The Government’s recent announcement to set up a Realty AIF to the tune of Rs. 25,000 crore to complete stalled projects is likely to give a new lease of life to the sector. But some of the trends are unlikely to change. Real Estate experts are of the opinion that it is the demand for affordable housing, which will continue to rule the roost for the next few years as noticed over the recent past.
With State Bank of India, the country’s largest lender, reducing interest rates on home loans by 25 basis points to 7.9% and other lenders likely to follow suit, the year 2020 seems to have begun on a promising note for developers, particularly for residential segment which had a tough time ... (more)
Integrated Centre for consultancy Pvt. Ltd. (ICCPL), a leading name in public relations sector and amongst the top PR firms in India has recently announced its mumbai operations. The firm has its headquarters in Delhi and has a strong presence in northern India in cities like Chandigarh, Noida, Gu... (more)