From the past few quarters, the real estate markets in India have been going through a phase of massive change. How do you time your entry in any investment channel — whether it is equities or real estate? Is it the juncture when the markets are booming and everyone is joining the fray? Does that make for a sound investment decision? Probably, not! Most retail … Continue reading Will 2018 be a good time to invest in real estate?
The real estate developers in the country are expecting the market to move up in the first quarter of the next financial year after the current issues like GST are resolved. “We expect the real estate market to stabilise in the last quarter of this fiscal and grow in the beginning of next year” Getamber Anand, national chairman of Confederation of Real Estate Developers’ Association … Continue reading Real estate developers expect rebound in first quarter of 2018-19
Homebuyers are increasingly showing a preference for buying ready-to-move-in apartments against under-construction homes as builder delays and defaults increase. The trend indicates that consumers are more interested in certainty related to such ready apartments than saving money by booking an under-construction apartment that offers deferred payment facility. Buyers are willing to shell out more for ready-to-move-in apartments rather than risk investing in under-construction projects. Builders … Continue reading Ready flats are top picks as builder delays rise
Residential property market is Bangalore is been impacted due to implementation of real estate regulatory act. However the city is inching towards recovery. As per Colliers International’s research, the performance of Bengaluru’s residential market post RERA, in H1 2017, the city ranked second in total residential launches in India with about 13,400 new unit launches. The market faced a notable drop of 23% compared to … Continue reading Home launches in Bangalore decline due to RERA
Property purchase is one of the biggest financial decisions of a person. How GST, or goods and services tax, will impact the real estate sector? Will property prices come down? This would be the top of the mind of many prospective buyers. As the country switches to GST from July 1, the new indirect tax regime will subsume nearly a dozen of central and state … Continue reading GST Impact On Real Estate: Will Property Prices Come Down?
The Real Estate (Regulation & Development) Act, 2016, the landmark realty law to protect home buyers from unscrupulous developers, will become operational from Monday, nine years after it was conceived. The act was cleared by Parliament in March last year. Under the act, states had to notify the realty rules and set up Real Estate Regulatory Authority (RERA) by April 30. Without notifying the rules, … Continue reading All you need to know about the RERA Act
Under the RERA Act, in order to render their services, all agents have to be registered with the authority and the developer. The deadline for establishing a real estate regulator is over. According to the Real Estate (Regulation and Development) Act, 2016, which was enacted on 1 May 2016, a regulator under the Act should come in to existence by 1 May 2017. The Ministry … Continue reading What RERA means for real estate agents, under-construction projects
BANGALORE | MUMBAI: Residential property market is witnessing green shoots with housing sales growing 13% for the fourth quarter of 2016-17. The surge in the volume was primarily driven by Mumbai, Pune and Bengaluru, which together accounted for 57% of total sales across top-9 cities during the quarter ended March, said a PropTiger.com report. Total residential sales increased to 51,700 units during the quarter from … Continue reading Residential sales up 13%, launches rise 19% in January-March: Report
Ever since the emergence of the city’s new international airport in this area, there has been an unprecedented boom in north Bengaluru, making it the fastest appreciating property location. As a refreshing change from the confines of the city, there are large tracts of land available here, and this has spurred a number of property ventures. Several factors make north Bengaluru such an alluring destination. … Continue reading An Investment Hotbed – What Makes North Bengaluru So Special
Globally, real estate is recognized as a sector which has the most economic linkages. In India, realty is the second largest employer after agriculture and is slated to grow at 30% over the next decade as the number of Indians living in urban areas is set to increase from 434 million in 2015 to 600 million by 2031, according to the India Brand Equity foundation. … Continue reading Indian Realty Expected to Grow by 30% in Next Decade, Will Remain a Good Investment