The current expansion pipeline of approx. 92.5 mn sq ft clearly indicates that strong, listed developers will continue to dominate the new residential supply and accelerate their market share gain. Spurred by improved economic growth, infrastructural developments, lower cost of living, attractive real estate prices, and work from home dynamic, demand for housing is rising […]
Move by HaryanaReal Estate Regulatory Authority, (HRERA) to regulate the sale of apartments/Floors only on the basis of carpet area comes out as a big relief to the homebuyers. Considering the objectives and intentions of the Real Estate (Regulation and Development) Act, 2016 [RERA] and the Rules made thereunder, it was felt that it was the need […]
Women are taking bigger home loans, according to a primer on Home Loan Refinancing In 2021 by BankBazaar. In FY20, the average home loan ticket size taken by women was Rs 29.78 lakh. In FY21, the number went up marginally by 7.41% to Rs. 31.98 lakh. This uptick is driven by the changes necessitated by the […]
The impact of lockdowns globally, created Covid distress and raised the significance of investing in Indian real estate simply on grounds of safety, security and stability amidst the globally challenged scenario. From a wealth-creation perspective, the Covid-19 pandemic and the resultant economic impact across global economies has created opportunities in the real estate sector which […]
Real estate sector is one of the core sectors in the economy in terms of its contribution to GDP, employment of labor force and the multiplier effects it has on other vitals of the economy. However, despite its fundamental importance to the economy, this sector has been plagued by delays, fraud, cheating, and imbalance of […]
Realty major DLF Ltd has sold 551 luxury independent floors in Gurugram since October last year for over Rs 1,200 crore and is planning to launch more such residential units this fiscal to encash strong demand, a senior company official said on Sunday. In an interview with PTI, DLF Home Developers Ltd Senior Executive Director […]
Business conglomerate Shapoorji Pallonji’s housing platform Joyville sold properties worth around ₹1,100 crore in the last financial year, double from the previous year, on strong demand for its apartments amid low-interest rates on home loans, a top company official said. Joyville, which is a ₹1,240 crore platform established by Shapoorji Pallonji, ADB, IFC and Actis, […]
Developers are carefully gauging the situation before starting new projects and if there is a third wave, they will definitely tread with caution, say experts With the second wave of COVID-19 abating, will real estate developers who adopted a cautious approach and deferred launches since the outbreak have the confidence to announce new projects in […]
Known as the Millennium City, Gurgaon today is one of the hottest favorite realty hotspots not only in NCR but in the entire country. People from various cities want to invest here. This is due to fast developing infrastructure, presence of Global and renowned MNCs, IT/ITes companies and a flourishing real estate market. With the […]
K K Khandelwal, the chairman of Gurugram bench of Haryana RERA, has redefined the role of RERA by bringing in projects completed before the RERA came into force under its ambit. Not only this, he is tirelessly campaigning to bring together all stakeholders to complete projects on a priority. Prabhakar Sinha speaks with K K […]
