide lockdown. As most of the population around the world […]
Recast Benefit On Commercial Real Estate Loans To NBFCs Extended By RBI
The Reserve Bank of India (RBI) on Friday extended the benefit of restructuring some commercial real estate loans (CRE) to non-bank lenders. As a result of the regulatory move, NBFCs will now be able to restructure loans to real estate projects where the date of commencement of commercial operations (DCCO) […]
COVID-19 Has Led To The Office Space Leasing In Q1 Going Down As Companies Put Their Decisions On Hold
Leasing of commercial real estate has started witnessing pressure as transactions in advanced stages are being pushed to the backburner given that corporates are focussing on Business Continuity Planning measures and put many real estate decisions on hold. For the quarter ended March, office space absorption across top 8 property […]
Knit Frank Survey Opines That Corona Virus Impact Has Led The Real Estate Sentiment To A Historic Low
With the COVID-19 crisis playing havoc on the economy and real estate sector, the current sentiment of the real estate stakeholders has dropped to an all-time low of 31 in the first quarter (January – March) 2020. The ‘future sentiment score’ outlining the market expectations has also dipped well into […]