The North Delhi Municipal Corporation (NDMC) has recommended raising the height of residential dwellings inside the town by 2.5 m to improve the utilization of available land. If this happens, property owners could be permitted to build five-story residences following the Delhi Master Plan 2041. Examine more to get the rationale behind the idea.… Read more
All About Malleshwaram, Bangalore
One of Bangalore‘s oldest communities, Malleshwaram or Malleshwara is a well-planned area situated in the city’s northwestern region. From the well-known Kaadu Malleswara temple comes its name. H. V. Nanjundaiah, the first Vice Chancellor of Mysore University and acting Dewan of Mysore established the area. Due to its historical richness, this area has adopted a more modern aesthetic, with some enormous homes being replaced by multi-story buildings. Its population is diverse, with a sizeable portion of upper- and center-class households. Sampige Apartments, Brigade Gateway, Renaissance Park, Salarpuria Sattva Luxuria, and Tripura Nest are a few of the noteworthy residential developments in and around Malleshwaram. The area has good transportation connections to several significant areas.… Read more
The Locality Overview: Ulwe Vs Panvel
In Navi Mumbai, Ulwe and Panvel are the two most popular areas that draw large investments in property. These locations, which are under CIDCO management, offer several facilities that support a comfortable lifestyle. The question that matters is which of the two is best for domestic purchases. … Read more
Things to consider before selling an under-construction home
You could have also reserved a property that was not up to par. However, there may be circumstances that force you to sell that property before taking possession. How should you proceed? In such a situation, several problems can potentially arise, such as: Is it illegal to do so? Will the value ever increase? How do I begin? Here are the answers to your problems to give you some clarity.… Read more
Impact of the GST on the cement industry
Following China, the Indian cement industry produces the second-largest amount of cement worldwide. According to the Indian government’s 2017 Budget, which was presented by the finance minister, Mr. Arun Jaitley, these issues are of utmost importance, including expanding infrastructure, more affordable housing, and roadways. Therefore, it is projected that the cement industry will improve shortly. The real question is, will the GST’s introduction affect this anticipated growth?… Read more
Locality Overview: Greater Kailash, Delhi
Greater Kailash I (GK-I), which is located alongside the Outer Ring Road, is a posh residential neighborhood and a popular destination for high-end shopping thanks to its well-known M-Block and N-Block markets. The neighborhood is home to a variety of high-end branded retail establishments, restaurants, bakeries, pubs, and cafés. Numerous parks in GK-I contribute to the neighborhood’s overall environment. … Read more
Blackstone plans mega REIT in India
Attempts are being made to move a massive real estate investment trust (REIT) and list it domestically by US-based fund house Blackstone and its partners Salarpuria Sattva and Panchshil Realty, both of which are situated in Bengaluru and Pune, respectively. According to sources familiar with Blackstone and its partners, they want to add about 45 million square feet to the REIT. It might be the most significant in all of Asia in terms of rectangular images, and the REIT would wish to raise between Rs 7,000 and Rs 8,000 crore through a public offering. The draught documents for this will be submitted to the capital markets regulator the following year.… Read more
Which nations let Indians purchase homes?
United Arab Emirates Dubai
Dubai is undoubtedly one of the most popular investment destinations for Indians, as seen by the regular property acquisitions made with the help of industry heavyweights like Mukesh Ambani, Shahrukh Khan, and Abhishek Bachchan. The government of the United Arab Emirates (UAE) has been working to reduce its stockpile, and its tax-free standards for purchasing property encourage sales. Additionally, the remainder of the Golden Visa program allows foreign nationals to receive a 10- to 12-month permit for a minimum investment of AED 2 million.… Read more
Should you purchase a home next to a highway?
The State governments and builders have started concentrating on the outlying areas alongside the roads to lessen the housing burden now that the metropolitan centers are operating at their full capacity. Highways are now home to rapidly developing sports and real estate hotspots as a result of this. Strong instances of this type of upgrade, often referred to as ribbon improvement, are National Highway (NH) 24, the Noida-Greater Noida Expressway (Delhi NCR), the Pune-Nashik Highway (Pune), and Mysore Road (Bangalore). That begs the crucial question: Should you buy a possession next to an expressway or highway?… Read more