Low home loan rates and steadily increasing homeownership sentiment helped maintain gains and momentum in residential real estate. The real estate sector was witness to a multitude of developments, such as decline in affordable housing, launches in mid-range and premium housing, surge in rental demand, and a construction ban to control pollution after Diwali.  Here […]

Bangalore is a prosperous city that hosts several businesses and reports significant IT investments. Further, it presents a cosmopolitan culture and pleasurable weather and extends plenty of prospects drawing people to migrate from all over the country. This has led to an upsurge in residential real estate inquiries, mainly for rented properties in the city. […]

Budget 2022-23: Impact On Real Estate The Union Budget 2022-23 might be a watershed moment for the real estate market. The budget statements appear enabling and forward-thinking, emphasising affordable housing and infrastructure development. Due to the Coronavirus-induced problems, India’s real estate business has suffered a slowdown in property sales, fewer site visits, and project delays […]

The dynamics at play while deciding to purchase a new home are many. The location, budget, price range, offers from builders, home loan offers, down payment, under construction, or ready-to-move-in projects are some of the many choices you have to consider. However, the preference for selecting a home is inclined more towards ready-to-move-in housing projects […]

A house is just a structure, but a home is what you build with love. Everyone wants a home full of happiness, positive energy and prosperity. To ensure that your home has these things, you should incorporate an ancient Vedic science called “Vastu Shastra” at every step of the process. These process steps include selecting […]

DLF’s residential business delivered a strong performance to clock quarterly new sales bookings of Rs 2,507 crore, reflecting a YoY growth of 24 percent. Cumulative new sales for 9MFY23 stands at Rs 6,599 crore, reflecting a YoY growth of 45 percent. Real estate major DLF Ltd on January 25 reported a consolidated net profit of Rs 519.2 crore […]

Introduction Everyone has priorities when it comes to home purchases. The purchasing process is difficult, drawn out, and prone to distraction. It can be useful to have written priorities to assist you to navigate the process without overlooking some of the elements that are significant to you and your family. Your realtor will also want […]

Mortgage When confronted with a financial emergency, most people consider either redeeming their investments or taking out a loan. While redeeming your investments may save you money on interest payments, it will put a halt to your long-term financial goals. Although a loan may be a better option in the event of a financial emergency, […]

We now understand what a mortgage loan is and how it is calculated, so let’s look at some of its key features. A lender may not accept all types of real estate or other properties. Lenders typically accept fully constructed properties, such as your home or a commercial shop. Marketable properties must be freehold, which […]

Introduction In the past ten years, the Indian real estate market has experienced tremendous expansion, and Non-Resident Indians (NRIs) have played a significant role in this boom. NRIs are more likely to purchase a home in India due to hybrid work arrangements, a wish to go back to their country of origin, and a desire […]

Units Part Of 15L Dwellings Sanctioned By Centre In 2015 The state government will build 3. 75 lakh houses across Maharashtra under the Pradhan Mantri Awas Yojana-Urban (PMAY-U) by December 2024, as per the revised deadline set by the Centre. These 3.75 lakh units are a part of the 15.82 lakh units sanctioned for the […]

Planning to buy a second home? Here are a few tips from our experts that you should consider while making your purchase With rising disposal incomes and the millennials now becoming the primary homebuyers, the demand for second homes is on the rise. One of the recent surveys conducted by Savills India found that almost 70 […]

Union Budget 2023-24 The recently announced Union Budget 2023-24 could be a watershed moment for the real estate industry. The Finance Minister has announced several measures that are likely to benefit the sector.  On February 1st, the Finance Minister delivered her fifth Union Budget. Her budget, which announced measures of growth and progress, was built […]

To strengthen mobility and ensure better connectivity to Sir M Visvesvaraya railway terminal at Byappanahalli in Mahadevapura zone, BBMP is planning to build an elevated rotary at a cost of over Rs 300 crore. BBMP chief commissioner Tushar Giri Nath has written to the urban development department (UDD) seeking Rs 345 crore for the project. […]

Union minister for road transport and highways Nitin Gadkari recently said that the 10-lane Bengaluru Mysuru Expressway will soon be completed and it is likely to be inaugurated by February After an aerial and physical inspection of the highway and taking a ride for 5 km on a stretch, Gadkari said he would request Prime […]

Introduction Bengaluru, Karnataka’s capital city, is known as the IT hub and home to several start-ups. The Silicon Valley of India, located around 3,000 feet above sea level, attracts thousands of people due to its good weather all year and the numerous options it provides. As more people move into the city, the need for […]

Real Estate Professionals Real estate ownership comes with several tax benefits, but real estate professionals are also eligible for additional benefits. Although pursuing real estate professional status (REPS) may seem onerous, qualified owners can benefit from additional advantages such as lowering taxable income by writing off sizable losses such as depreciation from real estate activities. […]

What Is a Rental Agreement? A rental agreement or tenancy agreement refers to a rental contract between two parties, i.e., the owner of the property and the interested renter, agreeing on terms and conditions for the temporary possession of the renter over the property under consideration.  The rental agreement specifies the parties of the agreement, […]

SYNOPSIS      It is super easy and convenient to Apply for Home Loan online. In addition to the prevailing benefits of availing a home loan, there are 3 Key Benefits of becoming a homeowner in present times.  Multiple options for homebuyers in the affordable home segment.  GST rates on home purchase have been reduced significantly.  Home loans have […]

SYNOPSIS An important component of purchasing a home is paying stamp duty and registration charges. In Mumbai, stamp duty is levied under the Maharashtra Stamp Duty Act. The location of the property is the prime determinant of amount of stamp duty. These levies are applicable on freehold and leasehold land (agricultural and non-agricultural), houses, flats […]