When it comes to giving out their property on rent, owners’ concerns generally revolve around the quantum of rent to be charged, tenant’s ability to pay, queries pertaining to the lease agreement, lock-in period, … READ FULL STORY
Investment in second homes, is driven by a segment of buyers, who seek profits out of real estate investments or hold it for prestige. While Indians have invested in second homes for quite some … READ FULL STORY
The market for rental accommodation in the Delhi-National Capital Region (NCR), has remained strong, especially along the outskirts. With the government’s demonetisation drive affecting real estate sales, the rental market has gained momentum. Consequently, … READ FULL STORY
Commanding gross effective rentals of USD 88.8 per sq metre per month, Connaught Place in Delhi, emerged as the third-most expensive office district among global peers across 20 international cities, on the index topped … READ FULL STORY
In its last meeting, on March 13, 2018, to discuss ways to better manage properties seized, frozen or confiscated under the Prevention of Money Laundering Act (PMLA), including those belonging to fugitive businessmen Vijay … READ FULL STORY
According to a study by property portal NoBroker.com, on a sample size of 7,063 tenants from across the country, nearly 83 per cent of the respondents preferred to search online, for prospective properties to … READ FULL STORY
Andheri west, in Mumbai, is a premium real estate location, with posh areas such as Lokhandwala and Versova. The area has always witnessed huge demand for residential homes, especially from the elite class. Hence, … READ FULL STORY
While most Indians aspire to own a house, the present state of the economy, high real estate prices and uncertainty following the demonetisation drive, have forced people to adopt a wait-and-watch approach. In this … READ FULL STORY
In its budget recommendations to the Finance Ministry, the Forum for People’s Collective Efforts (FPCE), a not-for-profit organisation, has suggested that the Anti Profiteering Authority needs to take stern action against those builders, who … READ FULL STORY
People who are unmarried or single, often face problems in finding apartments on rent, across the major cities of India. “Being single is a lifestyle statement. It is not a crime by any stretch … READ FULL STORY
In a letter to Prime Minister Narendra Modi, a pan-India home buyers’ pressure group, ‘Fight for RERA’, has said that for projects that are delayed for more than five years, banks should be ready … READ FULL STORY
From November 1, 2017, government-owned properties in Maharashtra will be rented out through online service, which will essentially save time of the authorities. A Government Resolution (GR) issued on October 18, 2017, stated that … 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
