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GURUGRAM HOUSING CRISIS
What happens when investors stop SIPs during crises–real investors, real panic, and the real cost of walking awayFrom a cancer diagnosis in Kolkata to a layoff in Bengaluru to Covid panic in Agra—real investors, real crises, and the real cost of walkin...- Why luxury real estate remains a favourite among India’s rich despite macro & rate hike concernsIndia's luxury housing market defies global economic headwinds, driven by affluent buyers and NRIs seeking lifestyle upgrades and wealth pr...
- SC asks NCLAT to take decision on 14 housing projects of debt-ridden SupertechThe Supreme Court has directed the NCLAT to quickly decide on merging Supertech's remaining 14 housing projects. This move aims to ensure p...
- 'Salary growing, wealth shrinking': CA explains ‘India's silent middle-class crisis’, says Rs 1.5 lakh salary is same as 10-yr-old payUrban Indian households face a 'silent crisis' as rising incomes fail to keep pace with escalating costs of living, leading to stagnant rea...
- Kolkata floods, Gurugram congestion signal risks for India’s emerging citiesAs India pushes its Viksit Bharat vision, emerging cities like Pune, Ujjain, Bhubaneswar and Greater Noida face lessons from Kolkata and Gu...
- Rent Rs 45,000, EMI Rs 32,000: CA explains why buying a home is no longer a dream but a nightmare for the middle classHomeownership dreams sour for India's middle class. Many face a double burden. They pay rent and EMIs for unfinished homes. Meenal Goel hig...
- Gurgaon garbage crisis: How a crackdown on Bengali migrants led to Millennium City being called 'a pig house'Gurugram faces a sanitation crisis as sanitation workers, predominantly Bengali-speaking migrants, flee due to police actions, disrupting w...
- Earning Rs 20 lakh annually not enough to buy home in Gurgaon? Techie shares conversation with friend; post goes viralA social media post ignited a debate about unaffordable housing in Indian cities. A tech worker highlighted that even with a Rs 20 lakh ann...
- Reality of Gurgaon life: Work hard and give it all to landlord as rent, says netizenA Reddit user recently shared a video showcasing the contrasting realities of life in Gurugram. While the video highlights the gleaming cyb...
- New trend in town: Homebuyers in NCR eye entire complexesThe trend is playing out at a time when Gurugram and Faridabad are expected to attract investments of close to Rs 7,000 crore towards the c...
- Housing sales in Delhi-NCR went up by 50% in April-June YoY: ReportIn its April-June 2021 quarterly report, PropTiger, said that sales in primary markets of Delhi-NCR increased to 2,828 units during April-J...
- Developers hope interest rates, stagnant prices to push for housing sales in 2021Experts feel that the mid-segment housing may take 6-8 months of 2021 to bounce back to pre-COVID levels due to the reeling market.
- While Mumbai, Bengaluru & Pune grow, NCR share in housing sale dip to 9%: ReportIn 2010, every investor wanted to buy houses in the National Capital Region hoping prices would appreciate quickly and the market accounted...
- Home buyer interest in studio, serviced apartments rising in NCRAccording to developers, a lot of buyers are ready to spend Rs 50 lakh to one crore for a studio apartment in and around Central Business D...
- Ahmedabad, Noida, Chennai among top 10 industrial corridors for MNCs: ReportWhile there has been a growing emergence of Southeast Asian countries as the preferred choice, India has three distinct advantages, includi...
- Luxury home sales muted; builders manage to sell only 45% of 13k units launched in 3 yrs: ReportHousing brokerage firm PropTiger, reported that only 5,926 luxury units have been sold till January this year, out of the 13,290 homes laun...
- Housing sales down 9%, new supply falls 10% in Oct-Dec: Report" The downtrend observed was mainly due to economic slowdown and liquidity crisis in the market," PropEquity said in its Q4 report.
- Housing sales of 9 listed players up 2% at Rs 5,520 crore in July-Sep: Report"While housing sales in overall residential market recorded a decline in Q2 FY20, the housing sales value of India's top 9 listed developer...
- Housing sales drop 9.5% in July-Sep across 9 cities: ReportSales stood at 52,855 units during July-September 2019, down 9.5% from 58,461 units in the year-ago period. "Demand has been definitely imp...
- Govt’s booster dose for automobile industry to lift affordable housingWhile the automobile crisis would not have caused affordable housing sales to come to a halt, sales would definitely shift into low gear.
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