The real estate market has been significantly impacted by the Indian Budget 2023–24, which was announced by the Finance Minister on February 1, 2023. The budget has included many significant initiatives targeted at advancing India’s real estate industry, which is a major contributor to economic growth. Here are some effects of the budget on real estate developers:… Read more
An emphasis on affordable housing: Budget 2023–24!
The new policies outlined in the EU budget for 2023–2024 can undoubtedly aid in the Indian economy’s prospective growth. Affordable housing has declined due to rising input costs and also because buyers in this segment, primarily from the unorganized sector, are still uncertain about the were influenced by the pandemic. Chief Minister Awaas Yojana’s allowance increase of 66% to over 79,000 crores is unquestionably a boost for affordable housing.… Read more
Union Budget 2023-24: Hits and Misses
The Finance Minister of India, Nirmala Sitharaman, unveiled the Indian Union Budget 2023–24 on February 1st, 2023, to mixed reviews from various economic sectors. While some of the budget’s statements have been hailed as successes, others have been criticized as failures. Here are some of the budget’s major successes and failures:… Read more
Report: Real estate investment increased by 32% in India
Real estate investment in India climbed 32% year over year to a record $7.8 billion, according to consultancy company CBRE South Asia Pvt Ltd. According to CBRE’s research, India Market Monitor 2022, quarterly investment in Indian real estate increased by 64% from quarter to quarter and by 115% from year to year, totaling $2.3 billion during the October-December quarter.… Read more
Tips for constructing your ideal house on a parcel of land.
Building a house takes a lot of time and work. Several elements must be considered to ensure the success of the ultimate outcome, from appointing an architect to double-checking the building quality of raw materials. The key pointers to keep in mind while building a house on a plot.… Read more
Budget 2023: The government is anticipated to prioritise rural development and infrastructure development.
The next Union Budget 2023 will prioritise infrastructure and rural development as the government seeks to enhance long-term growth while focusing on budgetary reduction.… Read more
India’s super-rich like to store their money in high towers, farms, and vacation homes: Sotheby’s
Farmhouses are often built on one to two acres of land and have an area of 4,000 square feet or more. Real estate is an appealing investment choice for high and ultra-high net worth professionals, with 61% planning to invest in property in 2023-24.… Read more
About loan against property rentals!
Real estate is a valuable asset that may be a lifesaver in difficult times in addition to giving one a place to live. For instance, a homeowner in dire need of money doesn’t need to take out pricey personal loans; instead, they can use a home equity loan to get by during the financial crisis (LAP). A home equity loan is a special instrument that enables you to maximize the financial value of your house while maintaining its ownership.… Read more
The Benefits and Drawbacks of Living in a Basement Apartment
Basement apartments are in high demand due to the growing popularity of standalone builder floors. While some homeowners convert their basements into living quarters for their personal use, others opt to make money by renting them out. Living in a basement flat, on the other hand, may bring health difficulties due to humidity and seepage issues, according to Aalok Bhasin, a Delhi-based Architect and Interior Designer.… Read more
Benefits and drawbacks of land investment!
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