Is home buying behavior going digital in Indian real estate sector?

“There has been a growing demand for online real estate. Digital real estate has moved out of the corporate lexicon and has now become a reality.” The past two years has a profound impact on the consumer lifestyle and home buying is also not an exception. The iterations of lockdown followed by the gradual opening […]

Creating the perfect work from home space

With hybrid work now becoming the norm, the makeshift workspace that we created last year is certainly not working anymore. Follow these design hacks to create a visually appealing yet ergonomic workspace at home. An extra room in the home to function as a home office is fast becoming a unique selling point for homes […]

No major impact of fresh Covid wave on housing sales

Budget 2022 is an opportunity for the government to ease the burden on a demographic that has been most affected by the double whammy of decreasing interest rates, increasing retail inflation and medical expenses inflation over the past couple of years – retirees and senior citizens. With a fixed income dependent on returns from savings […]

Residential real estate market beats pandemic blues, sales in top 7 housing markets grow 71% YoY

Residential real estate has staged a dramatic bounce-back across the top seven property markets in India, despite the devastating second wave of Covid-19 that reversed consumer sentiment across sectors, hitting the economy. Home sales rose 71% year-on-year, with 237,000 units sold in 2021, thus reaching 90% of pre-Covid 2019 levels. Mumbai Metropolitan Region (MMR) recorded […]

Will Omicron cast its shadow over the gains of 2021?

Perhaps the most important high point of 2021 for the Indian residential real estate market was that the real estate business did not come to a standstill despite the second wave of the pandemic, and shown resilience to come back from the lows of the uncertainty. The year 2021 saw housing demand emanating from first-time […]

Resurgence of Indian real estate after a year of pandemic

Today, the second wave of coronavirus has imbued uncertainty in the sector resulting in a temporary pause, but developers are now better prepared and well-versed with the know-hows of a pandemic. India’s resilient and burgeoning real estate segment has always remained an investor’s favourite, and one of the most sought-after realty markets globally. The growth […]

Relief for real estate sector as Goa CM cuts infrastructure tax

The chief minister also said that it proposes to extent the online building plan approval management system for multi-family dwellings, commercial buildings and industrial buildings in a phased manner. In a move that is likely to breathe life into the real estate sector, chief minister Pramod Sawant on Wednesday announced that the infrastructure tax levied […]

Govt to give benefits for affordable housing

The affordable rental housing complexes scheme under the Pradhan Mantri Awas Yojana—Urban has been launched to provide dignified and affordable living spaces for low income workers. Incentives and benefits including free floor area ratio (FAR), concessional project finance, and trunk infrastructure facilities free of cost will be part of the affordable rental housing complexes (ARHCs) […]

Office space leasing across India’s major cities likely to grow 22% in 2021

Office space absorption across India’s major cities is expected to touch a growth of 22% in 2021, an increase from last year despite the disruption caused by the pandemic in the last few quarters. Office space absorption across India’s six major cities is expected to touch 41.3 million sq ft in 2021 marking a growth […]