With Omicron throwing a shadow of doubt across the world and in India, the RBI has decided to keep the repo rates unchanged at 4% and reverse repo rate at 3.35%. This was expected, and is the ninth consecutive time that the RBI maintained status quo amid current uncertainties. The unchanged repo rates will help
Mumbai, 6 December 2021: Land is still the most precious resource amid rapid urbanization and quite a lot of this finite resource changed hands across the top cities during the pandemic. ANAROCK data indicates that many developers and entities sealed around 45 separate land deals cumulatively accounting for over 1,757 acres of area across the
Mumbai, 29 November 2021: In the approx. 4.5 years since RERA projects was fully notified, 71,307 projects have been registered under it across the country as of November 2021. Maharashtra, Gujarat and Karnataka lead in project registrations till date with 31,664, 9,272 and 4,497 projects registered respectively. In terms of grievances redressal of aggrieved homebuyers,
The foundation-laying ceremony of the Jewar International Airport by the Prime Minister heralds significant future economic activity in and around the airport. With an estimated cost of INR 34,000 Cr, the airport, once completed, will ease traffic at the IGI Airport, create a massive number of jobs for the local population, and give a major
Mumbai, November 23, 2021: After being hit hard by COVID due to scarcity of labour and low budget spending, India’s real estate industry is now gathering pace and is on course for a healthy recovery. The Indian Real Estate industry is currently valued at $200 billion, and it is expected to surge to $650 billion
Mumbai, November 23, 2021: After being hit hard by COVID due to scarcity of labour and low budget spending, India’s real estate industry is now gathering pace and is on the course to healthy recovery. These are some major findings of a report titled Real Estate Industry: Outlook and Challenges released by Infomerics Valuation and
Mumbai, 22nd November 2021: Continuing to reap dividends from the post-pandemic surge in demand for branded homes, the top 9 stock exchange-listed developers raked in INR 14,883 Cr of revenue bookings in H1 FY22 – a sharp uptick from INR 9,483 Cr in the same period of the previous fiscal. Even as the second COVID-19
Recently, the apex realtor’s body CREDAI made a startling announcement – that housing prices will probably go up by as much as 15% soon. At first glance, this announcement appeared to put homebuyers on notice. At the very outset here, I would like to clarify that this is not the case at all. This was
In the pre-DeMo period (2013-Q3 2016), approx. 16.15 lakh housing units were launched across the top 7 cities; sales stood at approx. 11.78 lakh units In post-DeMo Q4 2016-Q3 2021, sales (approx. 10.37 lakh units) outstripped new launches (approx. 9.04 lakh units) Overall, new launches b/w two periods reduced by over 44% Black money (or
You will feel accomplished when you get your real estate license. However, most professional real estate agents in new jersey shared that you should never be complacent. In fact, earning your license serves as part of the journey. You don’t automatically become a good and prolific realtor. The license just means you can legally work as
