Real Estate Sector Latest News, Updates & Insights – PropertyPistol Blog

Bankruptcy may be disastrous for both people and the economy as a whole. When developers or builders declare bankruptcy, leaving them in limbo with incomplete or delayed projects, home purchasers, in particular, confront major hurdles. However, recent events indicate that some relief may be on the way for these impacted consumers.… Read more

The real estate business in India has long been plagued by opacity, inefficiency, and a lack of confidence. However, tremendous progress has been achieved in recent years in reforming the sector through the pillars of openness, technology, and trust. These three factors have emerged as driving reasons behind the positive developments changing India’s real estate sector.… Read more

Birla Estates has recently made a presence in Bengaluru’s real estate industry, which continues to draw substantial investments. To build a residential building, the renowned real estate developer bought 28 acres of premium property in Sarjapur, Bengaluru. This tactical step underlines Birla Estates’ dedication to growing its presence in one of India’s most dynamic real estate markets as well as the city’s flourishing real estate industry.… Read more

With the Chennai Metropolitan Development Authority (CMDA) adopting a digital strategy, India’s real estate business is undergoing a revolutionary transition. The CMDA has made a huge transition to a fully digital platform, revolutionizing the clearance procedure for real estate developments. This digital transition provides various advantages to realtors, such as simplifying operations and shortening project durations. Let us investigate the repercussions of this gradual trend toward digitalization.… Read more

The Indian real estate sector is now witnessing a period of unparalleled expansion and tremendous transformation. A recent industry analysis identifies the fundamental reasons driving this transition and offers insight into the rising trends defining the Indian real estate environment. Let’s dive into the study’s results and consider the consequences of this astounding rise.… Read more

During the fiscal year 2023, the real estate industry in India had a huge boom in activity, with a spectacular rise of 50% in real estate deals across the country. This increase in transactions demonstrates a favorable market change, reflecting increased buyer and investor confidence. Let’s look at the elements that have contributed to this boom and the ramifications for the real estate market. Favourable Policy Reforms: To enhance the real estate sector, the Indian government has adopted many reforms, including the Real Estate (Regulation and Development) Act, 2016 (RERA), and the implementation of the Goods and Services Tax (GST) for the real estate business. Transparency, accountability, and standardized practices have resulted from these regulatory improvements, fostering trust in purchasers … Read more