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

Developers in Maharashtra will now be required to construct fire evacuation lifts (FEL) in high-rise structures of 70 metres (about 22 storeys) or above. The Maharashtra Government’s Energy Department has published a directive declaring it compulsory. This is in response to a statement made by BrihanMumbai Municipal Corporation in 2018.… Read more

For a long time, Indian real estate has adopted theme-based developments such as nature-inspired residences and sports-themed townships, among others. Child-centric houses are the new ‘kid on the block,’ with developments offering apartments particularly intended for young couples with children. The unique selling point of these projects is the abundance of facilities geared at providing a caring atmosphere and supporting the overall development of the children. Developers that are intent on breaking into the market with creativity and ingenuity and intent are quickly embracing this notion. While new-age purchasers are enthusiastic about theme-based developments, they may have concerns about child-centric residences. Here are the solutions to the most often asked questions about a child-themed residential property.… Read more

The downturn in the real estate market has caused many investors and purchasers to revaluate their consumer choices. People frequently book an apartment but are not able to complete the purchase owing to unforeseen circumstances. According to property consultants, although the majority of cancellations are the result of purchasers evaluating their financial situation, another typical reason is unneeded project setbacks.… Read more