Over the years, the Indian real estate market has grown significantly, and it is anticipated that this trend would continue in the upcoming ten years. industry research projections predict that the Indian real estate industry will expand by 2028 at a Compound Annual Growth Rate (CAGR) of 9%. This bullish view of the Indian real estate market is the result of many factors.… Read more
Chloride Alert: IIT-Delhi Audit Reveals Damaging Effects on Buildings along Dwarka E-way!
Tags: InfrastructureNews
According to a report by TOI (Times of India), an audit conducted by the Indian Institute of Technology-Delhi (IIT-Delhi) has raised concerns about the safety of buildings along the Dwarka Expressway corridor in India. The audit was commissioned by Godrej Properties and revealed the presence of chloride in the water within some structures, which has a detrimental impact on the concrete used in these buildings.… Read more
PropertyPistol Secures Impressive Rs 45 Crore Funding from ICICI Bank and Baring Private Equity Partners!
Tags: News
PropertyPistol, a proptech startup, has successfully raised Rs 45 crores in Series A funding. The funding round was led by ICICI Bank and Baring Private Equity Partners India. The company intends to utilize the investment to support its growth and expansion plans.… Read more
Telangana announces “cool roof” legislation to lessen the effects of heat on structures!
Tags: NewsReal Estate
Telangana, a state in southern India, has recently announced a pioneering policy to mitigate the impact of heat on buildings. The state government has introduced a ‘cool roof’ policy that aims to promote the use of reflective and heat-resistant roofing materials in new and existing buildings. This innovative initiative is expected to significantly reduce the urban heat island effect, improve energy efficiency, and create a more comfortable living environment for residents in Telangana.… Read more
In the last seven years, one out of every ten Indians has purchased a new home, yet bank financing remains the least common
Tags: News
Owning a home is a dream for many Indians, and it is considered a symbol of stability and security. However, a recent report has revealed that only one in ten Indians has been able to purchase a new house in the last seven years, and financing from banks for home purchases is at an all-time low. According to a report by the Reserve Bank of India (RBI), only 10% of Indian households have been able to buy a new house between 2014 and 2021. The report also highlighted that the percentage of households that own a house has only increased by 2% during this period.… Read more
Why is the festive period the ideal time to invest in real estate?
Tags: News
The festive season in India is a time of joy and celebration, and it is also a great time to invest in real estate. This is because the real estate market in India experiences a surge in demand during this time, and developers offer attractive deals and discounts to attract buyers. One of the reasons why the festive season is a great time to invest in real estate is because of the sentiment associated with the season. It is a time of positivity and optimism, and people are more willing to make big-ticket purchases such as a new home. This leads to an increase in demand for homes, which drives up prices in the real estate market.… Read more
Brick manufacturers desire a decrease in GST rates.
Tags: IndiaNewsReal Estate
Overview of the case
Kiln owners all throughout the country are now on strike for over four months. In India, there are around 1.5 lakh brick kilns. The closure has harmed over three crore workers. The All-India Brick and Tile Manufacturers Federation (AIBTMF) General Secretary, Omvir Singh Bhati, stated, “We are in a difficult situation. Our kilns are being shut down across the country because we are confronted with the inability to do business in the lack of demand and excessive input costs. We demand that the government reinstate the GST.”… Read more
Indian real estate recovers in all major industries in 2022!
Tags: NewsReal Estate
For the first time in ten years, all three segments of the Indian real estate market residential, office, and retail saw growth in 2022. The difficulty of working from home and hybrid workplace options was addressed in 2022 when apartment sales reached their greatest level in over a decade and office occupancy recorded its second-best year. More than 3,120 properties were sold in eight of the biggest housing markets in the nation, a 34% yearly increase. According to Knight Frank India, the number of newly built homes grew by 41% after 3.28 lakh units were added.… Read more
Over the next five years, BK Modi Group intends to spend USD 1 billion in India’s real estate and wellness industries.
Tags: IndiaNewsReal Estate
Over the next five years, BK Modi Group wants to spend around $1 billion in India’s real estate and wellness industries since it believes these two industries have enormous development potential. BK Modi, the founding group head, claimed in an interview with PTI that there are vast prospects to incorporate new technology into the real estate and wellness industries. When questioned about the anticipated investment in these new facilities, he responded, “We will invest around $1 billion over the next five years. He stated that the committee will also include international investors in planned projects when speaking of the source of the money. The organization is currently thinking about growing this business after already partnering with a developer to establish … Read more
Real estate trends to watch out for in 2023!
The Indian real estate market reached a new peak in 2022. With considerable improvements in both home sales and new buildings, this positive trend is anticipated to last well into 2023, with sales remaining higher than in 2014 and better than in 2022. Despite numerous ups and downs in recent years, the Indian real estate industry, which has demonstrated and is often seen to be unaffected by market volatility, has met investor expectations. Positive expectations and increasing momentum have demonstrated its ability to compete and will do so in the upcoming year. Every sort of investor may find something in the Indian real estate market, except those who wish to play.… Read more
