Luxury homes

Top 6 biggest houses in the world

Antilla, India  Antilla, situated in Mumbai, India, is home to the business tycoon Mukesh Ambani. The 27 story house was designed by Perkins and Will and constructed by Leighton holdings. The Antila is 190m tall and has 6 floors for parking that are intended to accommodate 168 cars. The house’s roof has a helipad, and one entire floor is dedicated to air traffic control. This is genuinely...

Customer conversion rates for real estate improve, post-COVID-19

While the COVID-19 pandemic shook the economy in general and the real estate market in particular, developers across the country also woke up to an unexpected but pleasant reality – client conversion rates improved following the pandemic. When the lockdown was imposed, footfalls dropped to 35%-40% of pre-COVID-19 levels. Nevertheless, the transaction rate or strike rate improved substantially....

Which is better – Buying a house or living in a rented apartment?

While owning a home is typically every Indian’s dream, skyrocketing property prices, especially in metros, have led to people preferring to rent rather than buy. Many who can afford to purchase a home, on the other hand, face a difficult decision between buying and renting. In India, it has been observed that people who can afford to buy a house place a higher value on owning a home, with renting...

‘Pagdi’ buildings may be brought under RERA

MUMBAI: The government is planning to bring tenanted or cessed buildings and tenants of such buildings under the Real Estate (Regulation & Development) Act, 2016 (RERA),providing for the first time the same protection to these consumers as those available to other home buyers. The tenanted or cessed buildings that dot the landscape of many cities, especially Mumbai, house people who have been...

Retirement and second home market is expected to grow at a CAGR of 23.63%: Report

The retirement and second home market segment in India are expected to grow at a CAGR of 23.63% in the next 5 years, according to a report by 360 Realtors. The current size of the market is USD 1.394 billion and is set to reach USD 4.021 billion by 2026. At the onset of the previous decade, the concept of such a home started becoming popular in the country. Goa became a natural choice, comprising...

Luxury Homes Expected In 2022

The constantly evolving definition of a home combined with Indians’ rising purchasing power is driving the luxury property market across the country’s top metros. Read on for a detailed analysis This is the year of the luxury home-buyer and realty experts envisage a phenomenal jump in the sales of and the demand for luxury apartments in the Rs 10-25 crore range. A survey released by India...

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