SOUTHERN REAL ESTATE

Construction of 6 lakh housing units valued at over Rs 5 lakh crore facing delay: Report 03 Aug, 2021, 11.36 AM IST

The report classified 1.74 lakh homes valued at Rs 1.40 lakh crore as “totally stuck” and added that two-thirds of these units are priced below Rs 80 lakh. It said the government’s Special Window for Affordable and Mid-Income Housing (SWAMIH) fund has come to the rescue of several projects but did not specify the exact help tendered by the scheme.

Office space absorption gets in slow lane, Q1 witnesses 36% dip 08 Apr, 2021, 11.51 AM IST

Net office space absorption in the March quarter has declined 36% from a year ago as companies review their office property portfolios, adopt consolidation and optimisation strategies to rationalise space requirement while minimising costs.

Gurgaon’s micro markets report increase in price, demand 02 Mar, 2021, 06.19 PM IST

With major developments like an urban transit system including the Delhi-Faridabad metro link, construction of the Delhi-Mumbai Industrial Corridor, revamping of Southern Peripheral Road, among others, New Gurugram is attracting both developers and buyers.

NRIs eye southern realty for investment: Report 16 Feb, 2021, 04.46 PM IST

The maximum search or demand comes from those NRIs living in the US, followed by the UAE and Britain, said the report by Commonfloor, a Quikr platform that offers home-seekers, sellers and realty professionals an online ecosystem.

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COVID-19 impact: Homebuyers prefer ready projects; southern cities lead completions 07 Oct, 2020, 09.47 PM IST

The low proportion of completed projects in total unsold inventory is indicating this preference. Out of total 792,490 completed projects that were launched between 2013 and the recently concluded September quarter across India, around 90% have already been sold, showed data from ANAROCK Property Consultants.

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