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New supply of housing units declined 40% year-on-year during January-March 2021 across seven major cities, according to data analytics firm PropEquity
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In the short run, buyers may not step out due to rising cases, but this has nothing to do with inherent demand
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Resale property can be an economical bet compared to opting for a ready-to-move-in property
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Office rentals at Connaught Place in the National Capital Region remained flat in January-March quarter of 2021 compared to a decline of 1% in October-December quarter
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Even as active cases have exceeded all calculations amid the second wave, the situation at construction sites is not as gloomy as it was in 2020
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In its 'Prime Global Cities Index Q1 2021' report, Knight Frank mentioned that New Delhi and Mumbai, too, slipped one spot each to rank at 32nd and 36th, respectively
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The apex court of the country has said that the law was “unconstitutional” as the statute encroached upon the Centre’s Real Estate (Regulation and Development) Act.
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The residential segment contributed Rs 6,663 crore, while commercial projects Rs 62 crore in the overall sales bookings during the 2020-21 financial year
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Ideally, as a thumb rule, a tenant should not spend more than 25-30% of the household income on rent.
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Knight Frank India said Mumbai recorded upwards of 10,000 residential property registrations in April 2021 as against 17,449 units in March