Carpet area refers to the area that is to be covered by a carpet or in simpler terms, it is the area excluding the area occupied by the walls. Carpet area is the actual area that is used in a housing unit and hence excludes the area covered by common areas including the lobby, lift, stairs, shafts, balcony, etc. While selecting a house it is…
Brokerage issues to come under MahaRERA ambit
Mumbai Real Estate Regulatory Authority will now take up the problems of brokerages. This rule has now been issued in the rule book by the housing department from 6th of June. It has been said that the cost of the construction and the development will not include in the brokerage and marketing for any of the particular apartments. Even though there the expenses are huge,…
India may have entered âQuasi Recessionâ as GDP growth declines
India is experiencing a growth slump which is the longest since the year 2012. It has grown to become an accelerating concern among the nationâs policy makers who think that this is going to be a tough job to reverse the heavy downfall. Teresa John is an economist at the Nirmal Bang equities Private Limited located in Mumbai. Recently she has mentioned that, in the…
Benjamin Netanyahu invites Indian realtors to partner Israeli cos to develop projects
The real estate developers from India were invited on Tuesday by the Prime Minister of Israel, Benjamin Netanyahu. The purpose of this invitation was to boost the profit and productivity of both countries through a partnership of Indian real estate companies with the Israeli companies. Netanyahu was addressing the CREDAI which is the real estate developerâs apex body, through video messaging, that where conferencing here….
Good news for stuck home buyers. Govt plans a big move to revive stalled projects
Home buyers for a long time have been affected by projects that are stalled and not progressing. There are other complications that come involved with the process of buying a home including builders being insolvent and not interacting with the buyers properly. But there is a good news for those that have been waiting for a long time to get their dream houses. They might…
Puravankara to launch 13 housing projects worth Rs 3,000 Crore this fiscal
Puravankara Limited, a Bengaluru based real estate developer after launching 68 residential and commercial projects that have expanded over 38.47 ms ft successfully in south and west India is set to launch 13 brand new projects. This company has made its presence pretty clear all over India and has huge projects in Kolkata, Goa, Kochi, Chennai, Bengaluru, Hyderabad, Pune, Mumbai, Coimbatore, and Mangalore. Puravankara will…
Advaitha Aksha- Koramangala to enhance residential property investments- Invest Now
It is imperative that investing in the property market can reap exciting benefits for a secured future. Considering to invest in mutual funds or the stock market can help you achieve your short team goals. However, in order to provide a certain future for your loved ones, utilizing your hard-earned money towards your dream home is an ideal option. Advaitha Aksha by Advaitha ventures is…
Sobha Rajvilas- Property investment options in Rajajinagar to flourish
Investing in the property market determines the extent of returns in the near future. When compared to other forms of investments like mutual funds and stock market, investing in the real estate industry can yield formidable rewards for a secured future. Prominent developers are capitalizing on key areas in Bangalore to cater to rising demands. Sobha Rajvilas by Sobha developers is a residential marvel located…
Mahendra Aarna- 2 and 3 BHK homes at Electronic City
Investing in the property market can reap formidable rewards. Compared to other forms of investments like mutual funds and stock market, realty investments are long-term in nature and offers high returns in the long run. Residents who were content staying tenants are now transitioning towards becoming first-time property investors, which is encouraging. Mahendra Aarna by Mahendra homes is a residential property located to precision at…
Brokerage issues to come under MahaRERA ambit
Brokerage is a key factor to find a comfortable home in any metro city in India. This is often ignored by authorities. But the Maharashtra government has made a revolutionary decision regarding the brokerage issue. The housing department of Maharashtra made some positive amendments in the rules on June 6 of this year. As per this new rule the Maharashtra Real Estate Regulatory Authority (MahaRERA)…
BENGALURU IN TOP 10 ASIAN CITIES FOR REAL ESTATE INVESTMENTS
Bengaluru is called the technical hub of India. This city also has another Nickname- Garden City. Bengaluru has now another feather in its hat. This Southern city has been awarded a place in the list of top 10 Asian cities for real estates. One leading consulting firm confirmed this good news. Bengaluru has seen a sharp rise in cross- border investments in real estate. In…
Flat construction delayed by more than a year? Investors are now eligible for a refund
One has to admit to the fact that the Indian property market has contributed immensely towards uplifting the nations economy. With most of the metropolitan cities encouraging social and civic infrastructure development, residents are capitalizing on key opportunities in order to get that much closer to their dream home. Recent realty trends showcase that people who save up on funds on a monthly basis as…
