BUSINESS
Coronavirus Lockdown 2.0 Guidelines | All about restarting construction activity with conditions
Well-funded projects, including infrastructure projects are likely to see immediate construction activity after the lockdown is lifted
BUSINESS
Coronavirus impact | UP RERA extends deadline of real estate projects by three months
The Authority has also decided to defer the hearings of all the complaints listed till May 3, 2020
BUSINESS
Be willing to offload unsold inventory at a 20% discount: HDFC's Deepak Parekh tells realtors
He also asked the developer community to focus on completing projects rather than starting new ones ‘even at the cost of putting new ones on hold’
BUSINESS
Coronavirus impact: Funding for real estate sector likely to go up by notches as risks increase
Institutional funds who were lending at 15% to 17% earlier may now decide to lend at 19% to 20% post COVID-19 depending on the risks associated with the projects
BUSINESS
Coronavirus impact: Real estate sector to incur loss of Rs 1 lakh crore
Naredco seeks a $200 billion package from the government to kick-start the economy. Affordable housing to make a comeback first; Property prices may fall by 10-15 per cent.
BUSINESS
Coronavirus impact: Govt to issue guidelines for real estate sector soon
NAREDCO seeks $200-300 billion economic package from the government; Requests government to lift ban on work at construction sites
BUSINESS
Coronavirus impact: UPRERA to take decision on extending project delivery timelines soon
The real estate regulatory body is awaiting clarity on the duration of the lockdown
BUSINESS
COVID-19 quarantine centres | Builders offer vacant housing projects: All you need to know
Not having an occupation certificate and liquidating inventory later may prove to be a challenge, say real estate experts
BUSINESS
Coronavirus war rooms: Integrated Command and Control Centres in smart cities
CCTV cameras, GIS technology accessed through the command and control centres are being used to keep tabs on movement of citizens and those quarantined during the lockdown period in Varanasi, Pune and Bengaluru
BUSINESS
After Maha, Karnataka RERA extends deadline of realty projects by 3 months
All complaints cases listed for hearing up to April 14 before the KRERA and the adjudicating officer have been adjourned, except for urgent cases
BUSINESS
Coronavirus impact: Small corporates request for rent deferment, large firms in wait-and-watch mode
The impact on corporate rental leases will be governed by how long the pandemic lasts and the duration of the lockdown period
BUSINESS
Coronavirus | MahaRERA extends completion deadlines of real estate projects by 3 months
Real estate developers welcome the move
BUSINESS
Coronavirus lockdown | Marginal delay likely in deployment of last-mile funding to stuck projects, says Savills India CEO
There may be a sharp dip in housing sales for at least a quarter but demand for affordable housing at realistic prices is expected to remain intact, Savills India CEO Anurag Mathur said.
BUSINESS
Coronavirus lockdown: Real estate developers take to AI to augment sales
While the mid-segment and the first-time homebuyers are open to making decisions after experiencing the projects online, buyers closing a luxury property deal take longer and prefer visiting the site.
BUSINESS
Coronavirus lockdown: Commercial real estate deals may make comeback around Q4 2020
Real estate experts are of the view that the deal volume is likely to be reduced to half as cautious investors may decide to invest in a phased manner
BUSINESS
Exclusive | Housing Ministry confident of making good of the time lost over COVID-19
For government contracts force majeure clause is always part of the agreement and will be taken care of, they say
BUSINESS
COVID-19 to impact housing prices across segments, including affordable: Argenio Antao
With retail activity coming to a halt, occupiers may be forced to renegotiate their agreements and rentals factoring in the impact of the crisis on their businesses, the COO of Colliers International told Moneycontrol.
BUSINESS
Coronavirus lockdown: How are landlords and tenants coping with the pandemic?
Most tenants, co-living and student housing operators are negotiating verbally/virtually with the landlords to extend rental agreements until the time the pandemic ends.
BUSINESS
RBI's move to put EMIs on hold a big relief for homebuyers, builders: Experts
RBI's move will help builders in loan repayment and working capital management and homebuyers in servicing loans, say experts.
BUSINESS
Coronavirus impact: Tenants occupying co-working spaces ask for flexible terms following pandemic
Co-working operators say that they have not yet received requests for refunds but start-ups that occupy seats in the open plan have requested for terms to be renegotiated.
PRESS-RELEASE
Budget 2020: Homebuyers express disappointment
Homebuyers were hoping for immediate deployment of Rs 25,000 crore Alternative Investment Fund (AIF) and last-mile funding extended even for net-worth negative and non-RERA registered projects.
BUSINESS
Budget 2020: Fund allocation for housing sector up 18.39%
CLSS scheme has now been extended until March 31, 2022
BUSINESS
Budget 2020 has no bearing on real estate, focus continues on infrastructure, say experts
Real estate developers disappointed with the Budget, say it failed to address liquidity concerns and did not provide any major incentives to boost sluggish sales.
BUSINESS
Budget 2020: Real estate circle rate limits to go up by 5%
The move will minimise hardship in real-estate transaction and provide relief to the sector, the minister said.
