The National Common Mobility Card (NCMC), often referred to as ‘One Nation One Card,’ is a revolutionary initiative by the Government of India aimed at simplifying public transportation and enhancing the ease of commuting for citizens. This smart card is designed to be a one-stop solution for all your transportation needs, offering convenience, affordability, and flexibility. In this blog, we will delve into the uses, features, and application process of the National Common Mobility Card.… Read more
Unraveling the Dip in Demand for Affordable Housing in India!
Tags: IndiaReal Estate
In a surprising twist within India’s real estate landscape, the demand for affordable housing has witnessed a steep decline, raising questions about the factors influencing this unexpected downturn. Once considered a beacon of hope for millions seeking their own homes, the affordable housing sector is now grappling with challenges that have cast a shadow over its growth trajectory.… Read more
Indian Real Estate: A Lucrative Investment Option for NRI Investors!
Tags: IndiaNRIRealty Guide
The Indian real estate market has long been a magnet for Non-Resident Indian (NRI) investors seeking to capitalize on the country’s growth and diversify their investment portfolios. With its dynamic economic landscape, demographic trends, and evolving property sector, India presents NRIs with a unique opportunity to harness the potential of the real estate market for financial gains and long-term wealth accumulation.… Read more
The Vision Behind India’s 11 Industrial Corridor Projects!
Tags: IndiaInfrastructure
The Government of India is developing 11 industrial corridor projects across India. These projects are part of the National Industrial Corridor Development Programme (NICDP), which was launched in 2006. The NICDP aims to develop world-class industrial corridors that will promote economic growth and create jobs.… Read more
The Next Generation of Property Owners: Minors in the Indian Real Estate Market!
Tags: IndiaRealty Guide
A minor, in India, is a person who is under the age of 18 years. According to the law, minors cannot enter into contracts, including property transactions. Therefore, a minor cannot buy property in their own name. However, a minor can own property if it is gifted to them or inherited from a deceased relative. In these cases, the property will be managed by the minor’s guardian until they reach the age of 18.… Read more
Shared History, Divided Property: Ancestral Property in India Explored!
Tags: IndiaLegalRealty Guide
Ancestral property in India is property that is inherited by a person from their ancestors. It is also known as coparcenary property. Ancestral property is typically divided among the male members of the family, but daughters can also claim a share in the property under certain circumstances.… Read more
What’s Fueling Demand in India’s Real Estate Market?
Tags: IndiaReal Estate
In recent years, India’s real estate market has experienced a significant boom, attracting both domestic and international investors. This surge in demand has raised questions about the driving forces behind the country’s real estate growth. Several key factors contribute to this upward trajectory, including economic growth, urbanization, demographic changes, government policies, and evolving consumer preferences.… Read more
What will happen to PE Investments in India’s Real Estate Market in the Near Future?
Tags: IndiaReal Estate
Private equity (PE) investments have become a significant source of capital in India’s real estate sector. These investments have played a crucial role in supporting the growth and development of the sector. However, in recent times, there have been several factors influencing the dynamics of PE investments in the Indian real estate market. This article explores how PE investments in India’s real estate sector are expected to play out in the near term.… Read more
Iconic Symbol of Governance: Unveiling the New Parliament Building’s Fascinating Facts and Architecture!
Tags: IndiaInfrastructure
On May 29, 2023, Prime Minister (PM) Narendra Modi officially opened the new Parliament building. The former, 96-year-old structure has been replaced with the current one, which was created as part of the government’s Central Vista Redevelopment Project. The Sengol, a traditional gold sceptre, was also added by the prime minister to the new structure. According to Modi, the New Parliament House represents the hopes and aspirations of 140 crore Indians and was dedicated to the country.… Read more
Creating Livable Cities: Unveiling the Atal Mission for Rejuvenation and Urban Transformation (AMRUT)!
Tags: IndiaInfrastructure
The Atal Mission for Rejuvenation and metropolitan Transformation (AMRUT) was established by the first Narendra Modi-led administration at the Centre with the goal of enhancing the standard of living in India’s metropolitan regions. By pledging 139 lakh water connections, 145 lakh sewer connections, storm water drainage projects, green spaces, and LED lighting, the PM launched the mission in June 2015 with the intention of completing the urban regeneration initiative in 500 cities by FY20.… Read more
