The real estate sector was caught in a conundrum last year with flattening demand, a challenging funding environment, and increasing compliance-based costs. The onset of the pandemic exposed the fragile financial health and business models of real estate developers in India. The financial health of developers in the preceding 12 […]
Here’s Why NCR Is A Top Real Estate Destination For NRIs
Driven by stable prices, depreciating rupee and good deals offered by developers, residential properties – particularly luxury homes – are showing good traction from NRIs, even during the times of pandemic. According to a recent consumer survey by ANAROCK, Bengaluru has emerged as the most favourite investment destination for 24% […]
Here’s How Delhi – Dehradun Expressway Will Up The Value Of Real Estate In The Area
The new economic corridor between Delhi and Dehradun was announced by the Union Minister of Road Transport and Highways Nitin Gadkari in February. The 210-kilometer, six-lane express highway project, which is expected to be awarded by August 2021, will be completed by 2023. The Delhi-Dehradun Expressway will reduce travel time […]
Extend Stamp Duty Benefits” Real Estate Developers Of Maharashtra Plead The Government
Real estate developers have urged the government of Maharashtra to extend the prevailing stamp duty rebate that expires on March 31, 2021 by a year, saying that the move had improved homebuyer sentiment and increased property registrations. In a letter presented to Balasaheb Thorat, Revenue Minister, Maharashtra Government, CREDAI MCHI, […]
Can Mumbai’s Real Estate Be Ruled By Outsiders?
The Bangalore-based developer, Puravankara Limited, launched its first project in Mumbai a few weeks ago. Prestige Estates, another Bangalore focused developer, will be launching a project in the next few weeks in the commercial capital. The Kolkata-based Siddha Group is already doing two projects in the city. Salarpuria Sattva has […]