A labourer transport cement bags at the construction site of a residential complex on the outskirts of Kolkata, India. Reuters
Sale of residential apartments during the January-March quarter of 2019 rose by 3 per cent on a quarter-on-quarter basis to 33,000 units across seven major cities in the country, according to a report by real estate services and investment firm, CBRE.
India’ half yearly realty report findings establish that office space market experienced decadal high (half yearly) volume in supply and transactions in H1, 2019.
With the cascading impact of RERA and GST regulations on the economy and real estate sector, Indian realty sector is gaining momentum in particular with a spurt in the quantum of investment by overseas Indians.
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
In the COVID-19 era, India’s federal government has given a big boost to the affordable housing sector by extending the interest rate subsidy on home loans under the Credit Linked Subsidy Scheme (CLSS) till March 31, 2021.
The UAE’s national campaign aimed at supporting volunteer efforts at the state level, harnessing the expertise, skills and talents of community members and involving them in the volunteering process has proved hugely successful.
The protests in the US show that finally the masses have realised that the power is with them and not with the single man at the centre, even though he holds the highest position in the country.