Second wave of COVID-19 hit housing sales with tier I cities recording an 18 percent decline in sales at 57,093 units in the June quarter (Q1 FY 21-22) from the previous quarter when the sales were 69,691 units, an analysis by Liases Foras has suggested. Consolidated tier 1 cities’ unsold stock... Read more...
Aug 2021 ,
by Realty Plus in INTERNATIONAL
At least 650,000 new social homes are urgently needed as the nation's affordability crisis creeps towards middle Australia, St Vincent de Paul Society says. Vinnies' national council president Claire Victory believes the great Australian dream is fast moving beyond the reach of minimum income earner... Read more...
Jul 2021 ,
by Realty Plus in News/Views
After the Gujarat government tweaked the rules regarding ownership of houses in the Gujarat International Finance Tec-City (GIFT City), three new real-estate developers have pledged to develop 12.26 lakh square feet of residential space. After the change in rules, three new firms have come forward t... Read more...
Jul 2021 ,
by Realty Plus in INTERNATIONAL
More than 25 organisations have joined forces to tackle the UK housing crisis by forming action groups that will collaborate to help solve existing and future problems. The mutual approach to solving problems in the housing system comes as the pandemic has exacerbated longstanding issues around the ... Read more...
Jul 2021 ,
by Realty Plus in News/Views
As per the consumer affairs ministry 11,702 consumer complaints relating to “housing” are pending with the national consumer commission, NCDRC. A total of 4,150 cases are pending before the consumer commissions in Delhi during the past five years. On whether the government proposes to set u... Read more...
Jul 2021 ,
by Realty Plus in INTERNATIONAL
Brisbane house prices could more than double by the time the 2032 Olympic Games roll around, taking median home values above $1.4 million, economist predicts. PRD chief economist Diaswati Mardiasmo said this growth rate would be consistent with the market’s past performance during the G20 sum... Read more...
Jul 2021 ,
by Realty Plus in Press Room
One of the leading real estate player Akshaya has signed up with SCAN (Special Child Assistance Network), a Chennai-based NGO, for what they call first of its kind initiative – an inclusive housing project – Akshaya Today – that is aimed at addressing the concerns of parents of people with spe... Read more...
Jul 2021 ,
by Realty Plus in Realty+ Connect
ON PAPER, THE RECENT CABINET APPROVED MODEL TENANCY ACT SEEMS TO SOLVE THE URBAN HOUSING PROBLEM, BUT IN PRACTICE, IS IT TRULY SO The Centre approved the Model Tenancy Act (MTA), 2021 with a provision to set up district-wise rental courts, authorities and tribunals across the country. The Act wil... Read more...
Jul 2021 ,
by Realty Plus in INTERNATIONAL
The development by pharmacy chain Boots, alongside its UK headquarters, is being billed as the country’s largest low-rise modular housing development to date. The deal, brokered by Blackstar Advisory, will unlock a 43-acre housing site along the Beeston canal that is part of the wider 286-acre Not... Read more...
Jul 2021 ,
by Realty Plus in Realty Spotlight
ANAROCK, One of India’s leading tech-driven real estate services consultancy, will soon launch India’s first Artificial Intelligence & Machine Learning (AI/ML) PropTech solution ASTRA to boost primary housing sales by up to 15%. Developed over two years by ANAROCK and its Data Analytics p... Read more...