By Abhay Harish Shah, Realty Quarter In the past few years, real estate developers have faced many challenges because of the frozen market. For the same, in a recent meeting with senior finance ministry officials, the real estate developers were asked to recommend some steps to address such challenges. According to the sources, they were […]
By Abhay Harish Shah , Realty Quarter Occupancy Certificate is a significant report which shows that the structure was built in accordance with acceptable plans and local legislation. After ensuring that all local regulations are complied with, the local municipal company issues this paper. The builder shall receive the certificate of occupancy. Many financial institutions […]
By Abhay Harish Shah , Realty Quarter Taking a Home loan is a major undertaking in itself and one of the greatest monetary choices. A home loan is the longest obligation in our life. Now and again 10-20 yrs, this makes requests a long haul responsibility. Every month you need to pay your EMI, once […]
By Abhay Harish Shah , Realty Quarter The problem of delaying the unfinished projects is quite annoying and stressful for the residing people. Recently, In an ongoing gathering with agents of the Indian Banks Association (IBA), real-estate developers examined different issues […]
A favourable exchange rate coupled with regulatory reforms present an unprecedented investment opportunity for Non-Resident Indians (NRIs) looking to buy Indian real estate. With the rupee depreciating against the dollar, NRIs have more purchasing power for investments back home. Reforms such as the Real Estate (Regulation and Development) Act and introduction of escrow accounts have […]
Anuj Puri, Chairman – ANAROCK Property Consultants Miracles have been known to happen when a chequebook lies on the negotiation table Stamp Duty Shocker On the real estate market, upward revisions of any kind can doubtlessly hurt. Let’s take the Maharashtra Government’s proposal to levy a surcharge of 1% on stamp duty, effectively raising it […]
By Realty Quarter Bureau At Rs 1.5 trillion, the mortgage loan-book of ICICI Bank is half of the bank’s overall retail loan portfolio of around Rs three trillion, the bank said. “We are not only the largest private sector bank but also the largest mortgage player among our peers with an Rs 1.5-trillion loan book. […]
By Realty Quarter Bureau Hardeep S Puri, Minister of State (I/C) for Housing & Urban Affairs has stated that Smart City Center project is a unique component of the Smart City Mission which is helping in improved and efficient delivery of public services. He was speaking while chairing the Consultative Committee meeting attached to the […]
By Shobhit Agarwal, MD & CEO – ANAROCK Capital We often hear of banks auctioning off seized distressed properties, and how such properties can be lucrative investments as they come at very attractive prices. Studying the market of distressed properties is not very easy, but there are some areas of predictability. The ‘supply’ of distressed […]
By Anuj Puri, Chairman – ANAROCK Property Consultants Small is beautiful’ is the new buzzword with Indian millennials when it comes to buying homes in cities like Mumbai. These young professionals are less focused on size and look for homes in locations close or well-connected to their workplaces so that their daily commute is reduced […]
