The market has welcomed the host of announcements in Budget 2021 that are being seen as a measure to revive the economy. From health to infrastructure, finance minister Nirmala Sitharaman’s third Budget speech tackled … READ FULL STORY
While economists and analysts are unanimous in their opinion that the recovery of the real estate sector is inevitable, what is being debated, is the time that it would take, for things would get … READ FULL STORY
HDFC chairman Deepak Parekh, on January 28, 2020, said that they were talking to the regulators and the Finance Ministry, on a one-time restructuring of loans for realty projects. “We have requested the NHB … READ FULL STORY
Despite a slew of measures to arrest the slump, by the government and the Reserve Bank of India (RBI) to boost liquidity and revive demand, a latest survey by Knight Frank, FICCI and NAREDCO, … READ FULL STORY
An ongoing slowdown in sales notwithstanding, institutional investors’ confidence in the potential of India’s real estate sector continues to grow, with investments more than tripling to Rs 1,400 billion during 2014-2018, as compared to … READ FULL STORY
While consolidation has been an ongoing phenomenon for some time, recent mergers, acquisitions and joint developments, are underscoring this trend like never before. The Indian residential sector saw a series of disruptions in the … READ FULL STORY
With the results of the Lok Sabha elections 2019 showing a return of the Modi government with full majority of its own, the expectation across the realty sector is that of optimism. According to … READ FULL STORY
Institutional investors invested more than USD 4 billion in funds across the country’s real estate segments in 2018, according to ANAROCK Property Consultants’ latest report, ‘Private Equity in Indian Real Estate’. The commercial office … READ FULL STORY
Before every annual budget, the real estate sector trots out a highly optimistic (and unrealistic) wish-list to the Finance Ministry. Whether the industry actually expects the upcoming budget to cure all its woes, with … READ FULL STORY
Sales of housing units in the top nine cities of Mumbai, Pune, Noida, Gurugram, Bengaluru, Chennai, Hyderabad, Kolkata and Ahmedabad, fell by eight per cent during the October-December period of 2018 (Q3 FY2019), as … READ FULL STORY
The residential market saw some upward movement in sales velocity in 2018 but the year stopped short of a significant recovery. Total sales of residential units were estimated to be 242,328, registering a six … READ FULL STORY
The applicability of the Goods and Services Tax (GST) in the Indian taxation system, was a move aimed towards ‘one nation, one tax’. After land abetment, the applicable GST for under-construction properties was 12 … READ FULL STORY
The current crisis of confidence in real estate developers, an off-shoot of the credit crunch in the money markets, will likely further strengthen the cause of large organised developers that have steadily gained market … READ FULL STORY
