By Abhay Shah, Realty Quarter Nothing breaks the perspective of a new town as you move into it, whether you’re flying domestically or internationally. From the sky, Andheri streetlights are glowing like gold from Mumbai. Jackson Heights’ grid design just outside La Guardia in New York provides a feeling of its geography. And the region […]
By Abhay Shah, Realty Quarter A draft of ‘Model Tenancy Act, 2019’ has been published for consultation by the Union Housing and Urban Affairs Ministry. Swapan Dutta, director (east) of property consultant Knight Frank said in response to the development, “It’s a move in the correct direction as rents or residential lease should turn into an important […]
By Abhay Harish Shah, Realty Quarter According to property consultant Anarock, stable rates created luxury homes more appealing, with unsold homes priced between Rs.1.5-2.5 crore has gone done by 12% in the past year. Indian residential property in recent years has slowed down, shunning luxury homes and considering further investments in or out of the real […]
By Abhay Harish Shah, Realty Quarter For the third time this year, the real estate sector has welcomed RBI’s decision to lower interest rates by 25 basis points. It is expected to lead to a decrease in home loan EMIs and increase affordability for homebuyers. The main challenge, however, is for RBI to ensure that the […]
By Abhay Harish Shah, Realty Quarter The real estate market has become competitive, and sectors which were underdeveloped is taking a pace for its growth in infrastructure, also the prices are comparatively less, than the developed city. Because of the above-given factors, real estate investors are opting for tier-2 and tier-3 cities in India. […]
Bengaluru,Bengaluru real estate market has outperformed all other cities in terms of shedding unsold housing inventory. In its report released at ACETCH 2018 in Bengaluru recently, Anarock Property Consultants said Bengaluru witnessed a remarkable decline of 25 per cent in total unsold stock across top cities. The report studied Bengaluru’s residential real estate trends since […]
India’s banking liquidity crunch is extending to the nation’s developers, threatening to derail a nascent recovery in the property sector. Home builders in India have increasingly been turning to non-bank lenders for funding as traditional financiers struggle under bad loans. But following the government’s seizure of troubled shadow bank Infrastructure Leasing & Financial Services Ltd. […]
Bengaluru/Mumbai: Expensive property price has always been the bone of contention between potential buyers and builders. While builders are refusing to budge on the hefty price tag of their end product. They are trying to lure customers by offering gifts, easy payment options and in some rare cases minor discounts. Experts are doubting if these […]
Nearly 80% of the overall residential project launches in Navi Mumbai from 2013 to H1 2018 are in the affordable (< INR 40 Lakh) and mid-segment (INR 40 Lakh – INR 80 Lakh) budget range, states a report byANAROCK Property Consultants and CREDAI. The report‘Navi Mumbai – City of Opportunities‘ was released at the Capital Connect event organized […]
The depreciation has put more rupees in NRIs’ hands, making properties cheaper for them than they were earlier. As a result, there is an improvement in both inquiries and transactions by NRI in the real estate sector. “The charms to own a property back in their country of origin makes NRIs consider real estate as […]
