The real estate sector in Mumbai and its surrounding areas is unlikely to recover this year, according to builders, experts and homebuyers, as the industry battles its slowdown and an economy battered by the Covid-19 pandemic. The problems are multi-fold: Construction sites wear a deserted look owing to around 60% […]
Builders In Maharashtra Will Now Offer Zero Stamp Duty To Those Purchasing Homes
Days after the Maharashtra government decided to temporarily reduce stamp duty on housing units from 5 percent to 2 percent until December 31, 2020, to boost the stagnant real estate market, NAREDCO, the national body of real estate sector, has decided to give a zero stamp duty booster to homebuyers. […]
Reducing Taxes Will Ensure The Growth Of Demand That Will Bolster Revenue: Hiranandani
The realty sector, which was languishing since the government’s demonetization drive and the rollout of the goods and services tax (GST) and Real Estate Regulatory Authority (RERA), was dealt yet another blow due to covid-19. While the sector contracted 5.3% in the June quarter compared to 6% growth in the […]
COVID-19 Will Ensure That The Masses Use Public Spaces In A Different And New Way: Bharti Realty CEO
Bharti Realty, the real estate arm of Bharti Enterprises, has developed and is currently managing five million square feet of commercial real estate space across, including Delhi, Gurgaon, Kolkata, Ludhiana, Bangalore and Chennai. Some of its projects include, Bharti Crescent in the Capital and Aerocity in Gurgaon. The company’s whole […]