Real estate is fundamentally a people business based on relationship-building - but as the proliferation of social media channels proves, there is more than one way for interactions to take place.
Category: ANAROCK
In a big move, the government has announced the one-year extension of the CLSS scheme up to March 2021. This will help push demand for affordable housing.
The government has extended the timeline for project completions and registration by 6 months and announced INR 30,000 crore special liquidity scheme for NBFCs/HFCs and MFIs
COVID-19 Era – Wellness Real Estate in Focus
Wellness amenities such as yoga studios, meditation rooms, spas, gymnasiums, tennis courts and jogging tracks became the new rage among urban homebuyers.
COVID-19 Sentiment Survey – Housing Now Preferred Asset Class, 59% End-users
Homeownership is now a compelling priority for millennials facing uncertain times. Out of the total voters favouring real estate, 55% are aged between 25-35 years - and 68% are end-users. In the H2 2019 edition of this survey, only 42% were in this age bracket.
With the COVID-19 pandemic making WFH a respectable decision, more companies are discovering WFH as an alternative to occupying costly office spaces.
Many NRIs settled in Europe, America and the Middle East who have bought real estate in India are considering refinancing their home loans.
Multi-level warehouses within city limits may well be Indian real estate's next big thing in a market completely transformed by the coronavirus pandemic.
Despite the lockdown across the country, digital sales have helped top developers resume at least 15-20% of their business.
Relief to construction sector as the Indian government permits activity to resume in non-COVID-19 hotspots, that follow strict social guidelines.