real state

‘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...

Should You Buy A Home Now?

Many home buyers are wondering what’s next in the property market and how will it will affect the pricing. Read on to know how you can take a calculated homebuying decisionThe big hike is yet to comeIndustry insiders say that a major price hike is expected soon, and buying a home as soon as possible is the only way to benefit from pandemic-induced consolidated property prices. Atul Monga, founder, BASIC...

Will 2022 be the year to drive more occupancy for India’s real estate?

Pent-up demand and low interest rates could drive up residential sales in the immediate quarters After three tough years, India’s real estate sector is hoping that 2022 will be the turnaround year. With Covid–19 being accepted as a part of the new normal, 2022 is expected to see less volatility than previous years. Pent-up demand and low interest rates could drive up residential sales – mostly...

Year 2022 will bring of Great Opportunities for Indian Real Estate

A pandemic is not easy on anyone. But it is when things get truly difficult that we get to discover what we are truly made of. If I were to talk about what the COVID crisis revealed about the nature of the real estate industry, I would say that it revealed a spine made of steel and a soul made of concrete! As an industry, real estate has demonstrated remarkable resilience and we are expecting a robust...

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