Real Estate
Bengaluru's Luxury Housing Market Shows Signs of Softening Amid Economic Uncertainty
Bengaluru’s luxury housing market is experiencing a slowdown, with developers offering flexible payment schemes and discounts to attract buyers amid job losses and economic uncertainty.
real estate news
Bengaluru's Luxury Housing Market Faces Challenges Amid Economic Uncertainty
Bengaluru's luxury housing market is experiencing a slowdown as developers offer flexible payment schemes and discounts to attract buyers amid rising job losses and economic uncertainty.
real estate news
Bengaluru: Construction Sector Slams the Brakes as OC Mandate Takes Effect
The Karnataka government's new mandate for an Occupancy Certificate (OC) for new water and electricity connections is causing a significant slowdown in the construction and real estate sectors. The rule is affecting thousands of buildings and construction sites, leading to concerns about job losses and economic impacts.
Real Estate Maharashtra
India's Real Estate Crisis: Home Sales Plunge 19%, Projects Halted, and Jobs at Risk
The Indian real estate market is facing a significant downturn, with home sales declining by 19% as buyers vanish, leading to halted projects and job losses. Lenders like SBI, Bank of Maharashtra, and Bank of India are responding by reducing their lending rates to stimulate the market.
Real Estate Pune
India's Real Estate Crisis: Home Sales Plunge 19%, Projects Stalled, and Jobs at Risk
India's real estate market is facing a significant downturn, with home sales plummeting by 19% as buyers pull back from property purchases. Cities like Ahmedabad, Hyderabad, and Pune are among the worst hit. The housing slump has affected almost every major city, with Mumbai also feeling the impact.
real estate news
Can Homebuyers Get a Refund of Booking Amount from Real Estate Developers in Case of Job Loss?
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed a developer to partially refund the booking amount paid by two homebuyers after deducting 2% of the total booking amount.