Notwithstanding the uncertainty in India’s economy due to the impact of COVID-19, the real estate industry has witnessed a growth recovery in demand as property searches increased by 30-40% as compared to pre-Covid levels, showed property portal Magicbricks’ PropIndex for the quarter ended September. The previous edition of the Propindex […]

As Covid rages on and businesses re-calibrate their operations to survive the downturn, commercial real estate (CRE) is staring at a long road to recovery with remote working solutions like work from home (WFH) gaining prominence and employers struggling with safety and business continuity. Developers and market watchers suggest that […]

Real estate developers on Friday welcomed the RBI’s decision to lower risk weightage on housing loans, saying it would boost credit flow to the sector, but demanded that more steps should be taken to revive the industry. The RBI decided to rationalise the risk weights by linking them only with LTV […]

The RBI kept the repo rate unchanged in its October policy review on Friday, but announced some measures that are likely to encourage homebuyers and give a boost to lending and, thus, real estate. Industry experts say with real estate demand gradually seeing some green shoots of revival, especially in the wake […]

The real estate sector is perking up with home sales showing a 104 percent increase in the top seven cities of the country for the July-September period from the previous quarter, as Delhi and its suburbs top the shopping table, a report has said. As many 50,983 houses were sold […]