The strong demand that has been witnessed in housing in the recent times has been surprising, feels HDFC Chairman Deepak Parekh. However, Parekh notes that the demand is not pent-up but structural in nature and will continue to stay. “The strong demand that one has seen for housing in the […]
Realty Projects May Get Delayed, Cash Flow Issues May Surface In The Second Wave Of COVID-19
The relentless rise in COVID-19 infections and stringent restrictions in major urban areas has clouded the outlook of real estate, particularly commercial properties that are feeling the heat of the growing work-from-home culture. Experts say restrictions in major real estate markets like Maharashtra and NCR will delay of projects as […]
COVID Second Wave May Spoil The Chances Of Any Recovery In Office Leasing Segment In CY2021: ICRA
The office leasing segment of commercial real estate sector had maintained stable credit metrics over FY2021 on the back of healthy collections, low-to-moderate impact on occupancies that had built-up in the later half of the year and a bounce-back in new leasing activity. But, the rising COVID-19 second wave across […]
COVID-19 Has Made Compact Housing Trendier In India
The worldwide impact of COVID-19 with its resultant lockdown has created a significant impact for the real estate sector. The impact is not just limited to low sales but has also changed the dynamics of the game. Demand for larger residential units have suddenly dropped due to many reasons, including […]
Reasons That Make NRI’s Sell Their Properties At Reduced Price
The resurging COVID-19 pandemic has posed many questions for NRIs who own properties in India or plan to buy one: Has it increased the their emotional connect with their home country and prompted them to spend precious dollars in Indian properties? Are they shopping for real estate for investment or […]
Realtors Pin Their Hope On Festive Season As Top Cities Warm To Housing Sales
Enthused by the rising housing sales in recent months amid Coronavirus scare, developers seem to be quite upbeat on this festive season. Various recent reports published by property consultants already point to the green shoots of revival in residential real estate. According to a recent report by ANAROCK Property Consultants, […]