Understanding Impact of Covid 19 on Commercial Real Estate Market in Delhi We’re in the middle of the Coronavirus COVID-19 pandemic. The national lockdown to curb the spread of the novel coronavirus pandemic has stalled all businesses in India, barring essential services. And activity in the real estate sector—among the top contributors to the nation’s economic growth—has halted ever since...
Impact of COVID-19 on Home Buyers DoctorProperty.in expects an increase in demand for bigger homes by the year 2021-2022 as work from home will become more common and productive. Bigger homes will be preferred that allow work, recreation, better cooking environment, self manage& outdoor washrooms for hygiene. COVID-19 is going to impact the housing market in several ways. First, there are the...
Impact of Covid on Builders/ Developers in South Delhi Life is certainly going to change when we reach the other side of the COVID 19. The virus will change the functioning of developers, buyers, and key stakeholders of the real estate industry. The impact of corona virus on South Delhi Builders will be far-reaching ranging from affecting their supply chains to finding the buyers for their...
Recommendations for Govt. to Help South Delhi Property Market Post COVID Real Estate is a 2nd largest employer after agriculture with Market Size in 2019 was over 12,000 Crore. The real estate industry holds great importance in terms of generating significant revenues, offering great employment opportunities, and providing business opportunities to established and budding entrepreneurs. South...
Impact of Covid on NRI Buyers in South Delhi Real Estate With the Coronavirus pandemic having a gloomy impact on stock markets, from equities to currencies, and ROI becoming negative, the security of owning one’s own home has become the Best ROI, which would make NRIs to get attracted towards South Delhi floors and homes. In 2018, according to a World Bank report, India received $80 billion in...
Tips for Home Sellers in South Delhi Area in the COVID 19 scenario “A well-located & a well-priced home will always sell!” Many investors, property owners, potential home buyers, builders and landlords are asking themselves: Is the corona crisis also affecting the real estate market in South Delhi area? Are South Delhi luxury property prices rising or falling due to the...
COVID-19 Economic Package Boosts South Delhi Real Estate Market Govt has come up with an Rs. 20 Lakh crore economic package to help withstand the fallout of COVID-19 and lockdown with a vision to make India ‘self-reliant’. The package is designed to revive the Indian economy by addressing issues faced by 4L’s – Labour, Land, Liquidity, and Laws. Labor and Land represent Indian...
Tips for South Delhi Property Dealers amidst Covid-19 Pandemic ‘Every problem is an opportunity to exercise creative energy’ The outbreak of Coronavirus with social distancing as its main ‘vaccine’ so far, has necessitated the vitality of going digital for all the Realtors. SouthDelhiPrime.com is already a forerunner on this front and is a digitally-equipped real estate firm,...
Coliving is a perfect blend of community, convenience, comfort and cost-saving. According to Knight Frank India, the leading international property consultancy, New Delhi got 11th position, emerged as the top potential market for Co-living in India. What is coliving A coworking hub/ space focuses on offering a workplace where like-minded individuals can tackle...
If you own an MCD property in South Delhi, then you will have to pay property tax online to the Municipal Corporation of Delhi (MCD). All the South Delhi properties including the vacant ones which come under the purview of the body will be charged with the SMCD property tax. MCD is responsible for collecting property taxes from residents. Taxes are collected annually and the MCD...
