The outlook for NCR residential realty market remains negative as high inventory overhang and low absorption levels continue to pose challenges. The region has high unsold stock, amounting to around 222 mn sq ft across 1.7 lakh units, but annual absorption is low at under 15%, implying an inventory overhang […]
5 Leading Home Automation Companies in India
As homeowners wake up to the need of having a house that’s technologically sound too, the trend of home automation has gained strength in India. This has led to the coming up of numerous home automation companies whose products are tailor-made to suit the requirement of Indian homes. Be it […]
How Will Haryana Government’s Move To Levy 2% Additional Duty On Property Transfer Will Affect Realty Market
The Haryana government has planned imposition of an additional two per cent duty on transfer of immovable properties located within the Municipal Corporations limits across Haryana. The proposed duty will be applicable on transfer of properties in the secondary market and the two per cent duty shall be imposed in […]
Factors Responsible For Increased NRI Investments In Real Estate In The Times OF COVID-19 Pandemic
NRI investment is a common aspect of the Indian economy. This trend has been witnessed in the real estate sector too. Non-resident Indians usually purchase a property in the country with the primary motive to either invest or use it for rental purposes. However, with the virus outbreak and resultant […]
Real Estate Developers Will Now Concentrate On Customized Offerings According To Consumer Preferences
The COVID-19 crisis has brought the spotlight back on real estate as it is the most tangible asset for investment in these uncertain times. With the emergence of work-from-home culture, homebuyers are now looking for in-built amenities that understand the needs of families and cater to different needs of the […]
Know All That You Need To Before Purchasing high-value Property Auctioned By Bank
Banks are in auction mode and high-end properties are now on the block more often. Mortgage lender Indiabulls Housing Finance recently sold a property belonging to Yes Bank co-founder Rana Kapoor, on Delhi’s posh Kautilya Marg, to a realtor for around Rs 114 crore. The property was purchased for Rs […]