Traditionally, the festive quarter fares better than the previous quarters of the year when it comes to housing sales – the combination of religious sentiment and festive deals and freebies is a potent mix during this part of the year. For instance, Q4 2015 saw 70,000 homes sold in the seven major cities. However, as tempting as it was for developers to believe that this was an unshakeable performance standard, it was certainly shaken just a year later. After demonetization (DeMo) was announced in this critical quarter in 2016, housing sales halved to 32,100 units.
- USD 970 million PE inflows in retail hit 5-year high in 2019
- Logistics leasing at an all-time high of 33 million sq feet in 2019: CBRE
- OYO Workspaces forays into Chennai
- Sobha & Godrej top choices of HNIs & NRIs, finds Track2Realty Global Buyer Report 2020
- Union Budget 2020-21 neither for survival nor revival of real estate
- Star Rating to be the game changer of real estate: Balvinder Kumar, Member, UP RERA
- Is real estate realistic with resolution to make 2020 best year ever?
- Remarkable resilience of Indian real estate in 2019