Resilience stood out as the hallmark of the real estate market in 2019 amid all-round economic slowdown. Propelled by reforms across several sectors, India travelled several notches up on the ‘ease of doing business’ metrics to be ranked 63rd in the 190-nation ranking. This holds out hope for the year […]
Affordable Housing Will Continue To Prosper in 2020
A total of 65,799 housing units were sold during the quarter ending September and nearly half the units that were sold during the quarter are affordable homes. It is down, but certainly not out. Amid the challenging global economic environment, the stellar growth of Indian economy has also come under […]
Naredco’s recently Launched Portal Includes Ready To Move Property Only
In order to boost sales and home buyers sentiments, real estate developer’s body National Real Estate Development Council (NAREDCO), launched a real estate portal—www.HousingForAll.Com on 14 January, 2020. This portal will offer only ready-to-move- in properties having occupation certificate or building completion certificate, located anywhere in India to potential home […]
Indian Real Estate Attracted Over $6.06 Billion Investments in 2019 Led by Office Segment
Global investors continued investing in Indian real estate despite slow sales momentum in residential segment as demand for office properties sustained and offered them superior returns. Indian real estate attracted over $6.06 billion investments in 2019 led by office segment fetching more than 40% of the total funds deployment. Among […]
Mappletree Purchases 8 Acres of Land. Will Develop Office Space in Pune
Singapore-based Mapletree Investments Pvt Ltd has acquired a prime 8-acre land parcel in Pune for Rs 170 crore from a joint venture firm of real estate construction company Vascon Engineers Ltd. Vascon Engineers, in a stock exchange filing, said: “Ajanta Enterprises, 50% joint venture of Vascon Engineers, has successfully concluded […]