Approval of a 700-acre Electronic City project near the upcoming Noida International Airport by the Uttar Pradesh cabinet will further boost the real estate demand in Noida, according to developers. The Yamuna Expressway Industrial Development Authority (YEIDA) will acquire land for the project and allot it to the companies. “This […]
Karnataka Reduces Stamp Duty Charges to 3% For Homes In The Range Of 35 – 45 lakhs
Following in the footsteps of its neighbour Maharashtra, the Karnataka government has proposed a 2 percent stamp duty reduction for homes valued between Rs 35 lakh to Rs 45 lakh, the state government said in its Budget announcement. Karnataka Chief Minister BS Yediyurappa proposed a 2 percent cut in stamp […]
Women Homebuyers Increase Post COVID 71% Favour Ready To Move Homes
For as many as 62% Indian women, real estate is the preferred asset class for investment. Also at least 82% women buy a home for end-use. Besides, women’s preference for real estate has risen post-COVID-19 – from 57% votes in the pre-COVID survey to 62% in the current edition, says a consumer sentiment survey released […]
Worst Might be Over Real Estate Sector But A Little Financial Assistance Would Not Hurt: NAREDCO
With the real estate sector witnessing increased transactions and positive consumers’ demand after the COVID-19 pandemic-induced lockdown, the National Real Estate Development Council (NAREDCO) has said the worst is over for the sector, but more financial support is required to bring it back on the growth trajectory. It also said […]
Things You Must Consider Before Making Any Investment in Commercial Real Estate
Amidst the current turbulent situation, commercial real estate continues to be a lucrative investment category, owing to its performance in terms of capital gains. It continues to be a valuable source of stable rental revenues. The past decade has seen commercial real estate grow exponentially —Estimates highlighted by several reliable […]