Latest Real Estate News Delhi, India - Real Estate market in india

RM Reports

Is Abrogation of Article 370 a Silver Lining for Jammu, Kashmir and Ladakh!

by Neeti Raina In the late 1980s, life as I (a junior school student) knew was quite comfortable during the harsh winter months in Jammu and Kashmir. In Srinagar, where I lived with my family (till December 1989), on an average load-shedding for 12 hours a day– particularly covering peak hours, was a norm. Every household would make arrangements to manage this thrice-a-week power cut (called ‘Vaaer’ in Kashmiri literally translated to Turn). From dusk or at night children would study and do their homework, women would cook and finish their household chores under the light of a petromax lamp (a star performer) or the traditional kerosene lamp or even the humble candle. The entire family would huddle around the lamp or the candle (back then one did not have the luxury of having more th...

Abolish single-use plastic by 2022: Environment secretary | Weekly Round Up | RealtyMyths

Hey guys, welcome back to the weekly news round up! Let’s see what’s in the bulletin for us today.  An FIR has been lodged against the office bearers of a residents’ welfare association by a junior engineer of Ghaziabad Development Authority (GDA) Gyan Prakash Diwedi. for allegedly hindering him from doing his duty. On September 23  the State Bank of India (SBI) declared that it will adopt the repo rate as an external benchmark for home, retail loans, and all the floating rate loans for MSME effective 1st October 2019. The Police in Thane district lodged a case against Mira-Bhayander BJP MLA Narendra Mehta and civic officials for building a hotel after cleating mangroves. The HC directed the police to register an FIR and start an investigation. According to the Kolkata Metro Rail Corporat...

Benefits of Digitisation of Land Record

– by Arti Choudhary We are in the fourth phase of the modern revolution where computerized innovation is completely changing our lifestyle – from transportation to health and teaching – digitalization is changing landscaped in regards to development, executive resources, showcasing and deals. Talking about real estate, it is one of the most important factors of the Indian economy as it serves 5-6 percent to the Nation’s Gross Domestic Product (GDP). When every sector is adopting the policy of going digital, then how the housing sector can lack behind in the race. The first step towards digitalization in the sector was made when it switched to the digital records of various land from paper records. Main perspective behind the digitization of land records in the sector was to improve t...

Co-living Vs PG and Hostel: What’s the best option for students?

– by Arti Choudhary Student life is not so easy especially for those who stay away from their homes. There is hardly a choice for them either go to hostel or PG but at the same time, most of the students will agree that the service or the food provided at hostels or PGs are the worst and do not stand anywhere on their expectations. If not hostel or PG then where else to go? One of the fastest-growing trends in the developed world is Communal living or Co-Living. It is way better than living in hostels or PGs. Do you still find it hard to decide which one will be the better option for a convenient living? Don’t worry then, the following are some factors that will help you opt the best according to your needs. Affordability It is impossible to control your expenses while you are stayin...

Now You Can Own Your Home In Your Twenties!

– by Arti Choudhary Owning a house of your dream is the best feeling in the world. But is there an age fixed for buying it? No, not for sure, especially when it comes to generation Z or Gen Z (people born in 1995 or later). This generation is known for changing the mind-sets of people who say that there is an age of doing everything. With the oldest members entering the age bracket for first-time home buying, Gen Z shows far greater interest in homeownership than the general population. If you are in your twenties and planning to buy a home then there is nothing wrong with it. But there must be some questions running through your mind when you decide to take a step ahead in buying your own house and the most prominent one is how you can buy a home in your twenties? So, here the tips ...

Real Estate Unsold inventory is on rise in FY19 | Weekly RoundUp | RealtyMyths

Welcome back to the Weekly News Roundup! Let’s see what’s in the bulletin for this week.  The unsold inventory is increasing at a high rate. As per the report the available audited finances of the top 25 developers for FY19, they were sitting on unsold inventory worth nearly Rs 1.4 trillion at the end of March this year, up 19 percent year-on-year (YoY). In comparison, the industry’s combined revenues were down 7.2 percent in the last fiscal year, while net profits rose 7.7 percent. As the election is around the corner, the Maharashtra government fuelling up Mumbai’s real estate industry. After providing a Rs 2,200-crore fiscal package for the city’s realty industry last month, the Government has uncovered another stimulus package for the sector. The Government has also lowered the intere...

