Post-demonetisation, the affordable housing segment, which is confined to the fringe areas of metros, is expected to get a boost as land prices will plummet in the next few years, especially in far-flung areas … READ FULL STORY
The real estate markets in India, seem to be aligning themselves to market realities in more ways than one. For the first time after 2008, residential apartments sold across India in the first three … READ FULL STORY
Mayur Patil, a property developer who operates in the Thane region, was surprised when Rashmi Garg, a non-resident Indian (NRI) from Britain, insisted that she would only invest in Lonavala as her holiday home. … READ FULL STORY
On the Delhi-Ghaziabad border, the price point on either side of the divide is a case study in urban housing economics. A 2-BHK property on Delhi’s side costs Rs 1.25 crores while the same … READ FULL STORY
The abolition of Rs 500 and Rs 1,000 currency notes, has come as a shock to Indian industries and the real estate market, in particular. The worry now, is that the realty market, which … 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
While the tax structure for the goods and services tax (GST) has been announced, the real estate industry is waiting to see which rate is applied to it and the construction industry. Given the … READ FULL STORY
Urbanisation in India, is increasing at a rapid pace. It is estimated that by 2030, over 40% of Indians will live in cities, accounting for a population of 600 million people. Consequently, it is … READ FULL STORY
Wadala has undergone a significant transformation over the last decade, from largely being an industrial zone to an upcoming residential market. Its proximity to Bandra-Kurla Complex (BKC) spurred large-scale land development, thereby, fuelling the … READ FULL STORY
The enactment of the Real Estate (Regulation and Development) Act 2016, is expected to provide a fillip to the real estate and construction sector and improve ease of doing business in the country. Added … READ FULL STORY
Real estate auctions have generally been associated with distressed properties, being put up by banks and other financial institutions, to recover their dues from defaulting borrowers. Consequently, real estate auctions have been viewed in … READ FULL STORY
Gross rentals in the Delhi-NCR market remained static in the first half of 2016, compared to the same period of 2015. “At Rs 77 per sq ft per month (on a stock-weighted basis), the … READ FULL STORY
One of the major initiatives taken by the Modi government, is to promote the policy of ‘Housing for All by 2022’. India has a shortage of 18.8 million urban homes for the 12th five-year … READ FULL STORY
