The Covid-19 pandemic – in more ways than one – has altered the way we live, think, work, or even socialize with people around us. And among the key noticeable trends, the residential sector is all set to embark on a different growth trajectory with ‘home ownership’ gaining significant preference […]
Corna Virus Effect: Will The Force Majeure Will Bail Out Builders, Home Buyers
The real estate sector has been struggling to come to terms with the impact of the adverse market conditions, not to mention the recent changes in legislation. And now, it is also facing the brunt of the lockdown caused by the coronavirus outbreak. Undoubtedly, the sudden outbreak of coronavirus, supplemented […]
Covid Lock Down: A Depressing Saga Of NCR Realty
Over 68,000 houses, that were to be delivered to buyers in 2020 in the Delhi-National Capital Region (NCR) are unlikely to be completed due to the halt in construction activity during the nationwide lockdown and the national green tribunal ban (NGT) during the November-December 2019 period, leading real estate developers and consultants told ET. And the […]
This Is How The Prices Of Real Estate Might Turn Out One Dust Settles On COVID 19
Like every other segment of the economy, the Indian real estate sector too is reeling under the deadly impact of the coronavirus pandemic. But like it is with every crisis, this pandemic too may throw up opportunities for buyers as several cash-starved developers with unsold inventory may be forced to […]
Noida’s Realty Sector Receives Help Assurance From The UP Industry Minister
The Uttar Pradesh industry minister Satish Mahana has assured developers that the state government will address the crisis in the real estate sector in Noida, Greater Noida and Yamuna Expressway areas due to the nationwide lockdown in the wake of the Covid-19 pandemic. Mahana interacted with developers through video-conferencing to […]
Mani Rangrajan Opines That Though Corona Virus Has Impacted Housing Sales Badly, Yet Only The Premium Segment Might Witness Any Price Cut
The current nationwide lockdown imposed in view of the Covid-19 crisis has adversely impacted the real estate sector, including proptech companies. Sales have been badly impacted in the past one month. As regards to queries, with most of the people remaining confined to their homes, they are searching online, which […]