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Virtual tours and online launches gain traction in real estate sector
June 17, 2020: Video walkthroughs, online inspection and e-launches are increasingly gaining popularity among real estate firms and startups looking to push residential sales amid the Covid-19 crisis. Now that physical propert
Written by NoBroker.com
Published on June 17, 2020
Govt’s stress fund sees surge in funding proposals for stuck realty projects
June 16, 2020: Given the mounting of stalled projects, the SBICAP Ventures that managed last-mile fund for stressed real estate projects has received over 100 new applications from real estate developers over the past month. A lot of th
Written by NoBroker.com
Published on June 16, 2020
SC Asks RBI, Finance Ministry Officials to take Decision on EMI Interests During Moratorium Period
June 12, 2020: The Supreme Court on Friday urged the Finance Ministry and the Reserve Bank of India (RBI) officials to organize a joint meeting within three days to decide whether interest on EMIs during the six-month moratorium period should be charged by banks or not.
Written by NoBroker.com
Published on June 12, 2020
Homebuyers’ body to PM: Restrict project extension to lockdown period
June 10, 2020: The Forum for People’s Collective Efforts (FPCE), a forum of homebuyers, has requested Prime Minister Narendra Modi’s mediation for the centre’s advisory on extension of project completion by builders and has requested it to be limited to only the actual lockdown period. It has also requested for a
Written by NoBroker.com
Published on June 10, 2020
The Recovery Plan For Realty Marketplace After COVID
June 9, 2020: Indian realty has undergone multiple transitions in the past 5 years, but none of those had been as disruptive as the current COVID-19 crisis. The ensuing lockdown has resulted in a significant slowdown in sales of new units while the paused construction work has further delayed the completion of ne
Written by NoBroker.com
Published on June 9, 2020
COVID-19 impact: Mumbai rental prices fall by up to 25%
June 5, 2020: Mumbai’s real estate landscape, residential rented properties in particular, is witnessing a major change. A 3 BHK apartment at a prime location in Mumbai’s Bandra West that was never rented below Rs 90,000 per month is no
Written by NoBroker.com
Published on June 5, 2020
Reviving Real Estate Demand: Key to Economic Recovery
June 3, 2020: A revival in the demand for real estate will release a cascading stream of benefits in all other interlinked segments. The nation-wide lockdown has negatively impacted demand in the real estate sector. Not just this, almost every sector, has reported a slump in demand. In April, the automotive in
Written by NoBroker.com
Published on June 3, 2020
4 significant trends emerging amid Covid-19 in Commercial Real Estate
June 1, 2020: Scenario for the Indian commercial real estate looked promising in 2019, with a fresh supply of over 50 million sq. ft. and a net absorption that hovered north of 45 million sq. ft – primarily driven by IT/ ITeS, BFSI, consulting & co-working spaces. Total vacancy i
Written by NoBroker.com
Published on June 1, 2020