Against the backdrop of construction sector already witnessing credit pressure this fiscal, Covid-19 has emerged as another major challenge for real estate sector and its allied industries. Apart from slowdown in public spending, coupled with weak business sentiment, the construction sector is also facing a double whammy of labour shortage and working capital pressure, resulting…
Currently, the Indian economy is facing weak investor sentiments and its adverse impact has left the real estate and the infrastructure sector gasping for breath. This situation is deeply worrying and there is no silver lining visible in immediate future since the RBI’s efforts to make the loans cheaper with a cumulative reduction in repo…
By Dr Samantak Das Black swan events have been plaguing the Indian economy for quite some time now. The real estate sector was no exception to the policy paralysis that began in 2012 and continued till 2014. It made every sector reeling under its pressure, particularly the residential market. Home sales nosedive in these years…
You have applied for a loan to buy your dream home. But don’t be complacent and do your homework well before sending your loan applications to a bank or home finance company. You will do well to avoid the following pitfalls that may lead to the rejection of your home loan application: Compulsive job-hopping: Nothing…
Buying real estate is the life goal for most people in our country. But it is not an easy decision to make. In fact, it requires a lot of financial planning to pool in requisite funds and a thorough search for selecting a house within one’s budget. However, most people fail to take into account…
Obtaining a home loan is never an easy process, not that your eligibility for it is the issue, but there are various dilemmas that confront you as you apply for home loan. Following are some of the difficult choices that you may have to encounter as a home loan consumer and the solutions suggested by…
Spectrum Metro, a high street retail development in Sector 75 gets a green signal from NGT. The project is in the advanced stage of construction and is being carried out in accordance with the Environment Clearance. The project is centrally located with excellent social and civic infrastructure and is expected to cater to a footfall…
The work on NH-24 widening is up and running and it has also given a boost to the infrastructure along this highway which is also known as expressway connecting Delhi- Meerut. The 96 km of this highway is set to drive speedy development in the realty market all throughout the vast expanse of Delhi-NCR. …
