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 […]
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 […]
Real Estate Calamity Intensifies As Housing Sale Plummets Over 80% in Q2 2020
India’s real estate sector is going through a serious crisis due to the economic shock triggered by coronavirus crisis. Housing sales have plunged over 80 per cent in the second quarter of 2020 in comparison to the figure in the corresponding quarter last year, according to research conducted by ANAROCK […]
Is Price adjustment In Real Estate A Possibility? Take A Sneak Peak At Delhi, NCR, Pune And Bengaluru Markets
New Buyers and Investors: The world is going through a big transition, the transition of sorts that will change the way humans interact with their surroundings and the different elements that are part of it. Real estate as an industry plays a vital role in building these surroundings and spaces for […]
7 Of These 8 Cities Will Keep Drawing Big Real Estate Investments
More than 80 percent of India’s real estate resides in the top 8 cities of India: Mumbai MMR, Delhi NCR, Bengaluru, Chennai, Hyderabad, Pune, Kolkata and Ahmedabad. Historically, these cities have driven commerce and growth in India through burgeoning sectors like IT/ITES, financial services and age-old presence of manufacturing, and […]
Lockdown Impact: As Families Get Time To Spend Together At Home, Developers Witness Growing Buyer Interest
The Covid-19 pandemic has had an unexpected impact on the residential real estate market. With families spending more time at home during lockdown, organised real estate players have noticed a rising interest from buyers. Also looking at the property market rather seriously are non-resident Indians, who are seeking digital presentations […]