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
Dubai’s Stunning Real Estate Rebound Drives Record Rents and Sales!
Tags: DubaiReal EstateUAE
The Middle East’s financial capital of Dubai established a record for total house sales last year and drove rents to previously unheard-of heights as a result of a spectacular reversal in the real estate industry. According to real estate advisor CBRE Group Inc., the city recorded 90,881 real estate transactions in 2022, breaking the previous high of 81,182 transactions achieved in 2009. Residential leases, also known as Ejari contracts, rose by 11% in 2022 compared to the previous year, which was a result of an increase in the number of transactions in the resident city. In an interview, Taimur Khan, the director of CBRE Research, remarked, “It’s been a great year. “This is the biggest number of transactions on record, … 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
All About Gaothan properties of Maharashtra!
Tags: Real EstateRealty Guide
Gaothan is the Marathi word for “village” (“gao” – village, “so” – place). Gaothan are the sections of land that make up a village, town, or city. Legally, Gaothan is a location that is a part of a village, town, or city, in accordance with Section 122 of the Maharashtra Land Tax Code. This shows that in addition to a town, Gaothan may also refer to a site inside a city or metropolis. When specific requirements and circumstances are satisfied, some portions of the city are regarded as Gaothan.… 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
Tips for Choosing the Right Interior Designer!
Hiring an interior designer can be a great way to ensure that your home or office space looks and feels exactly how you want it to. Here are 10 tips to keep in mind when hiring an interior designer:… Read more
How may NRIs use powers of attorney to handle real estate in India?
Simply put, it is an authorization (power of attorney) that a principal provides to a representative. The principal and the solicitor have a private relationship, and the principal would be bound by the solicitor’s decisions. For instance, if a person purchases property in India but is unable to see it in person, Any family or friend with a power of attorney registered can get these rights and duties by editing registration.… 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
