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NRIs prefer Bangalore real estate as top choice

More NRIs plan to buy luxury homes for end-use and Bengaluru remains their top choice from the top 7 cities in India. Bengaluru thrives to be the first choice for at least 22% NRIs, followed by Pune with 18% and Chennai drew 17%50% of NRI respondents prefer luxury...

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Commercial Real Estate Bounces Back

-Source "TIMES PROPERTY"Dated 20.02.2021 Integrating technology, a sustained policy impetus, and an accelerated investor interest are key to the success of the commercial real estate sector in the upcoming quarters Important Stats:- The total gross leasing activity...

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Realtors seek PAN India License to boost sector

-Source - "TIMES CITY" The Number of Real Estate Agents n the state could be in several thousands. Yet almost five years after Real Estate Regulation and Development Act, 2016 was enforced, only about 2,787 such agents have registered...

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Positive indication for aspiring home buyers

Growth of Home Loan Market- Source 'TIMES PROPERTY - 16 Jul'21' Factors that helped the home loan sector grow Pent-up demandLower interest ratesFavourite government incentivesDiscounts by developers Without a Home Loan today, it is quite impossible to buy a home &...

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Sub-registrar Offices exempted from COVID Curbs

-- Sourced TIMES CITY/STATE Sub-registrar Offices are allowed to function and people can visit for documentation and registration as it is considered as an essential activity The Government has kept sub-registrar offices open as a desperate bit to generate revenue...

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What drives demand in Real Estate Sector?

Offer & discounts provided by certain developers are proving to return the home sales to pre-pandemic level The auspicious festival time is when the home buyers are celebratory and tend to time their real estate purchase. This helps builders to roll out several offers...

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Shift in Landlord – Tenant Dynamics amid Covid-19

The current crisis are likely to change the terms of future leases and shift the dynamics of real estate's most important partnership - Landlord & Tenant The Covid-19 pandemic caused ripples across all industries including residential rental market. Health and safety...

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Office Spaces absorption decline by 45% in 2020

38 million sq.ft. of new completions and 30 million sq.ft. of net absorption is expected in 2021 Source ET Realty dated 22.02.21 The office market in India saw its peak in 2019, with net absorption of Grade A spaces crossing 46 million sq ft and new completions...

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Real Estate Sector bounces back with a Zest

-Source Times Property dated 19.02.2021 The Real Estate Sector is showing signs of recovery, thus indicating an upbeat sentiment Moody’s, US business and financial service body raised a forecast of India’s growth from -9.6% of 2020 to -8.9%. Moody’s rating has been...

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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...

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2021 – 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...

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Rise 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...

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Comeback 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,...

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Synopsis: 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...

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Synopsis: 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...

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