Days after the Maharashtra government decided to temporarily reduce stamp duty on housing units from 5 percent to 2 percent until December 31, 2020, to boost the stagnant real estate market, NAREDCO, the national body of real estate sector, has decided to give a zero stamp duty booster to homebuyers. […]
COVID-19 Pandemic Revives unanticipated Interest For Senior Living Category
The Covid-19 pandemic and subsequent lockdown has provided an unexpected boost for realty companies in the senior living segment. This has emerged a growth segment in an otherwise depressed residential segment. India will be home to 17.3 crore senior citizens by 2026 and realty developers are looking at senior living […]
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 […]
Is It Worthwhile For The Homebuyers To Wait In The Hope Of Property Prices Falling Further?
The covid-19 crisis has hit the residential real estate sector hard. Prices of properties across some of the costliest cities such as Mumbai have corrected at least 10-15%, according to various reports. Also, sales in the first half of 2020 declined 49% across the top seven cities compared with the same period last year, […]