While policy changes like demonetisation, the Real Estate (Regulation and Development) Act (RERA) and the Goods and Services Tax (GST) may have caused a temporary slowdown in the real estate market, the long-term impact … READ FULL STORY
When it comes to a women home buyers and investors, they are now getting special attention from the government and banks. “As women increasingly become financially independent, their propensity to purchase a home and … 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
Owing to cultural upbringing and high property prices, 82 per cent Indian millennials still live with their parents, with a majority of millennials still aiming to own a quality home. This was part of … 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
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
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
With the implementation of the Real Estate (Regulation and Development) Act (RERA), the residential real estate industry is witnessing significant changes. The Act strictly prohibits builders from advertising their under-construction projects, while allowing the … READ FULL STORY
According to rating agency CRISIL, the demand for residential properties is unlikely to revive in the next 12-18 months, as the fundamental problem of lack of end-user buyers, is unlikely to change any sooner. … 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
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
