Bengaluru’s residential real estate market was ranked second, in total residential launches in India with about 13,400 new unit launches, post RERA, in H1 2017. However, the market faced a notable drop of 23 … READ FULL STORY
Alka Rajpurohit, a non-resident Indian (NRI) from Dubai, wanted to sell her luxury apartment in Gurgaon and instead, buy a premium apartment in Noida. Rajpurohit’s decision, reflects the changing dynamics of NRIs’ investments in … READ FULL STORY
IT/ITeS and BPO companies, have been instrumental in attracting the young workforce to big cities like Delhi, Bengaluru, Mumbai, Pune, Hyderabad, Jaipur, etc. Consequently, this job sector has significantly impacted the rental landscape of … READ FULL STORY
With rising demand for office spaces in Delhi, co-working spaces have gained popularity. The trend started last year, with providers of such spaces enticing start-ups and self-employed people to lease such properties. Now, these … READ FULL STORY
Air India (AI) has put up for sale as many as 27 flats, besides several residential and commercial land plots, as well as office buildings across the country, as part of its snail-paced asset … READ FULL STORY
The 7th Pay Commission has been notified and the salaries of central government employees and pensioners, are set for a major revision. This is likely to boost demand and liquidity in the real estate … READ FULL STORY
As the office demand continued to intensify in Q2 2017, an upward pressure on rental values was observed in a few micro-markets across India. A high rental growth was seen mostly in the southern … READ FULL STORY
A National Green Tribunal (NGT) bench, headed by chairperson Justice Swatanter Kumar, directed that the additional chief secretary of the Department of Urban Development and the chief executive officer of the Lake Development Authority, … READ FULL STORY
Festivals are considered as an auspicious time to invest in property. Consequently, developers offer freebies and various lucrative schemes as incentives to home buyers during such festivals. While many home seekers try to purchase … READ FULL STORY
Torrential rains that hit Bengaluru over the last few days, have caused thick froth to spill on to the road from Bellandur lake, causing inconvenience to commuters driving along the stretch. Videos, showing cars … READ FULL STORY
Realty prices in the country, have been impacted by various factors over the past year, such as the GST, RERA, demonetisation and the support to affordable housing. Experts point out that property prices were … READ FULL STORY
Housing.com, part of Elara Technologies Pte Ltd, which also owns PropTiger.com and Makaan.com, on August 9, 2017, unveiled its key insights on house renting patterns. According to their research, 1-BHK units are the preferred … READ FULL STORY
Although the market had returned to normal after the demonetisation drive in November 2016, it was further impacted by the implementation of the Real Estate (Regulation and Development) Act (RERA) and the nationwide execution … READ FULL STORY
