Pune has drawn a huge variety of people who want to build their dream homes in this charming city. Pune is renowned as the “Social Capital” of Maharashtra. Kharadi is a great area to scout in Pune, with a special point out of Kharadi, according to The Economic Times’ Ten Smart Cities to Invest In. Kharadi, which was once only a hamlet, is now filled with the sounds of infrastructure development, drawing a large number of professionals to invest in high-end properties like Panchshil Towers Kharadi Pune.… Read more
Locality Overview: Lajpat Nagar, Delhi
There are 5 sub-sectors in Lajpat Nagar. Through major thoroughfares like Lala Lajpat Rai Road, Inner Ring Road, Mathura Road, and the Delhi–Noida Direct Flyway, all sectors offer excellent access to well-known commercial and recreational areas. A dedicated metro station on the Violet Line also improves the area’s connection to the majority of Delhi, Noida, and Gurgaon areas. The demand for apartments in the area is driven by hassle-free access to these important activity routes. For instance, Udyog Vihar in Gurgaon is about 20 km distant from Connaught Place in Delhi, which is around 10 km from Lajpat Nagar. The need for houses in Lajpat Nagar is further boosted by the presence of various fabric businesses.… Read more
Residential real estate on the rise: Festive season demand
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