Prasant Thakur

Decoding Finance Minister’s limited-period ‘Safe Harbour’ Ordinance

February 5, 2021

Covid-19 in 2020 caused much upheaval across sectors including Indian real estate. Though residential property demand was quick to see signs of revival after the lockdown relaxations last year, government intervention at regular intervals became a necessity. Given the situation prevailing back in November 2020, one intervention to boost housing...

Real estate: Green shoots visible in Gurugram and Bengaluru markets

August 8, 2020

India’s residential real estate segment is witnessing a decisive return of serious enquiries, which are now at 50% of pre-Covid-19 levels in the top cities. Recovery is fastest in Bengaluru, where current enquiries have reached 70% of the January-February period, followed by Gurugram with nearly 65%. Despite site visits far...