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Mumbai, December 18, 2019: After successfully entering into the Indian market, Risland, a Hong Kong based multi-national real estate firm Risland to unveil SSGF technology in India through 'The Icon' in Thane. The Icon is using SAFE, SUSTAINABLE, GREEN & FAST (SSGF) construction technology that is introduced for the first time India. It is a German construction technique which is a combination of 12 construction technologies. This technique ensures speedy construction which is two times faster & stronger than average construction speed.

The year 2019 has been a period of ups and downs for the Indian real estate sector. The sector witnessed the impact of the ongoing NBFC crisis resulting in liquidity squeeze and the slow pace of recovery in sales. On the other hand, the successful launch of India's first Real Estate Investment Trust (REIT) opened new avenues for investments while multiple government sops provided relief to the housing sector.

Housing sales are estimated to rise by mere 4 per cent to 2.58 lakh units across seven major cities during this calendar year on subdued demand because of liquidity crunch and overall economic slowdown, according to property brokerage firm Anarock. "Indian real estate was devoid of any appreciable forward momentum in 2019. Dwindling consumption, lacklustre investment appetite and the global slowdown overshadowed all possibilities for growth." Anarock Property Consultants Chairman Anuj Puri said.

The other major development will be banks offering their clients some of their repossessed or distressed properties in return for giving up their claim on their deposits.

The real estate sector in the Mumbai Metropolitan Region (MMR) witnessed a slight improvement this year compared to 2018, in terms of new project launches and sales. Experts attributed the improvement to the launch of more affordable houses. A total of 77,990 housing units were launched this year, a 30% increase from 2018, while sales jumped to 80,870 units in 2019, from 66,440 units last year.

Home sales in Mumbai, India's financial capital, jumped to the highest in four years as property developers switched focus to building cheaper apartments, according to Anarock Property Consultants. Sales in Mumbai rose 22% in 2019 even though a persistent credit crunch & economic slowdown curtailed recovery in India's housing sales across top seven cities.

Investment in Indian real estate sector is estimated to have increased by 9% to ?43,780 crore during this calendar year on higher inflow from foreign funds, according to global property consultant Colliers. Office properties attracted 46% of the total inflow and received nearly ?20,000 crore this year.

NEW DELHI: India and Germany will collaborate on Mumbai Metro and solar energy projects as part of a bilateral cooperation in energy and urban development sectors, a senior official of Germany's Ministry of Economic Cooperation said on Wednesday. Talking to reporters here, Director General (Bilateral Cooperation) of the Federal Ministry for Economic Cooperation and Development Claudia Warning said, "Government-to-government negotiations were held on Wednesday and it was decided that 2.

The widespread delays in projects have made home buyers cautious of booking in new projects. Most prefer flats that are ready for possession. Remember how real estate has been a favorite asset class for Indian investors? Well, most buyers now are end users as investors are out of the market now due to the poor returns from the sector. However, should you avoid under construction projects altogether? Hi everyone, I am SM and with me is TJ.