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Luxury Homes to get back in Business
- Source Property Times dated 15.01.2021 How was the Luxury Home Market in 2020? A Housing Sale of approx 1.38 Lakh units was seen across the top seven citiesOut of this, nearly 6% was in the luxury segment, priced Rs. 2 Crore Onward While the housing demand was...
read more2021 – The Year of slow but consistent progress!
- Source Property Times dated 08.01.2021 “The Organic demand driven by the desire to own home is witnessed” The year 2020 was tough and needless to say that everyone is looking forward to 2021 to bring a new wave of positivity. The residential segment was quick to see...
read moreRise of Bengaluru Home Purchases – Detailed Analysis
- Source Property Times dated 11.12.2020 “Top Cities witnessing a decisive return of serious enquiries, stats report 50% of pre-pandemic levels” The supply & demand ratio of new homes regained momentum with around 3,860 New Units Launches in Q3 improvising from 810...
read moreComeback of Commercial Real Estate Sector
Real Estate Sector has seen a great upside down change throughout this pandemic and the effect still prevails. Since the economy of many nations has started to become stable and multiple marketplace sectors have inter joined together to up draw the effect of pandemic,...
read moreSynopsis: Indian Real Estate- Opening doors (Part 2)
In the previous part of the article, we spoke about how Indian real estate has fared in the last decade and what makes our economy one of the fastest developing economy in the world. This article shall discuss about the scope of Indian real estate going ahead and what...
read moreSynopsis: Indian Real Estate- Opening doors (Part 3)
So far, we have looked at how real estate in India has shaped up in the last decade and how is the industry looking up to an exponential growth in the years that follow. In this article, we shall focus on how Indian realty sector has opened up floodgates for global...
read moreSynopsis: Indian Real Estate – Opening doors
India is one of the fastest developing economy amongst the other developing nations; both in term of GDP growth and foreign direct investment inflow. As per sources, India shall be the third largest economy by 2028 with its GDP measuring at USD 6.6 trillion which is a...
read moreAgreement for sale versus sale deed: Main differences
While buying a property, people enter into an agreement with the seller. The form and format of the agreement may be different. It may either be an agreement for sale or it may be a sale deed. People generally do not understand the difference between these two...
read moreSupertech seeks Rs 1,500 crore from stress fund to complete 12 projects
NEW DELHI: Realty firm Supertech on Sunday said it has sought Rs 1,500 crore from the government's newly created stress fund to complete its 12 ongoing housing projects at Noida and Greater Noida in Uttar Pradesh. The company said these 12 projects comprising 20,000...
read moreBDA cant cancel allotments unilaterally
The Bangalore Development Authority (BDA) cannot unilaterall Person who bought site from original allottee found himself Read more...
read moreBangalore Real Estate in a nutshell
Blessed with beautiful weather, landscapes and with so many opportunities for a peaceful living, Bangalore is the most sought-after metropolitan city for settlements in India. Bangalore is also a major technological and educational hub with the presence of...
read morePurvankara Launch
Realty firm Puravankara launches uber luxury residential line 1 min read . Updated: 05 Dec 2019, 07:04 PM IST Madhurima Nandy The first project from this segment is going to be launched, in Bengaluru’s Thanisandra Road Puravankara has launched its luxury line of homes...
read moreMercedes-Benz leases 3.5 lakh sq ft in Bengaluru for India R&D centre The initial 3.5 lakh sq ft office space leased by the company will have capacity to accommodate around 3,500 employees.
The world’s largest luxury carmaker Mercedes-Benz has picked up 3.5 lakh sq ft of commercial space in Bengaluru’s eastern peripheral area of Brookefield on a 15-year longterm lease. The company is expected to lease 1 million sq ft here including the second tranche of...
read moreThe Future of Retail Spaces
With online shopping the trend, warehouses and logistics parks to store retail products are gaining more importance. By ZAIN FAROOK - Director, Silverline Realty. When life is increasingly getting glued to the virtual world with work transpiring through the ubiquitous...
read moreBengaluru leads housing sales in Q2
Bengaluru has witnessed highest sales in residential units across the country during the second quarter of 2018, which was aided by renewed interest from IT/ITeS professionals owing to mitigated job risks in the IT sector. The tech city has seen a jump of 32% in the...
read moreChina to crack down on property irregularities in 30 major cities
BEIJING: China said on Thursday it would renew efforts to crack down on property irregularities in 30 major cities from July to end-December, mobilizing powers from seven major Chinese government agencies in a concerted effort to rein in rising prices. The country's...
read moreAbout 500 property registrations in Tamil Nadu rejected
CHENNAI: A fortnight after verification of parent documents for new property registrations was made mandatory, registration of about 500 land documents has been rejected across the state. Of these, 350 pertained to fraudulent parent documents, while registrations for...
read moreFinancial limit of smart city SPVs enhanced in Tamil Nadu
CHENNAI: The powers of the special purpose vehicles formed under the smart city project have been enhanced in Tamil Nadu as per an order issued by the municipal administration and water supply department. The boards formed by various smart city will have a revised...
read moreHong Kong set to Impose Vacancy Tax on Empty New Flats
HONG KONG: Hong Kong proposed a vacancy tax on empty new homes on Friday in an attempt to discourage developers from hoarding, but analysts expect the measure to have little impact on prices in the world's least affordable property market. The tax, at 200 % of a newly...
read moreFire NOCs to be mandatory for homes in Chandigarh
CHANDIGARH: To ensure fire safety norms are complied with, the Chandigarh Municipal Corporation (MC) is all set to make no objection certificates (NOC) mandatory for residential buildings. At present, fire NOCs are required for commercial, industrial and institutional...
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