For the registration of recent projects in the dwelling, industrial, and mixed-land use categories, Uttar Pradesh RERA has received about 125 applications in the first half of 2022. 34 percent of those parcels are from NCR areas, and about 66 percent are from non-NCR districts. Concerning the packages for brand-new project registration, the residential class has the highest percentage—roughly 75%—and the packages for commercial and mixed-land-use projects have the lowest percentage—25%.… Read more
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Real estate for businesses in the era of the hybrid work model
As the world has changed, so have the people, economies, and governments that have emerged from the second wave of the epidemic. The laws of the past have been revised for the present and the future. Businesses are genuinely focusing on the need for the modern generation to increase productivity, maximize customer satisfaction, and tap the right target market quickly and efficiently. The need for a complex workplace structure that allows for contractual flexibility, freedom of development, and the ability to relocate has increased as a result of its expansions and revaluations. The demand for freshly built industrial properties that meet all requirements to complement the hybrid painting version is skyrocketing among IT behemoths, businesses, and providers of financial services.… Read more
By 2027, the market for green building materials is anticipated to reach $523.7 billion
In 2021, the market for environmentally friendly building materials reached a value of US$ 280.5%. The author projects that the market will reach US$ 523.7 billion by 2027, growing at a CAGR of 11.06 percent between 2022 and 2027. We continuously monitor and compare the direct as well as the oblique impact of the pandemic on various give-up use sectors while keeping in mind the COVID-19 uncertainties. These observations are included in the text as a top-notch market contributor.… Read more
Why buying real estate in Dubai is still the greatest option for Indian investors today?
Dubai’s real estate district is growing as policies that prioritize investors attract local and international purchasers. The most recent sales numbers for Dubai real estate in the previous thirteen years was Dh22.7 billion.… Read more
All About Purvanchal Expressway
The infrastructure project, which is unquestionably one of the largest completed by the Uttar Pradesh government and is expected to cost Rs 22,496 crore, has been hailed as the “provider of improvement” for the poor Purvanchal region.… Read more
Everything to know about the Pune Metro project
The foundation stone for the Pune Metro was set in December 2016 after being conceptualized in 2009. The Maharashtra Metro Rail Corporation Limited (MahaMetro) has covered both elevated and underground options inside the partially functional corridors from Pimpri Chinchwad Municipal Corporation (PCMC) to Swargate and Vanaz to Ramwadi, with a projected cost of about Rs 11,400 crore.… Read more
AAI raises the ceiling height for constructions near Navi Mumbai Airport to 48 stories
The City and Industrial Development Corporation of Maharashtra Limited (CIDCO) announced on July 30 that all building proposals within a radius of 20 km from the approaching Navi Mumbai International Airport (NMIA) will now be accepted to accumulate to a height of a hundred and sixty meters (46-forty eight floors), removing the fifty-five-meter cap (15-sixteen floors).… Read more
All To Know About Greenfield Project
Real Estate Greenfield Project: The names “Greenfield” and “Brownfield” are frequently used to describe projects, causing one to wonder what the key distinction between the two is. While we may go into great detail about this idea in this article, it’s far better to start by clarifying that a Greenfield enhancement is an upgrade of an existing business, whereas a Greenfield venture is another term for a brand-new venture.… Read more
Indian investors cheer as Dubai relaxes Golden Visa regulations
According to the Economic Times, the United Arab Emirates (UAE) recently revised the rules on golden visas, which led to a surge in demand for opulent homes inside the Gulf nation. The study made clear that an increasing number of buyers are Indians buying a second home in Dubai. The UAE’s “golden visa” program enables “outside workers to stay and work or visit within the UAE while enjoying unique benefits.”… Read more
How did Hyderabad’s real estate market become the costliest in South India?
Hyderabad residential real estate has surpassed other major home markets in south India to become the most expensive housing market in the area after experiencing an extremely rapid price rise over the past eight years. Hyderabad is the second most expensive real estate market in India’s eight major housing markets, behind Mumbai, according to data available on PropTiger.com. The town, which is known as India’s pharmaceutical industry, had an average price of Rs 6,100 to Rs 6,300 per square foot for new assets and unsold inventories.… Read more