Budget Housing Sizes See Most Decline in 5 Years – RealtyMyths

Anuj Puri, Chairman – ANAROCK Property Consultants Properties within INR 40 lakh budget see 23% fall in average sizes – from 750 sq. ft. in 2014 to 580 sq. ft. in 2018 Avg. property sizes in the top 7 cities decline by 17% in 5 years; from 1,390 sq. ft. in 2014 to 1,100 sq. ft. in 2018 Bangalore sees...Read More

From ‘Influencer’ to ‘Actual buyer’: Women Emerging as New Age Homebuyers – RealtyMyths

Dr Niranjan Hiranandani – National President – NAREDCO & CMD- Hiranandani Communities Empowering women in India moves along twin tracks – first, the accepted norms and second, the new age opportunities that women are creating in an evolutionary stage for India. Among the aspects that define...Read More

5% GST without ITC: Impact on Buyers, Builders and Exchequer – RealtyMyths

 Anuj Puri, Chairman – ANAROCK Property Consultants The keenly-awaited meeting of the Goods and Services Tax (GST) Council, which was supposed to deliver a final decision on the differential tax rates on real estate yesterday, hopes to reach a consensus on the 24th. This is a critical matter an...Read More

GST Rate Cut in 2019 – A New Year Gift for Homebuyers?

A possible GST rate cut at the very beginning of 2019 could bring in the much-needed respite for the Indian residential sector, which is still reeling from reformatory changes. Though ANAROCK data indicates that sales numbers picked up by nearly 16% in 2018, sales are still far from their peak levels...Read More

51% home buyers seek rental income, 39% prefer affordable housing

39% prefer to invest in housing priced below ₹40 Lakh 68% seek property for end-user; 52% favour compact 2BHKs 51% of investors focused on rental returns As many as 81% of polled aspiring homebuyers acknowledge Indian real estate’s improved and improving transparency, discipline and accountabil...Read More

Raining monsoon offers by Realty players

July is not a lean period for the realty sector this year as developers are lining up freebies and discounts for homebuyers. The monsoon season (June-August) is traditionally a low-key period for the real estate. But this year one is witnessing an unusual marketing and sale activity by the real estat...Read More

Increased Property Purchase Costs – Hype Vs. Reality

Anuj Puri, Chairman – ANAROCK Property Consultants Miracles have been known to happen when a chequebook lies on the negotiation table Stamp Duty Shocker On the real estate market, upward revisions of any kind can doubtlessly hurt. Let’s take the Maharashtra Government’s proposal to levy a...Read More

Real-Estate Weekly News Round Up.

Welcome to RealtyMyths Weekly News Round-Up. Here, we bring to you the major updates from the real estate sector, in case you missed them. One of the major development came from the Haryana RERA where served a notice on Supertech for cheating homebuyers Apparently, the notice was issued on a complain...Read More

1 year of RERA: the sector on a way to be regularized

  Recently RERA (Real Estate Regulation and Development) Act, 2016 completed a year on May 1. Although certain sections of the Act were introduced on May 1, 2016, it came into force in its entirety on May 1, 2017. Before RERA, there was no real estate regulator in the country due to this many bu...Read More

Busting the myth of the ‘Ideal Home’

Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants You read of it in advertisements and on hoardings, and hear of it in radio jingles and TV commercials – the ideal home, or ‘dream home’. It makes you wonder if you’re living the lifestyle you truly deserve, if ...Read More

Anokha October – Real estate rewind 2017

2017 was not less than a roller coaster ride for the real estate sector. Before flying into 2018, let’s peek into a year which was perhaps filled with uncertainty, volatility and long-term promise of new opportunities. Let’s look at RM top stories for the month of October which got maximum eyeballs. ...Read More

Buying Residential Property: Decoding buyers’ predicament

by Soumya Prakash After witnessing a phenomenal growth last year, the home loan market is now facing a slowdown as three steps taken by the government — demonetisation, Goods and Services Tax (GST) and the Real Estate (Regulation and Development) Act (RERA) appear to have prompted homebuyers to go sl...Read More

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