Homebuyers want discounts: Study

Real estate continues to be the preferred asset class for investment in the wake of the Covid-19 pandemic, but majority of homebuyers want discounts along with flexible payment options as an incentive, according to the Housing.com and Naredco survey. Continue Reading

‘Chennai’s health infra skewed towards central area’

When it comes to health infrastructure and delivery system, Chennai ranks sixth in a list of India’s eight prime cities, shows a latest report. Continue Reading

Housing sales: Chennai & other south metros on recovery track

After two quarters of a lull, housing markets in the southern part of the country – Bengaluru, Chennai and Hyderabad, showed signs of revival, with new launches as well as sales numbers showing an improvement in the October-December period of 2020. Continue Reading

Making rental services easy

Housing.com recently announced the launch of ‘Housing Edge’, its full stack rental and allied services platform, through which the company enables digitisation of multiple services which tenants and landlords can use, without leaving the comfort of their homes. Continue Reading

Residential demand in ‘shadow cities’ show increasing trend

Housing demand, which hitherto has remained dominant in the top eight cities of India, is gaining momentum in Tier II and Tier III or ‘shadow cities’ with the trend becoming more prominent post the nationwide lockdown, according to a latest study. Continue Reading

Housing project fund: Realtors welcome government’s decision

Real estate developers welcomed the government’s move to create a Rs 25,000-crore fund to help complete over 1,600 stalled housing projects, saying it will solve the long-pending problem of homebuyers. “It’s a very welcome change from the initial announcement (of 14 September). Now the only criteria for eligibility are networth positive projects,” real estate developers association CREDAI chairman Jaxay Shah said. Continue Reading

4.5 lakh homes to be delivered by 2020: PropTiger report

Real estate developers are expected to deliver over 4.5 lakh affordable housing units in the coming 15 months, according to a research report by PropTiger.com. It comes at a time when Centre has incentivised purchases in this category by offering higher tax benefits. Continue Reading