India’s Real Estate Market Transparency Among Most-Improved Globally

India’s real estate market transparency is among the top-10 most-improved markets globally, according to JLL’s 2022 Global Real Estate Transparency Index (GRETI). India’s improvement in transparency score from 2.82 to 2.73 between 2020 and 2022 is higher than some of the highly transparent markets such as Canada, Belgium and Spain. The improvement in India is […]

Builders welcome higher FAR, but say infrastructure must keep pace

While welcoming the town and country planning (TCP) department’s decision to offer higher FAR for residential and commercial buildings at the Kadamba Plateau, industry bodies have attached a rider, saying that power, water and sewage connections must be put in place. Developers point out that while real estate players pay infrastructure tax to the government […]

‘Live Close to Work’ to drive Residential Real Estate demand going forward

According to the Anarock-CII study, the pan-India market share for shared working spaces will increase from 3 percent to 4.2 percent in the next 12 months, with a 15 to 20 percent increase in growth. Another report by Knight Frank India states that the commercial segment in India witnessed a huge surge in the second […]

India’s real estate sector showing signs of healthy growth in 2022

The real estate sector registered a healthy rebound in 2021. With the steady performance and quick revival, the real estate sector regained the buyer’s and investor’s trust and further picked up the growth momentum. According to the Knight Frank report titled ‘Real Estate Outlook 2022’, India’s realty sector is showing signs of healthy growth in […]

Home Loan Interest is All-Time Low Now. Best Time to Buy a House?

With the festive season ahead, banks across India have started giving offers and providing concessions including interest rates of home loans that find themselves at an all-time low across the country. With the festive season ahead, banks across India have started giving offers and providing concessions. One such phenomenon that has been going around recently […]

Goa RERA frames rules to extend deadlines for housing projects by a year

The builder or real estate firm will have to apply to Goa RERA Authority at least three months before the validity of the registration period expires and only in exceptional and unforeseen circumstances the three-month period may be waived, Goa RERA chairperson S Kumaraswamy said. The department of urban development has notified rules to extend […]

Stars getting aligned for real estate sector

Housing loans interest rates are very low. RERA is aligned with consumer and developer interest; affordability has increased. Put all these things together and we believe housing is a long term trend. Housing loans interest rates are very low. RERA is aligned with consumer and developer interest; affordability has increased; house prices have stagnated. Put […]

Realty index at 10-year high

The real estate sector could turn out to be the Dark Horse of 2021 and barring the possibility of a third wave of the pandemic, realty stocks can continue their run. Real estate stocks are back on investors’ radar thanks to institutional and retail money pouring into the sector, which could turn out to be […]

Goa coastal body asks village panchayats & municipalities to submit CZMP resolutions

Some panchayats in Bardez, Bicholim, Pernem and Tiswadi and municipalities are yet to submit their resolutions to the GCZMA. The Goa Coastal Zone Management Authority (GCZMA) has directed the directorate of panchayats and the directorate of municipal administration to direct village panchayats and municipalities to submit a resolution taken by them on the draft Coastal […]