Real estate developers to contribute in terms of assets to develop co-working spaces
The Indian real estate market has flourished into one of the preferred sectors that has contributed to the economy. With numerous players in the market, challenges like affordable residential spaces are countered with strategic planning. Most of the metropolitan cities are noticing trends wherein residents who were more or less content staying as tenants are now transitioning to become first-time property aspirants. With the evident…
Mumbai property market- 2019 trend forecasts
Mumbai, renowned as the financial capital of India has offered profitable endeavors as far as property investments are concerned. The city offers high profiled employment prospects which are favorable for a prosperous lifestyle. In order to save up for a certain future, residents who were content staying as tenants are now transitioning to become first-time property owners. This transformation along with evident rise in social…
How have governing bodies like RERA and GST affected the Indian property market?
Property investments are pivotal if one needs to save up for a secured future. Considered to be the most coveted in nature, residents need to plan in advance and allocate surplus funds in order to arrive at constructive purchase decisions. The Indian property market, say 10 years back wasnât performing as expected. Real estate brokers who worked with first-time property aspirants werenât able to meet…
What should Investors be aware of before they head to banks to finalize on home loan agreements
Investing in the real estate market would depend on how one allocates their funds. Being long-term in nature, residents need to allocate sufficient funds so they donât run out of options once they arrive at the site. Partnering or consulting with professional property advisers would give them an idea on how to emphasize on strategies that could enable them get in-depth information about the property…
Thumping victory for Bharatiya Janata Party (BJP)- How can the second term uplift the Indian property market?
Indian property market has transitioned to become the most profitable sector over the last few years. Most of the metropolitan cities are employing strategic ways of catering to residing needs for affordable housing. The evident transition wherein residents are moving towards becoming first-time property aspirants has paved the way for social and IT infrastructure development. With the 2019 General Elections done with, the Bharatiya Janata…
Koramangala- Your one-stop property investment destination- Hurry
Renowned as the Garden City and Silicon Valley of India, Bangalore has not shied away from providing the most amazing opportunities for investment. Be it commercial or residential projects, reputed property developers are considering Bangalore as their most preferred destination. It is a known fact that the city enjoys pristine weather throughout the year. This reason is enough for prospective residents to consider relocating. With…
Business and property investment prospects in and around Vidyaranyapura
For us to get through unforeseen challenges that life throws at us, it is important to consider to invest into something worthwhile. Putting your hard-earned money to good use, especially in the property market can reap formidable returns for a secured future. Bangalore, renowned as the Garden City of the nation offers favorable conditions, be it great weather or high-profiled employment prospects. For instance, Vidyaranyapura,…
Conserving the eco-system- Sustainable real estate investments
Investing in the property market has its own rewards. With rising urban population, the demand for affordable housing has increased significantly. With infrastructure development, property developers are coming with creative strategies in order to conserve the eco-system and provide a sustainable living environment. The overall green cover has drastically decreased with IT and social infrastructure development. To make amends, real estate developers are coming up…
Water Conservation- Why should we be aware and contribute to the eco-system
Comparing all the forms of investment, putting your hard-earned money in the property market can reap rewards that contributes to a secured future for the entire family. Considered to be the most coveted in form, the Indian real estate market has redefined the way residents go about property investments. Whatâs fascinating is that people who were more than content staying as mere tenants in order…
Godrej Properties forms JV with Omkar for sea-facing flats in Mumbai’s Bandra
Godrej Properties Ltd has recently shaped a joint endeavor with Omkar Realtors and Developers Ltd to build up a section of land, with properties and flats facing the sea in Mumbai’s Bandra West zone, as reported. Godrej Properties announced a joint endeavor with a renowned engineer. The name is yet to be disclosed. Godrej Properties will build up an extravagance private undertaking in Bandra, which…
Bangalore Elevated Corridor- Connectivity enhanced, eco-friendliness compromised
Bangalore, renowned as the IT capital of India, provides high-paying employment prospects in the IT sector. Prominent real estate developers are capitalizing on key opportunities and launching respective residential projects in order to cater to the demand by the market. Recent property trends showcase that residents who were content occupying spaces as tenants are now showing a keen interest in acquiring residential spaces for themselves….
