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Pollution Pushes NCR Homebuyers to Seek Second Homes in Hills

With NCR’s pollution levels soaring, interest in second homes in hill stations like Dehradun, Kasauli, Rishikesh, Nainital, and Shimla has skyrocketed. Queries for these scenic getaways have more than doubled, as middle-class buyers from NCR seek budget-friendly escapes within driving distance.

By Admin

  • 21st Nov 2024
  • 1126 Views
Can Insolvency Code Reforms Transform Real Estate Resolutions for Homebuyers?

Proposed IBC reforms by IBBI aim to resolve delays, ensure fair claims, and enhance transparency, offering relief to homebuyers and strengthening the real estate resolution framework.

By Admin

  • 20th Nov 2024
  • 1132 Views
5 Reasons Property Owners Must Stay Compliant with Capital Gains Tax in Builder Deals

As tax authorities tighten their grip on property transactions, landowners who enter Joint Development Agreements (JDAs) with builders are now under scrutiny for potential tax evasion.

By Admin

  • 20th Nov 2024
  • 1129 Views
Bombay HC Orders Municipalities to Integrate Websites with MahaRERA for Real-Time Certificate Verification

Bombay HC directs Maharashtra’s local bodies to link with MahaRERA portal in three months for real-time CC and OC verification, ensuring transparency and preventing forgery.

By Admin

  • 20th Nov 2024
  • 1129 Views
How Are Medium-Scale Developers Taking Advantage of the Indian Real Estate Revival with Agile Strategies?

Mid-sized property developers in India are adapting to the evolving real estate landscape by leveraging local expertise to deliver niche, high-quality developments, regaining ground after 2017's consolidation by large corporations.

By Admin

  • 17th Nov 2024
  • 1140 Views
HDFC Bank to Monetize Real Estate Assets Worth INR 3000 Crore

HDFC Bank, in a strategic move to streamline its portfolio, plans to sell key commercial and residential properties acquired from its 2023 merger with HDFC. Expected to generate around ₹3,000 crore, this divestment signals a shift towards core banking operations and digital growth.

By Admin

  • 13th Nov 2024
  • 1149 Views
Elevate Your Home Security With These Essential Tools for Modern Safety

As technology evolves, homeowners have an array of tools to enhance their home security. Growing concerns around safety have made it essential to explore and invest in innovative surveillance and security options.

By Admin

  • 12th Nov 2024
  • 1151 Views
Aadhar Housing's Asset Growth Surges as Stock Rises 47% Post-IPO

Blackstone-backed Aadhar Housing Finance (AHFL) has reinforced its position as India’s leading affordable housing loan provider with a significant 47% gain since its IPO in May. Analysts attribute this growth to the company’s large network and the government’s strong push for affordable housing.

By Admin

  • 8th Nov 2024
  • 1147 Views
IBBI Pushes for Direct Flat Ownership for Debt-Free Buyers Amid Real Estate Bankruptcy Resolutions

The Insolvency and Bankruptcy Board of India (IBBI) suggests granting ownership to debt-free purchasers who already own their property during the insolvent real estate firm's bankruptcy settlement. However, the committee of creditors must approve this plan.

By Admin

  • 8th Nov 2024
  • 1150 Views
Lodha Family Pledges INR 20,000 Cr to Philanthropy !!

Founders of Macrotech Developers, Abhishek Lodha and his family, have committed nearly $2.5 billion (₹20,000 crore) to charity in a significant move. The family will transfer a large share in Macrotech, making an initial corpus of over ₹20,000 crore for the Lodha Philanthropy Foundation.

By Admin

  • 3rd Nov 2024
  • 1158 Views
Mumbai Property Registrations Skyrocket by 52% in Revenue in Massive Festive Boost

October 2024 saw record property registrations in Mumbai owing to a good purchasing season. Mumbai's property registration revenue is estimated at ₹1,081 crore as of October 29, 2024, as reported by Maharashtra's IGR. An increase of 52% from the ₹712 crore recorded on Diwali in November 2023.

By Admin

  • 31st Oct 2024
  • 1151 Views
Diwali Property Registrations Halted Amid Treasury System Overhaul

The Treasury Department regrets Diwali property registration inconveniences. Diwali, particularly Dhanteras, is a lucky time to purchase property, but this year, system maintenance suspended the registration process, preventing homebuyers from completing their deals.

By Admin

  • 30th Oct 2024
  • 1154 Views
Embassy Office REIT Raises FY25 Leasing Targets Amid Strong Corporate Demand

Embassy Office Parks REIT, India's first listed REIT and Asia's biggest office REIT by area, increased its fiscal 2025 leasing objective to 6.5 million square feet from 5.6 million. This adjustment shows that corporate occupiers, notably GCCs, continue to seek premium office locations.

By Admin

  • 27th Oct 2024
  • 1161 Views
The Ultimate Guide to Buying RTMI (Ready-to-Move-In Homes)

Homebuyers are increasingly choosing ready-to-move-in houses. These houses provide immediate ownership and eliminate under-construction hazards, providing convenience, peace of mind, and financial advantages. This RTMI GHAR guide can help you buy a ready-to-move-in house.

By Admin

  • 20th Oct 2024
  • 1159 Views
Mumbai Real Estate Booms During Navratri 2024 - 13.2% YoY Growth in Registrations

India's biggest and most costly real estate market, Mumbai, started the 2024 festival season with strong Navratri property registrations. Between October 3 and 11, the city registered 5,199 properties, a 13.2% increase over Navratri 2023.

By Admin

  • 19th Oct 2024
  • 1180 Views
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