The recent spike in COVID-19 cases in the country and fears of second wave might hamper the recovery in the real estate sector witnessed in the last six months, an analysis by CARE Ratings has said. Even with the Maharashtra government, not extending the window of low stamp duty benefit […]
Financial Strain Experienced By Real Estate Developers In The Times Of COVID-19
The real estate sector was caught in a conundrum last year with flattening demand, a challenging funding environment, and increasing compliance-based costs. The onset of the pandemic exposed the fragile financial health and business models of real estate developers in India. The financial health of developers in the preceding 12 […]
Government Sets Up $ 3.5 Billion Fund for Completing Stalled Housing Projects
The government of India has set up a $ 3.5 billion fund to complete stuck housing projects. The fund will ensure the completion of 16 projects or more than 4000 homes in the financial year starting from 1st April. The announcement of this special fund ‘Special Window for Completion of […]
Here’s Why NCR Is A Top Real Estate Destination For NRIs
Driven by stable prices, depreciating rupee and good deals offered by developers, residential properties – particularly luxury homes – are showing good traction from NRIs, even during the times of pandemic. According to a recent consumer survey by ANAROCK, Bengaluru has emerged as the most favourite investment destination for 24% […]
Here’s How Delhi – Dehradun Expressway Will Up The Value Of Real Estate In The Area
The new economic corridor between Delhi and Dehradun was announced by the Union Minister of Road Transport and Highways Nitin Gadkari in February. The 210-kilometer, six-lane express highway project, which is expected to be awarded by August 2021, will be completed by 2023. The Delhi-Dehradun Expressway will reduce travel time […]