The sector’s ‘current perception score’ improved to 40 points during the July-September quarter, according to a survey released on Thursday by industry body FICCI, Naredco and property advisory company Nightfrank. This was at a record low of just 22 points a quarter ago. However, it still remains pessimistic. The survey is issued to real […]
Covid-19’s real estate sector will improve in 6 months: Surveymore During the unlock of Corona epidemic across the country, work in the property market is also starting to speed up during the unlock. New launches grew 58 per cent between the July to September quarter from April to June this year. Most of the launches have taken place in Hyderabad and Pune and the focus […]
Signs of improvement started in property market during unlockmore
Auction prices are usually around 20 to 30 percent less than market prices. However, there are also risks of purchasing such property. So if you are thinking of buying property at auction cheaply, then keep the following points in mind. Find out the market value of the property before you buy it. For this, hire […]
Buy property cheaply at auction, so keep these things in mindmore
Private home owners from Lutyens in New Delhi are facing similar situations these days as landlords are doing in the rest of the country. Property prices in this super posh area have dropped by 10-15 per cent. In some cases, it is 25 per cent and even 50 per cent. Brokers told that before Corona, […]
Lutyens Zone’s real estate prices rolled up 10%more
The Reserve Bank of India (RBI) has taken the initiative to implement the recently announced measures to promote housing loans. Customers can get loans at lower interest It may be known that this new dispensation will be applicable to all housing loans to be sanctioned by 31st March 2022. While banks will have additional capital […]
RBI steps up lending inflows into real estate sectormore
The Reserve Bank of India (RBI) has changed the rules for new home loans. Their purpose is to promote real estate sector. The central bank has decided to rationalize the risk weight on home loans with only LTV ratio. These rules will apply to all new housing loans to be held by 31 March 2022. […]
Home loan will be cheaper, RBI took this big decisionmore
Despite the arrival of Coronavirus, the economy is still the first choice for real estate investment. According to a report jointly released by Housing.com and the National Real Estate Development Council (NAREDCO) Concerned YET POSITIVE – The Indian Real Estate Consumer (April – May 2020), real estate still remains the preferred method of investment. […]
Real estate is still the first choice of Indians – Realty Quartermore
In order to revive the real estate sector in Maharashtra, the state government has announced to reduce stamp duty on property transactions. This reduction in stamp duty is applicable from 1 September 2020 to 31 March next year. This reduction is in two slabs. From September 1 to December 31, 2020, stamp duty will be […]
Property in Maharashtra is getting cheapermore
The PNB Housing Finance mortgage lender is intended to lay off around 5-7% of its employees to an apparent effort to streamline costs as the business is declining, joining an extensive number of firms which trimmed their workforce over the last six months. On Wednesday, barely a month after Hardayal Prasad began taking as chief […]
PNB Housing Finance plans to lay off around 5-7% of its employees to streamline costs.more
ICRA expects the combined sales volume of the completed and under-structured inventory to decrease by 40-60% due to Covid-19 for the current year. The preference for a completed inventory is therefore expected to continue to favour developers with a greater share of these projects. It anticipates that expenditure on ongoing projects will decrease by approximately […]
ICRA predicts overall real estate inventory to decrease by 40-60%.more