Given the huge funding crunch in the construction industry, the outlook for people who bought units in completely stalled projects is disastrous, while the prospects for buyers in heavily delayed projects are bleak at best. The overall value of the 1.74 lakh homes which are totally stuck across the 7 top cities currently exceeds INR
Top 7 listed real estate players will develop approx. 92.5 Mn sq. ft. in top 7 cities and tier 2 & 3 cities in the next 2 years Kochi, Coimbatore, GIFT City, Hosur, Thrissur & Trivandrum prominent tier 2 & 3 for their expansion plans Bengaluru most preferred with all top 7 listed real estate players
Another 15% is under pressure but has scope for resolution & certainty on principal recovery Merely USD 18 bn worth loans under ‘severe’ stress that need immediate measures NBFCs & HFCs (including trusteeships) together account for 63% of total loans while banks account for 37% At least 75% of total lending to Grade A developers
Of approx. 10,570 units launched in NCR in H1 2021, approx. 1,800 units were in the luxury and ultra-luxury segments priced >INR 1.5 Cr Noida comprised max. new luxury share (of 73%) in 1st half this yr, followed by Gurugram with 22% share & Greater Noida with 5% From 2018 till June 2021, NCR’s new
To say the least, the Covid-19 crisis has transformed consumer preferences. The accent is now on safety, security and access to ‘around-the-corner conveniences. These are natural consequences of a major pandemic that makes us scared about things that never worried us too much before – even the air we breathe and getting too close to
Pune’s housing market has remained remarkably strong despite the Covid-19 pandemic. Both demand and new supply were consistent from July 2020 to March 2021 after the State government imposed first wave restrictions. Unfortunately, the second wave in April to June quarter this year caused far more damage to Pune’s housing sector. Recent data by real
Unsold housing inventory in MMR overhang back nearly at 2015 levels (42 months) amid rising sales In contrast to other cities, MMR saw the maximum (of 6%) yearly decline in overall unsold stock – from approx. 2.10 lakh units as on Q2 2020 to approx. 1.97 lakh units as on Q2 2021 Stamp duty cuts,
It is nearly everyday that we get to know about one or the other cyber fraud case happening in the country. But with the extent with which these rackets are growing bigger day by day is a concern for all of us and we need to take proper actions towards it. It has been 46
Of 36,260 units launched in Q2 2021 in the top 7 cities, the premium segment (priced b/w INR 80 lakh to INR 1.5 Cr) had the highest share (approx. 13,130 units); mid-segment (INR 40-80 lakh) had a 32% share (nearly 11,760 units) Hyderabad, Bengaluru & Chennai together comprised a 72% share of total new premium
Population Boom! Why is it Necessary to Control?
In any country, while the population reaches an explosive state, it begins offevolved developing disproportionately with the sources, so it’s far vital to deliver balance in it. Resource is a totally essential component. The population boom fee is better than the fee of improvement in India. Regional imbalance with sources is likewise growing unexpectedly. In