There will be likely an addition of 200 m sq ft in the realty sector by 2019
The addition of roughly 200 million sq ft space will be occurring to the Indian real estate by 2019. This will be including various categories like the retail, the office, the residential and the logistics, which will be reaching 3.7 trillion sq ft by this time. Out of this, there will be a 40 million sq ft of development that will be taking place for…
The success of the 1st REIT IPO ensures that the Prestige Estates get a leg-up
There has been a strong response for the Embassy Office Parkâs Real Estate Investment Trust or REIT IPO. After that, there has been a turn down towards the Prestige Estates projects, a Bangalore based realtor with a huge share in commercial assets. The company had a steady rising debt and its inventory was mostly unsold, but due to the 1st REIT IPO being successful, there…
For the real estate sector, 2019 can be a great year: Irfan Razack, Prestige Estates
The 2019 standpoint will be quite positive. The supply is coming in gradually due to the new regime of the RERA. All the supply will begin coming in just after the approvals are done and the registration of all of the projects can be done with RERA. The stability of the market will surely increase while doing so. This will lead to a steady chain…
The option to opt for the old GST rates remain till May 10 for Realtors
It has been confirmed that the Real estate firms only get a time up to the 10th of May this year for the communication with the jurisdiction officers whom are currently in the charge of them. The communication is mainly for the confirmation of the wills of the firms whether they want to go on with the present GST rates, or the rates that are…
Cement industry gets a limited boost from PMAY ‘Housing for All’ scheme
A most important material for building is cement that holds the structure. It is extensively used for the construction of roads, buildings, and another building structures. In the world India is holding the 2nd position for cement production. The cement industry accounts around 67 per cent for housing from the total demand. Around 350 million tons per year cement is produced by India. The expected…
Raymond starts Real Estate Business with Thane Residential Project
Raymond which is offering a sustainable development of greenery with open space in Thane, Mumbai. This project propounds the configurations of 2 BHK and 4 BHK apartments in addition with luxurious features for every age people like, adult, child or a senior citizen. It also includes the retail space for daily need viz, banking, travel, health and so on. The whole ecofriendly and exclusive location…
RERA remains a work in progress after one year: View
The basic need of RERA is for monitoring the different statutory approval processes. There are 189 registered countries in this context and India ranks in the lowest of the groups with a rank of 181 for getting the permits of construction. Introduction The Real Estate Act, 2016 for the regulation and development is known as RERA. It was implemented for the revival of the confidence…
Office rentals see double digit growth in Q3- The fastest growing India and business of its are in high demand of space
The leasing of office space remained flat at 41.7 million sq. ft, but the average rental increased by 3% during a few years. The expansion of small to large scale of businesses now in need of smart solution of space management such as co-working space. Co-working space and building that offers rent to the companies are the defining stories of the past few years. Across…
Majority of the Indian housing structures to employ the green initiative
With climate change and population on the rise across most of the metropolitan cities, it becomes important to serve and save the eco-system as a whole. Incorporating strategies to lead an eco-friendly living experience can help us save the Indian property environment. Residents are now looking for properties that are located further-out in the city for a calm and secluded living experience. It is estimate…