Despite RERA, one-fifth of home buyers prefer refund, says Magicbricks

– 72% buyers want to file RERA complaint for delay in possession -19% home buyers would prefer a refund in case of delayed possession Ever since it was formed two years ago, Real Estate (Development and Regulation) Act 2016, (RERA) has brought in a ray of hope and is the first choice for home b...Read More

Mulund to get a realty boost as GMLR inches closer to reality

The Goregaon-Mulund Link Road (GMLR), an ambitious road project of the Brihanmumbai Municipal Corporation (BMC) connecting eastern and western suburbs through Sanjay Gandhi National Park (SGNP), has secured all the mandatory clearances and construction work is set to start very shortly. The mega Rs. ...Read More

Attractive prices lure 61% Hyderabad homebuyers: ANAROCK Report

– Current avg. property prices in Hyderabad hover around INR 4,170 per sq. ft. – the lowest among all top 7 cities – In the last 5 yrs. the city’s average prices have risen by 15% – 3rd only to Pune & Bangalore that saw 25% and 16% appreciation respectively – Hyderabad mic...Read More

Homing in on HSR Layout, Bangalore – RealtyMyths

Developed by the Bangalore Development Authority (BDA) decades ago, HSR Layout – home to upper-crust residents and even some ministers – is strategically located between major IT hubs including Electronic City, Outer Ring Road and Sarjapur Road. Not surprisingly given these excellent location anteced...Read More

7 tips for first-time real estate investors – RealtyMyths

by Anushree Ghosh, Investing in real estate simply means that you have a clear vision about gaining more from the money you own currently.  It is one of the smartest and safest ways to invest. Unlike the stock market, it is relatively stable and you have a physical asset for assuring yourself of the ...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

Taxes on Property Purchase – And How to Save On Them

Anuj Puri, Chairman – ANAROCK Property Consultants If you are looking to buy a property or have already invested in one, you will know that there are tax implications involved. Let’s first examine the tax on property purchase and then elaborate on how one can save on it via tax exemptions and d...Read More

Kondapur – Another Hyderabad Housing Hub Goes Premium

Prashant Thakur, Head – Research, ANAROCK Property Consultants Located in western Hyderabad, Kondapur has emerged as a major residential hotspot in the city over the last few years. Once a remote locality, the micro market is currently abuzz with residential activity across property types and budget ...Read More

NRIs Buying Indian Property, And Indians Buying Property Abroad

Prashant Thakur, Head – Research, ANAROCK Property Consultants NRIs Eyeing Indian Properties Ever since the Indian rupee began nosediving, more and more NRIs (non-resident Indians) have turned their focus to the Indian real estate market. There are good reasons for this. Other than the favorable exch...Read More

Magicbricks continues high double digit growth trajectory; registers 74% YOY jump in Q2 FY’19 revenue

Q2FY’19 revenues touch Rs.55 crore Magicbricks now enjoys 60% of all online listings Magicbricks android app exceeds 5 million downloads Magicbricks, India’s No.1 property site, today announced a robust growth of 74% YoY in Q2 FY’19 with revenues touching Rs.55 crore as it stayed on course for a high...Read More

Should You Buy a Home this Festive Season?

Anuj Puri, Chairman – ANAROCK Property Consultants The festive season is considered auspicious for property purchase and Indians across many states prefer to make informed property buying decisions during this period. To encash on the increased demand during the festive season, builders, on their par...Read More

Do you know the benefits of owning a property jointly?

by Saloni Bisht, Owning property has always been on the priority list of every individual, for all the right reasons. It gives a sense of comfort to hold a place and moreover the pride of ownership. Apart from self-satisfaction, coming to the practical part; real estate has consistently appreciated o...Read More

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