Kolkata, also known as the ‘City of Joy’, is witnessing a surge in demand for small office spaces. With the rise of start-ups, small businesses, and freelancers, the need for affordable and flexible office space has increased manifold. This has given rise to a new trend in the Kolkata real estate market – small office spaces. Gone are the days when businesses had to rent large and expensive commercial spaces in prime locations to establish themselves in the market. Today, the scenario has changed completely, and small office spaces are becoming increasingly popular due to their affordability, flexibility, and convenience.… Read more
Residential searches increased 14.2%, while listings up 1.9% in January-March 2023, according to the report!
Tags: Realty News
According to a recent report, residential property searches increased by 14.2% in the first quarter of 2023, compared to the same period last year. The report also indicates that the number of listings increased by 1.9% in the same period. The increase in property searches can be attributed to the overall improvement in the economic situation of the country. The pandemic-related restrictions are slowly easing, and people are getting back to their routine lives. The job market is also showing signs of improvement, which is driving people to explore new residential properties.… Read more
Here’s why Delhi surpasses Mumbai in house sales
Tags: Realty News
Delhi, the capital city of India, has recently overtaken Mumbai, the financial capital of the country, in terms of housing sales. This shift in the real estate market has caught the attention of investors, developers, and homebuyers alike. So, what could be the reasons behind Delhi’s surge in housing sales? Let’s delve into some key factors contributing to this trend.… Read more
Property prices rise due to India’s holiday house mania!
Tags: Realty News
India has witnessed a significant surge in demand for holiday homes, leading to a spike in property rates, and it’s not limited to Goa alone. Owning a holiday home has become a popular trend among Indian urban dwellers who seek a retreat from the hustle and bustle of city life, and a chance to unwind in serene and picturesque locations across the country.… Read more
Housing Demand Driven by Navi Mumbai’s Growing Job Market!
Tags: Realty News
Navi Mumbai, a planned city on the outskirts of Mumbai, has emerged as a thriving job market in recent years, driving the demand for housing in the region. With its strategic location, excellent connectivity, and planned infrastructure, Navi Mumbai has become a hotspot for job seekers, leading to an increased demand for residential properties in the area.… Read more
How a significant push by the Modi administration is enabling the real estate sector to spearhead?
Tags: Realty News
The real estate sector in India has been a key driver of economic growth for several years. The industry has been growing steadily, and the government has recognized the potential of this sector to drive the country’s growth story forward. In 2023, the real estate sector in India is expected to receive a major push from the Modi government, which is set to provide huge employment opportunities and boost for start-ups.… Read more
Ajmera Realty acquires land parcel in Vikhroli for residential development!
Tags: IndiaMumbaiRealty News
Ajmera Realty, a prominent real estate developer in India, has recently made a significant acquisition in Vikhroli, Mumbai. The company has acquired a prime land parcel in this sought-after location, with plans to develop residential properties. This strategic move by Ajmera Realty highlights the immense potential and attractiveness of Vikhroli as a residential hub.… Read more
Maharashtra Government’s Bold Move: 50% Premium Waiver for Cluster Development!
Tags: Real EstateRealty News
That sounds like a significant development in cluster redevelopment in Mumbai. The Maharashtra government has taken a step to encourage cluster redevelopment by granting a 50% waiver in premium that developers have to pay for cluster development. This waiver is applicable for schemes under Regulation 33 (9) of the Development Control and Promotional regulations and will be in effect for one year. The aim is to incentivize developers to submit their plans for approval quickly.… Read more
Innovation in Retail: DDA’s Landmark Decision on Shop Mergers in Commercial Centres!
According to the information provided, the Delhi Development Authority (DDA) has approved a policy for the amalgamation of shops/plots in integrated schemes of commercial centers. This policy applies to all commercial plots allotted by the authority, including local shopping complexes and community centers.… Read more
Hindu woman’s family property gained through partition deed is not inherited: HC!
Tags: Realty News
The Karnataka High Court has declared that an ancestral property obtained by a Hindu lady through a registered partition deed does not constitute as inheritance under the Hindu Succession Act. As a result, the property will not be returned to the woman’s father’s heirs following her death, according to the HC.… Read more
