Of the four properties launched in India, only two properties – Pune and Mumbai are complete; the others located in Kolkata and Delhi-NCR are still under construction
The extension unlikely to impact ongoing cases. However, delivery of homes may get delayed and buyers may not be able to initiate corporate insolvency resolution process (CIRP) in case of fresh matters
Happinest Palghar, located in the Mumbai Metropolitan Region (MMR), has an Energy Park with 30 outdoor activities for residents of all ages. Units are priced between Rs 9.45 lakh and Rs 19.90 lakh.
Emami Realty has also invested Rs 223 crore on a 100-acre township in Jhansi during the pandemic
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The move will have a positive impact on price reduction during COVID times, says Durga Shanker Mishra.
While real estate prices have corrected, there are positive trends on demand and enquiries and a recovery should be visible in a few quarters, says Vivek Anand
Greater Noida represents a significant market for student housing with the requirement of over 83,000 students, says a report
Lower home loan interest rates, interest subsidy, stagnant prices and more tax benefits work in favour of buyers
Fueling the optimism is the 20 percent plus return given by the Embassy IPO since its listing compared to a negative return by the BSE Realty index during the period
Since 2012, NBFCs emerged as the largest lenders for real estate projects in an environment where project delays became commonplace
Exodus leads to rise in vacancies in these high-end apartments in Delhi, Mumbai and Bengaluru; profile of tenants also likely to see a change in the short-term
The uptick in property transactions in Mumbai is promising given that the world is still grappling with the COVID-19 pandemic and a vaccine is yet to be found, property experts told Moneycontrol
SBICAP identifies eight projects for construction; next date of hearing is on July 22
COVID-19 has slowed down launch activity, with global investors carefully watching the emerging work-from-home trend that may shrink office space requirements
The current slowdown is a temporary setback, markets to pick up in H2, 2020 as most transactions for second quarter have been pushed to the second half, Colliers International report has said
Automobile, consumer durables and engineering are some segments that will experience a slowdown due to the outbreak, thus hitting demand for warehouses, Knight Frank India has said in a report.
Technology will become an integral part of sales, both online and offline, and will play a vital role in commercial real estate in India.
The GST Council had allowed real estate players to shift to 5 per cent GST rate for residential units and 1 per cent for affordable housing without the benefit of input tax credit (ITC) from April 1, 2019.
PMAY (U), Smart Cities Mission (SCM) and Atal Mission for Rejuvenation and Urban Transformation (AMRUT) have completed five years
Real estate experts say that this may leave enough room for them to reassess and renegotiate terms with landlords and exit in case of financial and COVID-19 related compulsions
Plans to take up 1.5 lakh square feet of office space in Bengaluru as it expands Paytm Mall, Paytm Money, Paytm Travel and other business units
Criticises banks, NBFCs and HFCs for not passing on the benefit of repo rate cuts to customers
What is truth about the real number of projects being stalled and the belief that prices of realty will definitely fall in the post-Covid era ?
In the event of a delay in the commencement of the next academic sessions, student housing operators are likely to lose out on three to four months of revenue, the report states.