How housing sales saw a boost among stamp duty reduction and how luxury deals took the leap

Real Estate

India’s real estate was in a peculiar situation in the last fiscal. The COVID-19 pandemic had also led to a temporary halt in ongoing real estate projects. 

One would assume that the pandemic has bought about a standstill in buying of houses. However, on the contrary, with several companies declaring a work from home (WFH) situation, it has actually led to homebuyers buying their own space, or rather, a bigger space. 

Demand for townships with a range of amenities has accelerated after COVID-19 emphasised the importance of having amenities within your project, as per a report by CARE Ratings. This may include amenities ranging from a swimming pool to an office centre.

Availing of cheap home loans, lucrative payment plans and attractive prices, the sector