The Residential Realty sector had one of its best quarters in Q4 FY2021, with sales in the top eight cities approaching 85 million square feet (MSF), representing among the highest levels of sales in the previous 20 quarters. Based on ICRA analysis, Q1 FY2021 saw one of the worst demand crashes in the sector’s history,…
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…