Real estate developers have welcomed the government’s decision to make everyone above 18 years of age to be eligible for vaccination against COVID-19 from May 1, saying that it would enable migrant workers, especially construction workers to get vaccinated and help arrest another mass exodus of mi... Read more...
Apr 2021 ,
by Realty Plus in ALLIED
Steel exports touched a record high in FY21, saving the day for companies, as domestic consumption dragged due to Covid-related disruptions in the first half of the year. Data compiled by Joint Plant Committee (JPC) shows that finished steel exports between April-March 2020-2021 (provisional) sto... Read more...
Apr 2021 ,
by Realty Plus in Press Room
The second wave of COVID-19, which has hit India is causing a wide surge of infections. After the discontinuation of stamp duty benefit by the Maharashtra Government, the real estate sector which witnessed a strong revival in the last two quarters will now pin hopes on the auspicious occasion of Gud... Read more...
Mar 2021 ,
by Realty Plus in INTERNATIONAL
Blackstone announced a binding agreement to buy eight hotels in Japan from Kintetsu Group Holdings, in the latest case of a US fund manager teaming with a Japanese conglomerate looking to raise cash and cut costs by offloading non-core assets amid COVID-19 uncertainty. US-based Blackstone said th... Read more...
Mar 2021 ,
by Realty Plus in News/Views
Driven by stamp duty cut in some states, fall in home loan rates and developer discounts, Indian housing sector has finally managed to recover from the pandemic blues as sales in the top seven cities surged by 29% in the March quarter, breaching the pre-covid levels. As many as 58,290 homes wer... Read more...
Mar 2021 ,
by Realty Plus in Interviews
The three important factors which have contributed towards robust demand, Jay Goenka, Executive Director at Dynamix Group What has been the impact of the pandemic on the realty market? The covid-19 induced pandemic caused a fundamental disruption to business across the nation and the world. ... Read more...
Mar 2021 ,
by Realty Plus in News/Views
The increased cost towards health and safety (setting up of quarantine facility, sanitation, thermal scanners and like), and skilled labour availability may have added to the increase in the cost of construction, says the JLL report. The rise in cost can be attributed to the procurement challen... Read more...
Feb 2021 ,
by Realty Plus in Interviews
Dr. Srini Srinivasan, Managing Director, Project Management Institute (PMI) South Asia COVID upended almost every aspect of our lives last year— disrupting the very nature of how we live, work, and play. We now find ourselves at a unique moment in history. And as we look forward, we can see gli... Read more...
Feb 2021 ,
by Realty Plus in INTERNATIONAL
U.S. house prices will continue to race ahead over the next two years, according to a poll who said any COVID-19 resurgence was unlikely to knock housing market activity off its current upward course. Last year, most of the world’s largest economies were brought to their knees by the pandemic b... Read more...
Jan 2021 ,
by Realty Plus in INTERNATIONAL
While COVID-19 has curtailed real estate activity in the market, market performance has – in most parts – remained resilient, the Saudi Arabia Real Estate Market Review Q4 2020 released by real estate consultant Knight Frank Middle East has shown. Saudi Arabia’s Purchasing Managers’ Index... Read more...