Business

Customer conversion rates for real estate improve, post-COVID-19

While the COVID-19 pandemic shook the economy in general and the real estate market in particular, developers across the country also woke up to an unexpected but pleasant reality – client conversion rates improved following the pandemic. When the lockdown was imposed, footfalls dropped to 35%-40% of pre-COVID-19 levels. Nevertheless, the transaction rate or strike rate improved substantially....

Retirement and second home market is expected to grow at a CAGR of 23.63%: Report

The retirement and second home market segment in India are expected to grow at a CAGR of 23.63% in the next 5 years, according to a report by 360 Realtors. The current size of the market is USD 1.394 billion and is set to reach USD 4.021 billion by 2026. At the onset of the previous decade, the concept of such a home started becoming popular in the country. Goa became a natural choice, comprising...

Housing Sector In Bengaluru Performed Well During The Pandemic

While the pandemic negatively impacted most business sectors, contrary to common perception, the housing sector in Bengaluru did not suffer, the Economic Survey 2021-22 reveals The survey states housing prices increased during the first and second Covid-19 waves, contrary to expectations that they would fall. It says there was a 2.7 percent and 5.3 percent increase in housing prices during the first...

Will 2022 be the year to drive more occupancy for India’s real estate?

Pent-up demand and low interest rates could drive up residential sales in the immediate quarters After three tough years, India’s real estate sector is hoping that 2022 will be the turnaround year. With Covid–19 being accepted as a part of the new normal, 2022 is expected to see less volatility than previous years. Pent-up demand and low interest rates could drive up residential sales – mostly...

INDIAN REAL ESTATE INDUSTRY REPORT

Introduction Real estate sector is one of the most globally recognized sectors. It comprises of four sub sectors - housing, retail, hospitality, and commercial. The growth of this sector is well complemented by the growth in the corporate environment and the demand for office space as well as urban and semi-urban accommodations. The construction industry ranks third among the 14 major sectors in terms...

Top 10 Agriculture Business Ideas – Most Profitable Farming in India!

Agriculture is a very essential and important part of everyone’s life. So, It is one of the widely used as a successful business idea. In this blog, we are showing the top 10 Agriculture business ideas that help you to make money. Following are the agriculture business categories:- Productive Resources include seed, fertilizer, energy, machines, and many more.Agriculture commodities include...

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