Slashed Real Estate Premiums Will Generate Economic Activity To The Tune Of Rs. 10 Lakh Crore In MMR: CREDAI MCHI

On January 28, 2021February 9, 2021 By smc

Maharashtra government’s decision to reduce real estate premium by half is expected to generate economic activity worth Rs 10 lakh crore in MMR, real estate industry body Credai MCHI has said. CREDAI MCHI also estimates that the premium reduction will help residential real estate new launches make a comeback in […]

Real Estate Expects Something Big In This Year’s Budget

On January 22, 2021February 9, 2021 By smc

Hit hard by the Covid pandemic and the subsequent lockdowns, the nation’s real estate sector is betting big on this year’s budget for revival of fortunes. Given that the sector contributes more than 8% to the Indian economy, it has justifiable expectations from the Budget 2021. Industry experts say this […]

Do You Know How Much The Value Of Plush Properties Have Taken A Beating in Mumbai & Delhi, NCR Because Of COVID-19?

On January 21, 2021February 9, 2021 By smc

For almost a year, Abhinav Sagar (name changed), a construction material dealer, had been hunting for a high-end property in Mumbai. In August 2020, he settled on a 400 sq m ready-to-move-in residential unit in Malabar Hill for around Rs 50 crore and registered it two months later at a […]

Bribal Starts To Make Sense While Understanding Real Estate In 2020

On January 20, 2021January 20, 2021 By smc

What do you write about a year that’s been anything but ordinary? How do you begin to describe its impact on just one sector when the pandemic has equally impacted everyone? Still, this is an attempt, to sum up how real estate fared in 2020 compared to 2019, and to […]

Are You Investing In A House That Is Too Small In Mumbai?

On January 20, 2021January 20, 2021 By smc

There is an emerging trend in Mumbai real estate as apartment owners – after receiving possession of their flat – are opting to stay on rent rather than in their own home. The reason happens to be the space. Homes that appeared to be worth living at the time of […]

RERA Has Revived The Homebuyers Interest In The Real Estate Sector

On January 20, 2021January 20, 2021 By smc

Consumer protection is an article of faith for the Narendra Modi government. Consumers are the fulcrum of any industry, the protection of whose interests is central to its growth and development. Within one-and-half-years of assuming office, the Modi government enacted the Real Estate (Regulation and Development) Act (RERA), which had […]