Digitization has become a topic of several discussions in real estate industry in recent years. Often the discussions are about why the real estate industry needs digitalization, presenting threats and opportunities for the buyers as well as for the developers. Still, land industry is conservative naturally and so far property owners haven’t needed to innovate…

The record Rs 1.8  lakh crore plus increase in Alternate Investment Funds in October-December 2020 will help boost recovery of real estate, particularly residential realty.  According to SEBI, the investment made by AIFs stood at Rs 184525 crore in the December 20 quarter, compared to Rs 142115 lakh crore in the year ago period. Compared…

The continuous recovery in residential realty through rise in home sales, is a promising sign for the growth of real estate.   After the massive slump in housing sales in June quarter of 2020, the housing sales staged recovery during the September quarter. This continuity in sales pick up was maintained during the festive quarter…

Dwarka expressway has reinvented the real estate segment in Gurugram and added another great option for the developers as well as for the home-buyers or property seekers. The lifestyle promised by this stretch and the quality of homes by reputed developers is now the sales points. The property market entered a new phase in Gurugram…

The Delhi government has recently cut circle rates by 20 per cent for six months as part of its efforts to provide relief to the real estate sector reeling under the impact of COVID-19 pandemic. This step will bring down the capital city’s exorbitant property prices. Properties of both types in the city are a…

Thanks to lowest ever interest rates, range bound prices and government’s policy boost to affordable housing, home mortgage has seen good growth that bodes well for real estate. Despite Covid induced lay-offs and salary shrinkages, demand for fresh home mortgages remained robust in September-October 2020. Leading home loan providers have registered double digit growth. SBI’s home loan book has topped Rs…

GMDA’s latest policy initiative to revamp Right of Way (ROW) mechanism will help provide infrastructure, connectivity and mobility boost to Gurgaon real estate. As part of its policy initiative, Gurgaon Metropolitan Development Authority(GMDA) has started the process of revamping ROW mechanism. It has roped in School of Planning & Architecture(SPA) for creating the required mechanism….

RBI’s latest Monetary Policy keeping the  interest rates unchanged may not have any impact on the strong pick up in residential real estate witnessed in December quarter. Reserve Bank of India in its first monetary policy after the 2021-22 budget, has maintained status quo. RBI has kept the repo rate unchanged at 4% . Even…

The significant surge in business confidence index in the December quarter of 2020,bodes well for the recovering real estate sector.  That despite being hit hard by the Corona pandemic, business confidence has gone up, is clearly evident from the recent survey by Knight Frank, FICCI & NAREDCO. According to the survey findings, the business confidence index has…

With housing sales,  new launches and private equity investment showing marked improvement, residential realty continues to have a promising run. Corona pandemic had crippled residential real estate which witnessed a massive decline of over 70 percent during the June 2020 quarter. However the September 2020 quarter saw pick up in  residential sales and during festive…