The Maharashtra government agreed to temporarily cut the stamp duties on houses from 5% to 2% until December 31 in an effort to improve the declining real estate sector due to the coronavirus outbreak. The government said in a statement that the stamp duty on homes would be 3% from 1 January until 31 March. […]
Government reduces stamp duty charges from 5% to 2% in Maharashtra.more
Places like Tambaram and Chromepet could see a surge in demand because of the proposed metro service from the Chennai Airport to Kilambakkam. After the much anticipated and needed announcement of Chennai Metro Rail, which would connect Chennai Airport to Kilabakkam, southern suburbs like Tambaram and Chromepet expect an increase in property prices. According to […]
South-Chennai to become an ideal investment zone.more
The diversified business Nesco Ltd has given companies like HERE Technologies and IndiaFirst Life Insurance with over 6 lakh sqft prime offices in Mumbai. Nesco Ltd has built ‘Nesco Tower-4’ which comprises one million sq ft of leasable area in Goregaon East, Mumbai, with an investment of about Rs 600 crores, except land cost. Nesco Ltd […]
NESCO provides 6 lakh sqft office space in Mumbai to various firms.more
By Abhay Shah, Realty Quarter Despite the slowdown in the real estate market, property consultant JLL India’s revenue grew 17% to Rs 4,000 crore in 2018-19 and is planning to recruit 2,000 employees by the end of next year to maintain this growth momentum. During the financial year 2017-18, JLL India, which is a part of global real […]
JLL India revenue grew by 17% to Rs 4,000 crore – FY19 report.more
By Abhay Shah, Realty Quarter The increasing co-living and co-working sections of alternative real estate asset classes will further improve their footprint. In addition to 5.7 mn beds from past rates of Rs.458bn and 3.6 mn in 2018, the Indian co-living industry is predicted to deliver Rs.1 trillion by 2023 in a business opportunity. “The changing […]
Real estate market to observe new growth in Co-living and Co-working spaces.more
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 […]
The RBI rate reduction will enhance the affordability of home purchasers – Latest Updatemore
By Abhay Harish Shah , Realty Quarter The co-living business sector is taking off in the Asia Pacific including India as more individuals relocate to urban areas for occupations or instruction openings. This is opening up new doors for realtors and financial specialists around the region. More youthful ages, quick advancing buying patterns and the […]
Co-living space is trending and is more profitable then traditional leasing.more