Insights

Real Estate is not only about buying and selling: renting-leasing is a bigger business than a transactional business While leasing is more synonymous with commercial and retail real estate the return on residential real estate or ROI as it is called, helps us to understand the consumption behavior in the residential market We all hope and pray that the corona pandemic is contained as soon as is possible, we all are back to work and the economic cycle which has come to a virtual halt starts to move again.

While we laud the RBI gesture for giving a moratorium of 3 months in paying EMIs (for a retail loan like home loan etc) in lieu of the corona pandemic which seems to be scary looks in eyes of job losses and salary cuts it may be WISE to keep paying your home loan EMIs for the aftereffect of the moratorium period is probably scarier and stressful If a 3-month moratorium in paying EMI is availed by the customer from the bank the bank will perhaps give 3 options to choose from: –

If you dig down into detail you will also be updated about the socio-economic devastation that the pandemic has caused and is causing with every passing day. We do not know how many people will directly or indirectly lose their lives because of the coronavirus nor do we know the extent of economic damage that will be induced into different industry segments which will compound the overall depression to the country’s economy. The reason being the decease is far from being contained forget it being over.   So, what do we do? Do we keep waiting for the disease to be contained so that we can measure the physical and economic damage and then formulate a strategy or the path to recovery? or we start taking calculated measures so as to keep the economy afloat.

I am not travelling 20-30-40—–km away from the city to live – given a choice: I am sure none of us wants a HOME away from the city centre even if there is a paradise in making …. The city centre with all the hustle-bustle of life with malls and restaurants and recreation zones and hotels and much-needed hospitals and schools and takeaways and finally OUR WORK ZONES OUR OFFICES all are stationed in the city centre or CBD: Central Business District as it is globally labelled. We all want to live at a stone’s throw away distance from the city centre provided we can afford it. However, the cost constraints us to move away from the city centre and we start searching our roof at an affordable zone even if we have to travel distance.

The RBI has already injected about 4.75 Lac crore of liquidity in the system and banks are flush with funds. This is also visible from the fact that the banks are depositing close to 6.9 Lac crore of liquid money with RBI. The reduction of the reverse repo rate is a super step to motivate banks to lend to markets to fuel economy

TIME ADHERENCE whether it is in planning or executing the policy framework, zoning or setting up of physical and social infrastructure is of utmost importance. Minimum compliances and Single window clearance are a must for the Developer. The developer plays a major role in creating physical infrastructure, setting up the industry – business and finally social infrastructure of which housing is an essential element

Seriously, Real women and Real Estate are inseparable. In India, the Earth is worshipped in the feminine gender. We can not forget. Covid-19 has highlighted the importance of real estate in our day to day lives by redirecting our attention to the kind of home, office, shopping, recreation, or services we value. It has also allowed women to discover, explore, and venture seeking new professional horizons in this space.

The Policy makers are at the center of the real estate industry as the planning of development of a region is governed by them DEVELOPMENT OF A REGION Together with planning the most important factor is the adherence to timelines 1.Timely set up of physical infrastructure 2.Timely allotment of land for industrialization and business set up