Although rental values may seem to be undervalued in the Indian context, due to the high capital values of real estate, the fact is that when compared to affordability and median income of cities, … READ FULL STORY
When Aditi Mishra, a fashion designer, shifted to Faridabad in 2009, she did not like the place. After having spent many years in Gurgaon, she found Faridabad to be a sleepy city, devoid of … READ FULL STORY
Bengaluru’s thriving economy is a major demand driver for residential real estate in the city. It is the leading city, in terms of absorption of office space and this, in turn, is fuelling demand … READ FULL STORY
Only 4% of India’s workforce is skilled as compared to 96% in South Korea, 80% in Japan, 74% in Germany, 68% in the UK and 45% in China. Experts say that developers, construction firms … READ FULL STORY
Bengaluru’s affordable housing segment has been witnessing steady demand on the outskirts. Expansion of the city in all directions and infrastructure developments, such as the planned metro rail and Peripheral Ring Road, have played … READ FULL STORY
Real estate agents have been known to create a network where they share inventory in order to hasten deal-making. Such networking has historically helped end-users as they are able to choose from a wider … READ FULL STORY
Real estate continues to remain an attractive investment option for Indians. Nevertheless, despite the attractive returns on investment, it may be time for a reality check. According to a pan-India survey by Track2Realty, more … READ FULL STORY
The construction industry in Mumbai and Delhi, is eagerly waiting for the single-window clearance of all approvals within 30 days, to be implemented. The procedure is at the final stage of implementation, in both … READ FULL STORY
Seven years after booking an apartment with a leading pan-India developer, Mohit Khan lost patience and approached the developer for a refund. Khan was denied on the basis of the claim that the project … READ FULL STORY
In its Residential Investment Advisory Report 2016, real estate consultancy Knight Frank India has identified Golf Course Extension Road as one of the destinations that has the potential to offer the highest price appreciation … READ FULL STORY
The real estate market in the Noida Extension area, in the National Capital Region (NCR), warrants close observation. Among the factors that favour buyers in this market, is the oversupply of under-construction and near-completion … READ FULL STORY
In a recent judgment, the Delhi High Court has held that service tax cannot be levied on the purchase of under-construction flats. Presently, service tax of 15% is levied on 25% of the consideration … READ FULL STORY
Mumbai and its surrounding areas offer a healthy mix of real estate options, which has been possible, largely due to the region’s infrastructure and connectivity. “If connectivity is improved, then it will be easy … READ FULL STORY
