A man rides his cycle rickshaw past residential buildings on the outskirts of Kolkata. File / Reuters
As anticipated, the Covid-19 pandemic has considerable impact on the Indian housing sector. Residential sales saw a 42% y-o-y drop in the first quarter of 2020, reveals the latest data by Anarock property consultants.
The Indian real estate sector has been experiencing continuous transformation since the turn of the century. This transition has been for the better and the accomplishments so far have been remarkable.
Institutional investments increased in Indian real estate sector in the last ten years and have improved investor confidence, risk appetite and transparency. Enhanced use of technology across asset classes have changed the outlook of investors
Demand in the real estate sector plunged in the second half of 2019 as housing sales fell around 22 per cent in July-December compared to the total sales first six months, a report by Anarock Property Consultants said on Wednesday.
In Europe, the pan-regional STOXX 600 index dropped 0.2% by 07:07 GMT.
DAE, a long-term Boeing partner, has 162 Boeing aircraft in its fleet. The 737 MAX 8 is a member of the 737 MAX family designed to offer more fuel efficiency, reliability, and flexibility in the single-aisle airplane market.
Brent crude futures for June delivery had risen by 66 cents, or 1%, to $67.71 a barrel as at 06:42 GMT while US West Texas Intermediate (WTI) crude futures for May delivery were up 70 cents, or 1.1%, at $64.08 barrel.