Social distancing, work-from-home spur realtors to increase share of 3-BHK apartments so that one room can be used as an office
Potential buyers face risks on two counts. The first is a possible salary cut or even job loss
The coronavirus crisis has given the country an opportunity to unleash the power of land
The govt has already extended project completion and registration by six months and extended credit-linked subsidy scheme by a year
The govt has already extended project completion and registration by six months and extended credit-linked subsidy scheme by a year
We hope to achieve 70% of sales capacity in 6 months, says Venkatesh Gopalakrishnan, chief executive at Shapoorji Pallonji Real Estate
Rai, 68, died on 15 May, after he lost the battle with cancer.
During pandemic, Centre must not constrain states
Home buyers, on the other hand, will have to wait longer to take possession
Wednesday's package also addressed some concerns in power and real estate
Among 15 measures announced - 6 are for MSMEs, 2 related to EPF and 2 related to MFIs, 1 to discoms, 1 to contractors, 1 to real estate, and 2 tax measures
Given the uncertainty in pick up of demand and logistical challenges during lockdown, property developers are being cautious about the timing of launches in the near term, said Gopalkrishnan
While a slowing economy had led to deceleration in demand, the lockdown has increased the pain, besides resulting in labour shortages and delay in project execution
Rusty machinery, lack of labour, confusion over rules bug corporate honchos
The survey, conducted by property classified 99acres.com which is owned by Info Edge India Ltd, polled 49,600 house owners and brokers who have listed properties for rent or sale
Workstation areas can no longer have the crowded cafe feel as proximity may no longer seem so tempting
March quarter has already seen a 30 per cent drop in residential sales and the whole year is expected to see a similar drop in sales and generating sales is crucial to developers
Anarock declines to comment on letter by real estate developers alleging inaccurate data on unsold inventory in the city.
Since March 25, realty advisory and brokerage the Anarock Group signed agreements for over Rs 250 crore of real estate of which just a little over 12% accounted for commercial property
Consolidation in real estate industry since 2012 is likely to strengthen after the pandemic ends, say analysts.