The affordable category has been the saviour of the housing sector, which is experiencing its worst phase in the past five years. One major hurdle faced by lower middle class and EWS citizens is the cumbersome procedure in getting construction plan approved by local authorities. Since it is mandatory to […]
Making It Inexpensive
On the eve of presentation of the State Budget by Chief Minister B.S. Yediyurappa (on March 5), stakeholders and experts met him and gave suggestions related to the real estate sector in Karnataka. Presently there is a uniform stamp duty of 5% on immovable property sales/transfers in the State. It […]
High Inventory Of Affordable Homes Anarock’s Blame Real Estate Developers: Anuj Puri
Poor quality and lack of infrastructure deterred buyers of affordable homes, which contribute the most to the unsold inventory, according to Anarock Property Consultants Pvt. Ltd. “Most of the unsold supply is at the periphery of the cities, built assuming people will move in despite absence of any social or […]
Dream House Is Not For You If You Cannot Afford It
For many years now India’s real estate has been under what is called a ‘time correction’. It’s been something like a decade. Time correction is a slightly fancy (actually, misleading) way of saying that prices are stagnant. At some point, this stagnation will end and real estate prices will head […]
Property Grabbing By Tenants Will Soon Be A Thing Of Past. Rent Out Your House Without Any Concern With New Rent Policy
In a massive relief to homeowners and landlords against illegal occupancy of property, the government has said that it is formulating a new rental policy which is likely to check existing loopholes of the system. “Very soon you will see a rental policy out,” Union Minister Hardeep Singh Puri said […]