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Real Estate Sector Recover the Sales after Lockdown Ends

The Corona Covid- 19 pandemic has already affected real estate sector adversely by causing a fall in property sales.It is expected that funding from banks and NBFCs would soon become negligible. With another liquidity crunch in view , the developers hope that after the lockdown ends, sales will boost once more . However, the sales wouldn’t be as high because the developers had expected because the outbreak has…

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NRIs are big role player on commercial real estate market of India

While the world order has been disturbed by the pandemic and therefore the global economy has been shaken, it’s times like these that distinguish the smart investors from the others and for the NRIs, opportunities back home are lucrative with the fall of the Indian rupee . Of late, NRI investors became wary of the stock markets because the equity markets still fluctuate and this is often the rationale why they’re betting success on real estate. Why real estate becomes the…

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Housing Sales Growing Up 22% In January-June: Report

Sale of residential apartments increased by 22 per cent on a year-on-year (YoY) basis during the first half of 2019, to 78,247 units across seven major cities in the country, said a JLL report. During the January-June period of 2018, sales were recorded at 72,438 units. Compared to the previous six months of July-August 2018,…

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Central govt. plans to set up common online platform for RERA of all states and UT

The Centre has planned to set up a common online platform for the Real Estate Regulatory Authority (RERA) of all states and UTs, a move which will provide an opportunity to home-buyers, builders and authorities to exchange views. Announcing the government’s plan here, Housing and Urban Affairs Secretary Durga Shanker Mishra said that with this…

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