Housing sales mostly declined during the first and the second wave of the coronavirus pandemic but prices did not fall in most of the cities but rather increased in some cities, according to the Economic Survey 2021-22. The pre-Budget document also highlighted that the housing demand recovered after both the waves on the back of pent up demand, low interest rates on home loans and reduction in stamp duty by some states. The survey has analysed the National Housing Bank's data on change in housing transactions in Q1FY21 (first COVID-19 wave) and Q1FY22 (second COVID-19 wave) over the pre-pandemic levels of Q1FY20. It also looked into change in housing prices index during this period.
Mumbai has joined the league of cities like New York and Tokyo with its office space rentals reaching the skies.
The maiden coronavirus case in Mumbai was detected on March 11, while the first fatality was recorded on March 17.
'These are challenging times and we get energised by that.' 'I don't feel that 'I am tired now and I should relax', because even if someone calls us at 12 o'clock I have to answer his call.'
The study further said the mid-range housing segment is expected to drive the maximum demand of 45 per cent.
Economic development and foreign investment has helped five major Indian cities -- Chennai, New Delhi, Mumbai, Bangalore and Kolkata -- move up on their global rankings in terms of living standards, a latest study shows.
Karachi is the world's cheapest cities to live in.
'If the authorities go about completing this project the way they have proposed, this is going to cause a HUGE environmental impact not only on Malabar Hill but also on the rest of the city.'
Bangkok is the top spot in Asia/Pacific's top 10 destinations in terms of international overnight visitor.
Despite regulatory hurdles, India continues to be among the preferred destinations for FDI due to the country's high economic growth, with both Mumbai and Delhi being touted as among the cities likely to produce the next Microsoft or Google, a survey said.
As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.
In an astonishing revelation, Mumbai Police in a survey has found that 60 per cent of prepaid SIM cards were procured using fake documents in the city.
'The availability of vegetables has gone down due to fewer arrivals in wholesale mandis. Their supply was disrupted because of low yields and high spoilage,' says Shyam Bhimraoji Karlekar, chairman, APMC Wardha, one of the largest sellers of vegetables in Maharashtra.
Property sizes are shrinking in Mumbai.
How many of these have you already visited?
ICMR's serological survey, whose findings will be made public next week, suggests that the rate of contagion may be a lot higher in most-affected cities such as Delhi, Mumbai, and Pune.
The 10 cheapest cities in the world have a strong presence in the Indian subcontinent and the Middle East and North Africa.
The return of Indian Readership Survey numbers has met with a silent response.
Has Mumbai lost its sheen while Delhi is flourishing?
Poor land-use planning, indiscriminate approvals of building plans and the absence of disaster-risk assessment in urban design have resulted in what experts term concentrated concretization, predisposing cities to disaster risks
'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.
Private weather agency Skymet said Mumbai is at 'serious risk of flooding' between July 3 and 5.
The accident took place on Aurangabad Road around 5 am, an official said.
International Tea Day is a good occasion to brew a special pot of chai.
As many as 30.5% users from Delhi said they were most likely to cheat on their partners within the first three months of their relationship.
In an apparent bid to offset BJP candidate Pragya Thakur's controversial statement against slain IPS officer Hemant Karkare, Modi heaped praises on Mumbai police.
In other countries, Street View's content comes from two sources -- Google and individual contributors. However, in India, these will be collected by the tech giant's new local partners.
Despite a 187 km, seven-line metro network carrying 2.4 million commuters every day, private vehicles rose 92% over the last 15 years
The Centre has accorded a security cover of armed Central Industrial Security Force (CISF) commandos for the Hyderabad premises of Bharat Biotech, one of the major COVID-19 vaccine manufacturers in the country, official sources said on Tuesday.
States' spending doesn't improve the public image of the police, so where is the money going?
The Hyderabad Heist is a blow-by-blow account of an audacious theft committed in 2018, and a recounting of how the Hyderabad Police combined technology and human intelligence to crack the case.
'The BJP's solo aim in Mumbai and Maharashtra is to finish off the Shiv Sena and Sharad Pawar's NCP.'
The job market in India is hot. But some regions are doing better than others.
Nariman Point was ranked 30th on the top 50 rankings for global prime office properties.
Five people, including a woman, were killed and three others were injured after a three-storey building in Kamathipura area in south Mumbai collapsed on Saturday.
Government planning to slash the number of days required to start a business in Mumbai, Delhi from the current 26.
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