Severely impacted by the COVID-19 pandemic, the top 7 cities saw homes worth approx. INR 88,730 crore sold in the first three quarters of 2020 as against ~INR 1,54,320 crore in the corresponding period of 2019. This is a 43% decline, with total value reduction amounting to approx. INR 65,590 crore during the period.
The pathetic story of 700 Indian workers began taking shape four months ago when the onset of the COVID-19 pandemic gripped the world. These workers…
Difficulty in skilling, re-skilling and people employment are some of the key challenges we need to address. The government must now act as a facilitator and encourage corporates to go more into the skill development. We also need to meet the dynamic needs of the employers by offering flexibility in the courses being designed, certifications being offered and the way we train our resources. The need of the hour is to tap into technology to leap-frog youth of today into employability.
The incumbent government’s ‘Housing for All by 2022’ initiative is inching closer to reality. RERA too has made considerable progress. However, the coronavirus pandemic savagely underscored the absence of affordable rental housing in major cities, resulting in a mass exodus of migrants with no income during the lockdown. The government shifted gears on its flagship scheme and included affordable rental housing in it.
Dr. Datar and his Al Adil Trading Company have helped 3500 needy Indians stranded in Dubai to return to India and have spent more than Rs. 3 crores to sponsor their air tickets and medical tests. These people are from different states of India including Maharashtra, Kerala, Andhra Pradesh, Tamil Nadu, Punjab, Goa, Rajasthan, Uttar Pradesh, Assam, Nagaland, Mizoram etc.
Gland Pharma Limited (Gland Pharma), a Hyderabad based pharmaceutical company incorporated in 1978 has filed a Draft Red Herring Prospectus with SEBI for its proposed…
With the right kinds of evolutionary steps, India can join the elite club of global REITs. Establishing and nurturing such investment vehicles helps unlock the massive value of real estate assets and enable retail participation in the development of the nation.
A massive drop in both new launches and housing sales were, of course, expected on the back of a complete lockdown for most of this quarter. Interestingly, MMR – one of the most COVID-19-affected cities – witnessed maximum housing sales of nearly 3,620 units among all cities, followed by Bengaluru with approx. 2,990 units.
The concept and understanding of etiquette have always been perceived to be restricted to a “selective society” wherein only the “elite” possessed the polished craft…
Lattu Kids becomes the fourth company to join the Airtel Startup Accelerator Program, which allows start-ups to leverage Airtel’s robust ecosystem, including its core strengths in data, distribution, networks and payments.