As evidenced by ANAROCK’s recent COVID-19 edition of its consumer sentiment survey, homebuying sentiment is on a distinct rise. The world we live in has suddenly been sharply redefined. In times of unprecedented job insecurity, rent is a burdening expense, property ownership is a vastly more attractive investment rationale than […]
Rescuing Real Estate: Corona Shock Can Only Be Tackled If The Developers Undertake Bold And Agile Action
India’s residential real estate market has been battling multiple headwinds recently. The government-backed system clean-up through RERA, GST, demonetisation and the Benami Transaction (Prohibition) Act significantly impacted the housing sector. According to Knight Frank data, sales volume dropped by 10–15%, and new launches nosedived by 25-35% between 2014 and 2019, […]
6 Trends That Have Emerged In Residential Real Estate in The Times of COVID -19
The current lockdown owing to the coronavirus crisis has hugely impacted the world economy as well as a majority of sectors across the globe, including real estate. However, there lies an opportunity in every crisis, and Covid-19 looks no different. According to an ANAROCK Consumer Sentiment Survey — which was […]