Anticipating property prices to get cheaper? Following the 2nd wave, business activities in the country came to a virtual halt, and the economy experienced a jolt. As demand fell, so did the value of the real estate. However, the silver lining is that the situation has been stabilized, and the economy is now reviving. We…
Real estate prices in India affected by resurgent Coronavirus?
2021-07-22T11:27:53+05:30The second wave of coronavirus caused chaos on real estate prices in India. Few could have predicted that Covid-19 would return with such a drastic change and kill so many people. Businesses are bearing immense and unimaginable losses as a result of the lockdown imposed in many states and districts. Realty prices may see upward…
As raw material costs rise, property prices rise
2021-06-07T10:55:55+05:30Raw material costs rise Prices of key raw material such as cement, iron, and steel are rising rapidly, adding to the problem. The second wave has thrown a spanner in the works for the real estate industry, just as it was recovering from last year’s onslaught of corona pandemic. Prices for these items have risen…
The Real Estate Sector Experiences Growth A Year After The Pandemic
2021-06-02T14:52:45+05:302020 was a year of significant change in the real estate sector, and 2021 will be a year of adjusting to those changes. With the arrival of new imagination and digital transformation, change became the “new normal.” It is now abundantly clear that 2021 will not brush aside the challenges of a pandemic-riddled economy; rather,…
COVID-19 second wave: Will real estate prices correct further?
2021-05-26T11:47:18+05:30COVID-19 second wave With the second wave of COVID-19 wreaking havoc, it’s understandable that the focus has remained on safety and health. As a result, there has been a drawback. Because of stricter movement restrictions, homebuyers are unable to visit construction sites or builder offices to view or book properties. Construction activity has hit significantly…
Property Price: What Causes Them To Fluctuate
2021-05-24T11:48:45+05:30Property Price: In India, real estate is regarded as the pinnacle of ‘safe’ investment. One of our most ingrained beliefs is that real estate is a perpetual safe haven whose value never falls. This, however, is not the case. Real estate, both globally and locally, is not immune to the inevitable price shocks that characterize…
Is the Coronavirus outbreak going to affect property prices in India?
2021-05-24T11:44:22+05:30Coronavirus outbreak Despite of Coronavirus outbreak, there was a slight increase in home sales during the January-March 2021 period, India’s eight prime housing markets saw almost flat price growth. However, the housing markets of Ahmedabad and Hyderabad remained exceptions, with both cities seeing a 5% annual increase in prices. This growth, particularly in Ahmedabad, could…
Construction Price: A Look At Recent Trends
2021-05-22T13:29:26+05:30The Construction price trends for the most used material in the industry are set to change as a consequence of the Covid-19 pandemic. Commonly used material price trends for are demonstrated below: Steel The steel association of India has requested that the government temporarily ban iron ore exports for at least six months in order…
Construction cost analysis: factors affecting the price
2021-05-21T13:21:54+05:30Real estate is an expensive venture, and anyone attempting to estimate the Construction cost of building a house should be aware of the complexities involved in the process. Typically, construction costs are determined by a variety of factors, including externalities. A construction plan is required before you can begin to estimate the cost of building…
Construction prices increased despite real estate prices not falling
2021-05-18T14:56:15+05:30The Construction prices trends for the most used material in the industry are set to change as a consequence of the Covid-19 pandemic. Commonly used material price trends for are demonstrated below: Steel Primary Steel prices in the past month risen exponentially to nearly 2000-2500 per metric ton. The steel association of India has requested…
Construction and building material trends in India
2021-05-18T14:43:57+05:30The COVID-19 pandemic in 2020 caused unprecedented social and economic disruption, making it one of the most significant black swan events. According to some experts, the global financial crisis has caused more havoc than any other event in recent history. COVID-19 has a significant economic impact on the construction and building materials industries. We can…
Property Price Appreciation Caused By Certain Factors
2021-05-15T12:47:25+05:30Real estate has always been regarded as a profitable asset in one’s investment portfolio, both in the short and long term. Property is one of the few assets that can provide returns that exceed the rate of inflation. However, only a small percentage of the population invests in real estate, and even fewer understand how…