Investing in real estate is considered a profitable and dependable method of wealth creation and diversifying investment portfolios. Specifically, residential real estate has been a popular long-term investment option. However, navigating the residential real … READ FULL STORY
July 26, 2023: The 37th edition of the Knight Frank-Naredco Real Estate Sentiment Index Q2 2023 (April-June) report says that the current sentiment score scaled up from the previous quarter’s 57 to 63 in the … READ FULL STORY
July 11, 2023: The residential property market in India experienced an average year-on-year price appreciation of 6% during the April-June period of this year, as per data released by PropTiger.com, the country’s leading online real estate brokerage … READ FULL STORY
July 11, 2023: In the first six months of 2023 (H1 2023), 1,26,587 housing units were sold in India, marking the highest number of residential property sales in 15 years, according to a report … READ FULL STORY
July 3,2023: The share of residential housing loans in total advances has increased over the last 11 years to 14.2% in March 2023 from 8.6% in March 2012, according to the latest Financial Stability … READ FULL STORY
June 30, 2023: Mumbai city collected a revenue of Rs 5,483 crore from property registrations in the first six months of 2023 (H1 2023), according to a report by Knight Frank India. This is … READ FULL STORY
May 19, 2023: Income earned through the Mahila Samman Savings Certificates will not attract TDS (tax deducted at source), the Central Board of Direct Taxes (CBDT) has notified. This interest income, however, will be … READ FULL STORY
Rating agency ICRA expects rental income for the retail mall operators to increase by 8-10% year-on-year (YoY) in financial year 23-24 (FY24) owing to improvement in trading values due to healthy retail sales and … READ FULL STORY
June 7, 2023: Analysts and experts expect the Reserve Bank of India (RBI) to maintain a status quo on its benchmark lending rate during its policy announcement on June 8, 2023. They are of … READ FULL STORY
June 6, 2023: Property prices in India are likely to show growth higher than the consumer price-based inflation, shows a poll by news agency Reuters. Also, interest rates are expected to stay higher for … READ FULL STORY
June 1, 2023: The Indian economy grew 7.2% in the financial year 2022-23 (FY23), government data showed today. This is slightly higher than the government’s own forecast of 7%. Reserve Bank of India governor … READ FULL STORY
May 31, 2023: India’s apex bank may reduce its key benchmark lending rate in the fourth quarter of 2023 amid easing inflation and other factors, global forecast agency Oxford Economics said on May 29, … READ FULL STORY
Despite the increasing number of fire accidents, the city has insufficient fire safety and evacuation measures. Since the 1944 explosions, Mumbai has witnessed some of the worst fire accidents. Whether the July 2014 fire … READ FULL STORY
