The son of former US President Donald Trump, Donald Trump Junior, is the executive vice president of The Trump Organization and may visit India this month. Donald Trump Jr. is expected to announce his business expansion within the Indian real estate industry, according to a report. The Trump Organization, with headquarters in New York, partnered with Tribeca Developers, with headquarters in Mumbai, to enter the Indian real estate industry.… Read more
The greatest and worst luxury real estate markets for 2023 are expected!
According to a fresh new report, wealthy investors who are betting on luxury real estate may profit best by utilizing depositing their money in Dubai or Miami next year. According to real estate consultant Knight Frank, Dubai topped a list of the top 25 most affluent or “top” real estate markets, with prices expected to rise 13.5% in 2023. Miami came in second, with costs expected to increase by 5%. Dublin, Lisbon, and Los Angeles were next, each of which was anticipated to grow by 4%.… Read more
Dubai’s prime real estate prices are set to see the strongest growth in 2023
According to the 2023 Prime Prediction study from global real estate consulting firm Knight Frank, Dubai’s high residential housing costs are expected to have their fastest growth in 2023. According to the report, costs are expected to increase by 13.5% percent the next year as foreign buyers and high-net-worth individuals continue to show a keen interest in purchasing houses in Dubai’s Palm Jumeirah, Emirates Hills, and Jumeirah Bay Island.… Read more
The upward trend in housing costs has helped Indian cities rank higher internationally
One of the sectors with the most global recognition is real estate. It includes the housing, retail, hotel, and business subsectors. The growth of the business environment, the need for office space, as well as the need for housing in the city and semi-city, beautifully complement the growth of this area. In terms of direct, indirect, and brought-about effects across all economic sectors, the production enterprise scores 0.33 higher than the top 14 sectors.… Read more
Know all about unrealised rent!
According to the profits tax division, unrealised lease is the amount that the owner of the asset cannot acknowledge. This cash sum might be equal to the amount due on the lease. A thorough understanding of the period and its effects can help you correctly submit your taxes.… Read more
Godrej Properties adds a 50-acre residential development, in Manor, Palghar!
Godrej Properties Ltd. has announced that it has reached a deal to purchase a land lot outright in the rapidly expanding micro market of Manor, Palghar. The proposed assignment, which spans 50 acres, is expected to include 1.2 million rectangular feet of saleable space that are typically made up of residential plotted improvements.… Read more
Residential sector likely to end 2022 on a high note!
According to a report from CBRE, a commercial real estate solutions, and finance organization, the year 2022 is likely to end on a high note for the residential sector as a result of a constant trajectory fueled by strong homebuyer sentiments. In Q3 of 2022, the file said that up to 76,000 devices were on offer and 85,000 were distributed. Income increased by 50% year over year (y-o-y), even if this increase was insignificant quarterly. The report also stated that there was an annual growth of 68 percent and a quarterly growth of 11 percent in the number of unit launches.… Read more
Everything about ‘setbacks’ in residential buildings!
If a non-expert in the field of home construction were to describe structure setbacks, they would say that it is the minimal amount of open space that must be kept around a building. Any building’s construction must follow a specified setback distance that the government has prescribed. Throughout the whole creative process, this separation should be kept constant. The brand-new creation website online and any existing systems in the region have to have a good deal of space between them. This separation must be kept to prevent the shape from being too close to any nearby roads, waterways, or other structures.… Read more
Report: UAE records unprecedented growth in residential real estate
According to data provided by ZāZEN Properties, Dubai has set a 12-year high within the 0.33 sector in terms of the volume and price of the sale of off-the-plan and secondary properties. In the first half of this year, Dubai’s off-plan market had a 133% surge, and in the third quarter of 2022, 25,456 revenue transactions of AED69.72 billion were recorded. As the Qatar World Cup 2022 approaches, it is believed that the event will have a significant impact on the UAE’s residential real estate market. … Read more
Chintels Paradiso: Will there be another demolition?
Less than three months after the destruction of the Supertech Twin Towers in Noida Sector- 93 A, the National Capital Region (NCR) was jolted by another similar incidence of razing a tower of a housing complex in Gurgaon. This time, the Chintels Paradiso project in Gurgaon’s Sector-109 came under scrutiny for a terrible occurrence in February 2022, demonstrating the significance of building quality. A subsequent inquiry following the catastrophe blamed the developer and contractors. Here’s a case study on the analyzed period that highlights the motivators for it and why it should serve as a lesson to the real estate sector.… Read more