Given the high Returns on Investment, land investment is frequently prioritised above other real estate investment opportunities (ROI). However, before you take the leap, you must first grasp the benefits and drawbacks of investing in plots. outlines the asset class and identifies its primary benefits and drawbacks to assist you in making an educated selection.… Read more
India’s residential real estate offtake increases 34% in 2022: India Knight Frank
Tags: Realty News
According to information from the international real estate consultant Knight Frank, 312,666 housing units were sold in major Indian cities in 2022, a 34% rise over the previous year. Mumbai had the most house sales in 2022 with 85,169 units, followed by Bangalore with 53,363 units and the National Capital Region with 58,460 units. In addition, the price of new housing increased significantly by 41 cents per person over the previous year, adding 328,129 units. The 18th edition of Knight Frank India’s premier semi-annual study, India Real Estate: 2022, which offers a thorough analysis of the real estate market and office market changes in eight key cities in July-December 2022, was issued on Tuesday.… Read more
Residential sales in India’s top 8 cities reached a nine-year high, 2022!
Tags: IndiaReal Estate
In eight of the main cities in India, 2022 is anticipated to see a “breakthrough” for the real estate industry. In 2022, house sales in these cities significantly increased, reaching new records for the decade. The most recent information from Knight Frank’s 2022 Real Estate Report indicates that sales in these cities reached a nine-year high of 312,666 units. In line with this, new releases have increased as well. The industry for renting office space also saw a significant increase. in 2019 The data shows that 312,666 residences were sold in these 8 cities, an increase of 34% over the previous year. Bangalore comes in third with sales of 53,363 units, up 40%, while NCR comes in second with sales … Read more
What is a better investment choice: Commercial vs residential?
Tags: Realty Guide
Real estate investing has long been a well-liked diversification method. The potential to earn big gains in the form of supplementary income is one of the key benefits of investing in real estate. Home ownership, tax incentives, rental income, and other advantages are just a few of the substantial advantages that come with real estate investing. Additionally, it is less erratic than stock markets. The interest in real estate investing has grown as a result of these factors.… Read more
The difference between Possession Letter and Occupancy Certificate!
Tags: Realty Guide
Even though the title letter and the certificate of employment are two distinct papers, most first-time purchasers frequently mistake them for one another. Developers should seek out both papers, though. The purchaser must have the right to sue the organiser in the absence of a document. The title letter often states when the construction is complete or when the property is yours. It does not establish your ownership rights in a legal sense.… Read more
Indian real estate recovers in all major industries in 2022!
Tags: NewsReal Estate
For the first time in ten years, all three segments of the Indian real estate market residential, office, and retail saw growth in 2022. The difficulty of working from home and hybrid workplace options was addressed in 2022 when apartment sales reached their greatest level in over a decade and office occupancy recorded its second-best year. More than 3,120 properties were sold in eight of the biggest housing markets in the nation, a 34% yearly increase. According to Knight Frank India, the number of newly built homes grew by 41% after 3.28 lakh units were added.… Read more
Things You Should Know About the Pagdi System!
Tags: Realty Guide
Despite being a widely used rental model in India, the Pagdi system is a little unique from other rental systems. In this case, the renter pays a symbolic rent as opposed to the going market rates because they are also co-owners of the property. The tenant also has other rights, including the ability to rent and sell the property.… Read more
All About Gaothan properties of Maharashtra!
Tags: Real EstateRealty Guide
Gaothan is the Marathi word for “village” (“gao” – village, “so” – place). Gaothan are the sections of land that make up a village, town, or city. Legally, Gaothan is a location that is a part of a village, town, or city, in accordance with Section 122 of the Maharashtra Land Tax Code. This shows that in addition to a town, Gaothan may also refer to a site inside a city or metropolis. When specific requirements and circumstances are satisfied, some portions of the city are regarded as Gaothan.… Read more
What is the ideal age to purchase a home?
Tags: Realty Guide
Most people aspire to own their own house. It might be challenging for them to choose whether to purchase a home right away or wait until they are a bit older.… Read more
Importance of Timely Payment of Society Maintenance Charges!
Society maintenance refers to the ongoing costs associated with maintaining the common areas and facilities of a residential or commercial society, such as an apartment complex, gated community, or office building. … Read more
