Latest Articles in real estate
Wave City To Invest Rs 10 crore In AI To Strengthen Amenities
The proposed investment would intends to implement technology and AI in any single real estate project in Delhi-NCR, the statement added
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MMR Unsold Housing Stock Falls 8% Y-o-Y Despite New Launches
• MMR’s y-o-y decline in unsold housing highest among major 7 cities in Q1 2021, – from 2,13,180 units as on Q1 2020-end to approx.1,97,040 units by Q1 2021-end • Despite ample new supply, MMR’s unsold stock decline amidst robust sales - approx. 14,820 units (highest of top 7 cities in Q1 2021 • Of approx. 20,350 units sold in MMR in Q1 2021, 68% in Mumbai, 18% in Navi Mumbai & 14% in Thane • Developers demand extension of stamp duty cut to sustain ongoing sales momentum
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Mumbai-Pune Expressway is the New Development Lifeline
The city's economy generates a lot of jobs which attract people from all over. Pune remains a dominant employment generator in India because it is driven by three major industries - manufacturing, IT/ITeS and services. These jobs attract people from other cities and rural areas, which in turn creates demand for housing. The only fitting response to this demand is real estate development.
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Government Interventions That Helped Indian Real Estate in 2020- And What's In Store for NRI Investors in 2021
Real estate has a multiplier effect on the Indian economy with several allied industries reflecting the changes in this sector. Recognizing this, the government announced several initiatives to encourage investment in the sector.
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Real Estate: Building a Digital Bridge to the New Normal Post Covid-19
Technology, a key to enduring the coronavirus pandemic and emerging stronger
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New Gurugram- The ‘Destination Next’ Of Real Estate In NCR
The presence of corporate hub in Manesar, Cyber Hub and Golf Course Road and Udyog Vihar and burgeoning retail spaces in the vicinity have given a fillip to commercial real estate.
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JLL’s latest Global Real Estate Transparency Index reveals significant improvement in India
• The country has bagged the 34th position on the Index and is one of the top improvers globally and regionally • It has also edged into the top 20 for Sustainability Transparency • India’s rank in World Bank’s ‘Ease of Doing Business Ranking’ improved significantly from 142 in 2014 to 63 in 2019
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Housing sales drop 81% y-o-y in Q2 2020, new launches by 98% - ANAROCK
Housing sales and new launches have plunged to a new low across India’s top 7 cities in Q2 2020. Latest ANAROCK research reveals that residential sales in the quarter plummeted by 81% on yearly basis in these cities – from 68,600 units in Q2 2019 to just 12,720 units in Q2 2020.
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Residential Real Estate: Emerging trends amid the COVID-19 crisis
The importance of owning a home has re-established itself amid the COVID-19 crisis, among other learnings of the unprecedented times that the world is facing today. In addition to avoiding the risks that come with living in a rented space, owning real estate is also seen as an important asset in one’s investment portfolio.
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Digital routes and Lucrative schemes spur sales in real estate during lockdown
The realtors attribute slew of factors including the strong digital presence to have helped the sector achieve the unthinkable. Developers or realtors of repute have been able to garner good sales as they smartly employed digital tools to reach out to the potential buyers.
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