BUSINESS
Coronavirus lockdown: Should you pay rent through credit card?
If you are hard up on cash and unable to pay rent in these COVID-19 times, the first option ideally should be to negotiate with your landlord, the second to seek help from family members and third even go in for a personal loan
BUSINESS
Coronavirus lockdown 3.0 | Construction activities in urban areas permitted where workers are available on site
Under the guidelines, contractors along with developers will need to ensure that social distancing is maintained at the sites
BUSINESS
RERA Day: Over 51, 850 real estate projects registered
Three years later, homebuyers say there is still lack of confidence about execution of RERA orders by realty firms and indiscriminate extension of project timelines by authorities is a matter of concern
BUSINESS
Here's how real estate prices may play out after COVID-19 dust settles down
While luxury housing may see a 20 percent reduction in prices, developers are likely to offer freebies such as deferred payment plans to buyers investing in the mid segment.
BUSINESS
RLDA conducts pre-bid meeting online for redevelopment of New Delhi Railway Station
More than 30 consultancy firms participated in the meeting. The tender would be awarded by first week of June 2020.
BUSINESS
Builders in Uttar Pradesh ask state government to reduce circle rates, waive stamp duties
Lease rent should be deferred for a year and extension for 12 months should be given for paying interest installments as restarting construction activities may take time, the realtors said
BUSINESS
Measures to protect interests of homebuyers soon: Hardeep Singh Puri
Housing Ministry to consider real estate sector's demand for invoking ‘force majeure’ clause under RERA.
BUSINESS
Offer home loans for 20-year-period to spur demand: Nitin Gadkari
Consider construction activity in industrial clusters, smart cities and smart villages being proposed along highways
BUSINESS
Coronavirus pandemic | Work resumes at 60 construction sites in Gurugram
Work allowed in corona-free areas; builders say hike in cement prices the biggest challenge.
BUSINESS
Coronavirus lockdown: Here’s what you should know if you bought a house under subvention scheme
Real estate experts caution that several builders may find it difficult to service their interest payment commitments with sales drying up due to the lockdown.
REAL-ESTATE
Coronavirus lockdown | Real estate sector demands restructuring of all non-NPA loans
The industry hopes the government’s second relief package includes a lower GST for the sector and no penalty on delayed TDS and GST payments at least for a year
BUSINESS
Coronavirus lockdown: RWAs await clarity on MHA guidelines that allow shops to remain open
The shops will have to function with 50 percent worker strength and masks and social distancing will be mandatory
BUSINESS
Affordable and mid-segment housing to see traction post-COVID-19: Gopal Sarda, Kolte-Patil Developers
The company plans to focus on three key markets going ahead – Pune, Mumbai and Bengaluru.
BUSINESS
UPRERA develops grading framework for real estate projects; invites public comments
The authority may take a month’s time to finalise the framework which would then be implemented in due course
BUSINESS
Jaypee Infratech case: NCLAT gives conditional go-ahead to NBCC to implement resolution plan
Sources said that while no construction can begin immediately due to the COVID-19 situation, there will now at least be an interim arrangement in place to start the ball rolling.
BUSINESS
Coronavirus lockdown: Should you invest in a property now?
While there may be several deals available in the market and the scope for negotiations is high, homebuyers should do their due diligence well as now may not be a good time to take risks
BUSINESS
Coronavirus lockdown 2.0: Builders tread cautiously before resuming construction
While some have applied for permissions, others are in wait and watch mode.
BUSINESS
Coronavirus lockdown: Some lessons Indian real estate sector can learn from China
The residential sector to see traction first and generate cash flows, a real estate expert has said.
BUSINESS
Coronavirus impact | Co-working space providers may reap benefits of social distancing norms
Under a hub-and-spoke model, companies may decide to have a main office, have a few employees continue to work from home and have others in multiple office spaces near home in a flex.
BUSINESS
Exclusive | India may see rebound in property transactions in second half of 2020, says Priyank Shah of JLL
By sector, retail investment took the worst hit. Encouragingly, the industrial and logistics investment market has weathered the storm so far and proven to be the region’s most resilient asset class, says Shah.
BUSINESS
Hardeep Singh Puri urges builders to follow social distancing norms at construction sites
He also assured builders that his ministry will consider the demand of one-time restructuring of developers' loans
BUSINESS
RBI measures to ease fund flow for cash-starved real estate sector
Real estate sector welcomes steps but says financial package need of the hour
BUSINESS
Coronavirus impact | Affordable housing may get affected in the short term
Builders must focus on execution and completion of projects to tide over liquidity issues, real estate experts said
BUSINESS
Homebuyers have to wait for redress: RERA authorities extend completion deadlines by 3 months
Authority circulars have focused on the RERA timeline and not the completion date agreed between the buyer and the builder as per the contract or the Builder-Buyer Agreement signed between them.
