The Government’s recent announcement to set up a Realty AIF to the tune of Rs. 25,000 crore to complete stalled projects is likely to give a new lease of life to the sector. But some of the trends are unlikely to change. Real Estate experts are of the opinion that it is the demand for affordable housing, which will continue to rule the roost for the next few years as noticed over the recent past.
As we come out the pandemic, new concepts of work culture are emerging across the world, including in India. Though some forward-thinking companies had all along been exploring ‘work from anywhere’ (WFA) practices, the pandemic-induced lockdowns thrust WFH (‘work from home’)... (more)
Any kind of property investment necessitates the use of organised consultancy services. Real estate is a big-ticket investment which involves the streaming of substantial monetary resources and assets. Buyers do not wish to go wrong in this decision, which is why real estate consultancy services ar... (more)
Southern Peripheral Road in Gurugram is one of the most sought-after destinations for real estate developers and buyers. Directly connecting Golf Course Extension Road to Sohna Road and NH-8, the region is widely connected to significant spots in the vicinity. This highway is 16 km long and has bec... (more)
Coming on the heels of a 50 BPS increase in the last MPC meeting, the hike in repo rate of 50 BPS by RBI last week raises the lending rate to 5.4% and brings it at par with pre-pandemic levels. Even though it appears marginal, it has evoked a mixed bag of feelings among the real estate developers. ... (more)
The growing interest in commercial realty space shows no signs of abating. Rising high from the sluggish demand during the pandemic there is a new vigour in the segment.
Commercial Spaces
According to a Knight Frank report 25 million square feet h... (more)
The 22 kilometre Sohna elevated expressway was made accessible to traffic. Travellers now have access to a segment of the elevated route connecting Subhash Chowk and Badshahpur. From Gurugram and Sohna, the development is believed to reduce road congestion and travel times. Through to an entrance a... (more)
The Indian real estate business - both commercial and residential - has been aggressively adopting technology to create better customer experiences for quite some time. With the COVID-19, the digital revolution has only accelerated. We've seen a few flashes of this digital change during the las... (more)
With State Bank of India, the country’s largest lender, reducing interest rates on home loans by 25 basis points to 7.9% and other lenders likely to follow suit, the year 2020 seems to have begun on a promising note for developers, particularly for residential segment which had a tough time ... (more)
Integrated Centre for consultancy Pvt. Ltd. (ICCPL), a leading name in public relations sector and amongst the top PR firms in India has recently announced its mumbai operations. The firm has its headquarters in Delhi and has a strong presence in northern India in cities like Chandigarh, Noida, Gu... (more)