Institutional investment in real estate drops 12% in FY20 at nearly $4.5 billion: Report

Institutional investment in Indian real estate fell 12 per cent to $4.48 billion (around Rs 33,800 crore) last fiscal year on lower economic growth and uncertainty over the coronavirus pandemic, US-based property consultant Vestian said. “The fiscal year 2020 saw a total institutional investment of $4,480 million. This depicted a decline of 12 percent when compared with the quantum of investment in the previous year fiscal year 2019,” Vestian said in the report. During the fourth quarter of the last fiscal, institutional investment in real estate dropped 44 percent to…

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Real Estate Bill: 5 Big Points of Protection For Home-Owners

The Real Estate Bill aims at protecting home buyers’ interest The Real Estate Bill, which aims at protecting home buyers’ interest, moved closer to becoming law after it was cleared in the Rajya Sabha on Thursday. The bill, designed to bring transparency and accountability to the realty sector, is expected to revive investor and buyer confidence. Here are five ways how the bill will protect home buyers: 1) All residential and commercial projects that include eight flats or cover an area of 500 square meters or more, will now have…

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