New home launches also reported a massive drop of 46% year-on-year to 60,489 units in the same period. The unprecedented disruptions caused by the on-going pandemic stalled the economy in Q2 2020. Source link…
GURUGRAM: A group of homebuyers at a Unitech project has offered to hand over for a year 156 apartments in an incomplete section for a year to the government to develop it as an isolation and treatment facility for Covid-19 patients. The apartments are in three towers of ‘The Residences’ in Block G, which is…
AURANGABAD: Amid the coronavirus crisis, a housing society in Maharashtra‘s Aurangabad city has converted its two empty bungalows into COVID care centres for asymptomatic patients with the help of its own funds. The idea is to facilitate asymptomatic patients from the housing society stay near their homes and family members and remain stress-free while undergoing…
File photo MUMBAI: MP Gopal Shetty has suggested housing societies set up quarantine centres at their clubs with facilities akin to those at municipal centres or hospitals. Some housing societies and doctors residing in them are already making societies self-reliant in basic care of Covid-19 patients. A posh housing society in Sewri procured two oxygen…
MUMBAI: In a first, a Maharashtra Housing & Area Development Authority (MHADA) vacant multi-storied building in south Mumbai has been converted into a Covid-19 hospital, an official said here on Monday. The 22-storey building, a slum rehabilitation project, is located in the MP Mills Compound, Tardeo, in which 70 1-BHK flats have been developed into…
File photo CHENNAI: The Madras High Court on Thursday ordered notice to the Tamil Nadu government on a PIL from CPI-M seeking to restrain the authorities from converting slum clearance board apartments into COVID-19 isolation wards. A Special Bench of Justice MM Sundresh and Justice PT Asha also directed the Tamil Nadu Slum Clearance Board…
MADRID: Spanish rental prices shot up by 10.9% year-on-year in April, one of the largest property portals, Fotocasa, said on Monday as the country slowly reopens after flattening the curve on one of Europe’s severest coronavirus outbreaks. The highest rises were in Navarra region at 25%, Andalucia at 12.9% and Valencia at 12.2%, with the…
BY: Shrinivasa.M MYSURU: The residential rental market in Mysuru has wilted under the pressure of Covid-19 pandemic. Real estate agents say the house rent in city limits has plunged by 10-20% in the past one month. Adisheshan Gowda, the Mysuru chapter chairman of National Real Estate Development Council, agreed that rents have reduced due to…
