What I’ve learnt over my 5 months in Goa

Some handy pointers from a tourist-resident I have now been in Goa long enough to know that Mojigao is an Israeli restaurant, not a village in North Goa. The other day at a house party in Anjuna, somebody asked me how long I had been here. This is the kind of question you get asked […]

Pandemic gives unexpected boost to luxury realty segment in Goa

For many sectors the COVID-19 pandemic was a disaster, but for the real estate market in Goa, especially in luxury villa segment and selling of plots in a gated community, it came as a boon in disguise. Property in Goa is much in demand. From studio apartments to villas, everything is selling briskly despite the […]

Relief for real estate sector as Goa CM cuts infrastructure tax

The chief minister also said that it proposes to extent the online building plan approval management system for multi-family dwellings, commercial buildings and industrial buildings in a phased manner. In a move that is likely to breathe life into the real estate sector, chief minister Pramod Sawant on Wednesday announced that the infrastructure tax levied […]

Goa RERA specifies norms for transfer of real estate projects

The new rules have been framed and notified after the authority found several instances where builders were transferring real estate projects to other entities without clear obligations being specified. The Goa Real Estate Regulatory Authority (RERA) has set a few ground rules for phase-wise development of real estate projects and transfer of real estate projects […]

Budget to fuel investments in Real Estate

Real estate players said on Monday the Union Budget 2021 contains several measures to strengthen infrastructure and attract investments for kickstarting the economy amid Covid-19 pandemic. Shishir Baijal, Chairman and Managing Director of Knight Frank India, said the Budget announcements relating to monetisation of infrastructure and real estate assets will help increase private sector participation. […]

Govt to give benefits for affordable housing

The affordable rental housing complexes scheme under the Pradhan Mantri Awas Yojana—Urban has been launched to provide dignified and affordable living spaces for low income workers. Incentives and benefits including free floor area ratio (FAR), concessional project finance, and trunk infrastructure facilities free of cost will be part of the affordable rental housing complexes (ARHCs) […]

Office space leasing across India’s major cities likely to grow 22% in 2021

Office space absorption across India’s major cities is expected to touch a growth of 22% in 2021, an increase from last year despite the disruption caused by the pandemic in the last few quarters. Office space absorption across India’s six major cities is expected to touch 41.3 million sq ft in 2021 marking a growth […]

How to buy a property on which home loan is pending

There are some crucial checks and document requirements before you enter into a legal contract to buy a property on which home loan is pending. Buying a resale property appears much simpler than buying an under-construction unit. However, there are some crucial checks and documents requirements before you enter into a legal contract. Every property […]

Most Homebuyers feel this is the best time to buy a house

Amidst deals, discounts and cheaper home loans, an increasing number of homebuyers are considering it advantageous to buy houses right away. Real estate’s perception as an investment asset class has also increased distinctively post the outbreak of Covid19 pandemic. Nearly 62% respondents, in a sentiment survey conducted jointly by the CII and Anarock Property Consultants, […]