Author
The author is Chairman - ANAROCK Property Consultants
This is another big step which will ease liquidity for developers - the rate cut will not only send out positive signals but will enable banks to lend even more.
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This is another big step as the rate cut will definitely send out positive signals in the current times, and will enable banks to lend even more.
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As far as construction activity in non-hotspots is concerned, developers will need to focus on resuming construction on projects that are already nearing completion and have a completion deadline within 2020.
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The Budget misses on the ‘quick fixes’ the real estate sector needs urgently and focuses more on a long-term vision.
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The real estate sector contributes over 8% to the Indian economy – and has justifiable expectations from Union Budget 2020-21
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These gloomy prospects notwithstanding, the real estate sector does contribute over 8% to the Indian economy – and has justifiable expectations from Union Budget 2020-21
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This is a government which prefers to detoxify and build the country's economic immunity and strength rather than infusing temporary energy bursts via 'fiscal steroids'. Given this approach, it is perhaps unrealistic for the real estate sector to expect a policy windfall this festive season.
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Will the government indeed present the real estate sector with such a New Year’s gift? If so, the real estate industry, homebuyers and the economy at large would certainly have a lot to rejoice over
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With blockchain technology, a property transaction can be concluded faster, seamlessly and with limited manual intervention – enhancing the overall efficiency of the system
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The objective for a newly-married couple, unless it comes from wealthy families, should not be to immediately buy the biggest, flashiest home on the block
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