Value of homes sold fell 43% in 9 months of 2020: Anarock

Homes worth about ₹88,730 crore were sold during the first nine months of the current year in the top seven markets, which was a decline of 42.5%, or ₹65,590 crore, over the same period last year, according to Anarock Property Consultants. The decline was attributed to the impact of COVID-19.

The total value of homes sold in the seven markets — Bengaluru, Pune, Hyderabad, Kolkata, Chennai, Mumbai Metropolitan Region (MMR) and Delhi NCR, stood at about ₹1.54 lakh crore in the same period of 2019.

Between January and September 2020, as many as 87,460 units were sold across these cities as against about 2.02 lakh units sold in the year-earlier period, as per Anarock.

MMR clocked sales of ₹49,313 crore, followed by Bengaluru (₹12,569 crore), Delhi NCR (₹9,430 crore), Pune (₹8,692 crore), Hyderabad (₹3,116 crore), Kolkata (₹2,833 crore) and Chennai (₹2,777 crore)

‘Worst is over’

However, it added that the

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Our lease doesn’t end for 9 months. Is it reasonable for prospective tenants to tour our home?

Q: We recently renewed our lease for another year. The property manager wants to tour my house with potential new tenants. Our lease does not end for nine months. This seems off, especially during the COVID-19 pandemic. What is our recourse? — Jordan

a man and woman posing for a picture: Realator showing an apartment

© Handout/Dreamstime/TNS
Realator showing an apartment

A: This does seem odd, but there may be a valid reason to start now. In tropical areas popular with “snowbirds,” it is necessary to find next year’s tenant well in advance since most potential tenants leave for cooler weather in the spring.


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As with most landlord and tenant questions, the first step is to review your lease carefully. Many leases will contain a clause dealing with showing the property to prospective tenants.

Most leases I have seen limit showings to the last two months of the term, but yours may be different. You will be bound by what

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Oil gains after biggest one-day rally in five months as presidential homecoming lifts sentiment

  • Oil prices extended gains on Tuesday after Monday’s “presidential homecoming” triggered a big rally and lifted investor sentiment alongside worker strikes in Norway and a hurricane in the US.
  • Brent crude leapt 6% to $41.5 a barrel and US benchmark West Texas Intermediate jumped 6.3% to $39.5 on Monday, recovering the lion’s share of the heavy losses late last week.
  • A worker strike in Norway’s oil and gas industry and the start of evacuations in the Gulf of Mexico ahead of the expected Hurricane Delta helped lift prices on Tuesday.
  • However, an OANDA analyst warned that betting on Brent’s rise to $44, or WTI near $42, would be a “painful trade.”
  • Visit Business Insider’s homepage for more stories.

Oil prices extended gains on Tuesday, following Monday’s explosive rally that followed President Donald Trump leaving the Walter Reed National Military Centre to return to the

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Traton Homes Sells 22 Townhomes in under Five Months

This post was contributed by a community member. The views expressed here are the author’s own.

This post is sponsored and contributed by a Patch Community Partner. The views expressed in this post are the author’s own, and the information presented has not been verified by Patch.

Traton Homes has set a brisk sales pace at Grammercy Park, selling 22 townhomes in less than five months. Now, only nine two-story townhomes priced from the low $300,000s remain in this sought-after in-town Marietta community.

“We are proud of how quickly this community is selling, but not surprised because of it’s fantastic location walkable to the Marietta Square and its attractive price point,” said Kimberly Garwood, Director of Marketing for Traton Homes. “Marietta is our hometown and we are delighted to offer such a wonderful lifestyle and location to homebuyers.”

Grammercy Park’s location walkable to the Marietta Square offers easy access

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Russia given five more months to fix ‘deficient’ anti-doping plan

MONACO—Russia has been given five more months to fix a “seriously deficient” plan to combat doping in track and field, World Athletics said Saturday.

Track’s world governing body said Russia’s deadline was moved from Sept. 30 to March 1. A World Athletics task force reported the Russian track federation, known as RusAF, had so few experienced staff that it couldn’t compose an adequate road map for lifting a doping suspension which has been in place nearly five years.

“Although the draft plan was better than what has come before (in particular, in acknowledging the doping culture in Russian athletics, and in identifying some of the systemic issues that have to be addressed to change that culture), it is nevertheless seriously deficient and does not meet most of the requirements,” the task force said in a statement.

“The task force could not possibly provide feedback that would facilitate turning this product

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So many homes are selling that we could run out of new houses in months

a house with a mountain in the background: A house is the most desirable get amid the coronavirus pandemic, but the US is barreling toward an inventory shortage and affordability crisis that'll make homeownership unattainable. John M Lund/Getty Images

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A house is the most desirable get amid the coronavirus pandemic, but the US is barreling toward an inventory shortage and affordability crisis that’ll make homeownership unattainable. John M Lund/Getty Images

  • The hottest pandemic purchase is a house, as more and more Americans take advantage of low mortgage rates to attain spacious backyards and more comfortable work-from-home locales.
  • Existing home sales, which have trended upward for the last 3 months since the housing market reopened from shutdown, soared to a 14-year high in August. New home sales are also up.
  • Home prices are soaring, too, recording the highest two-month appreciation between May and July — at 2% — in 30 years of record-keeping.
  • But not enough new houses are being built to keep up with demand, a trend that actually goes back a decade.
  • Homebuying, in all its trendy glory, only projects to get more
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After months of waiting, families ready to visit loved ones in Ohio’s nursing homes

For Ohioans with loved ones living in nursing homes, change is on the way as Gov. Mike DeWine announced indoor visits can resume Oct. 12, in little more than two weeks.

Traci Statum, who has been able to her 79-year-old mother twice a week since the onset of the pandemic, has counted herself lucky as many families haven’t had contact with their family members in months.

“We got the call on a Wednesday,” she said. “They were locking down the nursing homes.”

Statum remembers the day the world shifted for her family and those across the state.

“Of course at the time we were told two to three weeks. That was it,” she said.

But that was six months ago. Now, she wants families to have uniform access to their loved ones. Statum joined a group of frustrated family members unable to see their loved ones, an absence they felt

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