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.
Tags: IndiaInfrastructure
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
Tags: IndiaReal Estate
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
Residential sales in India’s top 8 cities reached a nine-year high, 2022!
Tags: IndiaReal Estate
In eight of the main cities in India, 2022 is anticipated to see a “breakthrough” for the real estate industry. In 2022, house sales in these cities significantly increased, reaching new records for the decade. The most recent information from Knight Frank’s 2022 Real Estate Report indicates that sales in these cities reached a nine-year high of 312,666 units. In line with this, new releases have increased as well. The industry for renting office space also saw a significant increase. in 2019 The data shows that 312,666 residences were sold in these 8 cities, an increase of 34% over the previous year. Bangalore comes in third with sales of 53,363 units, up 40%, while NCR comes in second with sales … Read more
Importance of Timely Payment of Society Maintenance Charges!
Society maintenance refers to the ongoing costs associated with maintaining the common areas and facilities of a residential or commercial society, such as an apartment complex, gated community, or office building. … Read more
