Favourable demographics, improved affordability of residential properties and historically low mortgage rates are pushing the demand for home loans, mortgage lenders said. Several major banks, mortgage companies and housing finance companies have significantly reduced their interest rates on home loans during the festival period to encash revival in housing demand after the second wave of […]
In the housing markets in Gurgaon and Faridabad, independent floors are gaining more traction than highrise apartments. This reversal of trend is being attributed to a change in buyer preferences due to the pandemic and other benefits such as shorter possession time, more area and privacy. As per a report by Anarock — a real […]
The second wave of coronavirus caused a setback to the real estate sector including the residential and commercial segments. However, the developers were in a better position this time as compared to last year, and as a result of better preparedness, the COVID impact was limited. The cases are declining along with gradual rise in […]
Here are reasons why the demand for luxury housing did not get impacted due to the lockdown and why the demand will witness a consistent rise in the future. Real estate has always been considered to be a growing industry; it is also the safest and most trustworthy investment in the present market conditions. Residential real […]
However, in the absence of additional measures, the recovery period post the second wave may get elongated, thereby placing higher stress on developer cash flows, especially for the smaller ones. The residential realty sector has recorded one of its best quarters in Q4 FY2021, with sales across the top eight cities nearing 85 million square […]
The report ascertains the suitability of cities on the basis of factors such as population density, open area ratio and hospital infrastructure. Gurugram is the most suitable city to live in during COVID-19 times considering factors such as population density, open area ratio and hospital infrastructure, a new report by Square Yards titled Suitability Index: […]
Despite the pandemic, India’s commercial realty is attracting investors looking for safe growth. Triggered by strong fundamentals, infrastructural developments and conducive policy reforms, the Indian commercial realty has been embarking on a higher growth trajectory, contributing significantly to the country’s economic story. It has attracted equity investments worth over $15.4 billion since 2011, as revealed […]
Larger homes are not just a preference but a necessity in a work-from-home and study from home environment in COVID-19 times. Sales in the 3BHK category have increased due to homebuyers’ preference for larger homes even in peripheral locations. The sale of 3BHK housing units has increased by 19% on a year-on-year basis, according to […]
Century Textiles & Industries is diverting its focus onto the real estate business and has lined up Rs 1,000 crore for capex this fiscal for its ongoing and upcoming projects. Century Textiles & Industries, which runs three business verticals — paper & pulp, realty and paper tissues, and nets over 70 per cent of the […]
The Haryana Real Estate Regulatory Authority has issued new guidelines for the sale of a building or an apartment in any real estate project. As per the new guidelines the real estate agent or the promoter can sell the property on carpet area basis regulations only. Earlier the real estate agents or the promoters were selling the […]
