The draft policy of the Haryana government for building retirement homes for the elderly will help boost affordable housing and revive realty. Haryana’s new housing policy has come in the backdrop of growing popularity of senior homes and increasing need for wellness homes. Under the new policy, homes for the elderly developed by private builders…
Month: November 2020
MCG extension to boost civic infra in New Gurugram
Haryana government’s decision to bring New Gurgaon sectors under municipal body will help bolster civic amenities there. New Gurgaon sectors (58-115) currently do not come under the operations of Municipal Corporation of Gurgaon. As such the infrastructure development in these areas is neglected to a large extent. As a result of this, the quality of…
Infrastructure stimulus to boost realty
The Finance Ministry’s latest Rs 16200 crore liquidity shot to infrastructure sector will help bolster real estate which is on recovery path. The Stimulus 3.0 announced by the government has announced measures to infuse liquidity both in infrastructure companies and lenders. The government will be putting in Rs 6000 crore as equity in the NIIF…
Affordable housing to get boost with AatmNirbharBharat 3.0 package
The real estate sector, particularly affordable housing, will get a leg up with the Finance Ministry’s new stimulus package. As part of this AatmNirbharBharat 3.0 package an additional outlay of Rs 18000 crore will be provided to PMAY (urban). This is in addition to Rs 8000 crore already provided to PMAY for the FY 2020-21.Further,…
Better pay prospects hold good for real estate
The Corona-hit job market is set for better pay prospects next year, in turn brightening the prospects of real estate. According to a recent industry survey, riding high on the recovering economy and businesses, nearly 87% of Indian firms are planning salary hikes next year. The average salary increment projected for 2021 is higher at 7.3% These…
Sector 95, Gurgaon – A Sought After Residential Destination
Offering affordable lifestyle housing options with good connectivity and infra, Sector 95 is today a preferred residential location of Gurgaon. Part of fast developing New Gurgaon , Sector 95’s highpoint is its promising location , offering affordable property options. This sector is Gurgaon’s lifeline with proximity to city’ key areas and faster link to Delhi…
Land Pooling Boost For Noida & Greater Noida Realty
In a major boost to real estate in Noida, Greater Noida and Yamuna Expressway, the authorities are giving a push to Land Pooling. The development authorities of Noida, Greater Noida, Yamuna Expressway have been directed to make use of land pooling policy. They have been told to adopt this policy for real estate development instead of…
Realty sector picking up pace towards revival
The revival is going to be an uphill task, the lockdown and the circumstances created by the impact of COVID-19, has more than ever before, have made the consumer realize the importance of owning a house they could call their own because it is rightly made tagline by Signature Global that- ‘Apna Ghar Apna Hota…
Rising business index a good sign for realty revival
The sharp rise in mobility leading to substantial business resumption, will help aid recovery of real estate, hit badly by the Corona pandemic. The pace of normalisation of economic activity has gained momentum in the recent weeks . The Weekly Nomura India Business Resumption Index (NIBRI) has picked up to a post- lockdown high of…
Gurugram being an emerging Millennial City
Gurugram real estate has entered into the new dimensions in the last decade. With the booming business and technology environment and different culture, many of millennial are moving towards this city. The competitively-priced residential projects, strategic location and strong connectivity network are the primary reasons behind the increasing popularity in Gurugram. Also New Gurugram is…