The Maharashtra government’s decision to reduce stamp duty on registration of properties has helped boost housing sales in the Mumbai region during this pandemic and other states should follow suit to give a filip to the real estate sector, Naredco President Niranjan Hiranandani has said. In an interview with PTI, […]
Housing Demand To Gain Momentum In 2021 As Home Ownership Becomes Top Priority
The current year 2020 has been very challenging for real estate because of the worldwide impact of the Covid-19 pandemic and the resultant lockdown. However, with homebuyers and investors returning to the market in recent months and some new trends emerging, 2021 certainly looks promising for the sector. According to […]
Property Registration Started In Noida But Stamp Department To Catch Up With Revenue Target
Though more than half the financial has already passed, the Noida registry department has collected only 750 crore this fiscal so far, who is not even half of its annual target of 3,148.45 crore, even though the registration of properties has increased ever since the lockdown restrictions were eased. According […]
Commercial Segment Will Take Real Estate To Glory In 2021
The Indian commercial real estate has been on investors’ radar over the past few years owing to its strong fundamentals and resilience. According to an estimate, it has attracted to the tune of USD 15.4 billion of equity investments since 2011. Owing to the strategic location and infrastructural developments, NCR […]
Affordable Housing Set To Boost Realty Growth In 2021
2020 started on a positive note with the real estate sector hoping to improve upon the mix bag performance of 2019. The first heartbreak came when the Union Budget 2020-2021 almost neglected the real estate sector, barring some good tidings for the affordable segment. The sector took respite in the […]
Fitting Out Offices May Become Costlier In 2021: JLL
With people returning to work, workplaces are being modified to ensure de-densification and incorporation of touchless technologies to ensure a safe and healthy workplace. It is due to this reason that firms are expected to pay more to redesign or upgrade their workspaces in 2021, even while many are trying […]