In a big boost to the residential real estate market, housing sales in Delhi-NCR witnessed a 50% surge in the April-June quarter according to a report by property brokerage firm PropTiger. Despite the second wave of coronavirus, the region registered sales of 2,828 units in this quarter against 1,886 units in the year-ago period. Confirming […]
Industry experts feel that this is the right time to buy a house because buyers are likely to get better deals and prices may go up in the near future. The COVID-19 crisis has dealt a major blow to the real estate sector. The home buying cycle has been massively impacted, and transactions continue to […]
Property rates increased by an average 38 per cent across seven major cities in the last decade as compared to 52 per cent rise during 2000-2009, according to property consultant Anarock. In the previous decade (2000-2009), the average housing prices rose to Rs 3,784 per sq ft in 2009 from Rs 2,490 per sq ft […]
Indian real estate builders cannot sell flats and homes below circle rates as income tax law does not allow that, realtors’ associations have said in response to Commerce Minister Piyush Goyal’s call to builders to lower home prices to clear inventories. Realtors body CREDAI and NAREDCO, which together have 25,000 members, said there is an […]
The survey was conducted among 200 developers and property consultants in Delhi, Gurugram, Faridabad and Ghaziabad, it said. The OLX Delhi-NCR Realty Survey attributed the optimism regarding prices to expectations among builders that regulatory developments will improve transparency in the system, eventually boosting the confidence of buyers and sellers at large. A total of 75 […]