People walk past a residential building in Mumbai. Agence France-Presse
The year 2018 saw India’s warehousing sector coming of age, outshining some of the conventional real estate asset classes and attracting global investors.
Indian real estate attracted nearly $14 billion of foreign private equity (PE) between 2015 and the third quarter (Q3) of 2019, according to latest Anarock data.
With the global impact of Covid-19 on multiple sectors, Indian realty sector is by no means an exception. It is said that there may be fewer residential project launches in the coming months.
COVID-19 is posing the greatest test ever to humanity on both the health and economic fronts. Confirmed coronavirus cases have approached one million around the world as Europe reels from the pandemic and the United States has reported record numbers of people out of work.
Voting ended on Thursday in Labour’s leadership election, before Jeremy Corbyn’s long, five-month goodbye ends on Saturday. Even some one-time supporters can’t wait for him to leave the stage. “I wish he would just go away,” one MP groaned.
With the increasing number of infections, and sadly deaths, from COVID-19 the world has changed. (“US virus toll exceeds official China tally,” April 1, Gulf Today).
On March 27, Pope Francis was standing alone in an empty St Peter’s Square. Media from around the globe showed an iconic image of a man alone under the rain. Usually the Urbi et Orbi blessing is given on Christmas and Easter,