Not all real estate firms will be able to weather the storm leading to large scale consolidation. It would first hit smaller towns and gradually shift to metros
In Maharashtra, stamp duty charges are 5 percent in key cities like Mumbai, Pune, Nagpur and Nashik and 6 percent in others.
Urban clusters that will emerge as the new ‘homes’ despite the work from home (WFH) trend will in all likelihood be close to the main city where a visit once or twice a week to the office will be doable. Worth looking at Thane and Navi Mumbai from that vantage.
The Reserve Bank of India and the Monetary Policy Committee have undertaken several measures to contain the economic fallout caused by the pandemic and infuse liquidity in the already distressed economy.