The pandemic appears to have made the average city resident realize the worth of his home, which is now doubling up as office. And since that arrangement is unlikely to change in the foreseeable future, home buyers are looking for bigger units – to ensure adequate space and comfort. The […]
Magicbrick’s Report Talks About The Steps To Recover For Real Estate
As the Indian economy is slowing getting back to a ‘new normal’ following the Covid-19 outbreak, green shoots have also emerged in the real estate sector with home buyers returning to the market — though in lower numbers — across tier- 1 cities, reveals the recently released Magicbricks’ Propindex Report […]
Going Down Are Luxury Real Estate Rates in Mumbai
Luxury apartments on the block in Mumbai’s upscale localities are seeing a steady stream of inquiries but few takers, as prospective buyers are seeking deep discounts that sellers are unwilling to offer. According to property brokers, prices have not softened to buyers’ expectations, but deals are expected in the coming […]
COVID-19 Effect: Real Estate Launches Fall By 56% in H1 20202: ANAROCK
On account of the nationwide lockdown imposed from the last week of March, new launches declined 56 percent in the first half of 2020 to 42,610 units. Going forward, consolidation among realty players will increase with branded players gaining a market share of almost 75 percent, a recent report by ANAROCK […]