The real estate and construction companies are expected to witness strong revenue growth in the fourth quarter of fiscal 2021 led by a benign base, pick-up in project execution and robust residential real estate sales. Strong demand for residential properties continued in Q4FY21 leading to robust... Read more...
Apr 2021 ,
by Realty Plus in INTERNATIONAL
Singapore home sales rebounded in March, fueling concerns that authorities may impose new measures to cool the market. Purchases of new private apartments doubled to 1,296 last month from 645 units in February, Urban Redevelopment Authority data showed on 16th April. The jump adds to signs tha... Read more...
Apr 2021 ,
by Realty Plus in Interviews
Haresh Motirale Founder, Director - Brandniti From reduced home loan rates to Govt’s initiative to reduce stamp duty and more, here's why home-buying is flourishing more than ever before. What were the paradigm shifts seen in the year 2020 The year 2020 can be truly termed as a historic... Read more...
Apr 2021 ,
by Realty Plus in ALLIED
The recent price hikes by steel manufacturers have also come on the back of the firm demand. Thus, with rising volumes and improving realizations, Indian manufacturers are set to report improved earnings. Steel stocks have been in demand in the wake of domestic firms reporting strong sales volume... Read more...
Apr 2021 ,
by Realty Plus in ALLIED
Strong domestic demand, along with healthy exports, aided the steel industry’s production and sales growth in the fourth quarter of 2020-21 on a sequential basis, said analysts. Revenues of steel companies are expected to improve 20% quarter-on-quarter and 45-50% from a year ago on higher reali... Read more...
Apr 2021 ,
by Realty Plus in News/Views
Sales of residential properties across eight major cities grew 44% in the January-March period this year to nearly 72,000 units as demand recovered, according to Knight Frank India. Mumbai Metropolitan Region (MMR) and Pune performed well on the back of the Maharashtra government's decision to re... Read more...
Apr 2021 ,
by Realty Plus in Press Room
Delhi NCR has been witnessing a continuous increase in the sales volume since Q2 2020. The region saw a sale of 2,250 units in Q2 2020, 3112 units in Q3 2020, 4440 in Q4 2020, and 5448 in Q1 2021. The percentage growth in sales volume Q1 2021 over Q 4 2020 is 23%, which is the third-highest growth v... Read more...
Apr 2021 ,
by Realty Plus in News/Views
Ashiana Housing sales bookings jumped more than two-fold to Rs 299.71 crore during the fourth quarter of last fiscal as demand recovered. Its sales bookings stood at Rs 145.96 crore in the year-ago period. In volume terms, sales bookings rose sharply to 8.31 lakh sq ft in January-March quarter of la... Read more...
Apr 2021 ,
by Realty Plus in ALLIED
Decorative paint sales in the March quarter were robust, aided by the continued demand in small cities and towns. For the second quarter in a row, Indian paint companies are likely to report volume growth in double digits. Dealers’ channel checks by various brokerages indicate that decorative pa... Read more...
The real estate marketers struggled in 2020 to brace through the unexpected events. The realty firms are adapting to new sales trends with innovative approach and tools. Piyush Gupta, Managing Director -Capital Markets & Investment Services (India)- Colliers International said : "Year 2020 wa... Read more...