Mayur Shah, an NRI from Boston, wanted to invest in a residential house in India. His first choice naturally, was his hometown of Ahmedabad. However, he was advised by the local agents to instead … READ FULL STORY
For a long time, the property market was going through the problem of excess unsold inventory, but the property rates were not falling. Now, according to various media reports, property rates have fallen, after … READ FULL STORY
When it comes to taking a property on rent in India, tenants often have to pass through a number of uncomfortable questions, ranging from food habits to personal lifestyle choices. Consequently, a majority of … READ FULL STORY
In the real estate market, a higher average rental in a location normally indicates high demand and low supply of properties in that location. Pune’s property market has shown consistent growth in rental yields. … READ FULL STORY
‘Fools build houses, and wise men live in them’. This British proverb is often used in arguments against buying a house. Investing in a house is a very important decision, as the amount needed … READ FULL STORY
The Indian rental market has been demanding a new law to counter the Rent Control Act, 1948, for a long time. Recently, the government has shown interest in passing the Draft Model Tenancy Act, … READ FULL STORY
The start-up ecosystem in the country, which for long depended solely on angel investors and venture capitalists, has today been buoyed by a slew of initiatives, like the central government’s Startup India. Along with … READ FULL STORY
Compared to Q2 2015, when Mumbai’s rental values had bottomed out, the city will now start to see acceleration in its rental value growth from Q2 2016, says a report titled Global Real Estate … READ FULL STORY
Pramod Varshney shifted to a rented 2-BHK flat in Noida’s Sector 137, a couple of years back, at a rental of Rs 13,500 per month. The lease agreement specified a 10% hike in rentals, … READ FULL STORY
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
The finance bill, was presented in the parliament on February, 29, 2016. It became a law, after receiving the president’s assent, from May 14, 2016. This Finance Act 2016, has certain provisions, which will … READ FULL STORY
India’s housing market has some of the lowest rental yields, globally. In a country where most of the cities offer rental yields of as low as 1%-1.5%, one city stands apart. Bengaluru, in stark … READ FULL STORY
Hyderabad resident Mihir Handa, moved to Mumbai recently. Naturally, he had been skimming through the innumerable websites that facilitate renting homes. However, most of them directed him to a broker who charges at least … READ FULL STORY
