COVID–19

Impact of COVID-19 on the real estate sector

The COVID-19 situation remains fluid and uncertainty still looms on the possible economic impact of the outbreak. With the global impact of COVID-19 on...

COVID–19 to impact property sales

Ugadi, one of the biggest festivals in South India and Gudi Padwa, the beginning of the Hindu calendar that signifies the start of the...
Hiranandani

Dr Niranjan Hiranandani on the measures to revive India from economic depression: need for...

Amidst the bleak scenario of COVID-19 pandemic and the economic impact of the lockdown, there is a silver lining: if India supports its business...
“The Garib Kalyan Scheme, announced by the Government today for providing the much-required relief to the economically weaker sections amidst these hard times, was the need of the hour. We thank the Government for taking cognizance of our recommendation and advising the states to use BOCW cess funds collected by the labour welfare boards in providing the immediate relief to the construction workers. Concurrently, the Government must consider providing similar relief to the unregistered construction workers. We are also ensuring that our construction workers are provided with basic amenities to be able to cope up with the ongoing situation. With this positive step, the industry eagerly awaits the economic stimulus required for our revival. We stand in solidarity with the government as a socially responsible organization.”

Satish Magar, President, CREDAI National, post RBI’s reduction in reverse repo rate

‘‘Reduction in repo rate, additional liquidity of about Rs 3.74 lakh crore induced reduction in CRR, Long Term Repo Operations and enhancement of Marginal...
Hiranandani

India INC applauds Robust Liquidity Infusion Step – Dr Niranjan Hiranandani, President- Assocham and...

Fresh liquidity of Rs 3.74 lakh crores injected into the system by unleashing staunch arsenal support by strong fiscal measures timely announced. In the...
AvneeshSoodDirectorErosGroup_1 projects today

Avneesh Sood, Director Eros Group basis the RBI announcement to cut interest rates by...

Given the ongoing crisis in the wake of the coronavirus pandemic, with both the consumption and investment engines wavering, RBI Repo rate cut by...
Dr Niranjan Hiranandani, President – Assocham & NAREDCO ecstatically welcomes the relief package announced by the Hon’ble FM. He said that, “at a time when the nation is struck with natural disasters and grappling with Pandemic crisis, Govt of India announces Rs 1.7 lakh crore relief packages for the poor and marginalized segments of the society. These initiative aims to provide a buffer & facilitate the basic needs of economically weak people who have no other means of being shielded from the crisis. The widely covered unorganized sectors including agrarian and Construction laborers, these moves aim at resolving primary problems of the poor. Similarly, for the organized sector, EPF contribution by the Government for some segments of workers will play an important role in ensuring that the bottom of the pyramid is able to handle the challenges of the lockdown. While welcoming these moves, one hopes that other segments of society, who are also looking forward to measures such as EMI waivers as also extension of loan scheme tenures, among others economic package shall be on wait and watch mode. The Finance Minister deserves praise for having announced the relief measures, responding to the challenge of the lockdown following the COVID-19 pandemic.

Dr Niranjan Hiranandani, President – Assocham & NAREDCO on Finance Minister’s relief package

Dr Niranjan Hiranandani, President – Assocham & NAREDCO ecstatically welcomes the relief package announced by the Hon’ble FM. He said that, “at a time...
“The Garib Kalyan Scheme, announced by the Government today for providing the much-required relief to the economically weaker sections amidst these hard times, was the need of the hour. We thank the Government for taking cognizance of our recommendation and advising the states to use BOCW cess funds collected by the labour welfare boards in providing the immediate relief to the construction workers. Concurrently, the Government must consider providing similar relief to the unregistered construction workers. We are also ensuring that our construction workers are provided with basic amenities to be able to cope up with the ongoing situation. With this positive step, the industry eagerly awaits the economic stimulus required for our revival. We stand in solidarity with the government as a socially responsible organization.”

Mr Satish Magar, President, CREDAI National on Finance Minister’s announcement on economic package

“The Garib Kalyan Scheme, announced by the Government today for providing the much-required relief to the economically weaker sections amidst these hard times, was...
hand shake

Majmudar and Partners shares view post Finance Minister Nirmala Sitharaman announces measures on Corona...

"Besides the FM relaxing certain statutory and regulatory compliances under corporate and fiscal statutes which are a welcome move, the threshold of Rs one...
Deepak Nair, Head-Marketing, JP Infra Mumbai Pvt. Ltd.

Yearly Round-Up & Outlook 2020 for Real Estate by Deepak Nair Head-Marketing, JP Infra...

Trends seen in 2019: One of the starkest trends has been the gradual shift towards integrated residential properties in gated communities that offer an array...