Updated Mar 17, 2021 | 15:08 IST
Mumbai, Bengaluru and Pune accounted for 67% share of the total housing sales in 2020 and were best destinations for real estate investors Mumbai Metropolitan Area, Bengaluru, Pune top 3 cities for property investment I Representative image | Photo Credit: BCCL
As investors and end-users return to the market after the Covid-19 shock, three regions Mumbai Metropolitan Region (MMR), Bengaluru and Pune have emerged top lucrative markets for property investments, according to a report from property consultant ANAROCK.
It said these three cities remained the most active markets in 2020 – together accounting for a 67% share of the total housing sales (of approximately 1.38 lakh units) recorded in the top 7 cities, and 60% of all new launches of 1.28 lakh units.
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Elections have consequences, as they say, and one of those
consequences is new leadership at the SEC who bring with them a
markedly different agenda. In remarks yesterday to the Center for
American Progress, entitled
A Climate for Change: Meeting Investor Demand for
Climate and ESG Information at the SEC, Acting SEC Chair
Allison Lee provided important insights into where the SEC is
headed with regard to environmental, social and governance issues.
As Lee confirmed in the introduction to her speech, no single
issue has been more pressing for [her] than ensuring that the SEC
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Mumbai Metropolitan Region (MMR), Bengaluru, and Pune are currently the top three markets for buying homes for end-use and investment, according to a study by ANAROCK Property Consultants.
With property prices having bottomed out in the most expensive real estate region of the country, both investors and end-users are back on the market. The IT/ITeS sectors post-COVID boom has worked well for the IT-centric realty markets Bengaluru and Pune, the study stated. Notably, Bengaluru and Pune have, respectively, also been declared the top two most liveable cities in the recent Ease of Living Index published by the Ministry of Housing and Urban Affairs (MoHUA).
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Kerala rejects Karnataka jaggery; says, ‘not fit for human consumption’
News Network
March 16, 2021
Mandya, Mar 16: Once largest purchaser of Karnataka’s ‘Mandya jaggery’, now the state of Kerala has stalled the supply, claiming that the product supplied is substandard and not fit for human consumption.
Recently, Gujarat had rejected a jaggery consignment and had stopped purchase. Kerala is the second state to do so. Kerala is distributing jaggery under the Public Distribution System (PDS) for ration cardholders.
Mandya district, which is popularly known as ‘The Land of Sugar’ (Sakkarenadu), is now in trouble for producing poor quality and chemical-heavy jaggery.