Corporate Tax Cut Will Boost Market Sentiment

by Santosh Sinha In continuation to government’s efforts to bring the economy back on the growth track, Finance Minister Nirmala Sitharaman today proposed to slash the corporate tax rate for domestic firms and new domestic manufacturing companies. As per the new announcement, the current corporate tax rate has been brought down to 22% from 30%. The effective tax rate will be 25.17% inclusive of all surcharges and cess for such domestic companies. For new manufacturing companies, the existing tax rate of 25% has been brought down to 15%. The effective tax rate after surcharges and cess will be 17%. This is a huge boost to the corporate sector. A sudden surge of more than 1600 points at Sensex testifies market’s mood over this announcement. As per some of the economists and marke...

Real Estate Festive Season Offers: To Be Believed Or Not?

– by Rashi Jain Indians consider Diwali season to be sacred and believe it to be a marvelous time to open businesses, sell products and buy properties. As the festive season comes close the real estate developers start promoting different offers and discounts, one after another, to lure in home buyers. To avoid unpleasant fallout, one must proceed with caution in buying a house. The buyer must not look at only offers but the property as well. It is the property itself that should lead the decision-making process. Let’s discuss the things you need to keep in mind while buying a house:- Offers\Discounts The real estate dealers post out many enticing and inviting offers and discounts to entice home buyers. Do keep in mind, while some offers can be undoubtedly legitimate, there can...

Prevention tips to avoid Dengue in Delhi

-by Ankana Mitra Every year with the arrival of monsoon, there comes countless problems like damp, moisture, waterlogging, multiple diseases and the list goes on. Out of many problems, dengue emerges as one of the biggest problems this season. Dengue is a mosquito-borne viral disease and is spreading like a wildfire especially in India. The Dengue virus is transmitted by female mosquitoes mainly of the species Aedes aegypti and, to a lesser extent, Ae. albopictus. Let’s talk precisely about our national capital, Delhi where dengue has become the new normal. The first week of September itself saw 30 dengue cases, taking the overall number of this season to 122. Delhi recorded the worst-ever outbreak of Dengue in 2015. With an unnerving number of cases over 15,867 cases and 60 deaths, the ta...

Co-living is millennials new love | Weekly Roundup | RealtyMyths

Welcome back to the weekly news roundup! Let’s see what’s in the bulletin for this week. Looks like co-living has become a perfect choice for many millennials. In a recent report titled ‘Insights on Co-living – An Asia-Pacific Perspective’ by Knight Frank, Mumbai occupies the fifth position in Asia Pacific Co-living Index while New Delhi is ranked 11th and Bengaluru 19th. Greater Noida Industrial Development Authority (GNIDA) issued a notice to GaursonsHitech Infrastructure for fitting artificial carpet in the mandatory ‘green’ area of its housing project. This marks the third notice which has been sent to the company in the past two years with the first being sent in December 2017. According to the property consultant Anarock, South Mumbai’s Tardeo has become India’s mos...

Air Quality in Delhi: Is it improving?

– by Shefali Gautam Surprisingly, the sources which are freely available and are pre-requisite for our survival are the most polluted today. Yes, you heard it right, Soil, Water and Air the three essential requirements for human beings’ existence are pernicious. Believe me, the current situation is grisly and it demands immediate on-ground action, mere dialogues won’t solve the prevailing crisis. Current Air Quality in Delhi is blood-curdling. One of the biggest problems Delhi is facing today is dangerously high levels of toxic smog. As winter is coming, the problem of smog will again rise. Last year pollution levels hit its worst, the level rose to 500 in some parts of Delhi. In some parts of Delhi, pollution levels even hit 654. This happened during the last year’s Christmas Eve.  ...

2,646 trees at Aarey forest to be chopped for Metro car shed | Weekly Roundup | RealtyMyths

Hi Guys! Welcome back to the weekly news round up. Let’s see what’s brewing in the bulletin today!  CII-Indian Green Building Council (IGBC) has announced its plans to promote the ‘Net-Zero Energy Building Movement’ in India, which is intended to encouraging energy efficiency. The Noida Authority has warned realtor Unitech to clear its Rs 2,743.29 crore dues against the land allocated to it for group housing projects within 15 days or face cancellation of the allotments. New Delhi registered the biggest decline in Asia, as the capital dropped by 6 places to 118th spot on the world’s most liveable cities list, due to a rise in cases of crimes and poor air quality. Environment experts cautioned that if the target of attaining land degradation neutrality (LDN) by 2030 is not completed then t...

Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.