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The new fund will target both early stage and late stage real estate projects in residential, commercial, retail, warehousing and hospitality sectors
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If you are looking to buy an affordable home, 2021 may just be the year for your dreams to come true
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The move comes days after the Delhi government reduced circle rates on properties by 20%
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Logging in gains of around 10%, the BSE Real Estate index has already outpaced the benchmark BSE Sensex on a year-to-date basis.
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The draw is scheduled to be held on March 5 and applications will remain open till February 16
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Homebuyers need to keep in mind that the new circle rates will be in place only till September 31, 2021.
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Rate cut expected to boost property registrations in capital
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The coronavirus pandemic kept buyers away from the real estate market and there is pent-up demand in this sector.
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Real estate projects, including residential ones, in NCR cities of Noida, Greater Noida, Ghaziabad in Uttar Pradesh, and Gurgaon and Faridabad in Haryana were badly hit by the COVID-19 pandemic.
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New Delhi: The Delhi-NCR property market has maximum stuck housing units at 1.9 lakh, worth nearly Rs 1.2 lakh crore, that were delayed by at least seven years, according to property consultant Anarock. A total of 1,90,120 housing units, worth Rs 1,19,291 crore, were stuck in the Delhi-NCR as of 2020-end. These flats were launched […]
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