Real estate sector in the Mumbai Metropolitan Region (MMR) continues to totter as work has started in hardly 40% of the construction sites. Acute labour shortage and monetary crises are cited as the reasons for the same. According to real estate firm Liases Foras, work has started in around 4,200 of the […]
Millennial Home Loan Customers Rise By Almost 10 In The Times Of COVID-19
While the COVID-19 pandemic has impacted the real estate sector with many homebuyers postponing their purchase decisions, it is the millennial segment that is now looking for homes to buy rather than renting them, Rajan Suri, Business Head – Retail Assets, PNB Housing Finance told Moneycontrol. Almost 60 percent of […]
Maharashtra Government Intends To Reduce Stamp Duty And Registration To Support Real Estate Sector
The Maharashtra government has decided to slash stamp duty and registration charges to boost the ailing property sector. State revenue minister Balasaheb Thorat has said that the developers body and various stake holders had approached him demanding reducing the stamp duty and registration charges. He said that presently the Maharashtra […]
Rising Investment Trends In Real Estate With Change In Urban Life Style
Between 2010 and 2015 there was a wave of second homes in and around Mumbai. Places like Lonavala, Alibaug, Shapur, Boisar etc. suddenly emerged as hot destinations. Many leading developers, including Tata Housing, Mahindra Life spaces, Lodha Developers, Hiranandani group etc., ventured into these new hotspots with a range of housing products. At […]