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BENGALURU LOCKDOWN IMPACT
Record 5.4 lakh homes set for delivery in 2026, but West Asia war clouds execution outlookIndia's top cities are set for a record housing completion in 2026. Over five lakh homes are scheduled to be delivered. Developers face cha...- Launch of housing units falls 54% in April-June quarter: ReportStringent lockdown across major cities in India impacted housing sales as home registrations were also suspended including slow pace of hom...
- Any lockdown talk may trigger worker exodus from city, warn Bengaluru industrialistsWhile some daily wage workers have already left the city citing Ugadi and increasing Covid cases, majority of them continue to attend work....
- Brigade Enterprises Q1 results: Posts net loss of Rs 53 crore as Covid hits operationsBengaluru-based Builder said on Wednesday that the company’s turnover for the period was Rs 214 crore, a 70 per cent drop over the same per...
- Are local lockdowns slowing the spread of coronavirus? Here's what the data saysVarious cities and districts recently imposed new restrictions. ET looks at data from five metros: Two cities that didn’t impose fresh hard...
- Roadblock in real estate recovery: Home-buying gets hit by weekend lockdownsDevelopers say that they have to rely heavily on digital medium for sales. But most of the industry reckons weekend lockdowns, if they cont...
- Covid impact: Consumer goods sales go off track due to localised lockdown in the countryIf such intermittent closures keep getting extended by local administrations, demand for the entire quarter could be impacted, said executi...
- Karnataka opposition parties urge govt to enforce lockdown in entire stateWelcoming the government's decision to implement the lockdown in Bengaluru Urban and Rural, H D Deve Gowda said, "I urge the government thr...
- Brigade Enterprises Q4 results: Net profit plummets 115% to Rs 11 croreThe company’s turnover for the period was Rs 644 crore, a 17% drop over the same period of the previous fiscal.
- ‘Conscious’ connoisseurs may hurt luxury marketMost luxury brands feel that the negative impact of the outbreak will linger even after the lockdown is lifted, it said in the ‘Impact of C...
- Real estate markets of Bengaluru and Pune to recover fast post COVID-19: SurveyEight TIER-I cities witnessed an average price decline of around 4% but most of the home buyers in Bengaluru, Ahmedabad, Pune, and Chennai ...
- Non-essentials in the red even if curbs are liftedThe survey, which gauged the purchasing sentiment in 124 red zones, showed that 74% respondents would not spend on anything apart from esse...
- Rise Against Hunger India (RAHI) distributes 1 million meals to vulnerable groups in India during the COVID-19 Lockdown
- Talent demand for remote jobs will continue to rise post lockdown: TimesJobs surveyThe survey titled ‘Covid-19 and its impact on jobs at India Inc’ aims to understand the impact of the lockdown on the country’s employment ...
- Karnataka: Relief for businesses in 14 districts, but Bengaluru stays shutThe 14 districts include Chief Minister BS Yediyurappa’s native district of Shivamogga and JD(S) leader HD Kumaraswamy’s district Ramanagar...
- Construction goods movement for government projects gets permission in KarnatakaOne of the major sectors to benefit will be construction, and transportation of materials like cement, steel, and bricks. The government, h...
- Ducati India defers price hike on extended warranty till May-endDue to the ongoing COVID-19 pandemic, the price hike on extended warranty will now come into effect from June 1, 2020, the company said in ...
- Infected pizza boy: E-orders drop 30%One of the delivery boys of startup Dunzo said that he had got only three orders by Friday afternoon, which typically is around 10 by that ...
- Covid-19 impact: Office space leasing down in Q1 as companies put decisions on holdThe net absorption during the quarter stood at 7.40 million sq ft, down 22.6% on a quarterly basis and 36.5% lower on a yearly basis as tra...
- COVID-19: Bengaluru police to put in place pass system to regulate movement of peopleThe Bengaluru Police on Wednesday decided to put in place a pass system to regulate the movement of people in the city during the three-wee...
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