Residential sales in H2 2019 plummeted 22% against H1 2019 while on yearly basis there was a marginal rise of 5% in entire 2019 compared to 2018.
Category: Real Estate Trends
RERA implementation has also been patchy in India, but homebuyers can take legal action under three key laws – RERA, Consumer Protection Act, and IBC.
ANAROCK data reveals that the price gap between ready-to-move-in (RTM) and under-construction (UC) homes in the top 7 cities reduced to a mere 3-7% in 2019.
Delhi vs Mumbai - the nation’s financial capital or the seat of power and politics? Which is the better city to live, travel or invest in?
The real estate sector's performance - a reliable barometer of India's overall economic health - painfully reflected the macro-economic state of affairs in 2019.
Cities like Mumbai have not woken up to climate change-induced dangers. Sea-facing or beach properties in the financial capital remain in high demand.
MMR’s Dombivli ranks 1st on the list of top 10 most active Indian residential micro-markets, based on the number of new units launched during 2019.
In an important trend in Indian real estate over the last 3 to 4 years, ready-to-move-in homes are in and under-construction homes are ... well, not so in.
Contrary to overall expectations, the RBI kept the repo rates unchanged to 5.15% while maintaining an accommodative stance.
Even 3 years after DeMo up to 30% of the total transaction value on the secondary (resale) residential market across India can still be paid in cash.