MOPA Airport Goa: Property in North Goa to appreciate

Real estate investment or buying property in Goa is set to become costlier with the MOPA Airport starting operations soon. The new airport will be a growth multiplier for real estate demand in the coastal state of India which is already enjoying a bull run after the pandemic. As operations in MOPA Airport are soon […]

Manage Home Loans During Rising Interest Rate Regime

The 140 bps hike in repo rate, since May 2022, along with increase in policy rates by major central banks around the world has confirmed the trend of rising interest rates. India’s residential real estate sector is increasingly embracing new concepts and innovative solutions to meet the needs of Millennial home buyers who are enthusiastic […]

Residential real estate emerging as a preferred asset class

Despite the challenges posed by the Omicron variant, the year 2022 brought good news for India’s residential real estate market, breaking all prior records. India’s residential real estate sector is increasingly embracing new concepts and innovative solutions to meet the needs of Millennial home buyers who are enthusiastic about homeownership. As per NITI Aayog, India’s […]

Is Indian real estate’s next growth journey in satellite cities?

A country’s growth is not when its metropolitan cities grow taller but it can truly be determined when smaller towns, villages, and second and third-tier cities see a spurt in the construction of real estate. India is achieving a milestone as they celebrate their 75th year of Independence. The highlight of our country’s growth is […]

Domestic Housing Sector Expected To Expand Over The Next Five Years

Hardayal Prasad, Managing Director and CEO of PNB Housing Finance, said that India demonstrated resilience and recovered quickly from pandemic-induced challenges, emerging as one of the world’s fastest-growing economies. The domestic housing sector is set to grow for the next five years after a lull of several years and the housing finance companies are well […]

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 […]

How to divide your property among legal heirs

A large number of senior citizens face the problem of dividing their house or residential property among children or legal heirs while drafting a will. The normal tendency is to divide the house room-wise or floor-wise. This may not always be the right approach to apportion a property. Consider an 800 square yard property comprising […]

Reasons why you should not buy property via Power of Attorney

Governed under the Contract Act and read with the Power of Attorney Act,1882, a PoA is a legal document through which a person nominates another person to act on his behalf. Pune-based businessman Ameya Deshmukh was looking to buy a decent accommodation for his family. A broker told him that a Maharashtra Housing and Development […]

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 […]