New Launches Rebound 79% of Pre-COVID-19, 29,520 Units Sold in Q3 2020
Despite the spiralling COVID-19 pressures across the country, the Indian housing sector made a decisive comeback in Q3 2020 with sales and new launches rebounding to 65% and 79% of the pre-COVID-19 levels (Q1 2020) respectively.
- 30/09/2020
- 5
Housing Sales-to-Supply Ratio Rises to 1.36 Amid Limited Launches in Top 7 Cities
Amidst controlled new housing launches, the residential sales-to-supply ratio has improved to 1.36 currently, as against 0.63 in 2014, reveals the FICCI-ANAROCK report Indian Housing Sector: Disrupted, Transformed & Recovering released at the 14th Annual FICCI Real Estate Summit 2020 today.
- 18/09/2020
- 2
Integrated Townships - Weathering the COVID-19 Siege
COVID-19 has underscored the advantages of self-managed mini-ecosystems with higher safety & security, open spaces, sanitation & control Top 7 cities have just 101 integrated township projects (launched since 2010 till date) with 3.16 lakh housing units; this is nearly 2% share of overall projects launched during the period Of this total, 57 projects are largely residential with basic facilities like a small retail shop, pharmacy etc.; remaining 44 are mixed-use developments with dedicated retail, entertainment, education, commercial, health & residential spaces NCR has maximum integrated townships - 42 projects with approx. 1.33 lakh units, followed by MMR with 17 projects having >63,500 housing units
- 15/09/2020
- 0
India: Stamp Duty Cut Could Provide Festive Season Boost
With states like Maharashtra and Karnataka mulling a reduction in stamp duty and registration charges, the festive season - beginning with Ganesh Chaturthi - may get a very real shot in the arm. Both a one-time waiver for first-time homebuyers and an outright cut of stamp duty charges could be festive season gamechangers.
- 24/08/2020
- 3
India: Tier 2, 3 Cities Dominate in Senior Living With 60% Share
COVID-19 may reshape the future of the senior living segment in India, with demand for such homes set to zoom up amid the present uncertainties.
- 17/08/2020
- 2
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