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Updated Jan 12, 2021 | 16:56 IST The Mumbai Metropolitan Region and National Capital Region account for 74% of the total stuck or delayed units across India's top seven cities as of 2020-end, says the data. Representational Image  |  Photo Credit: IANS Key Highlights 190 housing projects accounting for over 73,500 units were completed in the top 7 cities in 2020 despite Covid-19 MMR topped the list in project completions, as per the data seeing completion of 84 stuck projects in 2020 Housing units currently stuck or facing delay in construction across th...

From special deductions for EMI or rent to reimbursement by developers for project delays -- a list of what homebuyers seek from FM Sitharaman in Budget 2021

Real estate industry 2021: What can the sector look forward to? Is the worst behind us? How the budget pans out for the real estate sector, only time will tell, but one thing is for sure, strong fundamentals are vital for the revival of housing demand Dhruv Agarwala | January 21, 2021 | Updated 14:59 IST The pace of revival can quicken, provided the government extends a helping hand and injects enough stimulus to boost the sector and the overall economy The year 2020 was meant to be a year of recovery for the Indian real estate sector, especially the housing segment. After three years of bus...

Regulatory decisions that changed real estate landscape in 2020 and what needs to be done in 2021 Here's a look at some key regulatory interventions in 2020 and what remains to be done to boost the real estate sector. The year 2019 witnessed the launch of the country’s first REIT, opening up new avenues for investing in A-Grade commercial office spaces. The maximum pain was experienced by the residential real estate sector largely due to the NBFC debacle and the resultant liquidity squeeze, and the slow pace of recovery in sales affected by overall economic scenario. The government did come...

States must cut stamp duty to boost housing sales: Naredco President Niranjan Hiranandani Stating there was need to set up more stress fund like the government-backed Rs 25,000 crore Special Window for Affordable and Mid-Income Housing (SWAMIH) fund, he said the centre should enable banks and financial institutions to set up at least five similar funds totaling Rs 1,25,000 crore. PTI Niranjan Hiranandani The Maharashtra government's decision to reduce stamp duty on registration of properties has helped boost housing sales in the Mumbai region durin...