Residential real estate demand has increased over the year as domestic income has seen higher demand due to low domestic mortgage rates as well as lower supply in major cities. According to Anarock data, the stock overhang will be discounted from 38 months in Q22021 to 22 months in Q22022. This is what happened as a result of people choosing to buy their own homes during the epidemic. Reduced home mortgage interest rates helped to meet a large portion of this demand. “The demand for homes has increased significantly during the past year across the nation.… Read more
Which is the best way to sell your house: Offline vs Online?
Platforms for online real estate listings
Online property listing portals are one of the most important pieces of marketing equipment in your toolbox since consumers today are technologically sophisticated and like to research and evaluate property listings online before making a shortlist and only leaving for a property tour.… Read more
How risky is it to live next to a landfill?
A study conducted inside the Italian region of Lazio between 1996 and 2008 is particularly well-known in this discipline. An extensive study of 242,409 people who lived close to nine exceptional garbage sites found a link between landfill air pollution and lung cancer fatalities. Additionally, there was a connection between hospitalizations and overall respiratory infection fatalities.… Read more
The hybrid work paradigm drives up the demand for office space
Instead of being “wiped out” as the epidemic forecasts were about cooperating areas, their percentage inside the office space leases has, in reality, drastically increased because of hybrid work forms. According to a report by real estate analysts at Anarock, cooperative regions had an eight percent growth year-over-year (YoY) as a result of businesses going “lower back to work.” Thirteen percent, or around 4.43 million square feet, of the overall 34.1 million square feet of office space that has been leased this year has been occupied by co-operating spaces.… Read more
Advice on Purchasing Commercial Land in India
Commercial real estate is one of India’s fastest-growing markets. This category typically includes offices, retail establishments, institutions, and industrial complexes. Simply described, commercial property is property that is owned to create money. Whereas many people prefer constructed facilities, commercial plots have gained popularity due to larger profits, speedier resale, and fewer investment expenses as opposed to the former. Nevertheless, in order to prevent legal complications, it is important to be aware of the complexities of purchasing commercial land. There are several variables to consider, ranging from paperwork to zoning rules.… Read more
How important is balcony size to property buyers?
People have begun to pay closer attention to their health and general wellness in the aftermath of COVID-19. The influence of this new thinking may also be observed in their housing choices. Because of the rising emphasis on open spaces, individuals are considering residences with balconies, even if they are more expensive.… Read more
Status Report on the Mumbai Trans Harbour Extension Project
Mumbai, the island metropolis that relies largely on public infrastructure and transit for connection, will soon get a facelift in the form of the Mumbai Trans Harbour Link (MTHL). The Mumbai Metropolitan Region Development Authority is building a 22-kilometre-long project that would connect Sewri in Mumbai to Chirle in Navi Mumbai (MMRDA).… Read more
What is the scope of a builder’s warranty?
A builder’s warranty is insurance issued by the builder on a new structure that obligates them to fix fundamental flaws for five years from the date of delivery. After being added as a condition in RERA, the word acquired usage. It is a must-have if you are buying a new home.… Read more
Since 2016, Thane West has led in property sales. What gives it a boost?
The landlocked suburbs of Mumbai, such as Thane, Kalyan-Dombivli, Vasai Virar, and Navi Mumbai, continue to see growth in their residential markets. However, Thane West has distinguished itself as the most vibrant micro market, beating not just Mumbai localities but also the other top 8 cities in terms of asset sales since 2016.… Read more
All About Investing in Gaothan properties
Numerous homes often referred to as “Gaothan houses” can be seen in Navi Mumbai and Thane. Such homes appeal to some buyers with limited budgets because of their cheap value. However, the majority of people are still concerned about whether or not such homes are lawful.… Read more
