In the past three years, property prices in India’s tech-centric areas such as Bangalore’s Whitefield, Hyderabad’s HiTech city districts such as Gachibowlli, and Pune’s Gondapur, have seen a sharp increase in the value of their residential properties. All three of these areas were at the top of the list of the micro residential markets with the highest increases in property prices from October 2023 to October 2020.… Read more
The Yamuna Expressway: A New Beginning
Yamuna Expressway has been a major real estate destination in recent times due to its open space and pollution-free lush environment. The ongoing construction of the Jewar International Airport will further increase the real estate potential of this area. As the prices of land in Greater Noida, particularly industrial land, have gone up, investors are looking to the Yamuna expressway area for investment. The arrival of industries will bring in jobs, which will drive the real estate classes of the area together. The Jewar airport will be a major boost to the area’s real estate potential. In the next 4-5 years, this area will become self-sustainable in terms of employment, markets, and transport.… Read more
Report: India requires 2 billion square feet of healthcare space to meet the country’s current demands
Tags: IndiaInfrastructure
According to a global healthcare report by Knight Frank, the real estate consultancy, global investment in healthcare real estate has reached $38 billion, accounting for about 4.3% of global real estate funding. India needs an additional 2 billion square feet of real estate to meet the needs of its current population, as the country’s bed-to-population ratio stands at 1.3 beds for every 1,000 people. India’s healthcare sector has grown at an average annual rate of 18 percent and accelerated with the pandemic as it strained the healthcare sector’s infrastructure and service delivery.… Read more
Why do NRIs need a Power of Attorney?
A Power of Attorney (POA) is a person who is legally responsible for the actions and misdeeds of the principal person they represent as a home-buyer. In India, many property buyers use a POA to help them with transactions related to purchasing a home. These transactions may include capital purchase of land or home, lease, sale of the property, or mortgage. When purchasing a home, you must hire a trusted and reliable power of attorney to assist you with the purchase process. A POA is commonly used by non-resident Indians (NRIs) looking to purchase property in India.… Read more
NRIs Travel Down to the South to Invest in Real Estate
Tags: IndiaReal Estate
The total NRI population in the world is 32,2 million. The largest NRI population is in the USA, with 13 percent of its population residing there. Saudi Arabia has the second largest NRI population, with 12 percent. In 2020, over 75 percent NRI population in South India looked for real estate investments, according to a study conducted by an online property portal. There is a huge influx of young people from the southern states, who either go to study abroad or work in other countries. Once they make enough money, they want to invest in property in their home state or a big city within their state. The southern markets have never been cheap, and developers in the south have … Read more
The spirit of festival celebration to add an extra sparkle to India’s Real Estate Sector!
Tags: IndiaReal Estate
The much-anticipated festive season has arrived, and true to tradition, real estate developers are once again placing their bets on its auspicious significance. This time of the year witnesses a surge in big-ticket purchases, as buyers consider it an opportune moment for significant investments. Notably, the third quarter of 2023 has already seen a remarkable 36% annual growth, with housing sales in the nation’s top 7 cities soaring to over 1.20 lakh units. Despite the rise in property prices, the festive season is expected to further elevate these numbers.… Read more
Demystifying Nakal: A Comprehensive Guide for Indian Real Estate Investors!
Tags: IndiaReal Estate
In the context of Indian real estate, the term “Nakal” refers to an official duplicate copy of a property’s land records. It serves as a crucial document for establishing ownership and verifying property details. Nakals are commonly used for various legal and administrative purposes.… Read more
Buying a Home Together? A Guide for Same-Sex Couples in India
Tags: IndiaRealty Guide
Here are a few things same-sex couples should know before buying property in India:… Read more
Property Choices Unveiled: What’s the Preference – Primary or Resale?
Tags: IndiaRealty Guide
The decision to purchase a home is one of the most significant financial choices an individual or family can make. In India, where the real estate market is diverse and dynamic, homebuyers are often faced with a crucial choice: primary or resale properties. Both options have their advantages and drawbacks, and the preference of homebuyers can be influenced by a range of factors. In this blog, we will explore the key distinctions between primary and resale properties and discuss the factors that influence the choice of homebuyers in India.… Read more
Here’s all you need to know about RERA Carpet
Tags: IndiaReal EstateRERA
The term ‘carpet location’ is a technical term used by civil engineers, architects, and planners when preparing a building or format design for your home. … Read more
